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Is OppenheimerFunds related to Oppenheimer & Co. or Oppenheimer Capital?

April 26, 2017Capital oppenheimer oppenheimerfunds

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Is OppenheimerFunds related to Oppenheimer & Co. or Oppenheimer Capital?

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No. OppenheimerFunds was formed in 1960 as an affiliate of the brokerage firm Oppenheimer & Co, Inc., but is now majority-owned by Massachusetts Mutual Life Insurance Company (MassMutual) and is a member of the MassMutual Financial Group. OppenheimerFunds has no corporate ties to Oppenheimer & Co., Inc. (formerly named Fahnestock & Company, Inc.) or Oppenheimer Capital, an independently operated investment unit of Allianz Global Investors. For further details, see our Company History. For more information on Oppenheimer & Co., please visit www.opco.com and for Oppenheimer Capital, www.opcap.com.