NEW YORK, Aug. 11, 2015 – OppenheimerFunds announced that Ruta Ziverte has joined the firm as a senior portfolio manager in the newly formed Multi-Sector Fixed Income team, reporting to Michael Mata, head of the new Multi-Sector Fixed Income team, which looks across global debt markets for attractive opportunities. Mata also continues as lead portfolio manager for Oppenheimer Global Strategic Income Fund and a portfolio manager of Oppenheimer Global High Yield Fund. Ziverte joins the firm from GE Asset Management, where she was a high yield portfolio manager.

Mata, Ziverte and research analyst Anuranjan Sharma comprise the new team, which oversees multi-sector fixed income investment strategies for the firm, and in particular, management of the Multi-Sector Fixed Income strategy.

The Fixed Income team also recently added two senior client portfolio managers. Ira Jersey joined the firm in New York as the senior client portfolio manager for the Fixed Income teams, including Investment Grade, Global Debt and Multi-Sector Fixed Income. Jersey had been at Credit Suisse, where he was head of U.S. Interest Rate Strategy. Taylor Watts joined in Denver as the senior client portfolio manager for the High Yield Corporate Debt team. Watts had been at Knight Capital Group, where he was a managing director focused on trading below-investment grade debt with institutional accounts.

“Ruta’s extensive background and far-ranging insight in high yield make her an outstanding addition to the multi-sector team, a critical area within our Fixed Income group,” said Chief Investment Officer Krishna Memani. “Additionally, Ira and Taylor’s comprehensive knowledge and experience provide further depth in our coverage model, enhancing our work with clients.”

Background

Michael Mata serves as head of Multi-Sector Fixed Income and is lead portfolio manager of Oppenheimer Global Strategic Income Fund and a portfolio manager of Oppenheimer Global High Yield Fund.

Prior to joining OppenheimerFunds in 2014, Mata served as managing director – head of Multi-Sector Fixed Income as well as portfolio manager of the Global Bond and Core Plus strategies for Voya (formerly ING Investment Management), where he managed the macro and quantitative research teams, along with the emerging-markets sovereign team. Prior to that, Mata worked at Putnam Investments as senior risk manager, and at Lehman Brothers as the risk manager for Fixed Income Trading. He has more than 25 years of investment experience.

Mata has an MBA from DePaul University with a concentration in Finance and Accounting. He also holds a B.A. from Florida International University where he majored in Finance.

Ruta Ziverte has 15 years of investment industry experience and joins OppenheimerFunds as a senior portfolio manager on the Multi-Sector Fixed Income Team in New York, adding high-yield expertise to the firm’s High Yield and Global Strategic Income Fund strategies. Previously, she was a high yield portfolio manager with GE Asset Management. Prior to that, Ziverte was a team leader and senior analyst, co-managing a leveraged finance research team, and was responsible for developing and implementing the firm’s credit processes and procedures. Earlier in her career, she was a credit analyst with Citigroup/Travelers Life and Annuity, and with Phoenix Investment Partners.

Ziverte has an M.B.A. from Rensselaer Polytechnic Institute and a B.S. in Business Administration from the University of Latvia.

Anuranjan Sharma is a senior research analyst at OppenheimerFunds. Prior to joining the firm earlier this year, he was an assistant vice president at Voya (formerly ING Investment Management), where he built asset allocation frameworks and developed investment solutions within the global bond, emerging market and core plus strategies, with an emphasis on currency and global rates.

Sharma has an MBA with honors from Carnegie Mellon University with a concentration in Finance and Economics. He also holds a B.S. from the Indian Institute of Technology Delhi.

Ira Jersey is a senior client portfolio manager in New York for OppenheimerFunds’ Fixed Income teams, including Investment Grade, Global Debt and Multi-Sector Fixed Income. Jersey had been at Credit Suisse, where he was head of U.S. Interest Rate Strategy. Prior to that he was head of U.S. Fixed Income Strategy at the Royal Bank of Canada.

Jersey received an M.A. in Economics from New School University, a M.A in International Studies from the University of Birmingham, and a Bachelors of Political Science and Communication from The American University.

Taylor Watts is a senior client portfolio manager in Denver for OppenheimerFunds’ High Yield Corporate Debt team. Watts had been at Knight Capital Group, where he was a managing director focused on trading below-investment grade debt with institutional accounts. Earlier he was co-head of Credit and Equity Sales at CRT LLC in Stamford, Conn., and was in Fixed Income sales at Credit Suisse First Boston. Watts has a B.A. in Geology from Williams College.