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ICICI Securities has entered into a strategic alliance with US-based Oppenheimer Investments Asia, said a release from ICICI. The alliance between the two companies would include a wide range of securities activities, including equity and debt capital markets, advisory, private equity transactions and wealth management.
This alliance would also help Indian companies looking to enter the US securities market, in the distribution of Indian offerings and placements in the US, cross-border advisory and make equity and wealth management products available to the private client of both Oppenheimer and ICICI in India and the US.
ICICI Securities had recently tied up with Collins Stewart Hawkpoint of the UK in a similar strategic tie-up.
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