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People moves news

Nelson and DeJarnette leave Cowen


12 July 2018 Atlanta
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Douglas Nelson and Michael DeJarnette, the two co-heads of Cowen’s US prime brokerage, have left the company.

Nelson and DeJarnette had previously worked as CEO and executive director, respectively, of Convergex Prime Services.

They were appointed co-heads of Cowen’s US prime brokerage in 2017 following Cowen’s acquisition of Convergex and subsequent integration of its prime brokerage business. DeJarnette and Nelson were based in Cowen's Atlanta office.

The former co-head’s new roles have not yet been disclosed.

Cowen declined to comment.

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