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Lisa Thomas Joins Cowen’s Equity Research Department as Associate Director of Research

Cowen Group, Inc. (“Cowen”) (NASDAQ:COWN) today announced that Lisa
has joined Cowen and Company’s equity research department as a
Managing Director and Associate Director of Research. Ms. Thomas is
based in New York and reports to Robert Fagin, Cowen’s Director of

“I have known Lisa for over a decade and have enormous respect for her
talents and professionalism,” said Mr. Fagin. “I could not be more
thrilled to have her on board to help drive our next wave of growth and

Ms. Thomas joins Cowen from Nomura Securities, where she was Associate
Director and COO of U.S. Equity Research. Prior to that, she was
Assistant General Counsel and then Associate Director of U.S. Equity
at Bank of America Merrill Lynch. Ms. Thomas began her career
as an M&A and securities attorney at Shearman & Sterling LLP and
Covington & Burling LLP. She completed her BA at McGill University,
where she also earned an LL.B. (J.D.) degree, and holds an MBA from
Columbia University.

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, and sales and trading services
through its two business segments: Ramius and its affiliates make up the
Company’s alternative investment segment, while Cowen and Company 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.

Source: Cowen Group, Inc.

Sard Verbinnen & Co
Dan Gagnier/Carissa Felger