Cowen Inc has been named Best North American Prime Broker at the 2017 Hedgeweek USA Awards for the third consecutive year.
The award is based on a peer review system whereby Hedgeweek’s readers, including institutional and high net worth investors, as well as hedge fund managers and other industry professionals at fund administrators, prime brokers, law firms, custodians, and advisers, select the top performer in a series of categories.
Jack D Seibald (pictured), Global Co-Head of Prime Brokerage Services, said, “We are proud that we have again earned the Best North American Prime Broker Award from Hedgeweek and are grateful to Hedgeweek’s readers for their continued support. Cowen’s Prime Services team is uniquely positioned to understand the complexity of launching an alternative investment fund and managing it through its growth stages, due in large part to the wide-ranging skill sets of our team and the firm’s comprehensive offering to investment managers.”
Added Seibald, “We know that our role is to support our clients with best-in-class tools and support services that will improve the operational and administrative aspects of their business and allow them to focus on their core competencies, investing. In addition, operating under the Cowen umbrella enables us to support our clients with additional services all aimed at helping our clients outperform, including the firm’s valued equity research, corporate access program, capital markets activities, and non-conflicted trade execution.”
This is the third consecutive year that Cowen’s Primes Services division has won this award, and the fourth time in five years, that Cowen Prime Services has been recognised as “Best North American Prime Broker” by Hedgeweek USA Awards. Earlier this year, Cowen Prime Services was named “Best Global Prime Broker” for the third consecutive year by Hedgeweek Global Awards.