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Oppenheimer expands public finance team with Rideaux hire, Carter promotion

Oppenheimer hires 20-year Texas infrastructure finance veteran Bruce Rideaux as managing director while promoting Lauren Carter to head of negotiated underwriting. The moves underscore the firm's push to strengthen its municipal capital markets division.

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Helena Vásquez · Business Desk · 25 Aug 2026 · 18:44 · 1 min read
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Oppenheimer expands public finance team with Rideaux hire, Carter promotion

Oppenheimer & Co. Inc. has bolstered its public finance team, appointing Bruce Rideaux as managing director in municipal capital markets and promoting Lauren Carter to head of negotiated underwriting.

Rideaux, who joins from Hilltop Securities, brings two decades of experience in project financings and public-private partnerships, with a focus on transportation infrastructure. Over his career, he has advised on more than $35 billion in financings, according to the firm. A graduate of The University of Texas at Austin with a B.A. in Mathematics and an M.B.A. from Southern Methodist University, Rideaux will be based in Dallas.

Carter, who has nearly 25 years of municipal finance experience, will retain her existing responsibilities in competitive underwriting while assuming leadership of negotiated underwriting. Her promotion follows the retirement of Beth Wolchok, who previously held the role. Carter joined Oppenheimer in March alongside Matt Davis, who was named managing director and head of competitive municipal underwriting, and Brendan Shanahan, who was appointed managing director in municipal trading.

Elizabeth Coolidge, Oppenheimer’s head of public finance since 2024, was elected to a four-year term on the Municipal Securities Rulemaking Board Board of Directors, effective October 1, 2026. Peter Albano, senior managing director and global head of fixed income, said Rideaux’s hiring and Carter’s expanded role reflect the firm’s continued growth in public finance.

Oppenheimer ranks 18th in long-term competitive underwriting for 2026, up from 46th for the full-year 2025, according to Bloomberg League Tables.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

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