Ramius Announces Partnership with Caerus Investors

NEW YORK–(BUSINESS WIRE)–Aug. 20, 2015–
Ramius LLC (“Ramius”), the global investment management business of
Cowen Group, Inc. (“Cowen”) (Nasdaq:COWN), today announced a partnership
with Caerus Investors (“Caerus”). Caerus will join the Ramius
alternative investment platform, enabling it to enhance its operations
and accelerate the marketing of its fundamental, consumer-focused
long/short equities strategy.

Headquartered in New York, Caerus is led by Founder and Chief Investment
Officer Ward Davis and Managing Partner and Co-Portfolio Manager Brian
Agnew. Mr. Davis was one of three founding partners at Trivium Capital
Management, where he co-managed $940 million and oversaw all
consumer-focused equities investments. He was also a Managing Director
at Chilton Investment Company, where he headed the Consumer Team. Brian
Agnew, Caerus Global Managing Partner and Co-Portfolio Manager, was
previously a Portfolio Manager at JP Morgan’s Proprietary Equities Fund,
and Executive Director at Stadia Capital.

Michael Singer, Chief Executive Officer of Ramius, said, “Ward, Brian
and their team have an impressive track record managing consumer focused
long/short equity portfolios. We are excited to partner with them and
accelerate their growth. Ward and Brian have clearly shown the ability
to generate outstanding risk adjusted returns, and their strategy
resonates with the needs of our global base of clients.”

Mr. Davis said, “Partnering with Ramius allows our team to focus on its
core investment mission while Ramius provides the sales and operational
support that will help us achieve our growth ambitions. We look forward
to working with Ramius to provide investors with our differentiated,
consumer-focused, absolute return strategy.”

About Ramius LLC

Ramius LLC is an alternative investment manager with $13.2 billion in
assets under management as of July 1, 2015, offering innovative products
and solutions across the liquidity spectrum to institutional and private
clients. Ramius currently offers capabilities in healthcare royalties,
event driven equity, global macro, activism, customized alternative
solutions, real estate, event credit and managed futures. Ramius
attracts talented investment teams as partners, providing seed and
working capital, an institutional infrastructure, proven sales &
marketing and industry know-how to build sustainable investment
businesses.

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 and a
sales and trading platform for institutional investors. Founded in 1918,
the firm is headquartered in New York and has offices worldwide.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150820005246/en/

Source: Cowen Group, Inc.

Cowen Group, Inc.
Media:
Sard Verbinnen & Co
Dan
Gagnier/Carissa Felger
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