NEW YORK--(BUSINESS WIRE)--Cowen Group, Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Cowen and Company recently received two awards at the Global M&A Network’s 8th Annual Turnaround Atlas Awards:
- Boutique Restructuring Bank of the Year
- Special Situation M&A Deal of the Year
These awards honor the achievements of outstanding firms and professionals within the restructuring, bankruptcy, special situations and turnaround communities worldwide.
Lorie Beers, Managing Director and Head of Cowen’s Special Situations Advisory Group, said, “We are proud to be recognized by the Global M&A Network for our restructuring and recapitalization advisory services and to be included among a distinguished list of industry leaders. The Boutique Restructuring Bank of the Year award reflects Cowen’s commitment to guiding clients through challenging situations with thoughtful, tailored solutions and our team’s four decades of balance sheet advisory experience. The Special Situation M&A Deal of the Year award recognizes our work as financial advisor to New York Wire in its acquisition by Phifer Inc., which was accomplished through a 363 sale.”
About Cowen Group, Inc.
Cowen Group, Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative asset management, investment banking, research, sales and trading and prime brokerage services through its two business segments: Ramius and its affiliates make up the Company’s alternative investment segment, while Cowen and Company and its affiliates make up the Company’s broker-dealer segment. Ramius provides alternative asset management solutions to a global client base and manages a significant portion of Cowen’s proprietary capital. Cowen and Company 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.
