Kevin Raidy Named Managing Partner of Cowen Healthcare Investments
Strategy Focused on Investing in
Companies
Newly Established Investment Platform Expands Cowen’s Leading
Position in Healthcare
been named Managing Partner of Cowen Healthcare Investments. Cowen
Healthcare Investments makes mid-to-late stage investments into
innovative private biopharmaceutical and healthcare companies. The
private healthcare investment strategy is the latest capability to be
launched by the firm’s investment management division,
Management
partner to all of us at Cowen and he will continue to be one in this new
role. He has always had a keen ability to see the white space and create
new business opportunities that leverage the collective strengths of the
organization. In addition to leading the transformation of our
investment banking platform, Kevin identified an opportunity to invest
in private healthcare companies and led the creation of a new investment
capability that has already become an important contributor to our
franchise. We are excited for Kevin to take on this new role even as he
continues to be an important partner and contributor to the overall
success of the Company.”
of Cowen, added, “Our newest investment capability, private healthcare
investing, is a natural outgrowth of Cowen’s industry leading healthcare
franchise in research and investment banking. We are thrilled to be in a
position to institutionalize this strategy. Kevin possesses unique
industry knowledge that we believe will drive investment performance for
our clients.”
“Cowen’s healthcare platform sits at the nexus of one of the most
complex and dynamic sectors, providing Cowen Healthcare Investments with
a robust ecosystem for sourcing investment opportunities. Combined with
Kevin’s extensive experience with many private and public healthcare
companies, we believe this proprietary Cowen strategy offers investors a
differentiated approach to healthcare investing.”
Biographies:
Mr. Raidy is Managing Partner of Cowen Healthcare Investments.
Previously, Mr. Raidy served as Cowen’s Head of Investment Banking and
as Co-Head of the equity capital markets group, which is responsible for
the origination and execution of all equity capital-raising
transactions. Before that, he was a Managing Director at
where he was portfolio manager for direct investments and convertible
bonds, managing a portfolio in excess of
the founder of
includes ten years at
investment banking firm that he co-founded, where he was responsible for
sourcing, evaluating, and structuring numerous debt and equity
financings and also performed M&A advisory services. Prior to founding
Shipley Raidy, Mr. Raidy was an Associate at
He started his career at Cantor Fitzgerald before moving to
Lynch as an Analyst in the municipal finance group. Mr. Raidy holds a BS
in Economics with a concentration in Finance from the
the University of Pennsylvania
About
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:
alternative investment segment, while
FINRA and
segment.
management solutions to a global client base and manages a significant
portion of Cowen’s proprietary capital.
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
York
View source version on businesswire.com: http://www.businesswire.com/news/home/20171101005709/en/
Source:
Media:
Cowen
Lynda Caravello, 646-562-1676
lynda.caravello@cowen.com
or
Gagnier
Communications
Dan Gagnier, 646-569-5897
dg@gagnierfc.com