NEW YORK--(BUSINESS WIRE)--Ramius LLC, (“Ramius”) the global investment management business of Cowen Group, Inc. (“Cowen”) (Nasdaq:COWN), today announced that Parker Johnson will be joining the firm as Managing Director, Sales and Marketing. Mr. Johnson will manage institutional relationships across the Ramius platform, with a special focus on Ramius Alternative Solutions. The Alternative Solutions group, led by Stuart Davies and Vikas Kapoor, offers sophisticated hedge fund investment services including portfolio completion, optimization and hedging as well as a suite of accessible, cost effective, hedge fund-style investments called Ramius Liquid Portfolios.
Michael Singer, Chief Executive Officer of Ramius, said, “Over twenty-five years in the industry, Parker has developed deep knowledge of institutional investors and their needs. Today’s investors are looking for differentiated solutions that drive alpha generation while balancing portfolios with appropriate, low cost, risk premia and other capabilities developed by Ramius Alternative Solutions. Personally and professionally, I’ve known Parker for years, and he also has a strong relationship with Stuart and Vikas, making him the ideal fit for our team at Ramius.”
Parker Johnson commented, “Ramius sets the standard for providing clients with a wide range of investment solutions drawn from its alternative asset management platform. I am truly excited to work with a team that is at the forefront of developing custom solutions for investors, and I look forward to leveraging my expertise to introduce Ramius to clients.”
Ramius LLC is an alternative investment platform with $12.5 billion in assets under management as of January 1, 2015, offering innovative products and solutions across the liquidity spectrum to institutional and private clients. The Ramius platform currently offers capabilities in small-cap activism, healthcare royalties, customized alternative solutions, event driven equity, real estate, long/short credit and managed futures. The firm has also been at the forefront of liquid alternative strategies including the recently launched event driven equity fund (Ticker: REDIX/REDAX).
About Parker Johnson
Mr. Johnson will join Ramius from Arden Asset Management where he serves as a Managing Director focused on North American institutional sales across the liquidity spectrum. Before Arden, he spent time as a Managing Director at Belenos Capital Management LLC and Ivy Asset Management, where he was the Director of Client Development in North America. Mr. Johnson has 25 years of experience advising clients on hedging strategies and has significant knowledge of strategies including hedge fund of funds, managed futures and replication. Mr. Johnson began his career as a trader at Bellwether Futures Corp., a subsidiary of Tudor Investment Corp.
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 located worldwide. To download Cowen’s investor relations app, which offers access to SEC filings, news releases, webcasts and presentations, please visit the App Store for iPhone and iPad or Google Play for Android mobile devices.