ENDLESS SUMMER

Guggenheim exec takes 3 mos. off — for starters

An employee said to be at the center of a power struggle between top brass at Guggenheim Partners just extended her summer vacation.

Alexandra Court — whose promotion at the $290 billion financial powerhouse in April 2016 coincided with a controversial bloodbath that claimed nearly two dozen executives — had been expected to return to work Friday following a three-month “sabbatical.”

Nevertheless, Court did not show up at Guggenheim’s posh offices in Santa Monica, Calif., sources told The Post.

Her employer insisted she will return by the end of the month.

“We expect her to be back from her sabbatical sometime in September,” a Guggenheim spokesperson said Friday, declining to discuss the circumstances of her summer-long absence.

But Court, a senior sales executive, told colleagues that she extended her leave indefinitely, claiming she needed to get her kids settled in school, according to a Financial Times report on Friday.

Attempts to reach Court were not successful.

Court has worked for Guggenheim since 2010 following stints at UBS and Credit Suisse. She ruffled feathers soon after being named global head of institu- tional distribution in April 2016, according to reports.

That’s because Court’s promotion coincided with 22 members of the US distribution team being fired — a move that reportedly widened a rift between Guggenheim founder Mark Walter and chief investment officer Scott Minerd, who is the face of the firm.

She was previously head of European relationship management and distribution.

Walter, a billionaire who also co-owns the Los Angeles Dodgers, was reported to have a “close relationship” with Court — a claim the company downplayed.

“Mark Walter and Alexandra Court only have a business relationship,” the Guggenheim spokesperson told The Post.

But the heart of the issue be- tween the Walter and Minerd appears to be money.

Minerd and others in his camp say the downsizing in the distribution team has made it difficult for Guggenheim’s portfolio managers to raise new money from investors and service existing clients, according to the FT.

Some employees are also reportedly upset that Court, who attended school in South Africa and worked in Europe, does not have US securities licenses. In July, a Guggenheim spokesperson told the FT she would have the necessary licenses upon her return.

But for all the reports of a power struggle between Walter and Minerd, Guggenheim has tried to downplay any conflict.

“There is no power struggle between Scott and me at Guggenheim. We have been friends and worked together for more than two decades. We share a common goal: to make Guggenheim great and to deliver stellar performance to clients, while serving them with excellence,” Walter told The Post in July.

“The statement or implication by unnamed sources in the Financial Times that there is a power struggle between Mark Walter and me is simply is not true,” Minerd added at the time. “Mark and I have been friends and business partners for over 20 years.”