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Elizabeth Flisser Rosman Joins Cowen’s Management Committee

January 8, 2019

NEW YORK, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Elizabeth Flisser Rosman, Cowen Managing Director and Head of Investment Management, has joined Cowen’s Management Committee. Established in 2017, Cowen’s Management Committee is comprised of senior executives from across the organization and is responsible for the development and execution of Cowen’s long-term strategy.

“Elizabeth has proven to be a tenacious and passionate leader,” said Jeffrey M. Solomon, Cowen Chief Executive Officer. “Since being named as the head of the investment management division in August 2018, she has been an important contributor in furthering our mission of enabling client outperformance. In addition to her emphasis on driving profitability, Elizabeth’s focus on identifying, developing, and delivering investment products that leverage the collective strength of the organization is a differentiator that creates long-term value for Cowen. I look forward to her continued leadership as a member of the Management Committee.”

Reporting to Mr. Solomon, Cowen’s Management Committee is comprised of the following Cowen executives:

-- Dan Charney, Co-President, Cowen and Company -- Robert Fagin, Head of Research, Cowen and Company -- Jane Gerhard, Head of Human Resources, Cowen Inc. -- John Holmes, Chief Operating Officer, Cowen Inc. -- Stephen Lasota, Chief Financial Officer, Cowen Inc. -- Owen Littman, General Counsel, Cowen Inc. -- Elizabeth Flisser Rosman, Head, Cowen Investment Management -- Tom Strauss, Vice Chairman, Cowen Inc. -- Larry Wieseneck, Co-President, Cowen and Company

Ms. Rosman joined Cowen in September 2017, first as Head of Strategy at Cowen Investment Management and then, in August 2018, as Head of Cowen Investment Management. Before joining Cowen, Ms. Rosman held senior leadership positions with a focus on building alternative investment management businesses and their investment funds for over 20 years. She was previously a Managing Director and Partner at Reservoir Capital Group, a private investment company, where she led the firm’s efforts in identifying, seeding, and incubating hedge fund managers for Reservoir Strategic Partners. She was also President and Partner at Capital Z Asset Management. At Capital Z, Ms. Rosman was responsible for sourcing, evaluating, and structuring the firm’s hedge fund investments, and monitoring sponsored funds and strategic investments. Ms. Rosman was also at Goldman Sachs & Co in the Financial Institutions and Equity Capital Markets groups. She holds a B.A. in American Studies from Barnard College.

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 Contacts: Cowen Inc. Lynda Caravello 646-562-1676 lynda.caravello@cowen.com

Gagnier Communications Dan Gagnier 646-569-5897 dg@gagnierfc.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/004ee1e2-c51f-4842-af50-84070484f6bc

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