Oppenheimer Strengthens Global Credit Presence
New European team enhances global client coverage and collaboration, focusing on high yield and distressed assets
Oppenheimer Europe Limited, a subsidiary of Oppenheimer Holdings, a renowned investment bank and wealth management firm (NYSE: OPY), has announced its latest initiative aimed at expanding its European presence. This exciting development involves the recruitment of six senior professionals from Stifel, who will significantly contribute to Oppenheimer's High Yield and Distressed Credit business.
The newly appointed team members are expected to play a critical role in enhancing the firm’s ability to provide exceptional cross-border services to clients globally. Their extensive backgrounds in distressed debt trading, research, and execution will be invaluable as Oppenheimer continues to strengthen its market position.
Introducing the New Team Members
The elite group of professionals being brought on board includes:
- Mike Paget, Managing Director & Head of High Yield and Distressed Sales and Trading
- Michael Levy, Managing Director & Head of High Yield and Distressed Trading
- Marc Magliana, Managing Director & Head of High Yield and Distressed Sales
- Matthew Smith, Managing Director, Loans and Distressed Trading
- Nicolas Bourguignon, Managing Director, Head of High Yield and Distressed Research
- Andrew de Almeida, Executive Director, Business Manager, High Yield and Distressed Fixed Income
Max Lami, CEO of Oppenheimer Europe, expressed his enthusiasm about the new additions, stating, "We are delighted to welcome the team to Oppenheimer. Their expertise and track record in distressed debt trading, research, and execution will be instrumental as we expand in Europe and enhance our ability to serve clients globally. Their arrival integrates Europe into our High Yield, Distressed, and Credit businesses, ensuring institutional clients benefit from top-tier insights and execution on a global stage."
Coordinated Efforts Across Continents
Oppenheimer’s new London team is set to collaborate closely with the firm’s established high-yield teams in the United States, led by industry experts Jay McDermott, Eric Friel, and John Mori. Additionally, the group in Hong Kong, led by Cliff Huang, will ensure seamless connectivity across the U.S., Europe, and Asia, thereby enhancing the delivery of high-yield and distressed credit opportunities to clients around the world.
Peter Albano, Global Head of Fixed Income at Oppenheimer, emphasized the importance of these appointments, stating, "These hires mark a significant milestone in the global build-out of our credit franchise. By linking talent across continents, we are creating a collaborative platform designed to deliver market-leading insights, liquidity, and execution. These appointments reflect Oppenheimer's continued investment in its global fixed income platform and its commitment to providing high-quality research, superior execution, and innovative credit solutions to clients worldwide."
Oppenheimer's Comprehensive Services
Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY), offers a comprehensive suite of wealth management, securities brokerage, and investment banking services. Their clientele includes high-net-worth individuals, families, corporate executives, local governments, businesses, and institutions.
Oppenheimer Europe Limited
Oppenheimer Europe Limited (Oppenheimer) delivers financial services to institutions and corporations across the EMEA region, specializing in corporate finance, equities, fixed income, debt capital markets, and portfolio strategy research.
Oppenheimer Investments Asia Limited
Oppenheimer Investments Asia Limited (Oppenheimer) offers tailored financial services to APAC-based institutions in areas such as equities and fixed income.
Media Contact:
Michael Dugan
Haven Tower Group LLC
424 317 4852
Frequently Asked Questions
What is the focus of Oppenheimer’s new European team?
The new European team focuses on high yield and distressed assets, enhancing coverage and collaboration on a global scale.
Who are the key members of the new team at Oppenheimer?
The key members include Mike Paget, Michael Levy, Marc Magliana, among others, all bringing extensive experience to their roles.
How will the new team benefit clients?
This team will provide enhanced cross-border services and insights into high yield and distressed credit opportunities for clients globally.
What is Oppenheimer’s commitment to research and execution?
Oppenheimer is committed to providing high-quality research, superior execution, and innovative credit solutions across its services.
What services does Oppenheimer provide?
Oppenheimer provides a full range of wealth management, securities brokerage, investment banking, and financial services to various clients.
