Ramius to Partner in Japan with GreensLedge Capital Markets
NEW YORK–(BUSINESS WIRE)– Ramius LLC, the global alternative investment management business of Cowen Group, Inc (“Cowen”) (COWN), today announced that it is partnering in Japan with GreensLedge Capital Markets LLC and its affiliate GreensLedge Asia Limited (collectively, “GreensLedge”).
In September 2010, GreensLedge established GreensLedge Asia Limited in Tokyo to provide advisory and institutional services to the Asian markets with an initial focus on Japan. GreensLedge Asia was created in partnership with Iku Nishino, who most recently served as J.P. Morgan’s Head of Fixed Income Sales in Japan.
Ramius has been engaged with Japanese investors since 2002 on a variety of its alternative products. This has been inclusive of direct relationships with leading institutional investors as well as private placements and co-branded funds for distribution through prominent financial intermediaries. Ramius has determined that a partnership with GreensLedge will enable it to maintain and develop its longstanding presence in the Japanese institutional marketplace. Through the partnership with GreensLedge, Ramius will continue to offer high-quality client service to its existing institutional client base and leverage GreensLedge’s deep relationships for its new business development efforts in Japan.
Thomas W. Strauss, President and CEO of Ramius said, “We are very pleased to be partnering with GreensLedge and look forward to working with them, as their strong local presence and expertise in the industry will give Ramius a more efficient and targeted platform for growth, product introduction and client service.”
“We are grateful that Ramius chose GreensLedge as their partner in Japan and are excited for the opportunity to work with such a respected firm,” said Iku Nishino, Co-Founder and Managing Director of GreensLedge Asia. “As institutional investor interest in alternative investments accelerates in Japan, this partnership will assist Ramius in meeting Japanese client demands in both product and service.”
About Cowen Group, Inc.
Cowen Group, Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative investment 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 management segment, while Cowen and Company is its broker-dealer segment. Ramius’ alternative investment management products, solutions and services include hedge funds, replication products, managed futures funds, fund of funds, real estate funds, health care royalty funds and cash management services. Cowen and Company offers 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 located in major financial centers around the world.
About Ramius LLC
Ramius, the global alternative investment management business of Cowen Group, Inc., offers a broad range of investment solutions to institutions and private clients worldwide. Founded in 1994, Ramius and affiliates manage $11.5 billion (as of July 1, 2012) across multiple asset classes and investing styles. A significant portion of Cowen’s proprietary capital is managed by Ramius in strategies alongside our clients.
About GreensLedge Capital Markets LLC
GreensLedge is an independent investment banking firm focused on the global structured finance and alternative investment marketplace. The firm offers advisory and related transactional services to issuers, investors and other institutional market participants worldwide. GreensLedge Capital Markets LLC is a U.S. registered broker-dealer and GreensLedge Asia Limited, Tokyo Branch is a fully-licensed broker-dealer in Japan. For more information, please visit http://www.greensledge.com/.
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Dan Gagnier/Carissa Ramirez, 212-687-8080