Surat Maheshwari Joins Oppenheimer As Managing Director - Head Of Debt Capital Markets And Syndication

Surat Maheshwari Joins Oppenheimer As Managing Director - Head Of Debt Capital
                           Markets And Syndication

PR Newswire

NEW YORK, Dec. 2, 2013

NEW YORK, Dec. 2, 2013 /PRNewswire/ -- Oppenheimer & Co. Inc., a unit of
Oppenheimer Holdings (NYSE: OPY), is pleased to announce that Surat Maheshwari
has joined the firm as Managing Director – Head of Debt Capital Markets and
Syndication.

Surat, who has over 15 years of experience in the fixed income origination
business, will work out of Oppenheimer's headquarters at 85 Broad Street and
will assume responsibility for the origination and syndication of fixed income
securities. He will report to Robert S. Lowenthal, Senior Managing Director –
Global Head of Fixed Income. Before joining Oppenheimer, he worked for
institutions such as Citigroup, Nomura and Itau in leadership roles,
demonstrating his creativity and versatility on a global level.

Over the years, he has completed a wide variety of debt financing transactions
in the U.S. public and private markets. He is an expert in providing creative
financial solutions for issuers across the globe. He has earned his MBA from
Columbia Business School and his BS in engineering from the Indian Institute
of Technology, New Delhi.

"Surat will initially be focused on debt private placements and bond
origination for Emerging Market issuers. He will also contribute his
experience and skills to our U.S. corporate high-grade and high-yield bonds
and preferreds business," said Mr. Lowenthal.

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer
Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide
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.

SOURCE Oppenheimer & Co. Inc.

Contact: Stefan Prelog, WalekPeppercomm, (212) 931-6139