Oppenheimer Strengthens Main Street Funds Team

May 19, 2009 (PLANSPONSOR.com) - OppenheimerFunds, Inc. announced that Manind ("Mani") Govil has been named Team Leader and Portfolio Manager of the Main Street equity team, effective immediately.

Govil will be joined by several colleagues consisting of portfolio managers, fundamental analysts and a trader from his previous employer, RS Investment Management Co. LLC, according to a news release. The new 12-person team will work with the Oppenheimer Main Street Fund, Oppenheimer Main Street Opportunity Fund, and Oppenheimer Main Street Small-Cap Fund, as well as their related accounts.

Joining Govil, according to the news release, are:

  • Benjamin Ram – who will co-manage Oppenheimer Main Street Fund;
  • Anthony Gennaro – who will co-manage Oppenheimer Main Street Opportunity Fund;
  • Matthew Ziehl – who will be lead portfolio manager of Oppenheimer Main Street Small-Cap Fund; and
  • Raman Vardharaj – who will co-manage Oppenheimer Main Street Small-Cap Fund.

In their previous roles, Ram and Gennaro managed institutional mid-cap strategies; Ziehl managed the RS Small Cap Core Fund; and Vardharaj led the team’s quantitative analysis efforts.