Michael Singer has joined Ramius as chief executive officer reporting to Peter Cohen.
Singer will be responsible for overseeing and managing the day-to-day operations of Ramius.
Thomas Strauss will become chairman of Ramius and vice chairman of Cowen Group, with a focus on expanding global relationships and partnerships in the asset management business.
Cohen says: “We are very pleased to have Michael join us as we accelerate the build out of the Ramius platform. Michael has an exceptionally strong and diverse background in alternative asset management, and he will focus on expanding our current suite of products and broadening our platform with new strategies and teams. Tom will dedicate his time on further developing the firm’s strategic relationships, distribution channels and client management and work with me in advancing the development of our quantitative trading group.”
Singer says: “I am very excited to be joining Ramius, which has a reputation for its talented investment teams, innovative products, outstanding client service and strong culture. The Ramius platform, offering a diverse array of liquid and illiquid alternative products, presently has core capabilities in credit, deep value equity, real estate, healthcare, risk arbitrage, systematic investing and hedge fund solutions. I look forward to working with the Ramius team to develop core and niche products, incubate new teams and offer solutions to our clients in meeting their investment goals.”