NEW YORK--(BUSINESS WIRE)--Cowen Group, Inc. (“Cowen”) (NASDAQ: COWN) today announced that Keith Kurzner and Kyle Solomon have joined the firm as Managing Directors and Co-Heads of Institutional Options and Event Driven Strategies. In their roles, Messrs. Kurzner and Solomon will be responsible for growing the firm’s presence in institutional options and launching the Event Driven Strategies Group, which will include both equity and options sales and trading. They will be based in New York and will report to Tom O’Mara, Cowen’s Head of Institutional Derivatives.
“We are delighted to welcome Keith and Kyle to Cowen,” commented Tom O’Mara. “Both of these professionals have deep expertise and experience with the institutional options product, and their leadership will prove very helpful in our ongoing efforts to enhance this area of Cowen’s sales and trading platform. We are also very excited to add the event strategies capability, which we believe will augment our existing business and allow us to serve a new set of clients as well.”
Mr. Kurzner and Mr. Solomon, who have been business partners for 17 years, recently worked at RBC Capital Markets and, prior to that, at CIBC/Oppenheimer, where they were responsible for establishing and leading similar businesses. Joining them to help build the effort is a senior team which includes sales trading, trading and Event analysis.
About Cowen Group, Inc.
Cowen Group, Inc. is a leading diversified financial services firm providing alternative investment management, investment banking, research, and sales and trading services through its business units, Ramius and Cowen and Company. Its alternative investment management products include hedge funds, fund of funds, real estate funds, healthcare royalty funds, cash management and commodity trading funds, offered primarily under the Ramius name. 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 City and has offices located in major financial centers around the world.