Oppenheimer & Co., an investment bank and wealth manager, is continuing the build out its healthcare investment banking practice with the appointment of Jason Fenton in a newly created role as co-head of healthcare equity capital markets, based in New York City, the firm announced.
Fenton most recently was head of healthcare capital markets at Cowen and Company. He raised tens of billions of dollars for companies in the healthcare sector and advised emerging healthcare companies on equity financings, the release said.
Fenton’s appointment comes at a time when Oppenheimer’s Healthcare Equity Capital Markets Group is poised for accelerated growth, said Peter Bennett, head of the firm's equity capital markets.
Oppenheimer has successfully closed 33 healthcare merger and acquisition deals with a total value of $6.4 billion over the past three years, as the firm's investment banking business delivered a record quarter and a record year in 2021, two years in a row, the release said.