This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ramius Names Head Of Liquid Alternative Products

Ramius LLC, (“Ramius”) the global investment management business of Cowen Group, Inc. (“Cowen”) (Nasdaq:COWN) with more than $9 billion in assets under management, today announced that Bradley Sussman will be joining the firm as Managing Director and Head of Liquid Alternative Products. In his role, Brad will be responsible for the firm’s mutual fund platform and growing its suite of liquid alternative products. Mr. Sussman is a Managing Director, Hedge Fund Strategist, at Merrill Lynch where he has been a member of the Investment Committee for Alternative Investments and head of non-traditional mutual fund due diligence.

Michael Singer, Chief Executive Officer of Ramius, commented, “Brad, a veteran in the alternatives space who has spent his career constructing and overseeing portfolios of hedge funds and more recently leading the sourcing and diligence of alternative mutual funds, is uniquely qualified to lead our liquid alternatives business. He has been at the forefront of the movement to offer contemporary liquid alternative strategies to retail and mass affluent investors, products historically in the domain of sophisticated institutional investors only. Brad’s mandate will be to develop bolt on products to existing firm investment capabilities and onboard talented investment teams in order to deliver to the market the right liquid products in the right space managed by the right teams.”

Ramius’ numerous liquid alternative products include the recently launched Ramius Event Driven Equity Fund (Ticker: REDIX/REDAX), which provides exposure to a broad spectrum of transformative corporative events with a core focus on following shareholder activism. The firm has been a pioneer in launching liquid alternative products as an asset class.

“As a broader universe of investors begin to allocate meaningful assets to daily liquid alternative strategies, it is crucial that those who understand these underlying strategies best offer top quality products to this marketplace. With two decades of expertise in alternatives, Ramius has been a leader in sourcing skilled investment teams, developing innovative products and bringing these capabilities and solutions to all investors. There is a tremendous opportunity for the firm to educate investors and create access to these liquid products, and I am very pleased to be joining Ramius at this exciting time,” said Bradley Sussman.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,528.03 -114.98 -0.69%
S&P 500 1,972.18 -16.69 -0.84%
NASDAQ 4,776.5080 -51.8170 -1.07%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs