COWEN PRIME SERVICES WINS US HEDGE FUND SERVICES AWARD 2017

Named “Best Boutique Prime Broker” for the Fifth Consecutive Year

New York, NY, October 20, 2017 — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its prime services division, Cowen Prime Services LLC, has been voted “Best Boutique Prime Broker” at the 2017 US Hedge Fund Services Awards and was also “Highly Commended” in the “Best Prime Broker – Start Ups” category. The Hedge Fund Services’ awards honor providers of services and solutions to the hedge fund sector that have demonstrated exceptional innovation, customer service and performance over the past 12 months.

Jack D. Seibald, Global Co-Head of Prime Brokerage Services, said, “We are honored to have been named Best Boutique Prime Broker for the fifth consecutive year as this award is testament to the breadth and depth of Cowen Prime Services’ comprehensive offerings and the efforts of our global team to provide innovative and responsive solutions to our clients. The hedge fund industry is constantly evolving and Cowen takes a great deal of pride in the fact that we have been able to enhance our global prime services to help our clients achieve success through many channels such as accessing the firm’s research, corporate access program, capital markets activities, and non-conflicted trade execution.”

About Cowen Prime Services LLC

Cowen Prime Services LLC offers a comprehensive suite of brokerage and related services that provide investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to unburden our clients of their operating responsibilities and allow them to focus on their core competencies – investing. Our offering features US prime brokerage, international prime brokerage, electronic and high-touch execution, a full outsourced trading solution, commission management, financing and stock loan, middle and back office support, pre and post trade compliance, capital introduction, new launch consulting, and portfolio and risk analytics. Cowen Prime Services was formed in 2015 following Cowen’s acquisition of Concept Capital Markets, LLC. The firm is a registered broker dealer and investment advisor with the SEC, and is a member of FINRA, NFA and SIPC.

For additional information, visit: www.cowen.com/capabilities/prime-services/

About Cowen Inc.

Cowen Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative asset management, investment banking, research, sales and trading, prime brokerage, global clearing and commission management through its two business segments: Cowen Investment Management and its affiliates make up the Company’s alternative investment segment, while Cowen and Company, a member of FINRA and SIPC, and its affiliates make up the Company’s broker-dealer segment. Cowen Investment Management provides alternative asset management solutions to a global client base and manages a significant portion of Cowen’s proprietary capital. Cowen and Company and its affiliates offer industry focused investment banking for growth-oriented companies, domain knowledge-driven research, a sales and trading platform for institutional investors and a comprehensive suite of prime brokerage services. Founded in 1918, the firm is headquartered in New York and has offices worldwide. For additional information, visit www.cowen.com.

Media Contacts:
Cowen Inc.
Lynda Caravello
646-562-1676
lynda.caravello@cowen.com

Gagnier Communications
Dan Gagnier
646-569-5897
dg@gagnierfc.com