Bruce Buchanan joined Oppenheimer as head of Restructuring and Special Situations. Buchanan will be based in New York and report directly to Robert Lowenthal, head of U.S. Investment Banking.
Buchanan’s extensive restructuring and capital markets expertise in both debt and equity securities is an important and complementary capability within the expanding Investment Banking team. He will be responsible for providing innovative capital raising and strategic advisory services to the firm’s clients and work closely with financial sponsors and other stakeholders on complex recapitalizations across a broad spectrum of industries and products in both the public and private markets.
“Our Restructuring and Special Situations Group is a distinguished offering that provides a wide variety of strategic and tactical services utilizing the considerable institutional knowledge and technical expertise of our team,” said Lowenthal. “Bruce has incredible experience with advising and assisting corporate clients on strategic alternatives, distressed capital structure solutions, and liability management services.”
Prior to joining Oppenheimer, Buchanan was the head of Debt Capital Advisory for PwC Corporate Finance, where he developed and led the strategic corporate finance and debt capital advisory platform. He was previously head of Strategic Finance and Restructuring at Morgan Stanley and Bank of America Merrill Lynch and head of Strategic Finance and Global Restructuring Group Team Leader at RBS Securities.