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Jaime Burnes Joins Cowena?s Healthcare Investment Banking Group as Managing Director

^{Published on 2010-11-02 12:30:30 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Cowen Group, Inc. (NASDAQ: COWN) announced today that Jaime Burnes has joined the firm as a Managing Director in Healthcare Investment Banking. Based in Cowena™s San Francisco office, Mr. Burnes will focus on biotechnology and life sciences companies.

Mr. Burnes joins Cowen from Oppenheimer & Co. Inc. where he was a Managing Director in the healthcare group. At Oppenheimer, Mr. Burnes helped build the firma™s life sciences practice. Prior to Oppenheimer, Mr. Burnes was a senior coverage officer at Credit Suisse and held similar roles at Lehman Brothers and UBS. Mr. Burnes started his carrier at Furman Selz. Over the course of Jaimea™s 15 year investment banking career, he has been instrumental in providing strategic capital raising and other advice to over 100 life sciences companies, including initial public offerings, public and private follow-on offerings, mergers and acquisitions.

Jeff Solomon, Chief Operating Officer of Cowen and the Head of Investment Banking, stated, "It is with pleasure that we welcome Jaime as a new partner in our firm. His addition greatly enhances Cowen's investment banking franchise as he brings significant relationships in the biotechnology and life sciences sector that augment our already strong relationship driven presence in healthcare. Jaime has proven that he can deliver value added services to his clients from a platform such as the one we have at Cowen and we look forward to his joining our team.a

About Cowen Group, Inc.

Cowen Group, Inc. is a leading diversified 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 funds, healthcare royalty funds, cash management and commodity trading funds, offered primarily under the Ramius name. 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.