Cowen Group Announces Executive Appointment
Jeffrey M. Solomon Named President of
Remains Chief Executive Officer of
M. Solomon
retain the title of Chief Executive Officer of
continuing to oversee all of Cowen and Company’s businesses, including
investment banking, sales and trading and research.
“Jeff has played an integral role in the building of Ramius since its
founding in 1994 and the integration and rebuilding of
since he became CEO of that business in 2011,” said
Chief Executive Officer of
substantial progress and we are well positioned to accelerate our growth
in areas where we can truly excel. Jeff’s new role is in recognition of
the role he has played in reshaping
in putting together the appropriate management structure to drive that
growth profitably.”
Since
Previously, he held the titles of Chief Operating Officer of
and Head of Investment Banking at
Cowen – Ramius business combination, Mr. Solomon was a Managing Member
of Ramius, having joined the firm when it was founded in 1994. During
his 15 year tenure at Ramius, Mr. Solomon was responsible for the
development, management and oversight of a number of the investment
strategies employed by Ramius.
About
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
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.
and Company
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
Source:
Sard Verbinnen & Co
Dan Gagnier/Carissa Felger
212-687-8080