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Cowen Expands Technology and Industrials Investment Banking Teams

Cowen Group, Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today
announced that Todd Coleman and Kevin S. Manning have joined Cowen and
Company’s investment banking team as a Managing Directors. Mr. Coleman
focuses on semiconductors, semiconductor equipment and general
electronics and Mr. Manning focuses on diversified industrials. Mr.
Coleman is based in New York, and Mr. Manning is based in Chicago.

“Todd and Kevin are highly skilled bankers whose relationships and
transactional experience will further accelerate the successes of our
technology and industrials practices,” said Kevin Raidy, Head of
Investment Banking. “Todd has extensive experience in a wide array of
sectors, such as technology, clean tech and industrial technology. Kevin
has many years of experience advising a broad range of industrials
clients and will expand our industrials and private equity client
footprint in the Midwest. Their proven track record of accomplishments
in financings and advisory assignments are an excellent complement to
our platform.”

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 equity stakes,
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


Todd Coleman

Mr. Coleman is a Managing Director in Cowen’s TMT investment banking
group. Mr. Coleman brings more than 20 years of investment banking
experience and has advised on more than a 100 transactions in equity,
debt and M&A advisory. Prior to joining Cowen, Mr. Coleman was with
Piper Jaffray where he spent six years as a Managing Director in its
clean tech and industrial technology investment banking groups.
Previously, he was with Jefferies in the TMT and clean tech investment
banking groups. Mr. Coleman was also a mergers & acquisitions banker
focused on technology hardware at Robertson Stephens. Mr. Coleman
received a BA in English from Bates College.

Kevin S. Manning, CPA

Mr. Manning is a Managing Director in Cowen’s Industrials investment
banking group. Mr. Manning brings 15 years investment banking experience
covering the industrials space. Most recently, Mr. Manning was with BMO
Capital Markets
as a Managing Director in the Industrials group. Before
that, he was a Managing Director at Deutsche Bank Securities where he
served in a similar capacity. Prior to that, he was with Banc of America
. Mr. Manning began his career at Arthur Andersen. Mr. Manning
has a BBA from the University of Michigan and an MBA from Columbia
Business School

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, sales and trading and prime
brokerage services through its two business segments: Ramius 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. 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, 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

Source: Cowen Group, Inc.

Cowen Group, Inc.
Gagnier Communications
Gagnier, 646-569-5897