NEW YORK – May 15, 2019 – Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Thomas Masterson, III has joined Cowen Prime Services LLC’s sales team as a Managing Director reporting to Jack Seibald and Michael Rosen, Co-Heads of Prime Brokerage and Outsourced Trading. Mr. Masterson, an experienced prime brokerage professional, will be based in Dallas, TX, leading the firm’s business development effort in the Southwest and Central states.

Masterson said, “I am excited to join the Cowen team and look forward to working with my new colleagues to further extend the reach of the firm’s global prime brokerage offering, its distinguished outsourced trading solution, and investor-oriented capital introduction program throughout the vast region I’ve called home for a very long time.”

Jack Seibald, Managing Director, said, “Thomas is a terrific addition to Cowen’s team. He not only brings a wealth of prime brokerage experience acquired from both introducing and bulge bracket firms, but also an exceptional reputation with investment managers and other industry service providers for the service he’s delivered to his clients.”

“The Southwest, and Texas in particular, is a key territory in our growth plan, and we believe Thomas’ considerable experience and qualifications make him the right person to represent our firm’s prime brokerage and outsourced trading offerings in the region,” said Michael Rosen, Managing Director.

About Cowen Prime Services LLC
Cowen Prime Services LLC offers a comprehensive suite of prime brokerage, outsourced trading and capital introduction services to investment managers with an array of solutions that are highly scalable and customizable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to unburden our clients of their operating responsibilities and allow them to focus on their core competencies – investing. Our offering features US prime brokerage, international prime brokerage, electronic and high-touch execution, a full outsourced trading solution, commission management, financing and stock loan, middle and back office support, pre and post trade compliance, capital introduction, new launch consulting, and portfolio and risk analytics. The firm is a registered broker dealer and investment advisor with the SEC, and is a member of FINRA, NFA and SIPC. Cowen Prime Services’ solutions are offered internationally through the firm’s UK based affiliate, Cowen International Limited, which is authorized and regulated by the Financial Conduct Authority (FCA) in the UK.

For additional information, visit: www.cowen.com/capabilities/prime-services/

About Cowen Inc.
Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm that operates through two business segments: a broker dealer and an investment management division.  The Company’s broker dealer division offers investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing and commission management services.  Cowen’s investment management segment offers actively managed alternative investment products.  Cowen Inc. focuses on delivering value-added capabilities to our clients in order to help them outperform.  Founded in 1918, the firm is headquartered in New York and has offices worldwide. Learn more at Cowen.com.

© 2019 Cowen Prime Services LLC Member FINRA/SIPC. All Rights Reserved

Media Contacts:
Cowen
Lynda Caravello
646-562-1676
lynda.caravello@cowen.com

Gagnier Communications
Dan Gagnier
646-569-5897
dg@gagnierfc.com