Investments
183Portfolio Exits
79Funds
4Partners & Customers
10About Cowen
Cowen is a financial services firm providing alternative investment management, investment banking, research, and sales and trading services through its business units, Ramius and Cowen and Company. Its alternative investment management products include hedge funds, fund of funds, real estate, healthcare royalty funds and cash management, offered primarily under the Ramius name. Cowen offers industry-focused investment banking for growth-oriented companies, domain knowledge-driven research and a sales and trading platform for institutional investors.
Cowen Headquarter Location
599 Lexington Avenue 20th Floor
New York, New York, 10022,
United States
+1 646 562 1010
Latest Cowen News
Oct 30, 2018
| Source: Fundamental Markets NEW YORK, Oct. 30, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of HomeStreet, Inc. (NASDAQ: HMST ), Cousins Properties Incorporated (NYSE: CUZ ), Carbo Ceramics, Inc. (NYSE: CRR ), Cowen Group, Inc. (NASDAQ: COWN ), CTS Corporation (NYSE: CTS ), and NovoCure Limited (NASDAQ: NVCR ), including updated fundamental summaries, consolidated fiscal reporting, and fully-qualified certified analyst research. Complimentary Access: Research Reports (You may have to copy and paste the link into your browser and hit the [ENTER] key) The new research reports from Fundamental Markets, available for free download at the links above, examine HomeStreet, Inc. (NASDAQ: HMST ), Cousins Properties Incorporated (NYSE: CUZ ), Carbo Ceramics, Inc. (NYSE: CRR ), Cowen Group, Inc. (NASDAQ: COWN ), CTS Corporation (NYSE: CTS ), and NovoCure Limited (NASDAQ: NVCR ) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Several excerpts from the recently released reports are available to today's readers below. ----------------------------------------- Important Notice: the following excerpts are not designed to be standalone summaries and as such, important information may be missing from these samples. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. All information in this release was accessed October 26th, 2018. Percentage calculations are performed after rounding. All amounts in millions (MM), except per share amounts. ----------------------------------------- HomeStreet's Recent Financial Performance For the three months ended June 30th, 2018 vs June 30th, 2017, HomeStreet reported interest income of $67.19MM vs $56.74MM (up 18.41%) and analysts estimated basic earnings per share $0.26 vs $0.42 (down 38.10%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, HomeStreet reported interest income of $237.68MM vs $209.54MM (up 13.43%) and analysts estimated basic earnings per share $2.57 vs $2.36 (up 8.90%). Analysts expect earnings to be released on January 28th, 2019. The report will be for the fiscal period ending December 31st, 2018. The reported EPS for the same quarter last year was $0.43. The estimated EPS forecast for the next fiscal year is $2.24 and is expected to report on January 28th, 2019. To read the full HomeStreet, Inc. (HMST) report, download it here: http://Fundamental-Markets.com/register/?so=HMST ----------------------------------------- Cousins Properties' Recent Financial Performance For the three months ended September 30th, 2018 vs September 30th, 2017, Cousins Properties reported revenue of $118.71MM vs $113.16MM (up 4.90%) and analysts estimated basic earnings per share $0.05 vs $0.03 (up 66.67%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Cousins Properties reported revenue of $466.19MM vs $259.21MM (up 79.85%) and analysts estimated basic earnings per share $0.52 vs $0.31 (up 67.74%). Analysts expect earnings to be released on February 6th, 2019. The report will be for the fiscal period ending December 31st, 2018. Reported EPS for the same quarter last year was $0.15. The estimated EPS forecast for the next fiscal year is $0.64 and is expected to report on February 6th, 2019. To read the full Cousins Properties Incorporated (CUZ) report, download it here: http://Fundamental-Markets.com/register/?so=CUZ ----------------------------------------- Carbo Ceramics' Recent Financial Performance For the three months ended September 30th, 2018 vs September 30th, 2017, Carbo Ceramics reported revenue of $53.82MM vs $50.17MM (up 7.27%) and analysts estimated basic earnings per share -$0.62 vs -$6.69. For the twelve months ended December 31st, 2017 vs December 31st, 2016, Carbo Ceramics reported revenue of $188.76MM vs $103.05MM (up 83.17%) and analysts estimated basic earnings per share -$9.49 vs -$3.29. Analysts expect earnings to be released on January 24th, 2019. The report will be for the fiscal period ending December 31st, 2018. Reported EPS for the same quarter last year was -$0.65. The estimated EPS forecast for the next fiscal year is -$0.23 and is expected to report on January 24th, 2019. To read the full Carbo Ceramics, Inc. (CRR) report, download it here: http://Fundamental-Markets.com/register/?so=CRR ----------------------------------------- Cowen Group's Recent Financial Performance For the three months ended June 30th, 2018 vs June 30th, 2017, Cowen Group reported revenue of $234.57MM vs $160.53MM (up 46.12%) and basic earnings per share $0.12 vs $0.20 (down 40.00%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Cowen Group reported revenue of $658.78MM vs $471.57MM (up 39.70%) and analysts estimated basic earnings per share -$2.29 vs -$0.97. Analysts expect earnings to be released on February 21st, 2019. The report will be for the fiscal period ending December 31st, 2018. To read the full Cowen Group, Inc. (COWN) report, download it here: http://Fundamental-Markets.com/register/?so=COWN ----------------------------------------- CTS's Recent Financial Performance For the three months ended September 30th, 2018 vs September 30th, 2017, CTS reported revenue of $118.86MM vs $106.24MM (up 11.87%) and analysts estimated basic earnings per share $0.31 vs $0.29 (up 6.90%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, CTS reported revenue of $422.99MM vs $396.68MM (up 6.63%) and analysts estimated basic earnings per share $0.44 vs $1.05 (down 58.10%). Analysts expect earnings to be released on February 5th, 2019. The report will be for the fiscal period ending December 31st, 2018. The reported EPS for the same quarter last year was $0.39. The estimated EPS forecast for the next fiscal year is $1.60 and is expected to report on February 5th, 2019. To read the full CTS Corporation (CTS) report, download it here: http://Fundamental-Markets.com/register/?so=CTS ----------------------------------------- NovoCure's Recent Financial Performance For the three months ended September 30th, 2018 vs September 30th, 2017, NovoCure reported revenue of $64.76MM vs $50.11MM (up 29.23%) and analysts estimated basic earnings per share -$0.13 vs -$0.13. For the twelve months ended December 31st, 2017 vs December 31st, 2016, NovoCure reported revenue of $177.03MM vs $82.89MM (up 113.57%) and analysts estimated basic earnings per share -$0.70 vs -$1.54. Analysts expect earnings to be released on February 28th, 2019. The report will be for the fiscal period ending December 31st, 2018. The reported EPS for the same quarter last year was -$0.12. The estimated EPS forecast for the next fiscal year is $0.23 and is expected to report on February 28th, 2019. To read the full NovoCure Limited (NVCR) report, download it here: http://Fundamental-Markets.com/register/?so=NVCR ----------------------------------------- ABOUT FUNDAMENTAL MARKETS Fundamental Markets serves thousands of members and have provided research through some of the world's leading brokerages for over a decade–and continue to be one of the best information sources for investors and investment professionals worldwide. Fundamental Markets' roster boasts decades of financial experience and includes top financial writers, FINRA® BrokerCheck® certified professionals with current and valid CRD® number designations, as well as Chartered Financial Analyst® (CFA®) designation holders, to ensure up to date factual information for active readers on the topics they care about. REGISTERED MEMBER STATUS Fundamental Markets' oversight and audit staff are registered analysts, brokers, and/or financial advisers ("Registered Members") working within Equity Research, Media, and Compliance departments. Fundamental Markets' roster includes qualified CFA® charterholders, licensed securities attorneys, and registered FINRA® members holding duly issued CRD® numbers. Current licensed status of several Registered Members at Fundamental Markets have been independently verified by an outside audit firm, including policy and audit records duly executed by Registered Members. Complaints, concerns, questions, or inquiries regarding this release should be directed to Fundamental Markets' Compliance department by Phone, at +1 667-401-0010, or by E-mail at compliance@Fundamental-Markets.com. LEGAL NOTICES Information contained herein is not an offer or solicitation to buy, hold, or sell any security. Fundamental Markets, Fundamental Markets members, and/or Fundamental Markets affiliates are not responsible for any gains or losses that result from the opinions expressed. Fundamental Markets makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. Fundamental Markets has not been compensated for the publication of this press release by any of the above mentioned companies. Fundamental Markets is not a financial advisory firm, investment adviser, or broker-dealer, and does not undertake any activities that would require such registration. For our full disclaimer, disclosure, and terms of service please visit our website. Media Contact:
Cowen Investments
183 Investments
Cowen has made 183 investments. Their latest investment was in Polysign as part of their Series C on April 4, 2022.
Cowen Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/13/2022 | Series C | Polysign | $52.87M | No | 3 | |
3/30/2022 | Series C | Neuron23 | $100M | No | 2 | |
2/24/2022 | Series D | Scipher Medicine | $110M | Yes | 12 | |
2/16/2022 | Series A | |||||
2/16/2022 | Series B |
Date | 4/13/2022 | 3/30/2022 | 2/24/2022 | 2/16/2022 | 2/16/2022 |
---|---|---|---|---|---|
Round | Series C | Series C | Series D | Series A | Series B |
Company | Polysign | Neuron23 | Scipher Medicine | ||
Amount | $52.87M | $100M | $110M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 3 | 2 | 12 |
Cowen Portfolio Exits
79 Portfolio Exits
Cowen has 79 portfolio exits. Their latest portfolio exit was Personal Genome Diagnostics on December 23, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/23/2021 | Acquired | 12 | |||
7/30/2021 | IPO | 6 | |||
6/15/2021 | Reverse Merger | 8 | |||
Date | 12/23/2021 | 7/30/2021 | 6/15/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | IPO | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 12 | 6 | 8 |
Cowen Acquisitions
11 Acquisitions
Cowen acquired 11 companies. Their latest acquisition was Portico Capital Securities on November 23, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
11/23/2021 | Acq - Fin | 1 | ||||
9/15/2020 | Debt | $0.68M | Acquired | 4 | ||
11/20/2018 | Acquired | 3 | ||||
4/3/2017 | ||||||
3/22/2016 |
Date | 11/23/2021 | 9/15/2020 | 11/20/2018 | 4/3/2017 | 3/22/2016 |
---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | $0.68M | ||||
Note | Acq - Fin | Acquired | Acquired | ||
Sources | 1 | 4 | 3 |
Cowen Fund History
4 Fund Histories
Cowen has 4 funds, including Cowen Healthcare Investments III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
5/19/2020 | Cowen Healthcare Investments III | $493M | 2 | ||
9/24/2019 | CHI EF III | ||||
11/13/2017 | CHI Employee Fund II | ||||
11/13/2017 | Cowen Healthcare Investments II |
Closing Date | 5/19/2020 | 9/24/2019 | 11/13/2017 | 11/13/2017 |
---|---|---|---|---|
Fund | Cowen Healthcare Investments III | CHI EF III | CHI Employee Fund II | Cowen Healthcare Investments II |
Fund Type | ||||
Status | ||||
Amount | $493M | |||
Sources | 2 |
Cowen Partners & Customers
10 Partners and customers
Cowen has 10 strategic partners and customers. Cowen recently partnered with Standard Custody on June 6, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/1/2021 | Partner | United States | |||
5/5/2021 | Vendor | United States | TORA OEMS Chosen for Fixed Income by Cowen Outsourced Trading - TORA Chris Jenkins , Managing Director at TORA commented `` We are delighted to have been selected by Cowen . | 1 | |
2/4/2020 | Partner | United Kingdom | Cowen to Integrate the Prime Brokerage Business of Global Prime Partners 04 , 2020 -- Cowen Inc. today announced that it has entered into an agreement to cooperate with Global to transition GPP 's International Prime Brokerage business to Cowen Inc. . | 1 | |
12/11/2019 | Partner | ||||
7/8/2019 | Partner |
Date | 6/1/2021 | 5/5/2021 | 2/4/2020 | 12/11/2019 | 7/8/2019 |
---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | United States | United Kingdom | ||
News Snippet | TORA OEMS Chosen for Fixed Income by Cowen Outsourced Trading - TORA Chris Jenkins , Managing Director at TORA commented `` We are delighted to have been selected by Cowen . | Cowen to Integrate the Prime Brokerage Business of Global Prime Partners 04 , 2020 -- Cowen Inc. today announced that it has entered into an agreement to cooperate with Global to transition GPP 's International Prime Brokerage business to Cowen Inc. . | |||
Sources | 1 | 1 |
Cowen Team
43 Team Members
Cowen has 43 team members, including current Chief Executive Officer, Peter A. Cohen.
Name | Work History | Title | Status |
---|---|---|---|
Anand Kannappan | Meta, Oculus VR, BlackRock, Uptake, and Peel Technologies | Founder | Current |
Peter A. Cohen | Chief Executive Officer | Current | |
Greg Malcolm | Chief Executive Officer, President | Current | |
William Marr | Chief Executive Officer, President | Current | |
Thomas W. Strauss | Chief Executive Officer, President | Current |
Name | Anand Kannappan | Peter A. Cohen | Greg Malcolm | William Marr | Thomas W. Strauss |
---|---|---|---|---|---|
Work History | Meta, Oculus VR, BlackRock, Uptake, and Peel Technologies | ||||
Title | Founder | Chief Executive Officer | Chief Executive Officer, President | Chief Executive Officer, President | Chief Executive Officer, President |
Status | Current | Current | Current | Current | Current |
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