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Simpson Thacher represented the underwriters, led by Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and RBC Capital Markets, LLC in connection with the initial public offering of Guggenheim Equal Weight Enhanced Equity Income Fund (the "Fund"). The offering raised approximately $201 million, assuming full exercise of the underwriters’ option to purchase additional shares.

The Fund is a diversified closed-end management investment company which trades on the New York Stock Exchange under the symbol "GEQ". The Fund’s investment objective is to provide a high level of risk- adjusted total return with an emphasis on current income. Guggenheim Funds Investment Advisers, LLC is the Fund’s investment adviser. Security Investors, LLC is the Fund’s equity strategy sub-adviser. Guggenheim Partners Asset Management, LLC is the Fund’s option strategy sub-adviser.

The Simpson Thacher team for the transaction included: Sarah Cogan, Jeremy Barr and Scott Naturman (Capital Markets); Jonathan Cantor and Christian Miller (Tax); and Jennie Getsin (Blue Sky and FINRA).