Cowen Group

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Cowen Group, Inc.
Image:Cowen_Logo_JPG.JPG
Type Public (NASDAQ: COWN)
Founded 1918
Headquarters New York
Key people Kim S. Fennebresque , Chairman and CEO
Thomas K. Conner, Chief Financial Officer
William H. Dibble, Head of Human Resources
Mark A. Egert, Chief Compliance Officer
Mark E. Kaplan, General Counsel
Jean Orlowski, Chief Information Officer
Christopher A. White, Chief of Staff and Chief Administrative Officer
Industry Investment services
Products Financial Services
Investment Banking
Revenue $347 millionUSD (2006)
Net income $46 million USD (2006)
Employees 508(2006)
Slogan The Power of Focus
Website www.cowen.com

Cowen Group Inc., (NASDAQ: COWN), is the holding company for Cowen and Company, LLC, a U.S. based Investment Bank founded in New York City in 1918, by Harry Cowen and Arthur Cowen, Jr.

Originally founded as a bond trading house, the Firm expanded over the years to include correspondent clearing and execution services, research, institutional sales and trading, retail brokerage and investment banking.

The Firm remained independent until 1998 when it was acquired by the French financial services company, Société Générale, and renamed SG Cowen. In 2000, the Firm sold its private client services unit to Lehman Brothers, retaining its investment banking, research and sales and trading operations. The Firm operated as a unit of Societe Generale until 2006, when it was spun-off in an initial public offering and renamed itself, Cowen and Company. Today the Firm specializes in the Health Care, Technology, Media & Telecommunications, Consumer, and Aerospace & Defense sectors.

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