Cowen Group

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Cowen Group, Inc.

Type	Public (NASDAQ: COWN)
Founded	1918
Headquarters	New York, NY
Key people	David "Greg" M. Malcolm , Chairman and CEO Thomas K. Conner, Chief Financial Officer
Industry	Investment services
Products	Financial Services Investment Banking
Revenue	$347 millionUSD (2006)
Net income	▲$46 million USD (2006)
Employees	508(2006)
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. The public offering was joint bookrun by Cowen, Credit Suisse and Merrill Lynch. Today the Firm specializes in the Health Care, Technology, Media & Telecommunications, Consumer, and Aerospace & Defense sectors.