Cowen expands institutional equity sales and trading team

New york--(business wire)--cowen group, inc. (“cowen”) (nasdaq:cown) today announced that robert paglione joins cowen and company’s equity sales and trading team. bob will serve as the boston regional manager overseeing boston equity sales in partnership with jimmy ward. mr. paglione will report to philip cushman, cowen’s head of equity sales. mr. cushman said, “we are pleased to welcome bob to cowen. bob is a well-recognized, tenured professional whose broad knowledge base across equities enables cowen to further advance our position regionally in prime brokerage, electronic trading, derivatives, as well as equity research. his relationship base will be invaluable as we look to further grow our market share in equities. bob's addition reflects cowen’s continued commitment to providing clients with a world-class equity sales and trading platform.” mr. paglione brings 23 years of equities experience. he joins cowen from goldman sachs where he served in a senior institutional sales role. previously, he was with credit suisse’s institutional equity sales team. before that, mr. paglione was with merrill lynch’s mergers and acquisitions group. mr. paglione began his career at first boston as an analyst with the mergers and acquisitions and equity capital markets groups. 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. for additional information, visit www.cowen.com.
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