Oppenheimer 60th Anniversary - 36

Reprinting of From Opportunity to
Legacy: Celebrating the First Fifty Years

1 98 7
1 994

WEIGHING RISK
AND OPPORTUNITY
Strategic decisions mark this era, from the move to buy aggressively in the
aftermath of Black Monday to the implementation of a management buyout

I
President Reagan gives a speech in front of the Brandenburg Gate in
West Berlin, where he says, "Mr. Gorbachev, tear down this wall!"

Oppenheimer Management Corp. becomes an indirect
subsidiary of British & Commonwealth Holdings.

1987

36 * OppenheimerFunds: The First Fifty Years

AP IMAGES

1987

n some ways, the period from 1987 to 1994 was
tumultuous. OppenheimerFunds had three
owners during that brief period, and the World
Trade Center, home to the Company's headquarters, was the target of a terrorist attack. Yet
OppenheimerFunds emerged stronger, increasingly entrepreneurial, and even more innovative.
For seven years, OppenheimerFunds had called
2 Broadway in Lower Manhattan home, but in 1987
- with the business thriving and employee head
count continually growing - the Company moved
into expansive new office space, occupying an entire
floor of the World Trade Center (that tenancy later
expanded to include more than three floors).
By 1987, in fact, OppenheimerFunds leadership
believed that with new offices and a growing asset
base, the Company had begun to claim its place
among the predominant investment management
and mutual funds firms in the country.



Oppenheimer 60th Anniversary

Table of Contents for the Digital Edition of Oppenheimer 60th Anniversary

Contents
Oppenheimer 60th Anniversary - Cover1
Oppenheimer 60th Anniversary - Cover2
Oppenheimer 60th Anniversary - 1
Oppenheimer 60th Anniversary - 2
Oppenheimer 60th Anniversary - Contents
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