Cowen Grows Special Situations Group With Addition of Industry Veteran Kenneth Garnett
30 September 2020 - 10:30PM
Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced
that Kenneth Garnett has joined the firm’s Investment Banking team
as a Managing Director in the Special Situations Group. Mr. Garnett
will be based in New York and report to Lorie Beers, Cowen Managing
Director and Head, Special Situations & Restructuring. He
brings over two decades of experience in special situation private
investing, restructuring investment banking and turnaround
consulting.
“We are very happy to have Ken Garnett join Cowen’s Special
Situations and Restructuring team. His professional background,
industry knowledge and relationships, especially around complex
investments, restructurings and M&A transactions, will give our
clients a key advantage across asset classes and market cycles, and
enable Cowen to maximize the growing opportunities in the sector,”
said Lorie Beers. “Ken is a respected, established specialist, who
shares our core values and team culture and will play a key role as
we continue to develop this strategic segment of our investment
banking services.”
“For businesses and investors managing the ever-changing
business cycle, best-in-class special situations advisory services
are more critical than ever, especially today given the current
impact of COVID-19,” stated Larry Wieseneck, Co-President, Cowen
and Company. “Ken’s broad range of knowledge and experience will be
extremely beneficial to our clients as we continue to expand our
global capabilities.”
Mr. Garnett has spent over 20 years working in private equity
investing, restructuring, investment banking and turnaround
consulting. For the past six years, Mr. Garnett worked at Conway
MacKenzie as Managing Director, Private Fund Services. Previously,
he was a Partner and Founder at Renewal Capital, a private equity
fund making special situations investments in the lower middle
market, as well as a partner at investment bank Gordian Group. Mr.
Garnett received his MBA from New York University and a BA in
Economics from Davidson College.
About Cowen 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 our clients in order to help
them outperform. Founded in 1918, the Company is headquartered
in New York and has offices worldwide. Learn more
at Cowen.com.
© 2020 Cowen and Company. Member NYSE, FINRA and SIPC.
All Rights Reserved.
Media Contacts:Gagnier CommunicationsDan
Gagnier 646-569-5897dg@gagnierfc.com
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