GlobeNewswire Inc | Mar 12, 2021 03:00AM EST

March 12, 2021

LONDON, March 12, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (Cowen or the Company) today announced that its global Outsourced Trading group has been named Best Outsourced Trading Solution at the Hedgeweek European Awards 2021. The awards are based on a peer review system and decided on by a poll of Hedgeweeks readers, which include institutional and high net worth investors, hedge fund managers and other industry professionals, such as fund administrators, prime brokers, custodians and advisers.

Massimo Labella, Director and Head of Europe Outsourced Trading at Cowen, said, Its an honour to again be recognised by Hedgeweek, our peers and clients for the effort we have put into growing our Outsourced Trading division in Europe. Earning this acknowledgment is a collective endeavour that I am proud to share with the entire global team. As we continue to invest in both our staff and our technology, we remain committed to providing exceptional service that helps our clients outperform.

Michael Rosen, Managing Director and Global Co-Head of Prime Brokerage and Outsourced Trading at Cowen, added, The past year was one of immense global innovation and growth for Cowens Outsourced Trading group, including the addition of asset class expertise in foreign currency and credit trading. This commendation from Hedgeweek and acknowledgment by our industry peers serve as a testament to the client-focused business we have built and the bespoke solutions we offer to our clients across the UK and Europe.

The annual Hedgeweek European Awards recognise excellence among fund managers and service providers in Europe and celebrate the achievements of firms that contributed to another monumental year in the sector. Winners participated in a virtual ceremony and networking event on 11 March 2021.

About Cowen Outsourced TradingCowen Outsourced Trading provides investment managers with a first-rate and cost-efficient solution for their global trading needs. The full-service offering is multi-asset class and differentiated by its transparency and level of operational support.Cowens Outsourced Trading solution is offered in the US through Cowen Prime Services LLC, a registered broker dealer and investment advisor with theSEC, and a member of FINRA, NFA andSIPC, and internationally through Cowen International Limited, which is authorized and regulated by theFinancial Conduct Authority(FCA) in theUK, and Cowen and Company (Asia) Limited, which is regulated by Securities and Futures Commission (SFC) of Hong Kong.

For additional information, visit: www.cowen.com/capabilities/markets/outsourced-trading/

AboutCowen Inc.Cowen Inc.(Cowen or the Company) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to clients in order to help them outperform. Founded in 1918, the Company is headquartered inNew Yorkand has offices worldwide including in the UK and Hong Kong. Learn more atCowen.com.

2021 Cowen Prime Services LLC Member FINRA/SIPC. All Rights Reserved.

Media Contacts:

Europe

Melanie Budden/Vanessa GreenThe Realization Group+44 (0) 771 333 2303Melanie.budden@therealizationgroup.comVanessa.green@therealizationgroup.com

US

Dan GagnierGagnier Communications646-569-5897dg@gagnierfc.com