As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 5 hours ago
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.