History

1918

Cowen is founded as a bond trading house

1920s

Correspondent Clearing & Execution Services

1930s

Remains profitable despite the Great Depression

1960s

Establishes research & institutional sales unit

1970s

Establishes national footprint

1980s

Investment banking international footprint

1998

Société Générale acquires Cowen and renames the firm, SG Cowen

2006

Société Générale spins-off Cowen 
in an initial public offering

2009

Merges with Ramius, a privately owned alternative investment firm, creating a diversified financial services organization

2012

Acquires Algorithmic Trading, a broker-neutral electronic trading platform

2013

Acquires Dahlman Rose, providing additional sector expertise across banking, markets and research

2015

Acquires Concept Capital & Conifer Securities, making entrance into prime brokerage

2016

Washington Research Group‘s macro commentary team joins Cowen

2017

Acquires Convergex, establishing a leading independent, non-conflicted trading platform in equities.

2018

$1 billion+ total capitalization

$11 billion in AUM

900+ securiities under coverage

136 banking transactions across M&A, equities, debt and private placements in the last 12 months