Cowen Prime Services Wins Global Custodian Industry Leaders Awards
December 14 2020 - 7:30AM
Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced
that its Prime Services Division, has been named “Prime Broker of
the Year” and “Best Prime Brokerage, Financing” at the 2020 Global
Custodian Industry Leaders Awards. The Global Custodian Industry
Leaders Awards represent the culmination of the publication’s
annual Prime Brokerage Survey of fund managers that was conducted
earlier this year, and highlight the achievements of the fund
service providers through what has been a difficult operating
environment caused by the pandemic.
“We are thrilled to finish the year with these two awards as
they acknowledge the exceptional service we strive to provide to
our clients each and every day,” said Jack D. Seibald, Managing
Director and Global Co-Head of Prime Brokerage and Outsourced
Trading at Cowen. “Being held in such high regard by our clients
and ranking among such a distinguished group of service providers
motivates us to maintain our service commitment heading into 2021.
We are grateful to our clients and Global Custodian for this
recognition and extend our appreciation to our global prime
brokerage team for their continued hard work during such an
unprecedented year.”
Michael Rosen, Managing Director and Global Co-Head of Prime
Brokerage and Outsourced Trading, added, “The commendation from
Global Custodian serves as a clear testament to Cowen’s dedication
to providing high-quality service, differentiated solutions and
operational excellence for our customers. As a trusted partner to a
variety of clients - including well-established funds and family
offices to newly-launched managers of all sizes - we are proud of
the important role our team plays as we help them meet their
goals.”
About Cowen Prime Services LLCCowen Prime
Services LLC offers a comprehensive suite of prime brokerage,
outsourced trading and capital introduction services to investment
managers with an array of solutions that are highly scalable and
customizable. The firm was built by former investment managers to
serve hedge fund managers, managed account platforms, institutional
investors, family offices, and registered investment advisors with
turn-key solutions designed to unburden our clients of their
operating responsibilities and allow them to focus on their core
competencies – investing. Our offering features US prime brokerage,
international prime brokerage, electronic and high-touch execution,
a full outsourced trading solution, commission management,
financing and stock loan, middle and back office support, pre and
post trade compliance, capital introduction, new launch consulting,
and portfolio and risk analytics. The firm is a registered broker
dealer and investment advisor with the SEC, and is a member of
FINRA, NFA and SIPC. Cowen Prime Services’ solutions are
offered internationally through the firm’s UK based
affiliate, Cowen International Limited, which is authorized
and regulated by the Financial Conduct Authority (FCA) in
the UK.
For additional information,
visit: www.cowen.com/capabilities/prime-services/
About Cowen Inc.Cowen Inc. (“Cowen”
or the “Company”) is a diversified financial services firm that
operates through two business segments: a broker dealer and an
investment management division. The Company’s broker dealer
division offers investment banking services, equity and credit
research, sales and trading, prime brokerage, global clearing and
commission management services. Cowen’s investment management
segment offers actively managed alternative investment products.
Cowen Inc. focuses on delivering value-added capabilities to
our clients in order to help them outperform. Founded in
1918, the firm is headquartered in New York and has
offices worldwide. Learn more at Cowen.com.
Media Contact:Gagnier CommunicationsDan
Gagnier646-569-5897dg@gagnierfc.com
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