Cowen brings on LoPrimo to head prime services
15 June 2016 New York
Image: Shutterstock
Kevin LoPrimo has joined Cowen Prime Services as managing director and head of international prime brokerage.
LoPrimo has moved to Cowen after nearly five years at Global Prime Partners, where he served as managing director and head of fund services and equity finance.
According to Cowen, LoPrimo managed the creation of the first European-based boutique prime broker that provided full prime brokerage services to hedge funds with assets under management of less than $200 million.
Previously, LoPrimo worked at UBS and Merrill Lynch in various prime brokerage roles.
LoPrimo said: “Cowen Prime has built an impressive business dedicated to supporting a wide variety of investment managers, and has developed a strong reputation among its clients in the US for the breadth of its offering and the service level it provides.”
“I look forward to working with the team and utilizing my many years of experience in prime brokerage to introduce Cowen Prime’s platform to the international markets and inform investment managers of the new solutions that will be available to them.”
Mike Rosen, managing director and global co-head of prime brokerage services, said: “Cowen has been laying the groundwork for our entry into the prime brokerage and outsourced trading business in Europe for many months and we are pleased to welcome Kevin LoPrimo to our leadership team.”
“We believe that his extensive international prime brokerage expertise will help accelerate the implementation of Cowen Prime’s platform in Europe and Asia and the introduction of our comprehensive solutions to investment managers in those markets.”
LoPrimo has moved to Cowen after nearly five years at Global Prime Partners, where he served as managing director and head of fund services and equity finance.
According to Cowen, LoPrimo managed the creation of the first European-based boutique prime broker that provided full prime brokerage services to hedge funds with assets under management of less than $200 million.
Previously, LoPrimo worked at UBS and Merrill Lynch in various prime brokerage roles.
LoPrimo said: “Cowen Prime has built an impressive business dedicated to supporting a wide variety of investment managers, and has developed a strong reputation among its clients in the US for the breadth of its offering and the service level it provides.”
“I look forward to working with the team and utilizing my many years of experience in prime brokerage to introduce Cowen Prime’s platform to the international markets and inform investment managers of the new solutions that will be available to them.”
Mike Rosen, managing director and global co-head of prime brokerage services, said: “Cowen has been laying the groundwork for our entry into the prime brokerage and outsourced trading business in Europe for many months and we are pleased to welcome Kevin LoPrimo to our leadership team.”
“We believe that his extensive international prime brokerage expertise will help accelerate the implementation of Cowen Prime’s platform in Europe and Asia and the introduction of our comprehensive solutions to investment managers in those markets.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
