Oppenheimer & Co. has added two new members to its investment banking team with the hires of David Brown and Robert Cramer. Both Mr. Brown and Mr. Cramer will report to Bruce McCarthy and Marc Thompson, Managing Directors and Co-Heads of Investment Banking.
“We are pleased to recruit such high quality professionals to our firm. Both of these individuals are proven leaders who are well positioned to deliver a full suite of banking products and services to Oppenheimer’s middle market clients,” said Mr. McCarthy.
David Brown joins the firm as Managing Director – Head of Capital Markets Origination and will be based in Oppenheimer’s headquarters in New York. Mr. Brown was previously at Barclays where he served as Managing Director, Investment Banking – Global Finance. At Barclays, Mr. Brown was responsible for advising clients on capital raising, refinancing, capital structure and capital deployment decisions. Prior to Barclays, he spent 11 years at Lehman Brothers, where he worked in both corporate finance and equity capital markets.
Also joining the Investment Banking Division is Robert Cramer, who will serve as Managing Director – Specialty Finance. He will be based at Oppenheimer’s investment banking office in Boston. Mr. Cramer has over 20 years of experience in the specialty finance sector, and comes to Oppenheimer from RBC Capital Markets where he was a Managing Director in the Financial Services Group for the last 12 years. At RBC, he formed and managed a national specialty finance vertical with equity capital markets capabilities including IPOs, follow-ons, convertibles and preferreds, as well as mergers and acquisitions and advisory services.
“We believe this is an opportune time to add highly productive and entrepreneurial senior bankers that can leverage our firm’s capabilities and who will fit well within our platform,” said Mr. Thompson. In recent months, Oppenheimer has also added several other senior bankers including Conrad Vlak in Real Estate, Roderick Moon in Internet/Digital Media, and Arun Master in Healthcare.
Oppenheimer & Co. provide a range of wealth management, securities brokerage and investment banking services to high net worth individuals, families, corporate executives, local governments, businesses and institutions. The firm is headquartered in New York (www.opco.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 5-22-13
