Cowen group, inc. completes acquisition of concept capital markets, llc

New york--(business wire)--cowen group, inc. (nasdaq:cown) (“cowen” or the “company”) today announced that it completed its previously announced acquisition of concept capital markets, llc (“concept capital”), a leading independent provider of prime brokerage services. financial terms of transaction were not disclosed. 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.
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