President of Kyrgyzstan Sadyr Japarov met with the management of the American multinational investment bank and Oppenheimer Asset Management company within the framework of his working visit to New York (USA). Press service of the head of state reported.
The business conversation with the President of the company Robert Lowenthal and Chairman of the Board Albert Lowenthal took place in the head office of the company. The parties discussed possible joint plans and projects, including in the banking and financial sphere. The owners of Oppenheimer Asset Management briefly told the head of state about the history of the company’s foundation and what kind of financial services it provides.
Oppenheimer Asset Management has more than 50 years of experience and $37 billion in assets under management. Originally established as Oppenheimer & Company Oppenheimer Holdings it was founded in 1950 when a partnership was formed to serve as a broker-dealer and manage financial services for large institutional clients.
Robert and Albert Lowenthal offered Kyrgyzstan to issue its first sovereign Eurobonds, which would then pave the way for IPOs of Kyrgyz companies on the NYSE.
The head of state welcomed the initiative, noting the need for a more detailed study of the issue. He emphasized the great role of Robert Lowenthal in the unique success story of Oppenheimer Asset Management and thanked him for his assistance in organizing the meeting with representatives of major American financial companies.
President Sadyr Japarov noted that Kyrgyzstan is ready to become an effective and reliable platform for foreign investors, including American businesses.
