Ramius Hedge Fund Manager Takes Private Equity I-Banking Post

Jun 16 2010 | 12:11pm ET

Alternative investments shop Cowen Group—the former Ramius Capital—is moving one of its hedge fund portfolio managers to the private equity side.

The New York-based firm named Kevin Raidy head of its private equity capital markets group. In his new post, he’ll oversee origination and execution of private capital-raising, including private investments in public equities. Raidy is no stranger to PIPEs, having served as portfolio manager for PIPEs, opportunistic financings and convertible bonds since joining Ramius two years ago.

“As we continue to expand our equity capital markets platform, I am very pleased to welcome Kevin in this new role,” Cowen & Co. investment banking chief Scott Ryles said. “Kevin’s deep experience in both the buy- and sell-side of the industry will have an immediate incremental impact on our equity capital markets business and further increase our capabilities across a broader range of equity products.”

Before entering the hedge fund world as founder of H4 Capital Management, Raidy spend 10 years at his own boutique investment bank, Shipley Raidy Capital Partners.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...