COWEN PRIME SERVICES WINS HEDGEWEEK USA AWARD 2017

Named “Best North American Prime Broker” for the Third Consecutive Year

New York, NY, September 22, 2017 — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its prime services division, Cowen Prime Services LLC, has been named Best North American Prime Broker at the 2017 Hedgeweek USA Awards. The award is based on a peer review system whereby Hedgeweek’s readers, including institutional and high net worth investors, as well as hedge fund managers and other industry professionals at fund administrators, prime brokers, law firms, custodians, and advisers, select the top performer in a series of categories.

Jack D. Seibald, Global Co-Head of Prime Brokerage Services, said, “We are proud that we have again earned the Best North American Prime Broker Award from Hedgeweek and are grateful to Hedgeweek’s readers for their continued support. Cowen’s Prime Services team is uniquely positioned to understand the complexity of launching an alternative investment fund and managing it through its growth stages, due in large part to the wide-ranging skill sets of our team and the firm’s comprehensive offering to investment managers.”

Added Seibald, “We know that our role is to support our clients with best-in-class tools and support services that will improve the operational and administrative aspects of their business and allow them to focus on their core competencies, investing. In addition, operating under the Cowen umbrella enables us to support our clients with additional services all aimed at helping our clients outperform, including the firm’s valued equity research, corporate access program, capital markets activities, and non-conflicted trade execution.”

This is the third consecutive year that Cowen’s Primes Services division has won this award, and the fourth time in five years, that Cowen Prime Services has been recognized as “Best North American Prime Broker” by Hedgeweek USA Awards. Earlier this year, Cowen Prime Services was named “Best Global Prime Broker” for the third consecutive year by Hedgeweek Global Awards.

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