Cowen Group, parent of Cowen and Company, announced that it has formed Cowen Finance, a commercial finance company. Cowen expects to make an initial equity investment of up to $125 million in Cowen Finance, with this investment funded by Cowen over time. Cowen Finance will work together with Cowen and Company’s investment banking and debt capital markets businesses. Peter A. Cohen, chairman and chief executive officer of Cowen Group, said, “Our move into direct lending is a natural extension of our success at providing clients with debt capital markets financing advice over the past few years. As investment professionals, we

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register