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Ann M. Miller Joins Cowen’s Special Situations Team

Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Ann M. Miller has joined Cowen’s Investment Banking team as a Director
in the Special Situations Group. Ms. Miller is based in Cowen’s New York
corporate headquarters and joins the firm with expertise in the
public and private company sectors, working in both distressed and
traditional M&A assignments. In her new role, Ms. Miller is responsible
for both executing mandates and obtaining new mandates with new and
existing clients. In addition, she is also responsible for client
management relating to all of the Special Situations service offerings.

“I am very happy Ann has joined Cowen’s Investment Banking Special
Situations team as her professional background will enable the firm to
leverage her areas of expertise and maximize the opportunities in the
sector,” said Lorie Beers, Cowen Managing Director and Head, Special
Situations. “Furthermore, Ann’s broad range of experience includes
managing a variety of investment banking engagements, including Chapter
11 restructurings, debt for equity exchanges, mergers and acquisitions
and divestiture assignments, strategic alternative analyses, fairness
and solvency opinions and valuations.”

“Ann is a welcome addition to Cowen’s Investment Banking team and her
knowledge and experience will be tremendously beneficial to our clients
as the firm further expands its global capabilities in this important
sector,” said Kevin Raidy, Head of Investment Banking.

Prior to joining Cowen, Ms. Miller worked as a Director for Houlihan
in its Financial Restructuring practice and also previously worked
as a Strategic Consultant and Valuation Advisor at EY. Ms. Miller holds
her Bachelor of Business Administration (BBA) in Finance from the
University of Wisconsin-Madison and received her Masters of Business
Administration (MBA) from the University of Chicago. She also holds the
designation of Chartered Financial Analyst.

Cowen’s investment banking professionals bring tailored solutions and
unbiased advice to corporate clients rather than leading with a product
first approach. Cowen has demonstrated expertise with growth companies
in debt and equity capital raising as well as merger and acquisitions,
cross-border transactions, shareholder activist situations and takeover
defenses. Cowen’s core sectors include: health care, TMT, information
and technology services, consumer, industrials, energy and

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
and has offices worldwide. For additional information, visit

Source: Cowen Inc.

Cowen Inc.
Lynda Caravello, 646-562-1676
Dan Gagnier, 646-569-5897