NEW YORK, May 6, 2020 /PRNewswire/
-- Oppenheimer & Co. Inc. ("Oppenheimer"), a
leading investment bank, wealth manager, and a subsidiary of
Oppenheimer Holdings (NYSE: OPY), today announced the formation of
a dedicated insurance team under the Financial Institutions Group
of its investment banking business.
Seasoned executives Leslie Fenton
and Ritendra Roy – who collectively
have over 50 years of mergers & acquisitions (M&A) and
capital raising experience for the insurance sector – have joined
the Financial Institutions Group as Managing Directors. Ms. Fenton,
who is based in Chicago, and Mr.
Roy, who is based in New York,
will both report to Gilbert Dychiao,
Group Head and Managing Director.
The addition of the Insurance team accelerates the growth of the
Financial Institutions Group (FIG) of Oppenheimer & Co.'s
Investment Bank, where the firm's expertise includes Asset
Management & Brokerage, Specialty Finance, Financial
Technology, and now, Insurance.
"We are thrilled to welcome Leslie
Fenton and Ritendra Roy,
whose expertise in insurance sector investment banking will be of
exceptional value to our clients," said Dychiao. "Insurance is a
critical part of the financial sector, as well as the broader
economy, encompassing several specialty niches that emphasize the
need for expertise. Public and private capital raising, as well as
advisory services, will be more vital than ever for insurance
clients. With the build out of our insurance team, we are
well-positioned to serve existing and new clients while
accelerating the growth of the Financial Institutions Group at
Oppenheimer."
In their new roles, Ms. Fenton and Mr. Roy will provide
financial advisory and execution guidance on corporate transactions
such as surplus note and equity issuances, mergers and
acquisitions, as well as restructurings and special situations.
Ms. Fenton and Mr. Roy most recently worked together as Managing
Directors on the investment banking team at Alantra. Prior to that,
they served as senior leaders in the Corporate Finance division of
PriceWaterhouseCoopers (PwC). Ms. Fenton's past work experience
includes serving as a Managing Director at KPMG Corporate Finance
and a Partner at Cochran, Caronia & Co. Previously in his
career, Mr. Roy was a senior insurance sector professional at AMF
and Marsh & McLennan, and an Executive Director with J.P.
Morgan's Financial Institutions Group within its investment banking
business.
In addition to their significant domestic investment banking
experience, Ms. Fenton and Mr. Roy have also worked extensively on
international and cross-border transactions for companies based in
several countries across Europe
and Asia.
Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc.
(Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc.
(OPY on the New York Stock Exchange), and its affiliates provide a
full range of wealth management, securities brokerage and
investment banking services to high-net-worth individuals,
families, corporate executives, local governments, businesses and
institutions.
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SOURCE Oppenheimer & Co. Inc.