Published: November 20, 2012
Press Release
Ramius and Ramius Global Credit Portfolio Managers to Extend Partnership
NEW YORK - (BUSINESS WIRE) - Ramius LLC, the global investment management business of Cowen Group,
Inc. ("Cowen" ) (NASDAQ: COWN), today announced that it will enter into a
long-term extension of its partnership with portfolio managers, Norman
Milner and D. Richard Dowdle.
Thomas W. Strauss, President and CEO of Ramius LLC said, "It is a part
of Ramius's strategy to enable successful portfolio managers to become
partners in their businesses while maintaining a significant interest in
their continued successes. We believe this partnership will allow for
broader opportunities for the business and its investors going forward."
The funds managed by Messrs. Milner and Dowdle will operate under the
name Orchard Square Partners, and will remain committed to operating a
global long/short credit strategy, with a focus on long-term capital
appreciation and capital preservation through challenging markets. Since
the funds launched in 2009, the investment team has invested in
corporate credit across large, liquid capital structures.
To read the complete release at NewsBlaze,
Ramius and Ramius Global Credit Portfolio Managers to Extend Partnership,
Click here
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