Oppenheimer is set to acquire a San Francisco-based investment bank, Brandis Tallman, making them one of the top underwriters and private placement agents of California municipal bonds.
“Issuers are increasingly looking for executable solutions to the fiscal challenges brought about by the economic shutdown. We have been developing a team of senior bankers with strong credit expertise and deep sector knowledge, and we expect that issuers will increasingly demand high caliber coverage from their investment bankers.”
Bill Reisner, Oppenheimer’s head of Public Finance
The co-founders of Brandis Tallman will join Oppenheimer as managing directors and will lead their existing team out of San Francisco and Los Angeles.