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Originally created as Oppenheimer & Company and named for German-American investment broker Max E. Oppenheimer (c. 1899–1964), a Jewish refugee from the Nazis who advised the Synagogue Council of America and worked at a New Hampshire real estate firm, a Bay Area savings and loan association, and Lehman Brothers, [3] Oppenheimer Holdings was founded in 1950 when a partnership was created to ...
J. Robert Oppenheimer (born Julius Robert Oppenheimer; / ˈ ɒ p ən h aɪ m ər / OP-ən-hy-mər; April 22, 1904 – February 18, 1967) was an American theoretical physicist who served as the director of the Manhattan Project's Los Alamos Laboratory during World War II.
The company was founded in 1959. [1] In 1987, British and Commonwealth Holdings acquired Mercantile House and gained control of OppenheimerFunds. [3] OppenheimerFunds was acquired by Massachusetts Mutual Life Insurance Company in 1990 [4] for $150 million.
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Whitney returned to Oppenheimer in 2004, where she researched banks and brokers as a managing director. She resigned from Oppenheimer on February 19, 2009, to establish her own firm, Meredith Whitney Advisory Group (MWAG), where she produced company-specific equity research on financial institutions and analyzed the sector's operating environment.
He became Oppenheimer's Chairman and CEO in 1983. [5] In 1986, Robert and Nathan Gantcher, Oppenheimer's president, led a management group that purchased an 82% interest in the company from its parent Mercantile House Holdings. [2] [13] The buyout returned Oppenheimer to private ownership, and Robert became the company's principal owner.
Nash joined Oppenheimer & Company in 1951 and became its president in 1974. He was elected chairman in 1979. He was elected chairman in 1979. In 1982, he and business partner Leon Levy sold the company for $163 million, investing $50 million to start the hedge fund , Odyssey Partners.
If you want to know who really controls Oppenheimer Holdings Inc. ( NYSE:OPY ), then you'll have to look at the makeup...