Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company") today announced that Jeff Schiamberg and Theodore E. Tutun have joined Cowen and Company's investment banking team as Managing Directors. Mr. Schiamberg focuses on Consumer while Mr. Tutun joins as the Head of East Coast Sponsor coverage. "Our Consumer and Financial Sponsor practices play a vital role as we broaden Cowen's investment banking platform," said Kevin Raidy, Head of Investment Banking. "Jeff and Ted are seasoned professionals who bring additional momentum to our existing consumer and financial sponsor practices. Their well-earned track record of success and deep relationships - from corporate executives and board members to the private equity community - further strengthens our platform. We look forward to their contributions to Cowen." Today's announcement follows previously announced additions to Cowen's investment banking team including: A. Scott Lemone (Head of Consumer), Steven A. Levy (Head of Financial Sponsors), Craig E. Zaph (Head of Debt Capital Markets), Stephen Clarke (Industrials), Zachary Fisher (Technology, Media and Telecom) and Prasad Parmeshwaran (Health Care M&A). Cowen's investment banking professionals bring tailored solutions and unbiased advice to corporate clients rather than leading with a product first approach. Cowen has demonstrated expertise with growth companies in debt and equity capital raising as well as merger and equity stakes, cross-border transactions, shareholder activist situations and takeover defenses. Cowen's core sectors include: health care, TMT, information and technology services, consumer, industrials, energy and transportation. Biographies: Jeff Schiamberg Mr. Schiamberg is a Managing Director in Cowen's Consumer investment banking group. Most recently he was with RBC Capital Markets where he spent seven years as a Managing Director in the Consumer and Retail group. Prior to that, he was a Managing Director with Bank of America's Consumer and Retail investment banking group. Mr. Schiamberg was also a Vice President with Merrill Lynch's investment banking group and an Associate at Deutsche Bank Alex Brown. Mr. Schiamberg began his career at Coopers and Lybrand. Mr. Schiamberg holds a BA from the University of California at Los Angeles and an MBA from The Wharton School at the University of Pennsylvania.