Peter A. Cohen
Chairman and Chief Executive Officer
Cowen Group, Inc.

Mr. Cohen serves as Chairman of the Company’s Board of Directors and Chief Executive Officer of Cowen Group and serves as a member of the Management and Operating Committees of Cowen Group since November 2009. Mr. Cohen is a founding principal of the entity that owned the Ramius business prior to the combination of Ramius and Cowen Holdings, Inc., or Cowen Holdings, in November 2009. From November 1992 to May 1994, Mr. Cohen was Vice Chairman and a director of Republic New York Corporation, as well as a member of its Executive Management Committee. Mr. Cohen was also Chairman of Republic’s subsidiary, Republic New York Securities Corporation. Mr. Cohen was Chairman of the Board and Chief Executive Officer of Shearson Lehman Brothers from 1983 to 1990. Over his career, Mr. Cohen has served on a number of corporate, industry and philanthropic boards, including the New York Stock Exchange, The Federal Reserve International Capital Markets Advisory Committee, The Depository Trust Company, The American Express Company, Olivetti SpA, Telecom Italia SpA, Kroll Inc. He also served as a Director for U.S defense contractors, Titan International, GRC Inc. and L-3 Communications. He is presently a Trustee of Mount Sinai Medical Center, Vice Chairman and Lead Director of the Board of Directors of Scientific Games Corporation and a director of Safe Auto Insurance. Mr. Cohen provides the Board with extensive experience as a senior leader of large and diverse financial institutions, and, as Chief Executive Officer, he is able to provide in-depth knowledge of the Company’s business and affairs, management’s perspective on those matters and an avenue of communication between the Board and senior management.

Jeffrey M. Solomon
President, Cowen Group, Inc.
Chief Executive Officer, Cowen and Company

Jeffrey M. Solomon is President of Cowen Group, Inc. and Chief Executive Officer of Cowen and Company, a Cowen Group company. Previously, Mr. Solomon served as Cowen Group's Chief Operating Officer and Head of Investment Banking at Cowen and Company. Mr. Solomon joined Ramius, Cowen Group's investment management division, when it was founded in 1994 and was responsible for the development, management and oversight of a number of the investment strategies employed by Ramius.

Currently, Mr. Solomon is a Director of NuGo Nutrition, the manufacturer of NuGo Nutrition Bars. Mr. Solomon is also co-chair of the Equity Capital Formation Task Force, a group of individuals from across the country’s startup and small-capitalization company ecosystems advocating for market structure reform to encourage job creation and growth, and a member of the Committee on Capital Markets Regulation, an independent and non-partisan 501(c)(3) research organization dedicated to enhancing the competitiveness of the U.S. capital markets and ensuring the stability of the U.S. financial system.

Mr. Solomon graduated from the University of Pennsylvania in 1988 with a B.A. in Economics.

Thomas W. Strauss
Chairman, Ramius and Vice Chairman, Cowen Group, Inc.

Mr. Strauss is the Chairman of Ramius, a Cowen Group company and Vice-Chairman of Cowen Group. From 2010-2012, Mr. Strauss was Chief Executive Officer and President of Ramius. From 1995 to 2009, Mr. Strauss was a Managing Member and a member of the Executive Committee of Ramius LLC. Mr. Strauss was also the Chief Executive Officer of the Fund of Funds Group. From 1963 to 1991, Mr. Strauss was with Salomon Brothers Inc. He was admitted as a General Partner in 1972 and was appointed to the Executive Committee in 1981. In 1986, he became President of Salomon Brothers and a Vice Chairman and member of the Board of Directors of Salomon Inc, the holding company of Salomon Brothers and Phibro Energy, Inc. From 1986 through 1991, Mr. Strauss was responsible for the firm's Investment Banking, Sales and Trading, Asset Management and International Activities.

During his first nine years at Salomon Brothers, he served in various Fixed Income Sales and Sales Management capacities. From 1972 to 1981, Mr. Strauss managed the Government Securities, Money Market and Foreign Exchange departments. In 1978-1979, with the advent of listed Fixed Income Futures and Options trading, he separated the firm's Proprietary Trading activities from the traditional client based business, which provided the foundation for Global Proprietary Trading in New York, London and Tokyo.

From 1981 to 1986, Mr. Strauss was responsible for the development of the firm's international business in Europe and the Far East, including both Sales and Trading and Investment Banking. From a single office in London in 1971, the firm built an international presence in Europe, Asia and North America. In 1986, he further became responsible for the Global Investment Banking, High Yield and Equity businesses and several years later initiated the firm's Global Asset Management efforts.

In 1993, Mr. Strauss became Co-Chairman of Granite Capital International Group, a private investment management firm, where he developed an Absolute Return Alternative Asset Class investment business. In July of 1995, he joined Ramius.

Mr. Strauss is a former member of the Board of Governors of the American Stock Exchange, the Chicago Mercantile Exchange, the Public Securities Association, the Securities Industry Association, the Federal Reserve International Capital Market Advisory Committee and the U.S. Japan Business-Council. He is a past President of the Association of Primary Dealers in U.S. Government Securities. Mr. Strauss currently serves on the Board of Trustees of the U.S.-Japan Foundation and is a member of the Boards of Trustees and Executive Committees of The Mount Sinai Medical Center, Mount Sinai School of Medicine and The Mount Sinai Hospital. Mr. Strauss is also Trustee Emeritus of Riverdale Country School and Vice President and Treasurer and member of the Board of Trustees of the Bachmann-Strauss Dystonia & Parkinson Foundation.

Fred S. Fraenkel
Vice Chairman, Cowen Group, Inc. and Interim Head of Asset Management

Mr. Fraenkel is a Vice Chairman of Cowen Group, Inc. and Interim Head of Asset Management. Prior to joining Cowen, Mr. Fraenkel was President of Fairholme Capital Management and Chief Research Officer since 2011. Prior to Fairholme, Mr. Fraenkel was Vice-Chairman and Chairman of the Investment Policy Committee of Beacon Trust Company.

Mr. Fraenkel founded Millennium 3 Capital in 2000, a venture firm specializing in early stage companies, and served as Chairman until 2009. Prior to that, he served as Vice Chairman of ING Barings Furman Selz and Chief Operating Officer of Furman Selz. Prior to Furman Selz, Mr. Fraenkel spent seven years at Lehman Brothers, where he was a Managing Director and Director of Global Research. Prior to Lehman Brothers, Mr. Fraenkel was Chairman and Chief Executive Officer of Market America Group, an investment advisory firm. He also spent four and a half years as Director of Equity Research and a member of the Board of Directors at Prudential Securities. Mr. Fraenkel began his Wall Street career in 1974 as a securities analyst with Goldman Sachs and was Chief Investment Strategist for E.F. Hutton in 1982.

Mr. Fraenkel received a B.S. in Economics and Finance from Lehigh University and an M.B.A. from the Wharton School,University of Pennsylvania. He is past Chairman of the Board of Advisors of the College of Business and Economics of Lehigh University. Mr. Fraenkel was also a member of Barron’s year-end roundtable from 1982-1985.

John Holmes
Chief Operating Officer
Cowen Group, Inc.

Mr. Holmes serves as Chief Operating Officer of Cowen Group. Previously, Mr. Holmes was Chief Administrative Officer after serving as the Head of Technology and Operations at Cowen Group following the merger between Cowen and Company and Ramius. Mr. Holmes joined Ramius in June 2006 as Global Head of Operations.

Prior to joining Ramius, Mr. Holmes was Global Head of the Equity Product Team at Bank of America Securities. Mr. Holmes has also held senior operations management positions at Deutsche Bank, Credit Lyonnais and Kidder Peabody. His experience includes treasury, foreign exchange, equity, fixed income & derivative operations.

Mr. Holmes is NASD licensed as a General Securities Representative, General Securities Principal and a Financial & Operations Principal.

Stephen A. Lasota
Chief Financial Officer
Cowen Group, Inc.

Mr. Lasota serves as Chief Financial Officer of Cowen Group, Inc. Mr. Lasota was appointed Chief Financial Officer in November 2009. Prior to the consummation of the transactions that formed Cowen Group, Inc. in 2009, Mr. Lasota was a Managing Director and Chief Financial Officer of Ramius LLC. Mr. Lasota joined the firm in November 2004 as the Director of Tax and was appointed Chief Financial Officer in May 2007.

Prior to joining Ramius LLC, Mr. Lasota was a Senior Manager at PricewaterhouseCoopers LLP.

Owen Littman
General Counsel
Cowen Group, Inc.

Mr. Littman serves as the General Counsel and Secretary of Cowen Group, Inc. In such capacity, Mr. Littman is responsible for overseeing all aspects of legal and compliance for Cowen Group, Inc. Mr. Littman joined Ramius LLC in October 2005 as its senior transactional attorney, becoming the General Counsel of Ramius LLC in February 2009 and the General Counsel of Cowen Group, Inc. in July 2010. From September 1997 to October 2005, Mr. Littman was an associate in the Business and Finance Department of Morgan, Lewis & Bockius LLP, where he represented public and private companies in various corporate transactions, including public offerings, private placements, mergers and acquisitions and private equity transactions. Mr. Littman also represented underwriters in initial public offerings of securities.

Mr. Littman received a B.A., cum laude, in Public Policy and Economics from Duke University in 1994 and a J.D. from New York University School of Law in 1997.

Michael Boxer
Head of Real Estate
RCG Longview

Mr. Boxer is a Managing Director and Head of Real Estate for Ramius, a Cowen Group Company and is a Managing Partner of RCG Longview. Mr. Boxer has been responsible for Ramius’ real estate related investments since 1994, its year of formation and is a member of the RCG Longview Investment Committee.

Mr. Boxer represents Ramius in its real estate investment activities including investments in mortgages, tax liens, direct acquisitions and development as well as its indirect ownership of the general partners to the RCG Longview Debt and Equity funds. Before joining Ramius, Mr. Boxer negotiated and structured the disposition of real estate and real estate related assets on behalf of institutional lenders at Victor Capital Group. While at Victor Capital, Mr. Boxer also assisted clients in the identification, pricing, negotiation and acquisition of assets from the RTC and the FDIC. Mr. Boxer began his career as a real estate attorney and practiced at Shea & Gould until 1993, where he represented owners and lenders in the structuring and consummation of real estate development, leasing and financing transactions. Mr. Boxer is on the Boards of Directors of the Randall’s Island Sports Foundation and I.D.E.A.S. Inc.

Mr. Boxer holds a Bachelor of Arts degree from Franklin & Marshall College and a JD from New York University School of Law.

Daniel Charney
Head of Equities
Cowen and Company

Mr. Charney joined Cowen and Company from Jefferies where he most recently served as Managing Director and Head of Global Electronic Trading Services as well as Head of U.S. Salestrading. Before joining Jefferies, Mr. Charney was a Managing Director and head of West Coast equity distribution at UBS Securities and he held various other positions in the financial services sector earlier in his career.

He has a Bachelor of Arts from the University of Pennsylvania and an MBA from the Haas School of Business at University of California Berkeley.

Robert Fagin
Head of Research
Cowen and Company

Robert Fagin is Head of Research at Cowen and Company. He joined Cowen from Jefferies, where he was Co-Head of U.S. Equity Research and the global coordinator of Technology, Media and Telecom (TMT) Research.

Prior to joining Jefferies, Robert was the president of Darga Consulting, which provides strategic consulting services to high- profile private companies, including business planning, capital introduction, M&A analysis, and board constitution, and served on a variety of private company boards, such as Brightwire.

Before founding Darga, Robert was a managing director in Bank of America’s equity research department for five years, where he had senior managerial responsibilities including management of the firm’s TMT, financials, and energy research practices. He also established Bank of America’s Taiwan-based TMT equity research effort.

Prior to coming to Bank of America, Robert was a senior equity research analyst at Bear Stearns, where he was responsible for stock coverage of the Internet Infrastructure Services sector (1999 –2002) and U.S. telecommunications sector (2002 –2004). He was recognized as a member of Institutional Investor’s All-America Research Team for coverage of both sectors and was named by Forbes/Starmine as one of the top 5 earnings estimators in the US across all industries. Robert’s equity research experience also includes three years as an analyst at Oppenheimer, where he covered software stocks.

Before his Wall Street career, Robert was a research analyst at IDC, the world’s leading technology market research firm, and before that worked in the National market analysis group of Coopers & Lybrand (now PricewaterhouseCoopers), where he was responsible for analyses of high- technology clients and potential clients, and supported consulting engagements and due diligence for several large M&A transactions in technology sector. At Coopers he also served as a member of the firm’s 8-person national technology planning team.

Kevin Raidy
Head of Investment Banking
Cowen and Company

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.

Bryan Seyfried
Head of Credit
Cowen and Company

Mr. Seyfried is Managing Director and Head of Credit for Cowen and Company. Mr. Seyfried previously served as Cowen Group’s Head of Strategy. Before joining Cowen, he was with Dresdner Kleinwort where he served as the Head of Capital Markets in North and South America. During his tenure, he built the proprietary credit trading business as well as the North American credit and structured credit origination, sales and trading business. He was also a member of the Executive Committee, Americas Management Committee. Prior to Dresdner Kleinwort, he was with Enron where he built and managed Enron Credit, Enron’s proprietary credit investment and trading platform based in London. Previously, he was a risk management consultant with Price Waterhouse and worked at Goldman Sachs’ Quantitative Strategies and Risk Management unit.

Mr. Seyfried holds a BA in Applied Mathematics from Wabash College and an MBA in Finance from Tulane University’s Freeman School of Business.