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Cowen Group Announces Promotions in Health Care Investment Banking
Date:3/4/2010

Mr. Reikes stated, "I look forward to transitioning into this developmental role at Cowen and believe that Declan is uniquely positioned to carry on the health care group's activities, given his long tenure in the health care banking field and experience at Cowen.  I have every confidence that our franchise and momentum will be enhanced under his leadership."  

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 and has offices located in major financial centers around the world.

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