Oppenheimer's Investment Bank Continues Expansion -- Lance Alstodt Named Managing Director - Healthcare
08 October 2009 - 1:01AM
PR Newswire (US)
NEW YORK, Oct. 7 /PRNewswire/ -- Oppenheimer & Co. Inc., a unit
of Oppenheimer Holdings, is pleased to announce that Lance Alstodt
will join the firm as Managing Director in Healthcare in the firm's
burgeoning Investment Banking area. He will report to Brian
McCarthy, Oppenheimer's Head of Healthcare Investment &
Corporate Banking. "Lance is an experienced and very capable senior
banker in the medical technology space. He will be a real driver of
our medical technology effort and is an important addition to the
firm," said Brian McCarthy. Lance joins Oppenheimer from Bank of
America Merrill Lynch, where he worked in both the Global Mergers
& Acquisitions and Global Healthcare Investment Banking Groups,
generating and executing financing and advisory transactions in the
Medical Technology sector. Before moving to Bank of America Merrill
Lynch, Lance had worked in the Global Mergers and Acquisitions
Group at JP Morgan Chase, with a focus on Healthcare. "Medical
technology is an important piece of our Healthcare investment
banking practice and we view Lance as a highly strategic hire and
we're delighted he has joined us," said Marshall Heinberg,
Oppenheimer's Head of Investment & Corporate Banking.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of
Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange),
provides 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. Certain statements in this release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements involve
a number of risks, uncertainties and other factors that could cause
actual results to differ materially, as discussed in the Company's
filings with the Securities and Exchange Commission. DATASOURCE:
Oppenheimer & Co. Inc. CONTACT: Marshall Heinberg,
+1-212-856-6085
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