Convertible Securities

Contact Information - For Institutional Investors

Abby Drucker
Co-Head of Convertible Securities
Phone: (212) 667-6840
abby.drucker@opco.com

Marc Rice
Co-Head of Convertible Securities
Phone: (212) 667-6840
marc.rice@opco.com

Oppenheimer & Co. Inc.
85 Broad Street
New York, NY 10004

Composition

Oppenheimer's Convertible Securities team is comprised of 10 professionals dedicated to client facilitation, with a focus on mid- to small-cap companies in the convertible marketplace

4 institutional sales people, 4 traders, 1 credit analyst and 1 dedicated originator
1 dedicated retail trader and retail sales person who have access to, and interact regularly with, Oppenheimer's retail brokerage network of over 1,300 Financial Advisors
Recently added a European convertible bond trader and sales person, augmenting our relationships abroad

Experience

Desk heads each have over 20 years of direct experience in the convertible market. Senior sales, trading and credit research professionals each have at least 12 years of experience. The core group has worked together since 1997.
We are consistently ranked among the 10 most active convertible trading desks on Wall Street according to McLagan Partners. Oppenheimer competes with bulge-bracket firms effectively and dominates trading in mid-cap issues across all industries.

Mid- to Small-Cap Focus: Our traders seek to make active markets in the deals we bring to our clients, committing the firm's capital to provide the liquidity they need. Our analysts are committed to providing accurate and up to date information about each of the companies we follow and communicating with management and our client base regularly.

Post-Offering Focus: We have a long-standing relationship with companies and clients. Many times, smaller companies get overlooked by larger brokerage firms. Providing liquidity in smaller deals for mid-sized companies, as well as nurturing these relationships with institutional clients, are crucial parts of our business.

Broad Client Focus: We have a diverse client base of outright convertible accounts, hedge funds, growth and income funds, high yield and bond funds, equity accounts and risk arb/special situation relationships, both in the U.S. and abroad. This allows us to market beyond the traditional buyers of the product, potentially broadening our reach while impacting pricing and improving liquidity.