Oppenheimer hires capital-raising veteran to focus on fintech investing

Oppenheimer hires capital-raising veteran to focus on fintech investing
The firm has appointed a head of financial technology investment banking to lead investment and financial advisory for the growing industry.
JUL 27, 2023

Oppenheimer has bolstered its focus on the fast-growing financial technology industry with the additional of an industry veteran to its leadership team.

Sean Minnihan has been hired as a managing director and head of Financial Technology Investment Banking.

It’s part of the investment bank and wealth manager’s commitment to the technology industry and leverages Minnihan’s 25 years of experience in the fintech industry, which includes some huge global deals such as Rev Worldwide's $1 billion acquisition of NetSpend and Concord EFS' $7 billion sale to First Data. 

"Given the current disruption in the public and private capital raising markets, financial technology companies are in need of trusted strategic and financial advice more than ever," said Minnihan.

NEXT-GEN FINANCIAL SERVICES

Minnihan’s addition to the firm's Global Technology Investment Banking team in New York reflects a key focus on advising the emerging and disruptive technology companies that are addressing the next generation needs of the financial services industry. 

"Fintech companies are among the most innovative, dynamic and disruptive, bringing sweeping changes and efficiencies to the financial services sector across payments, banking, wealth management and insurance," said Robin Graham, head of Technology Investment Banking. "Oppenheimer's continued investment in areas of significant new company formation such as fintech demonstrates our commitment to connecting the emerging cohorts of value-creating private companies to the highest quality sources of growth capital as well as to larger strategic partners.” 

Latest News

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

Trump executive order set to ease path for private assets in 401(k)s, but hurdles remain
Trump executive order set to ease path for private assets in 401(k)s, but hurdles remain

A new PitchBook analysis unpacks sticking points relating to liquidity, costs, and litigation risk for would-be investors and plan sponsors.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

Vestmark, BlackRock, iCapital, and Dynasty forge four-way private market partnership
Vestmark, BlackRock, iCapital, and Dynasty forge four-way private market partnership

The collaboration will give RIAs yet another access point into the alternatives space through a new unified managed account capability.

DeVoe: Record-breaking RIA M&A run led by private equity's consolidator comeback
DeVoe: Record-breaking RIA M&A run led by private equity's consolidator comeback

A drop in interest rates and easier access to capital has reignited appetite among private equity-backed consolidators, who accounted for 53% of RIA deals so far this year- their highest share since 2021 according to DeVoe & Company.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.