Oppenheimer & Co has hired Perren Thomas, Dennis Megley and Mike Henneberry onto its investment grade (IG) desk. Each will serve as managing directors on the IG sales team in New York and report to Katie Lucas, managing director, and head of investment grade sales.
Lucas said, “The US investment grade corporate bond market is a large, robust and highly liquid space in which Oppenheimer has substantial opportunity to further increase market share. Bringing on tenured individuals like Perren, Dennis and Mike, accelerates our progress toward achieving that goal.” These IG sales hires follow the recruitments of Si Lund (high yield sales), John Covello (investment grade trading), Chris O’Connor (debt syndicate), Peter Overton (short-term trading), Ed Murphy (municipal bond trading), Jose Puell (emerging markets sales) and Russ Mueller (structured product trading). Each of these professionals have joined the team within the last 24 months. As part of the firm’s effort to cultivate the industry’s next generation of talent, Oppenheimer also has hired numerous junior-level members to the fixed income group during the same period to work side-by-side with their more experienced colleagues.
Peter Albano, global head of fixed income at Oppenheimer, said, “We are delighted to welcome Perren, Dennis and Mike to the team. The depth of product expertise and extensive industry relationships that each bring to the table will not only add significant value to our IG desk but also complement our other fixed income capabilities. It’s notable that even as the industry becomes increasingly digitised, Oppenheimer continues to steadily hire top talent with long-standing client relationships, who in turn attract other accomplished professionals to our firm. This positive reinforcement loop has been a significant contributor to building a strong corporate culture and has enabled a deliberate and targeted expansion of our global fixed income franchise.”
Thomas joins Oppenheimer with nearly two decades of experience in fixed income sales. Most recently, he served as a senior vice president at D.A. Davidson, where he built out the investment grade sales and trading businesses. Previously, he served as a senior vice president at First Horizon Capital Markets, selling fixed income products to institutional accounts. He began his career at Goldman Sachs after graduating from Boston College.
Megley joins Oppenheimer with over 35 years of experience as an institutional credit salesperson. Most recently he served as a managing director at Cantor Fitzgerald. Before that, he spent 13 years at Bear Stearns where he was a senior managing director, after starting his career with Kidder, Peabody & Co. and UBS. He graduated from Colgate University and earned his MBA at New York University. Henneberry is also a longtime investment grade sales veteran, having spent more than 30 years in the industry. Most recently, he served as managing director at B. Riley Financial. Henneberry has built out and strengthened the sales desks at Cohen & Co., BBVA, Raymond James and Fifth Third Bank. He began his career at Bear Stearns and has an MBA from Carnegie Mellon University.
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