Ray Cameron Joins Cowen Group as Managing Director and Head of Corporate Access

Cowen Group, Inc. ("Cowen”) (NASDAQ: COWN) today announced that Ray Cameron has joined the firm as a Managing Director and Head of Corporate Access. He is based in New York and reports to John O’Donoghue, Cowen’s Head of Equities. In this role, Mr. Cameron is responsible for further fostering relationships between corporate clients and the investment community.

Mr. Cameron spent the majority of his career at Morgan Stanley, where he held positions of increasing responsibility in institutional equity sales over 15 years. As Head of Morgan’s Corporate Access business, he developed a differentiated business model to provide access to corporate executives for institutional investors. After that, Mr. Cameron was with Lehman Brothers/Barclays Capital where he was a Managing Director, in charge of reengineering and expanding their Corporate Access franchise. Most recently, as Head of Issuer Services at LiquidNet, he led the business initiative to extend the company’s product offerings into research and equity capital markets. He is a graduate of the University of Texas at Austin and holds a MBA from Southern Methodist University.

"As we continue to provide our clients with new products and services, we are happy to have Ray lead our Corporate Access team. He will work closely with Sales, Research, Equity Capital Markets, and Investment Banking to strategically enhance offerings, drive sourcing, and prioritize these valued services,” commented John O’Donoghue. "He brings with him a wealth of experience in creating innovative products and services to meet diverse client needs and we look forward to his contributions to the Sales and Trading Group and to the firm.”

About Cowen Group, Inc.

Cowen Group, Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative investment management, investment banking, research, and sales and trading services through its two business segments: Ramius and its affiliates makes up the Company's alternative investment management segment, while Cowen and Company is its broker-dealer segment. Its alternative investment management products, solutions and services include hedge funds, replication products, managed futures funds, fund of funds, real estate, health care royalty funds and cash management services. Cowen and Company offers 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 located in major financial centers around the world.