Drew Forman and Evan Karp Join Cowen’s Derivatives Sales and Trading Team
October 12 2017 - 10:55AM
Business Wire
Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today
announced that Drew Forman, Managing Director, Head of Derivatives
Sales and Trading and Evan Karp, Director of Derivatives Sales and
Trading, recently joined Cowen’s Derivatives Sales and Trading
team. Mr. Forman and Mr. Karp are responsible for further expanding
Cowen’s institutional derivatives capabilities and report to Kyle
Solomon, Managing Director of Alternative Equity Strategies.
“I am pleased to welcome Drew and Evan to Cowen as they both
bring a strong and unique background in macro and single stock
derivatives while fully complementing our existing culture and
corporate values,” said Kyle Solomon. “Adding Drew and Evan to the
team is testament to Cowen’s commitment to further increase the
firm’s presence in derivatives.”
Cowen’s Derivatives Sales and Trading team help clients develop
and implement customized option strategies while actively using
firm capital to help keep markets consistent. In addition to being
active in derivatives, Cowen is a top U.S. broker in cash equities,
a leading venue neutral electronic trading partner and offers
industry focused investment banking for growth-oriented
companies.
Prior to joining Cowen, Mr. Forman was Managing Partner, Co-Head
of Sales and Trading at Macro Risk Advisors (MRA) where he helped
run the firm’s trading desk. Before joining MRA in 2012, Mr. Forman
was a senior derivatives trader at Nomura Securities. In addition,
he previously worked as a derivatives trader at JP Morgan during
which time he was named a "Top 30 Under 30 Trader" by Traders
Magazine. He holds a Bachelor of Science degree in Physics
from Yale where he was graduated cum laude.
Mr. Karp most recently worked as a Sales Trader at Macro Risk
Advisors (MRA) where he served as an execution touchpoint in the
areas of index and equity options as well as cash and ETF products.
Prior to working at MRA, Mr. Karp worked in Institutional Equity
Sales at BMO Capital Markets and was also a Sales Executive at SNL
Financial. He holds a Bachelor of Business Administration from
Emory University.
About Cowen Inc.
Cowen Inc. is a diversified financial services firm and,
together with its consolidated subsidiaries, provides alternative
asset management, investment banking, research, sales and trading,
prime brokerage, global clearing and commission management through
its two business segments: Cowen Investment Management and its
affiliates make up the Company’s alternative investment segment,
while Cowen and Company, a member of FINRA and SIPC, and its
affiliates make up the Company’s broker-dealer segment. Cowen
Investment Management provides alternative asset management
solutions to a global client base and manages a significant portion
of Cowen’s proprietary capital. Cowen 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 www.cowen.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171012005945/en/
Media:Cowen Inc.Lynda Caravello,
646-562-1676lynda.caravello@cowen.comorGagnier CommunicationsDan
Gagnier, 646-569-5897dg@gagnierfc.com
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