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Oppenheimer Announces Expansion of Emerging Markets Desk

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Oppenheimer Holdings (NYSE: OPY) announced the expansion of its Fixed Income Division with three new Managing Directors joining the Emerging Markets Desk in New York. The strategic hires include Persio 'Tony' Perez as EM Sales Manager, Michael Chatman for EM Sales, and Bill Dolan for EM Sovereign Trading.

The new team members bring significant experience: Perez with nearly 30 years, previously at BCP Securities and Merrill Lynch; Chatman with over 25 years, formerly at BCP Securities and BNP Paribas; and Dolan with almost 40 years, previously at Salomon Brothers and Citigroup. These appointments strengthen Oppenheimer's capabilities in emerging markets sales, trading, and research solutions.

Oppenheimer Holdings (NYSE: OPY) ha annunciato l'espansione della sua Divisione Fixed Income con l'arrivo di tre nuovi Managing Director nel desk dei Mercati Emergenti a New York. Le assunzioni strategiche includono Persio 'Tony' Perez come Responsabile delle Vendite EM, Michael Chatman per le Vendite EM, e Bill Dolan per il Trading Sovrano EM.

I nuovi membri del team portano con sé una significativa esperienza: Perez con quasi 30 anni, precedentemente presso BCP Securities e Merrill Lynch; Chatman con oltre 25 anni, in passato in BCP Securities e BNP Paribas; e Dolan con quasi 40 anni, precedentemente presso Salomon Brothers e Citigroup. Queste nomine rafforzano le capacità di Oppenheimer nelle vendite, nel trading e nelle soluzioni di ricerca nei mercati emergenti.

Oppenheimer Holdings (NYSE: OPY) anunció la expansión de su División de Renta Fija con la incorporación de tres nuevos Directores Generales al escritorio de Mercados Emergentes en Nueva York. Las contrataciones estratégicas incluyen a Persio 'Tony' Perez como Gerente de Ventas EM, Michael Chatman para Ventas EM, y Bill Dolan para Trading Soberano EM.

Los nuevos miembros del equipo aportan una gran experiencia: Perez con casi 30 años, anteriormente en BCP Securities y Merrill Lynch; Chatman con más de 25 años, anteriormente en BCP Securities y BNP Paribas; y Dolan con casi 40 años, anteriormente en Salomon Brothers y Citigroup. Estos nombramientos fortalecen las capacidades de Oppenheimer en ventas, trading y soluciones de investigación en mercados emergentes.

오펜하이머 홀딩스 (NYSE: OPY)가 뉴욕의 신흥 시장 데스크에 세 명의 새로운 매니징 디렉터를 영입하여 고정 수입 부문을 확장한다고 발표했습니다. 전략적 채용으로는 Persio 'Tony' Perez가 EM 판매 관리자, Michael Chatman이 EM 판매 담당, Bill Dolan이 EM 주권 거래 담당으로 합류했습니다.

새로운 팀원들은 상당한 경험을 보유하고 있습니다: Perez는 거의 30년의 경력을 가지고 있으며, 이전에 BCP 증권과 메릴 린치에서 근무했습니다; Chatman은 25년 이상의 경력을 가지고 있으며, 이전에 BCP 증권과 BNP 파리바에서 근무했습니다; 그리고 Dolan은 거의 40년의 경력을 가지고 있으며, 이전에 솔로몬 브라더스와 시티그룹에서 근무했습니다. 이러한 임명은 오펜하이머의 신흥 시장 판매, 거래 및 연구 솔루션의 역량을 강화합니다.

Oppenheimer Holdings (NYSE: OPY) a annoncé l'expansion de sa Division de Revenu Fixe avec l'arrivée de trois nouveaux Directeurs Généraux au Bureau des Marchés Émergents à New York. Les recrutements stratégiques comprennent Persio 'Tony' Perez en tant que Responsable des Ventes EM, Michael Chatman pour les Ventes EM, et Bill Dolan pour le Trading Souverain EM.

Les nouveaux membres de l'équipe apportent une expérience significative : Perez avec près de 30 ans, auparavant chez BCP Securities et Merrill Lynch ; Chatman avec plus de 25 ans, anciennement chez BCP Securities et BNP Paribas ; et Dolan avec près de 40 ans, auparavant chez Salomon Brothers et Citigroup. Ces nominations renforcent les capacités d'Oppenheimer dans les ventes, le trading et les solutions de recherche sur les marchés émergents.

Oppenheimer Holdings (NYSE: OPY) hat die Erweiterung seiner Fixed-Income-Division bekannt gegeben, indem drei neue Managing Directors für das Emerging Markets Desk in New York eingestellt wurden. Zu den strategischen Einstellungen gehören Persio 'Tony' Perez als EM-Verkaufsleiter, Michael Chatman für EM-Verkäufe und Bill Dolan für EM-Staatsanleihenhandel.

Die neuen Teammitglieder bringen umfangreiche Erfahrungen mit: Perez mit fast 30 Jahren, zuvor bei BCP Securities und Merrill Lynch; Chatman mit über 25 Jahren, ehemalig bei BCP Securities und BNP Paribas; und Dolan mit fast 40 Jahren, vormals bei Salomon Brothers und Citigroup. Diese Ernennungen stärken die Fähigkeiten von Oppenheimer im Verkauf, Handel und in Forschungsleistungen im Bereich der Schwellenmärkte.

Positive
  • Strategic expansion of Fixed Income Division with three experienced Managing Directors
  • Enhancement of emerging markets capabilities in sales, trading, and research
  • Addition of senior executives with extensive industry experience (25-40 years) and established client relationships
Negative
  • None.

Insights

The expansion of Oppenheimer's Emerging Markets Desk represents a strategic move to strengthen their fixed income capabilities, but its immediate financial impact appears While the addition of three seasoned professionals with 25-40 years of experience each enhances their service offerings, the revenue potential will take time to materialize. The focus on emerging markets is timely given the growing interest in these regions, particularly in Latin American sovereign debt trading. The collective expertise in sales, trading and relationship management could help capture market share in the competitive fixed income space, though the investment required for these senior hires may pressure near-term margins. The move aligns with Oppenheimer's broader strategy to expand its fixed income division but is more about long-term positioning than immediate financial returns.

Strategic Recruitments of Persio 'Tony' Perez, Michael Chatman and Bill Dolan as Managing Directors Builds on Growth Momentum of Fixed Income Team

Senior-Level Hires Enhance Oppenheimer's Capabilities in Emerging Markets Sales, Trading and Research Solutions

NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today the continued expansion of its Fixed Income Division with the addition of three new Managing Directors to the Emerging Markets Desk in New York. Joining the firm are Persio "Tony" Perez, EM Sales Manager; Michael Chatman, EM Sales; and Bill Dolan, EM Sovereign Trading.

"I am thrilled to welcome Tony, Mike and Bill to our Emerging Markets team," said Peter Albano, Senior Managing Director and Global Head of Fixed Income at Oppenheimer. "These strategic recruitments demonstrate Oppenheimer's commitment to further enhancing our deep sales relationships, experienced trading capabilities and unparalleled research product in emerging markets."

The new members of the team collectively bring long-term relationships, the ability to evaluate relative value across emerging markets products and a deep understanding of the asset class, as well as the needs of the clients who invest in it.

Perez has nearly 30 years of experience. Most recently, he was a Partner at BCP Securities and served in the same role at Barclay Investments. He began his career in emerging markets at Merrill Lynch, where he became a Managing Director. During his time in emerging markets fixed income, Perez has worked in sales covering hedge funds and asset managers in the U.S., Latin America and Europe.

Chatman has more than 25 years of experience. Most recently, he was a Director, Emerging Markets Credit Sales at BCP Securities. Previously, Chatman held director and credit sales positions at both Barclay Investments and BNP Paribas. Chatman's background includes trading and sales across U.S. investment grade, crossover, high-yield and emerging market debt.

Dolan has nearly 40 years of experience. He started his career at Salomon Brothers and then continued with Citigroup after it acquired the firm. He has extensive expertise in emerging markets trading and also comes to the firm from BCP Securities, where he most recently served as senior Latin American sovereign trader.

The hires build on the steady expansion of Oppenheimer's Fixed Income Division and continued commitment to global emerging markets.

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.

Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com

Cision View original content:https://www.prnewswire.com/news-releases/oppenheimer-announces-expansion-of-emerging-markets-desk-302333067.html

SOURCE Oppenheimer & Co. Inc.

FAQ

Who are the new Managing Directors joining Oppenheimer's (OPY) Emerging Markets Desk?

Oppenheimer hired three Managing Directors: Persio 'Tony' Perez as EM Sales Manager, Michael Chatman for EM Sales, and Bill Dolan for EM Sovereign Trading.

What experience do the new Oppenheimer (OPY) Emerging Markets hires bring?

The new hires bring extensive experience: Tony Perez has nearly 30 years, Michael Chatman has over 25 years, and Bill Dolan has almost 40 years of industry experience.

How will these new hires impact Oppenheimer's (OPY) Fixed Income Division?

The hires will enhance Oppenheimer's capabilities in emerging markets sales, trading, and research solutions, while bringing long-term relationships and deep understanding of the asset class.

What is the strategic significance of OPY's Emerging Markets Desk expansion?

The expansion demonstrates Oppenheimer's commitment to enhancing its sales relationships, trading capabilities, and research product in emerging markets, building on the growth momentum of its Fixed Income team.

Oppenheimer Holdings, Inc.

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