Cowen prime services wins hedgeweek usa award 2015
New york--(business wire)--cowen group, inc. (nasdaq:cown) (“cowen” or the “company”) today announced cowen prime services (formerly concept capital markets) won the hedgeweek usa award 2015 for “best north american prime broker.” this is the second time the firm received this distinction this year, having won it at the hedgeweek global awards earlier this year. it also extends the string of similar awards earned from hedgeweek in recent years. jack d. seibald, managing director and global co-head of prime brokerage services said, “we are honored for this recognition by hedgeweek readers for our prime brokerage capabilities. as our clients’ trusted partner, we take our responsibility very seriously. we provide robust custody, execution and clearing, portfolio management and reporting, and operational support solutions so that clients can focus on what they do best: make investments and produce long-term outperformance.” mr. seibald continued, “our seasoned team of professionals, many of whom were former investment managers, is uniquely equipped to understand and anticipate our clients’ needs and preferences. as a result, we are able to deliver tools and support services that enhance our clients’ ability to manage their businesses. as part of the cowen group family, clients are now supported by a greater array of services, such as non-conflicted trade execution, world class equity research, and investment conferences. with a shared focus of providing clients with best-in-class products and services, we are also in a position to more rapidly invest in technology and value-added solutions.” about cowen prime services llc cowen prime services offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. the firm was built by former investment managers to serve hedge funds, managed accounts and liquid alternatives with turnkey solutions designed to free its clients to focus on their core competencies. cowen prime services’ offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, capital introduction, and live, intraday and post-trade risk and performance analytics. cowen prime services was formed in 2015 following cowen group’s acquisition of concept capital markets, llc. cowen prime services is headquartered in garden city, new york with offices across the us. the firm is registered as a broker dealer and investment advisor with the sec, and is a member of finra, nfa and sipc. for additional information, visit www.cowenprime.com. 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, and sales and trading 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 and a sales and trading platform for institutional investors. founded in 1918, the firm is headquartered in new york and has offices worldwide. for additional information, visit www.cowen.com.