Michael Singer Joins Ramius as Chief Executive Officer
(“Cowen”) (NASDAQ: COWN), today announced that
Ramius as Chief Executive Officer reporting to
Mr. Singer will be responsible for overseeing and managing the
day-to-day operations of Ramius.
Ramius and Vice-Chairman of
global relationships and partnerships in the asset management business.
said, “We are very pleased to have Michael join us as we accelerate the
build out of the Ramius platform. Michael has an exceptionally strong
and diverse background in alternative asset management, and he will
focus on expanding our current suite of products and broadening our
platform with new strategies and teams. Tom will dedicate his time on
further developing the Firm’s strategic relationships, distribution
channels and client management and work with me in advancing the
development of our quantitative trading group.”
the last few years, from its historic multi-strategy approach to
investing in a series of discrete strategies requiring very specific
expertise which are relevant to the investment environment as we see it
today. As the industry has changed, Ramius responded to client demands
for customized investment solutions and portfolio construction. We also
continue to be a leader within the industry in creating products and
solutions that deliver increased liquidity and transparency. Our goal is
to continue to respond and adapt to the needs of our clients and to
develop alternative investing solutions that create truly diversified
and risk-adjusted portfolios.”
has a reputation for its talented investment teams, innovative products,
outstanding client service and strong culture. The Ramius platform,
offering a diverse array of liquid and illiquid alternative products,
presently has core capabilities in credit, deep value equity, real
estate, healthcare, risk arbitrage, systematic investing and hedge fund
solutions. I look forward to working with the Ramius team to develop
core and niche products, incubate new teams and offer solutions to our
clients in meeting their investment goals.”
Since the company’s founding in 1994, Ramius has grown into an
alternative asset manager with more than
management, with offices in key financial centers around the world.
Prior to joining Ramius,
Alternative Investments at Third Avenue Management. In that role Mr.
Singer was responsible for overseeing the development of Third Avenue’s
alternative products business.
Before that, Mr. Singer was Co-President of Ivy Asset Management, a Fund
of Hedge Funds business with over
Singer established Ivy’s strategic plan and ran the firm’s day to day
Mr. Singer began his career at
years and served as Senior Managing Director overseeing day to day
operations, new product development, client relationship management,
hedge fund sales and marketing and risk functions.
Mr. Singer received a Bachelor of Science degree in accounting with
University School of Law
with its consolidated subsidiaries, provides alternative investment,
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
broker-dealer segment. Its alternative investment products, solutions
and services include hedge funds, replication products, managed futures
funds, fund of funds, real estate and health care royalty funds.
growth-oriented companies, domain knowledge-driven research and a sales
and trading platform for institutional investors. Founded in 1918, the
firm is headquartered in
financial centers around the world.
Ramius, the global alternative investment management business of
institutions and private clients worldwide. Founded in 1994, Ramius and
asset classes and investing styles. A significant portion of Cowen’s
proprietary capital is managed by Ramius in strategies alongside its
Sard Verbinnen & Co
Dan Gagnier/Carissa Ramirez, 212-687-8080