Software Analyst Derrick Wood Joins Cowen’s Equity Research Department

Cowen Group, Inc. (“Cowen”) (NASDAQ:COWN) today announced that J. Derrick Wood has joined Cowen and Company’s Equity Research department
as a Managing Director and senior software analyst. Mr. Wood is based in
San Francisco and reports to Robert Fagin, Cowen’s Director of Research.

“With over 16 years of experience, Derrick is a highly respected voice
in the software community,” said Mr. Fagin. “His deep client and
corporate relationships and insightful research are a welcome addition
to Cowen’s strong technology research franchise.”

Mr. Wood joins Cowen from Susquehanna International Group, where he
focused on coverage of enterprise software since 2010. Prior to that, he
held similar roles at Wedbush Securities and Pacific Growth Equities.
Mr. Wood is a graduate of University of California, Davis where he
earned a B.A. in Economics. He is also a CFA® charterholder.

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. For additional
information, visit

Source: Cowen Group, Inc.

Sard Verbinnen & Co
Dan Gagnier/Carissa

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