Co-Head of Information and Technology Services
Mr. Beller is a Managing Director and Co-Head of Cowen and Company’s Information and Technology Services Group. Prior to Cowen, Mr. Beller was a Partner and senior investment banker at Stone Key Partners, where he managed the commercial technology advisory business. Previously, Mr. Beller was Head of Investment Banking at CSI Strategic Partners, a joint venture between Evercore Partners and CITIC Securities that focused on cross-border transactions between China and other international markets. Prior to that, Mr. Beller spent 13 years at Bear Stearns, where he served as Senior Managing Director and Head of the Information & Technology Services Group. He also served as Chief Financial Officer of Pay by Touch, a biometric payment and loyalty marketing platform company. Mr. Beller holds an AB in Economics and Government from Dartmouth College, an MBA from Stanford Graduate School of Business and a JD from Stanford Law School. Mr. Beller is a member of the California Bar Association.
Head of Special Situations
Lorie Beers is a Managing Director and Head of Special Situations at Cowen and Company. She has 28 years of professional experience that encompasses the full spectrum of restructuring. Previously, she was Managing Director and Head of Restructuring at StormHarbour Securities and served in a senior level capacity at firms such as Variant Capital Advisors, Seabury Group, KPMG Corporate Finance and Gordian. Ms. Beers began her career as a bankruptcy attorney and ultimately became a partner in the Bankruptcy Group at Kasowitz, Benson, Torres & Friedman. She also served as Chief Restructuring Officer and Chief Operating Officer for a middle market marketing and branding organization. Ms. Beers has a B.A. from Dickinson College and a J.D. from the University of Pittsburgh School of Law.
Vice Chairman of Cowen and Company Investment Banking
Frank Dunlevy joined Cowen in early 2004 from Thomas Weisel Partners, where in 1998 he was one of four original founding partners. During his tenure at Thomas Weisel Partners, Mr. Dunlevy held various positions, including Co-Head of Investment Banking, Head of Equity Capital Markets, and Vice Chairman, Private Equity & Asset Management. Prior to that (1990-1998), he was a Senior Managing Director at Montgomery Securities, where he co-led the Consumer Group and co-founded and led the Education, Information Technology, and Business Services teams. From 1971 to 1989, Mr. Dunlevy was with the Investment Banking Department of The First Boston Corporation (Credit Suisse First Boston) in New York, London and San Francisco.
From 1966 to 1968, Mr. Dunlevy served in the U.S. Army in Vietnam as a member of the 101st & 82nd Airborne Divisions. He received a BS from Southern Methodist University in 1971, where he was a member of the Board of Trustees for 12 years (2000-12) and served as the Vice Chairman of the Board for the Finance and Athletic Committees and on the Executive Board of the S.M.U. Cox School of Business.
In 2014, he was honored as a “Distinguished Alumni” of the University and in 1999 of the Cox School of Business. Mr. Dunlevy played a key role in the early public financings for such major companies as Charles Schwab, Infosys, Kohl’s, Apollo Group, Magna International and Chipotle.
Co-Head of Information and Technology Services
Mr. Kissane is a Managing Director and Co-Head of Cowen and Company’s Information and Technology Services Investment Banking group. Prior to Cowen, Mr. Kissane was a Partner and senior investment banker at Stone Key Partners, where he co-headed the firm’s Commercial Technology Advisory practice. Previously, he was a senior, highly ranked equity research analyst covering the Information and Technology Services sector for 24 years (Salomon Brothers, 9 years; Bear Stearns, 11 years; Bank of America-Merrill Lynch, 3 years; and Credit Suisse, 1 year). Mr. Kissane’s research was recognized by Institutional Investor magazine with more than 20 separate rankings over his career. He was also recognized for the quality of his research by Greenwich Associates, Bloomberg Markets, Reuters, and TheStreet.com. Over the course of his career, Mr. Kissane has helped many leading payment and fintech companies access the capital markets, including First Data, Vantiv, Verisk, NetSpend, iPayment, PayPal, BISYS, and Alliance Data Systems.
Mr. Kissane holds a B.S. in Business Administration from the State University of New York at Albany and an MBA from New York University Stern School of Business.
Rene M. Kraenzlin
Chief Operating Officer of Investment Banking
Mr. Kraenzlin is a Managing Director and Chief Operating Officer of Cowen’s Investment Banking Group. He joined Cowen in February of 2007. Mr. Kraenzlin has had a variety of senior management positions in his 20 year Investment Banking career. Prior to joining Cowen, he served as COO of the Investment Banking Division of Dresdner Kleinwort Americas. Prior to that, he was the Chief Administrative Officer for UBS in the Americas and CAO for Broadview International.
Mr. Kraenzlin received a Ph.D. in Operations Research and a BA in Economics from the University of St. Gallen, Switzerland.
Head of Consumer Investment Banking
Mr. Lemone is a Managing Director and head of Cowen and Company’s Retail and Consumer investment banking group. Mr. Lemone brings over 27 years of experience advising and raising capital for many of the leading retailers in the US. Most recently, Mr. Lemone was at TriArtisan Capital Partners where he led the firm’s investing in the retail sector. Prior to that, he was head of the retail groups at SunTrust Robinson Humphrey, Lehman Brothers and Merrill Lynch. Mr. Lemone received a BS with honors from Bentley College and an MBA with honors from the Stern School of Business at New York University.
Steven A. Levy
Head of Financial Sponsors
Steven Levy is Managing Director and Head of Financial Sponsors. Mr. Levy joins Cowen from Stifel (formerly Thomas Weisel Partners), where he managed middle market financial sponsor relationships and led M&A execution for transactions in the consumer, industrial, technology and other sectors. Before that, Mr. Levy was the CFO of Delia’s where he prepared the company to go public. Prior to that, he was a senior vice president in Lehman Brother’s financial sponsors group. He also worked in SG Cowen’s financial institutions group and started his investment banking career at CS First Boston.
Mr. Levy received a BA from Binghamton University and an MBA from The Wharton School of the University of Pennsylvania.
Head of Technology, Media and Telecommunications Investment Banking
Chris McCabe is Head of Technology, Media and Telecommunications Investment Banking. Mr. McCabe joined the firm in 2011 from Piper Jaffray where he was a Managing Director and Global Co-Head of both the Clean Technology and Renewables and Industrials Groups. Mr. McCabe led the Clean Tech practice from 2008 until he left the company, organizing and branding the group and helping to turn the practice into the top equity underwriter in the sector over the past three years. Mr. McCabe’s responsibilities included coverage of Solar, Energy Efficiency, Industrial Biotech, Industrial Technology and Industrial Growth. He joined Piper Jaffray in 2002 as Head of Semiconductor Banking and was Head of Technology from 2005 to 2008.
Before that, Mr. McCabe was Head of Semiconductor Banking at Robertson Stephens, where he had a broad range of deal experience in IPOs, follow-ons, convertible debt and M&A transactions. Previously, Mr. McCabe was Head of West Coast Technology Banking at Bank of Boston.
He is a graduate of the University of Massachusetts and holds a MBA in International Management from the University of South Carolina.
Head of Healthcare Investment Banking
George Milstein is a Managing Director and the Head of the Health Care Investment Banking Group. He joined Cowen from Pacific Growth Equities, where he was Head of the Strategic Advisory practice. Previously, Mr. Milstein was the Head of Investment Banking, a shareholder and a member of the Executive Committee for Pacific Growth Equities. Prior to his experience at Pacific Growth, he was an investment banker with Robertson, Stephens & Company.
Mr. Milstein holds a B.S. in Biology from the University of Southern California and a J.D. from the University of Arizona.
Head of Equity Capital Markets
Grant Miller is head of the equity capital markets group, which is responsible for the origination and execution of all equity transactions, including bought, public marketed, and confidentially marketed transactions. Mr. Miller has been working in capital markets for more than 16 years and has book-run hundreds of transactions across many industry sectors. Prior to joining Cowen, Mr. Miller was a managing director in Banc of America’s equity capital group. Previously, Mr. Miller worked at Lehman Brothers, where he held a variety of capital markets positions, including responsibility for all PIPE and registered direct transactions. Prior to banking, Mr. Miller was a manager at Andersen Consulting. Mr. Miller has a B.A. in economics, magna cum laude, from the University of Pennsylvania, and an M.B.A, Phi Beta Kappa, from Columbia Business School.
John P. Nelson
Head of Aerospace & Defense / Industrials Investment Banking
Mr. Nelson is a Managing Director and Head of Cowen and Company’s Aerospace & Defense / Industrials Group. Prior to joining Cowen in 2007, Mr. Nelson led the A&D effort at Legacy Partners Group, a middle market focused M&A firm. Previously, Mr. Nelson was a Managing Director at Bank of America Securities, where he headed the Technology & Business Services Group. Prior to Bank of America, Mr. Nelson worked at Salomon Smith Barney and Bear Stearns, where he focused on technology-related mergers and acquisitions.
Mr. Nelson received an MBA with Distinction from NYU’s Stern School of Business, and a Master of International Public Policy with Honors from the School of Advanced International Studies (SAIS) at Johns Hopkins University. He has a BA in Management from Gettysburg College. Prior to business school, Mr. Nelson served as a Captain in the U.S. Army.
Head of Investment Banking
Kevin Raidy is Managing Director and Head of Investment Banking. Prior to his current position, Mr. Raidy served as co-head of Cowen and Company’s equity capital markets group, which is responsible for the origination and execution of all equity capital-raising transactions. Before that, he was a managing director at Ramius LLC, where he was portfolio manager for direct investments and convertible bonds. Mr. Raidy also was the founder of H4 Capital Management LLC. His sell-side experience includes ten years at Shipley Raidy Capital Partners LP, a boutique investment banking firm that he co-founded, where he was responsible for sourcing, evaluating, and structuring numerous debt and equity financings and also performed M&A advisory services. Prior to founding Shipley Raidy, Mr. Raidy was an associate at Philadelphia First Group. He started his career at Cantor Fitzgerald before moving to Merrill Lynch as an analyst in the municipal finance group.
Mr. Raidy holds a BS in economics with a concentration in finance from the Wharton School of the University of Pennsylvania.
Matthew S. Rovelli
Head of Energy Investment Banking
Matthew Rovelli is a Managing Director and Head of Energy Investment Banking at Cowen and Company. Prior to Cowen, Mr. Rovelli was a Managing Director and Head of Energy Investment Banking and Equity Capital Markets at Dahlman Rose. Previously, Mr. Rovelli was a Managing Director at Bear, Stearns & Co. Inc. in the Equity Transactions Group. Over his seven-year career at Bear, Stearns & Co. Inc., Mr. Rovelli worked on the origination and execution of over 100 bookrun equity transactions, including IPOs, follow-on offerings, concurrent multi-product financings, overnight block trades, and private placements.
Mr. Rovelli graduated from Colgate University with a degree in Economics.
Head of Transportation Investment Banking
Mark J. Schulte is a Managing Director and head of the Transportation practice in investment banking at Cowen and Company.
Mr. Schulte has been involved in transportation and aviation for over 25 years and his experience includes working with virtually every U.S. airline, many foreign air carriers, transport-related leasing companies, logistics companies, railroads, trucking firms, airframe manufacturers/suppliers and airports. His transactions run the gamut of investment banking assignments and include M&A advice, equity financing, debt financing – including leveraged finance, asset-backed financing, tax exempt financing, share repurchases and restructuring advice. He has extensive international experience and has initiated and completed major investment banking transactions on six continents. In addition, he has assisted several governments in structuring and implementing their aviation privatizations.
Mr. Schulte joined Cowen when it acquired Dahlman Rose & Co. in 2013. At Cowen, he has continued a broad-based transportation practice covering most industry subsectors; and participated in a range of capital and advisory assignments including advising Southwest Airlines in its $3.4 billion acquisition of AirTran, and advising Alaska Airlines in its $4.0 billion acquisition of Virgin America Air, each of which represented one of the major consolidating transactions in the US airline industry. Before joining Dahlman Rose, Mr. Schulte served as Managing Director at Seabury Group, an aviation advisory and consulting firm; he also founded and operated Taurus Corporate Finance Group where he actively participated in the restructuring of the domestic aviation business and garnered advisory roles in separate transactions that were named Deal of the Year by Airline Business magazine and Transaction of the Year by the Turnaround Management Association.
Prior to his tenure with Taurus, Mr. Schulte was a Managing Director at Merrill Lynch & Co. and co-head of its worldwide transportation practice in investment banking. In that capacity, Mr. Schulte was responsible for the development and maintenance of relationships with those sector clients, on a global basis.
He has been a frequent speaker at industry-related conferences/symposia including the US Chamber of Commerce, IATA Conferences, AFJ Conference, the International Aviation Club and the International Airline CEO Conference; and a contributor to industry periodicals including: Investment Dealer’s Digest, Air Finance Journal and Commercial Aviation Report. Mr. Schulte has been a director of three sector-related private corporations and a former Governor of the Wings Club in New York City.
Mr. Schulte grew up and received his elementary education in St. Louis, Missouri; he was graduated from Dartmouth College, A.B., magna cum laude, with highest distinction in Economics; and received his MBA from the University of Chicago with concentrations in Finance and Accounting.
Mergers & Acquisitions
Mr. Wildish is a Managing Director with Cowen and Company’s Mergers and Acquisitions group. He has more than 30 years of experience that includes strategic advice, financial restructuring, investment banking and public accounting. Most recently, he was a Managing Partner at Corporate Partners, a private equity fund. Before that, Mr. Wildish was with Miller Buckfire as the Head of Mergers and Acquisitions and GE Capital Market Services as the Leader of Global New Product Introduction and Capital Management. He spent several years at Credit Suisse First Boston as the Head of Media Mergers & Acquisitions and Donaldson, Lufkin & Jenrette as the Head of Technology Mergers & Acquisitions. Prior to that, he was a General Partner at Lazard Freres. Mr. Wildish graduated from the University of Virginia with a BS in Commerce and received an MBA from Harvard Business School.
Craig E. Zaph
Head of Debt Capital Markets
Craig Zaph is Managing Director and Head of Debt Capital Markets. Mr. Zaph joins Cowen from Jefferies. During his 18 year tenure, he served in a variety of roles within investment banking. Most recently, he spent 6 years as the Managing Director and Head of Energy & Shipping Leveraged Finance. Prior to that, Mr. Zaph was the Head of Origination. He began his career as an investment banking associate at the firm. Mr. Zaph holds a Bachelor of Commerce degree from the University of British Columbia and an IMBA from the University of Chicago’s Graduate School of Business.