Alternative Energy Analyst Jeffrey Osborne Joins Cowen’s Equity Research Department

Cowen Group, Inc. (“Cowen”) (NASDAQ: COWN) today announced that Jeffrey
has joined Cowen and Company’s Equity Research department as a
Managing Director to cover the Alternative Energy sector. Mr. Osborne,
based in New York, reports to Robert Fagin, Cowen’s Director of Research.

“Jeff is known for his detailed analysis and deep technical
understanding of the alternative energy sector,” said Mr. Fagin.
“Clients depend on Jeff’s insight into the fast-paced world of
alternative energy and clean technology. His long tenure covering this
sector on the buy-side and sell-side provide unparalleled perspective.”

Mr. Osborne joins Cowen from Stifel Financial Corp. (formerly Thomas
Weisel Partners
), where he spent seven years covering alternative
energy, clean technology, industrials and environmental services stocks.
Prior to this, he was in CIBC World Markets’ equity research group where
he covered technology and alternative energy stocks. Before to his move
to sell-side equity research, Jeff was an analyst focused on technology
and telecommunications stocks at Munder Capital Management in
Birmingham, Michigan. Mr. Osborne holds a Bachelor of Science degree in
business administration and economics from Trinity University and an MBA
from Wayne State University.

About Cowen Group, Inc.

Cowen Group, Inc. is a diversified financial services firm and, together
with its consolidated subsidiaries, provides alternative asset
management, investment banking, research, and sales and trading services
through its two business segments: Ramius and its affiliates make up the
Company’s alternative investment segment, while Cowen and Company and
its affiliates make up the Company’s broker-dealer segment. Ramius
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 and a
sales and trading platform for institutional investors. Founded in 1918,
the firm is headquartered in New York and has offices worldwide.

Source: Cowen Group, Inc.

Sard Verbinnen & Co
Dan Gagnier/Carissa Felger

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