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David M.V. Barnes Joins Cowen’s Financial Sponsor Coverage Team

Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that David M.V. Barnes has joined Cowen’s Investment Banking Team as a
Managing Director in the Financial Sponsor Coverage Group. Mr. Barnes is
based in Cowen’s San Francisco office and is responsible for developing
and maintaining long-term relationships with middle market and mid-cap
private equity firms. Mr. Barnes comes to Cowen with a deep
understanding of the private equity community and vast industry-specific
knowledge that will further enhance Cowen’s comprehensive debt, equity
capital market and mergers and acquisitions expertise.

“I am thrilled that David has joined Cowen’s Sponsor Coverage team as
his impressive background and investment banking experience will
complement Cowen’s client-centric vision,” said Kevin Raidy, Head of
Investment Banking. “David also has a wealth of knowledge in the
financial sponsor sector and he is uniquely qualified to offer
thoughtful and strategic advice to Cowen’s private equity clients.”

Prior to joining Cowen, Mr. Barnes was a Managing Director at Houlihan
, where he was the architect and co-founder of the Financial
Sponsor and Hedge Fund Coverage groups. Mr. Barnes has over 25 years of
investment banking experience, which includes Vice President in charge
of Mergers & Acquisitions at Protection One, Senior Manager at Coopers &
Lybrand Securities
, as well as principal investing experience associate
at Brentwood Associates and Hancock Park Associates. Mr. Barnes began
his finance career with Morgan Stanley. Mr. Barnes graduated with honors
from Harvard with a Bachelor of Arts degree in Economics and Sociology
and received his Masters of Business Administration (MBA) from UCLA.

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 and prime brokerage
services 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 York and has offices worldwide. For additional
information, visit

Source: Cowen Inc.

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