Hedge Fund Database

COWEN INVESTMENT MANAGEMENT LLC

Adviser information for COWEN INVESTMENT MANAGEMENT LLC last updated from Form ADV on June 5th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 67
Investment Advisory/Research 12
Registered Broker-Dealer Representatives 10
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 4

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 12 $2.1B
Non-Discretionary 0 $0
Total 12 $2.1B

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions <5 $4.7M
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 9 $1.3B
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other <5 $774.4M
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 50

Services

Advisory Services Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients
Compensation % of AUMPerformance-based fees

Identifiers

SEC RIA File Number 801-70868
SEC ERA File Number 801-70868
SEC CIK Numbers 1475770
SEC CRD Numbers 151953
Legal Entity Identifier YJZPNSPEVY2MX745S257

Principal Office

599 LEXINGTON AVENUE
20TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9AM TO 6PM
Tel: (646) 562-1010, Fax: None

Websites

www.cowen.com www.linkedin.com/company/cowen-inc/ twitter.com/cowen_inc instagram.com/coweninc

Chief Compliance Officer

ASHLEY LATOURELLE
599 LEXINGTON AVENUE
20TH FLOOR
NEW YORK
NY
United States
Tel: 609-304-6161
(Full email address available in API data)

Regulatory Contact

MICHAEL BENWITT
CHIEF OPERATING OFFICER AND GENERAL COUNSEL
599 LEXINGRON AVENUE
20TH FLOOR
NEW YORK
NY
United States
Tel: (212) 823-0226
(Full email address available in API data)

Industry Affiliates

ATM EXECUTION LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
COWEN AND COMPANY Broker-dealer, municipal securities dealer, or gov securities broker or dealer
COWEN AND COMPANY Broker-dealer, municipal securities dealer, or gov securities broker or dealer
COWEN EXECUTION SERVICES LIMITED Broker-dealer, municipal securities dealer, or gov securities broker or dealer
COWEN FINANCIAL PRODUCTS LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
COWEN HEALTHCARE INVESTMENTS Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
COWEN HEALTHCARE INVESTMENTS Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
COWEN HEALTHCARE INVESTMENTS Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
COWEN INTERNATIONAL LIMITED Broker-dealer, municipal securities dealer, or gov securities broker or dealer
COWEN PRIME ADVISORS LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners
COWEN SUSTAINABLE INVESTMENTS Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
HEALTHCARE ROYALTY MANAGEMENT, LLC Other investment adviser, including financial planners
HEALTHCARE ROYALTY PARTNERS Other investment adviser, including financial planners
QUARTON, A COWEN COMPANY Broker-dealer, municipal securities dealer, or gov securities broker or dealer
RAMIUS ADVISORS, LLC Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
RCG LONGVIEW Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles
RCG LONGVIEW Other investment adviser, including financial planners
RCG RE MANAGER LLC Sponsor or syndicator of limited partnerships
WESTMINSTER RESEARCH ASSOCIATES LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
COWEN DIGITAL ASSSET INVESTMENT COMPANY LLC Private Equity Fund $104.7M $0.0M 81
COWEN SUSTAINABLE INVESTMENTS I LP Private Equity Fund $372.3M $5.0M 72
COWEN SUSTAINABLE INVESTMENTS OFFSHORE I LP Private Equity Fund $518.6M $5.0M 38
CSI CORAL BLUE CO-INVESTMENT LP CO-INVEST VEHICLE $146.2M $0.5M 2
CSI CROWN CO-INVESTMENT LP CO-INVEST VEHICLE $38.5M $5.0M 2
CSI I MASTER FUND B LP Private Equity Fund $234.1M $0.0M 1
CSI I MASTER FUND C LP Private Equity Fund $126.3M $0.0M 2
CSI PRODIGY CO-INVESTMENT LP CO-INVESTMENT VEHICLE $35.2M $0.5M 1
CSI PRTA CO-INVESTMENT LP CO-INVESTMENT VEHICLE $80.4M $0.3M 2

Control Persons

Name Type Entity Title Since Ownership
COWEN INC. Domestic Entity – PARENT 11/2009 > 75%
BENWITT, MICHAEL, G Individual – GENERAL COUNSEL, CHIEF OPERATING OFFICER, COWEN INVESTMENT MANAGEMENT LLC 01/2012 < 5%
RYAN, JAMES, DAVID Individual – CHIEF FINANCIAL OFFICER, COWEN INVESTMENT MANAGEMENT LLC 08/2015 < 5%
ROSMAN, ELIZABETH, RACHEL Individual – HEAD OF INVESTMENT MANAGEMENT, COWEN INVESTMENT MANAGEMENT LLC 08/2018 < 5%
Latourelle, Ashley, Paige Individual – CHIEF COMPLIANCE OFFICER 08/2022 < 5%
TORONTO DOMINION (U.S.A.) HOLDINGS, INC. Domestic Entity COWEN INC. SHAREHOLDER 07/2016 > 75%
TD GROUP US HOLDINGS LLC Domestic Entity TORONTO DOMINION (U.S.A.) HOLDINGS, INC. SHAREHOLDER 06/1989 > 75%
THE TORONTO DOMINION BANK Foreign Entity TD GROUP US HOLDINGS LLC SHAREHOLDER 03/2023 > 75%

No. Employees, Historic

8040020192020202120222023202469 on 4/1/201969 on 7/11/201969 on 7/26/201974 on 3/30/202074 on 3/31/202168 on 3/30/202268 on 4/5/202268 on 1/12/202367 on 3/31/202367 on 3/31/202367 on 4/28/202367 on 6/5/2023

RAUM, Historic

3B2B0201920202021202220232024961766000 on 4/1/2019961766000 on 7/11/2019961766000 on 7/26/2019962676891 on 3/30/20201140216636 on 3/31/20212259411058 on 3/30/20222259411058 on 4/5/20222259411058 on 1/12/20232073838293 on 3/31/20232073838293 on 3/31/20232073838293 on 4/28/20232073838293 on 6/5/2023

No. Clients, Historic

7035020192020202120222023202467 on 4/1/201967 on 7/11/201967 on 7/26/201913 on 3/30/202014 on 3/31/202113 on 3/30/202213 on 4/5/202213 on 1/12/20239 on 3/31/20239 on 3/31/20239 on 4/28/20239 on 6/5/2023

Holdings

From latest 13F, filed August 29th, 2024 for period ending March 31st, 2024
Name Class Value $USD # Shares Private Fund
HERTZ GLOBAL HLDGS INC *W EXP 06/30/205 11M 2M –
ISHARES TR 20 YR TR BD ETF 15K 50K –
LIBERTY BROADBAND CORP COM SER A 4M 77K –
LIBERTY BROADBAND CORP COM SER C 5M 84K –
LLOYDS BANKING GROUP PLC SPONSORED ADR 11M 4M –
SPDR S&P 500 ETF TR TR UNIT 97K 45K –
STAR HLDGS SHS BEN INT 11M 827K –
STEEL CONNECT INC COM 179K 19K –
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 39M 3M –