Daily News: May 18, 2012

NeJame Joins Oppenheimer as Head of Restructuring & Special Situations

Oppenheimer announced Richard NeJame has joined the firm as a managing director and head of Restructuring & Special Situations Advisory, in the Investment Banking Department. NeJame will work out of Oppenheimer’s global headquarters in New York City and report to Marshall Heinberg, who heads Oppenheimer’s Investment and Corporate Banking operations.

“I am very pleased that Rich has come on board to help expand our investment bank’s capabilities,” said Marshall Heinberg.

NeJame joins Oppenheimer from Gleacher & Company where he was a managing director, co-head of Restructuring & Recapitalization Group from 2008 – 2011 and was responsible for new business origination of restructuring and leveraged finance transactions. He was a founding member of the Restructuring Group at Lazard Freres for nearly a decade where he was a senior investment banker responsible for new business origination, financial advisory and negotiations in restructurings, M&A, leveraged finance and other strategic transactions. Prior to working at Gleacher, NeJame was also a managing director at Imperial Capital.

At Oppenheimer, he will continue his focus on Restructuring.

“Richard’s impressive track record in new business origination, restructuring and reorganization, plus his strong technical background, make him a valuable member of our investment banking team,” said Heinberg.

“Oppenheimer represents a unique, independent platform for advising both issuers and institutions in leveraged and distressed situations. I look forward to working with my new colleagues in banking and capital markets in bringing strategic advice and creative solutions to our clients,” said NeJame.