Bill GlavinChief Executive Officer
William (Bill) Glavin was appointed Chief Executive Officer of OppenheimerFunds, Inc., one of the nation’s most respected asset management companies, on January 1, 2009.
Prior to joining OppenheimerFunds, Mr. Glavin was Executive Vice President and co-Chief Operating Officer of MassMutual Financial Group, also serving as the head of MassMutual’s U.S. Insurance Group, which included the distribution, marketing, product management, finance, compliance, systems applications and operations for all of MassMutual’s insurance products sold in the U.S. – Life Insurance (individual and group), Disability Income and Long Term Care. Additionally, he had responsibility for MML Investor Services Inc. (the broker-dealer) and the MassMutual Trust Company.
Before joining MassMutual, Mr. Glavin was the President and Chief Executive Officer of Babson Capital Management, which he joined in 2003, and was responsible for building and developing Babson Capital’s distribution, compliance, operations, systems and finance areas. Prior to that, Mr. Glavin was President of the Scudder Funds. In addition, he has held various senior management positions in sales and marketing at The Dreyfus Corporation, The Boston Company, State Street Bank and Trust Company and Proctor & Gamble.
In all, Mr. Glavin has over 25 years experience in sales, marketing and operations management, with an emphasis on strategic planning and change management. He holds a B.A. from the College of the Holy Cross.
Jerry WebmanChief Economist
Dr. Jerry Webman is a Senior Investment Officer and Chief Economist for OppenheimerFunds. In this capacity, Dr. Webman provides strategic viewpoints on the overall financial and economic markets to investment management and the financial advisor and investor communities. Previously, he also served as Director of Fixed Income, where he oversaw portfolio managers, analysts and traders managing fixed income assets.
For over 25 years, Dr. Webman has been involved in the investment and economic markets — as a researcher, a financial advisor and a portfolio manager. Prior to joining OppenheimerFunds in 1996, Dr. Webman was managing director and chief investment strategist at Prudential Mutual Funds, where he had been since 1986. Before Prudential, he specialized in municipal housing finance with a public finance advisory firm. Dr. Webman began his municipal finance career at Merrill Lynch Capital Markets in the municipal research department. Previously, he was an assistant professor of politics and public affairs at the Woodrow Wilson School of International Affairs at Princeton University. Dr. Webman is frequently quoted discussing his views on the economy and markets in leading media outlets including The Wall Street Journal, The New York Times, Washington Post and CNBC.
Dr. Webman holds a B.A. in Political Science, with Honors, from the University of Chicago, where he graduated Phi Beta Kappa, and a Ph.D. in Political Science from Yale University. He is also a Chartered Financial Analyst.
Art SteinmetzPresident and Chief Investment Officer
Art Steinmetz is President and Chief Investment Officer at OppenheimerFunds. He oversees all equity and fixed income investment capabilities including investment strategy, strategic planning and personnel. Additionally, Mr. Steinmetz serves as co-manager of Oppenheimer International Bond Fund, Oppenheimer Global Strategic Income Fund, Oppenheimer Global Allocation Fund, and Oppenheimer Portfolio Series: Fixed Income Active Allocation Fund.
Previously, Mr. Steinmetz was head of OppenheimerFunds’ High Yield team, and co-manager of Oppenheimer High Yield Fund and Oppenheimer Champion Income Fund. Additionally, from 1987 to 1994, he served as Portfolio Manager for two of Oppenheimer’s U.S. government securities funds.
Prior to joining OppenheimerFunds in 1986, Mr. Steinmetz was an Analyst with PaineWebber where his responsibilities dealt with derivative securities. Mr. Steinmetz was instrumental in pioneering the strategic investing concept, an investment approach that combines the three key sectors of the bond market–high yield corporate bonds, U.S. government and agency bonds and foreign fixed-income securities–in a diversified portfolio. Following Oppenheimer’s lead, several mutual fund companies now offer similar strategic income funds.
Mr. Steinmetz received an M.B.A. in Finance from Columbia University and a B.A. in Russian Language and Slavic Studies from Denison University. He also served in the U.S. Air Force.
Mr. Steinmetz has appeared frequently on CNBC and has been featured in numerous publications including Barron’s, SmartMoney, Investor’s Business Daily and The Wall Street Journal.
George EvansCIO Equities
George Evans oversees both the U.S. and international equities teams and is the portfolio manager of Oppenheimer International Growth Fund, Oppenheimer International Diversified Fund and co-portfolio manager of Oppenheimer Global Allocation Fund.
Before joining the company in 1990, George served for three years as a securities analyst and portfolio manager in the International Equities department at Brown Brothers Harriman & Company.
George earned his B.A. and M.A. degrees in geography from Oxford University and an M.B.A. from the Wharton School of the University of Pennsylvania.
Krishna MemaniCIO Fixed Income
Krishna Memani heads the company’s investment-grade fixed income funds and oversees a team of 10 fixed income investment professionals including a co-portfolio manager, four credit analysts, two securitized product analysts, two traders and a quantitative analyst.
Krishna manages Oppenheimer Core Bond Fund, Oppenheimer Core Bond/Variable Annuity, Oppenheimer Balanced Fund/Variable Annuity, Oppenheimer Global Strategic Income Fund, Oppenheimer Global Allocation Fund, Oppenheimer Limited-Term Government Fund, Oppenheimer U.S. Government Trust, Oppenheimer Portfolio Series: Active Allocation Fund, Oppenheimer Portfolio Series: Conservative Investor Fund, Oppenheimer Portfolio Series: Moderate Investor Fund, Oppenheimer Corporate Bond Fund, and Oppenheimer Capital Income Fund.
Before he joined the company in 2009, he was a managing director at Deutsche Bank, heading U.S. and European credit analysis. Earlier, he headed global credit research at Credit Suisse; was in charge of high grade and high yield portfolios at Putnam Investments; and was a credit analyst at Morgan Stanley, heading U.S. fixed income strategy and mortgage research.
Krishna earned a Bachelor of Engineering from Birla Institute of Technology and Science in India and graduated from the University of Florida with an M.B.A. in finance and an M.A. in economics with a focus on econometrics.
Mark HamiltonCIO Asset Allocation
Mark Hamilton leads the Firm’s efforts in designing and implementing multi-asset products and solutions. Mark is the lead portfolio manager of Oppenheimer Global Allocation Fund, and his team manages Oppenheimer Global Multi Strategies Fund and Oppenheimer Portfolio Series Funds.
Mark joined the firm in 2013 from AllianceBernstein, L.P., where he held various roles throughout his 19-year tenure. Most recently, he was Investment Director on the Dynamic Asset Allocation portfolio management team. His responsibilities included managing investments in the global equity, bond, credit, current and real asset sectors, and directing the design, development and implementation of dynamic asset allocation strategies for institutional, sub-advisory, retail and private client channels. He previously served as Head of the North American Blend team, Director of Fixed Income Plus Strategies, and Co-Head of the UK and European Fixed Income team.
Mark holds an M.S. in finance and applied economics from the Sloan School of Management at the Massachusetts Institute of Technology, and a B.A. in international relations and political science from the University of Southern California.
Brian LevittSenior Economist
Brian Levitt is the Corporate Economist at OppenheimerFunds, Inc. He is responsible for the development and communication of the firm’s economic outlooks and insights. Mr. Levitt also serves on the firm’s New Product Development Committee.
Mr. Levitt has over a decade of investment experience working in the mutual fund business. He began his OppenheimerFunds career in April 2000, and was named Corporate Economist in the fall of 2005. Prior to his career at OppenheimerFunds, Mr. Levitt worked at Morgan Stanley Dean Witter.
Mr. Levitt holds a B.A. in Economics from the University of Michigan and an M.B.A. with honors in Finance and International Business from Fordham University in New York City. He is frequently quoted in the press including the Associated Press, BusinessWeek and the Wall Street Journal. He appears regularly on CNBC, Fox Business News and PBS’ Nightly Business Report.
Sara J. ZervosPortfolio Manager, Global Debt
Sara J. Zervos is a Senior Vice President and Portfolio Manager of Oppenheimer International Bond Fund, Oppenheimer Emerging Markets Debt Fund, and Oppenheimer Global Strategic Income Fund. Additionally, Ms. Zervos is the Head of the Global Debt Team and the team’s Director of International Research.
Prior to joining OppenheimerFunds in 2008, Ms. Zervos was a Portfolio Manager with Sailfish Capital Management where she co-managed an emerging market strategy. Before Sailfish, she was a Portfolio Manager for emerging market local debt strategies at Dillon Read Capital Management and OTA Asset Management.
Earlier in her career, Ms. Zervos worked as a Senior Financial Economist for Financial Policy and Operations at the World Bank, working on development issues in emerging capital markets. Before working at the World Bank, she served as Head of Emerging Market Fixed Income Strategy at both West LB Global Financial Markets and Barclays Capital in London.
Ms. Zervos served as a finance professor at Brunel University in England and has published her work in academic and development journals.
Ms. Zervos received a Ph.D. and M.A. in Economics from the University of Rochester, specializing in International Economics and Finance, and a B.A. in Economics from Arizona State University.
Alessio de LongisPortfolio Manager, Global Debt
Alessio de Longis joined OppenheimerFunds in February 2004. He is a Vice President and Portfolio Manager of the Oppenheimer Currency Opportunities Fund, and serves as the Quantitative FX Strategist for the Global Debt team.
He is primarily responsible for fundamental quantitative research and the development of systematic macro trading strategies in fixed income and foreign exchange markets. He has developed a large set of proprietary econometric models for valuation and forecasting of currencies and global interest rate markets. He is a published author in “Foreign Exchange: A Practitioner’s Approach to the Markets,” RiskBooks Incisive Media, contributing with a chapter on systematic macro currency investing. Alessio received an MSc in Financial Economics and Econometrics from the University of Essex, UK, and a B.A. and M.A. summa cum laude in Economics from the University of Rome “Tor Vergata,” Italy. He has also earned the Chartered Financial Analyst designation.
Justin LeverenzDirector of Emerging Market Equities
Justin Leverenz is responsible for the Emerging Markets Equity strategy and is portfolio manager of Oppenheimer Developing Markets Fund.
Mr. Leverenz joined OppenheimerFunds in July 2004 as a senior analyst, supporting the portfolio manager of Oppenheimer Global Fund and related products as a generalist business analyst. He has managed the Developing Markets Fund since May 2007.
Prior to joining OppenheimerFunds, Mr. Leverenz was the Director of Pan-Asian Technology Research for Goldman Sachs in Asia, where he covered technology companies throughout the region. He also served as Head of Equity Research in Taiwan for Barclays de Zoete Wedd (now Credit Suisse) and as a portfolio manager for Martin Currie Investment Managers in Scotland.
Mr. Leverenz holds an M.A. in international economics and a B.A. in Chinese studies and political economy from the University of California, San Diego. He is a CFA® charterholder, fluent in Mandarin Chinese, and lived and worked for over 10 years in the Greater China region.
Hemant BaijalPortfolio Manager, Global Debt
Hemant Baijal is a Vice President and Portfolio Manager at OppenheimerFunds. Mr. Baijal focuses on the developed markets across all products for the Global Debt team.
Prior to joining OppenheimerFunds, Mr. Baijal co-founded Six Seasons Global Asset Management where he served as Partner and Portfolio Manager with a focus on fixed income macro strategies. Before his role at Six Seasons, he was a Partner and Portfolio Manager at Aravali Partners, LLC where he focused on absolute return and interest rate hedging strategies. Previously, Mr. Baijal was a Partner and Portfolio Manager at Havell Capital Management, LLC where he focused on fixed income macro and relative value fixed income strategies. Earlier in his career, Mr. Baijal was a Senior Portfolio Manager for international, global and multi-sector fixed income portfolios at Neuberger Berman. Mr. Baijal has also held positions at Banca Di Roma, The First Boston Corporation and Merrill Lynch and Co.
Mr. Baijal received his B.A. from the University of Delhi and M.B.A. from Columbia University.
Wendy LeeClient Portfolio Manager, Equities
Wendy Lee serves as a senior client portfolio manager for the Value Equity Team and Main Street Equity Team. In this capacity, she is responsible for articulating the investment philosophy, process, strategy and performance on behalf of both investment teams. Prior to joining OppenheimerFunds, Inc. in April 2011, Wendy worked at American National Bank, Brinson Partners as well as Equinox Capital where she served in various roles, including Director of Research, Portfolio Manager and CEO. Most recently Wendy was the founding partner of FarView Capital Advisors. Wendy received her MBA with honors for highest achievement in Finance and Accounting from the University of Chicago. She was graduated Summa cum laude, Phi Beta Kappa from Rutgers College and received an AB with highest departmental distinction in Economics. She has earned the Chartered Financial Analyst designation.
Kathleen BeichertDirector of Retirement Marketing
Kathleen Beichert is a Senior Vice President and Director of Retirement Marketing. She is responsible for product development and management, marketing and sales support for the firm’s $60+ billion retirement business, including DCIO, 403(b) and small business retirement plans, and individual retirement and retirement income products and programs.
She joined OppenheimerFunds in 1995 after four years at Smith Barney, where she developed the firm’s retirement plan products, marketing and participant communications programs.
She has served as a New York State delegate to the White House Conference on the Aging and is active in several retirement policy forums.
Ms. Beichert is a graduate of New York University’s Stern School of Business with a B.S. in Quantitative Analysis and Management and holds the Accredited Investment Fiduciary designation.
Michael QuinnClient Portfolio Manager, Equities
Michael Quinn is a Vice President and Director of Investment Brand Management for the Global Equity Team at OppenheimerFunds. Mr. Quinn is responsible for all marketing and is an external spokesperson for the group to retail and institutional clients. The Global Equity Team manages assets for investors worldwide and is recognized for superior long term performance and a commitment to style consistency. Over his tenure at OppenheimerFunds, he has held a variety of positions working with both fixed income and equity investors.
Prior to joining OppenheimerFunds, Mr. Quinn held a variety of positions in marketing and sales at Van Kampen Funds, including stints as a product manager and regional wholesaler.
He holds a B.S. from the University of Dayton.
Kamal BhatiaProduct Director, Fixed Income
Kamal Bhatia is a Senior Vice President and Product Director for the taxable fixed income and alternatives team at OppenheimerFunds. His group is responsible for managing the product
development and management and client portfolio management efforts for the global fixed
income, alternative strategies and multi-asset funds.
Prior to joining OppenheimerFunds in September 2011, Mr. Bhatia served as Managing Director
for investment products in the real assets and socially responsible investments space at TIAACREF.
Previously, he served as First Vice President for Mellon Institutional Asset Management
holding various roles in investment analytics, corporate strategy and product development. He
started his career with the Global Corporate and Investment Banking Group at Citigroup where
he last held the position of Vice President, Client Servicing with the Global Commercial Credit
Mr. Bhatia holds a B.Tech. from the Indian Institute of Technology, Kanpur (India) and a M.S.
from Washington University in St. Louis as a Sever Fellowship Scholar. He serves on the board
of a local not-for-profit “Big Apple Greeter” in New York City.
Brian WatsonPortfolio Manager
Brian Watson serves as a portfolio manager and Director of MLP Research of Oppenheimer SteelPath MLP Funds.
Prior to joining the Firm in 2012, Brian was a portfolio manager at SteelPath, an energy infrastructure investment company focused on the Master Limited Partnership (MLP) sector. Prior to SteelPath, he was a portfolio manager and led the MLP research effort at Swank Capital LLC, in Dallas, TX. He also covered the MLP and diversified energy sectors for RBC Capital Markets in the firm’s Equity Research Division. Prior to this, Brian worked for Prudential Capital Group, helping to analyze, structure, and invest in debt private placements issued primarily by companies in the energy industry including those involved in oil field services, midstream services, and oil and gas exploration and production.
Brian earned his B.B.A. from the University of Texas at Austin and his M.B.A. from the McCombs School of Business at the University of Texas at Austin. He is a CFA® charterholder.
Caleb WongPortfolio Manager, Multi Asset Solutions
Caleb Wong is Portfolio Manager for the Oppenheimer Active Allocation Fund, an asset allocation fund that is part of the Oppenheimer Portfolio Series, and the Absolute Return Fund, a quantitative, multi-strategy market-neutral fund. In addition, Mr. Wong is the Chief Quantitative Investment Strategist for OppenheimerFunds’ Fixed Income department, responsible for the assets managed quantitatively across a number of Oppenheimer fixed income products, including the Strategic Income Fund and International Bond Fund.
Mr. Wong joined OppenheimerFunds in 1996 as Senior Quantitative Analyst. He was Director of Quantitative Research between 1997 and 1999 and was primarily responsible for risk management and performance measurement for the investment departments. He previously held a financial analyst position at Merrill Lynch Capital Markets Group.
Mr. Wong was a doctoral candidate in Economics at the University of Chicago. He holds a M.A. in Economics from the University of Chicago and a B.S. in Computer Science, as well as a B.S. in Management from the Massachusetts Institute of Technology.
David WharmbyPortfolio Manager, Real Estate Securities
David Wharmby serves as portfolio manager of Oppenheimer Real Estate Fund and Oppenheimer Global Real Estate Fund. David is also the Managing Director of Cornerstone Real Estate Advisers’ Real Estate Securities Group.
David began his career at Cornerstone Real Estate Advisers in 1996, serving in acquisition underwriting and asset management roles. Previously, he was Assistant Vice President at L.W. Ellwood & Co./Coopers & Lybrand, responsible for managing due diligence and valuation services for institutional investors. Before that, he was a real estate appraiser with Heberger and Associates.
David received his B.S. in real estate and urban economic studies and his M.B.A in finance from the University of Connecticut. He is a CFA® charterholder and a member of the University of Connecticut’s Real Estate Council.
Laton SpahrPortfolio Manager, Value Equity
Laton Spahr serves as portfolio manager of Oppenheimer Value Fund, Oppenheimer Select Value Fund and Oppenheimer Small- & Mid- Cap Value Fund.
Prior to joining OppenheimerFunds, Laton was a senior portfolio manager at Columbia Management Investment Advisors where he managed value and income strategies across institutional and retail investment channels. During his 12-year tenure at Columbia, he also conducted equity risk management, analyzed and traded derivatives and structured products, and was a technology analyst. Previously, Laton was an equity analyst at Holland Capital Management, a research intern at Friess Associates and a commercial loan officer at Jackson State Bank.
Laton holds a B.S. in finance with a minor in accounting from the University of Wyoming, and an M.S. in finance, investments and banking as part of the Applied Security Analysis program at the University of Wisconsin. He is a CFA® charterholder.
Sr. Client Portfolio Manager, Domestic Growth Equities
Emanuele is the Senior Client Portfolio Manager of Domestic Growth Equities. He also serves as the Senior Quantitative Analyst on the Oppenheimer Rising Dividend Fund for which he is responsible for quantitative research, technical analysis, derivatives and portfolio risk analysis. Prior to joining the OppenheimerFunds family in 2003, Emanuele was a Senior Vice President of Windham Capital Management, a privately owned SEC registered investment advisory firm headquartered in New York City. He was also a Senior Vice President at Northern Trust Global Advisors in Canada.
Emanuele received his B.A. degrees from York University in Economics and Mathematics (Statistics) and his M.B.A. from the Richard Ivey School of Business at the University of Western Ontario. Emanuele is a CFA charterholder and is a member of the Investment Management Consultants Association, the CFA Institute as well as the New York Society of Security Analysts.
Randall DishmonPortfolio Manager, Global Equity
Randall (Randy) Dishmon serves as portfolio manager of Oppenheimer Global Value Fund. His previous positions at OppenheimerFunds included serving as portfolio manager of Oppenheimer International Value Fund, co-manager of Oppenheimer Global Opportunities Fund and senior research analyst of Oppenheimer Global Fund.
Prior to joining OppenheimerFunds, Randy was a Management Consultant with Booz, Allen & Hamilton. He also served as a Manager with UtiliCorp United and as a Vice President/Division Chief with KCI Technologies.
Randy holds an M.B.A. from the University of Michigan, an M.S. in engineering from Johns Hopkins University and a B.S. in engineering from North Carolina State University.
Matthew ZiehlPortfolio Manager, Main Street Equity
Matthew Ziehl serves as lead portfolio manager of Oppenheimer Main Street Small Cap Fund® and portfolio manager of Oppenheimer Main Street Small- & Mid-Cap Fund.® He is also a sector manager for business and lodging REITs across all Oppenheimer Main Street funds.
Prior to joining OppenheimerFunds, Matthew managed the RS Small Cap Core Alpha product at RS Investments. Previously, he served as managing director at Guardian Life Insurance Company. He also held various positions with Salomon Brothers Asset Management, Inc., including team leader for small growth portfolios and co-portfolio manager of Salomon Brothers Small Cap Growth Fund.
Matthew has a B.A. in political science from Yale University and an M.B.A. from New York University. He is a CFA® charterholder.
The Rochester TeamManaging 20 Yield-Driven Municipal Bond Funds
The historic success of the Oppenheimer Rochester® municipal funds stems from our team’s core strengths:
- Deep knowledge of the municipal bond market
- Vast investing experience across the full credit spectrum
- Expertise in researching investment opportunities before our competitors do
We comb the municipal market for bonds with an appealing set of credit characteristics, including the potential for above-average yields. We employ stringent credit criteria to identify bonds that we believe will have favorable risk/reward trade-offs over the long term.
Our research leads us to accumulate bonds with varying maturities, coupons and quality levels and to invest in a variety of sectors. We also work to identify market inefficiencies and often find value in sectors that are a few steps off the beaten path. Importantly, we do not manage our funds based on predictions of interest rate changes. Rather, we encourage investors to recognize that yield represents the lion’s share of a fund’s long-term total return.
Geoffrey CraddockChief Risk Officer
Geoff Craddock oversees independent risk management including investment and enterprise risks across the firm.
Before he joined OppenheimerFunds in 2008, Geoff was Senior Vice President and Head of Market Risk Management for CIBC, where he oversaw market risk management globally for the bank’s investment banking, trading and retail activities. He spent 15 years with CIBC in London, Toronto and New York in a variety of risk management and trading roles. For 12 years before that, he held trading and brokerage positions with various investment banks in Europe and the United States.
Geoff holds a degree in mathematics from Cambridge University and an M.B.A. from Cranfield School of Management, both in the United Kingdom.
Paul LarsonSenior Analyst, Main Street Equities
Paul Larson serves as a senior generalist analyst on the Main Street Team. Prior to joining OppenheimerFunds in January 2013, he was a portfolio manager and Chief Equity Strategist at Morningstar. He was previously an analyst at Morningstar covering the energy sector and oversaw the firm’s natural resources analysts. While at Morningstar, Paul also contributed to the ongoing development of Morningstar’s moat methodology and their initiation of the moat trend methodology. Before joining Morningstar in 2002, Paul was an analyst with The Motley Fool.
Paul holds an M.B.A. from the Keller Graduate School of Management and a B.S. in bioengineering from the University of Illinois at Chicago.
Benjamin RockmullerPortfolio Manager, Global Multi-Asset
Benjamin Rockmuller is Vice President and Portfolio Manager of Oppenheimer Global Allocation Fund. Additionally, Mr. Rockmuller is responsible for the primary and secondary trading of event-linked bonds and has been involved with the analysis and management of insurance related investments since 2005. He remains active in the operation of Oppenheimer Master Event-Linked Bond Fund. Previously, Mr. Rockmuller oversaw execution of quantitative trading strategies and risk management for about $24 billion of assets, including Oppenheimer Global Strategic Income Fund, Oppenheimer International Bond Fund, Oppenheimer Active Allocation Fund, and Oppenheimer Global Multi Strategies Fund.
Mr. Rockmuller holds a B.B.A in finance from the University of Massachusetts at Amherst and a M.B.A from New York University’s Stern School of Business. Additionally, he is a CFA charterholder.
Turgut KisinbaySenior Analyst, Global Debt Team
Turgut Kisinbay serves as an Assistant Vice President and Developed Markets analyst on the
Global Debt team. He joined OppenheimerFunds, Inc. in 2011.
Prior to joining OppenheimerFunds, Mr. Kisinbay was an economist at the International
Monetary Fund (IMF) focusing on monetary policy, financial sector reform and forecasting. His
work on forecasting asset price volatility and business cycles has been published in academic
Mr. Kisinbay holds a B.A. in economics from Bogazici University in Istanbul, Turkey as well as
a M.A. and PhD in economics from McGill University in Montreal, Canada.