Oppenheimer Builds Out Healthcare Investment Banking Team To Support Accelerating Growth

Jonathan Fassberg Named Vice Chairman of Healthcare Investment Banking, Brian Korb Joins as Managing Director and Don Ritucci Appointed Head of M&A for Firm’s Healthcare Investment Banking Team

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Oppenheimer & Co. Inc., a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings, announced the continued build-out of its Healthcare leadership team within the firm’s Investment Banking business.  The Healthcare Investment Banking team has added Jonathan Fassberg in the newly created role of Vice Chairman, Brian Korb as Managing Director, and Don Ritucci as Managing Director and Head of Healthcare Mergers and Acquisitions (“M&A”).

The addition of these new senior executives reflects Oppenheimer’s continued leadership in aligning M&A, capital raising and other investment banking services across the healthcare space, as well as the firm’s commitment to continuously enhance its capabilities in this large and fast-growing sector.

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Mr. Fassberg, and Mr. Korb will be based in New York and will report to Michael A. Margolis, R.Ph., Co-Head of Healthcare Investment Banking.  Don Ritucci, also based in New York, will report to Robert Lowenthal, Head of Investment Banking.

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Mr. Fassberg said, “I am excited to help drive the next stage of growth and success for Oppenheimer’s Healthcare Investment Banking group.  There has never been a better moment to enhance Oppenheimer’s position as the clear investment bank of choice for healthcare, biotech, and life sciences firms.  The opportunities emerging in this space have never been greater for firms like Oppenheimer that have a proven ability to serve healthcare businesses seeking to expand via M&A and capital raising transactions that are thoughtfully structured and flawlessly executed.”

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