Cowen and Company is a financial institution whose business covers investment banking, institutional sales and trading, and asset management, which sounds traditional and has nothing special. However, Cowen and Company provides several alternative services, which are new and innovative, while doing well in the traditional services. Here, I would like to stress some of its featured businesses.

Investment banking-Cowen Latitude
Cowen Latitude is a wholly-owned Asia subsidiary of Cowen Group, which specializes in China crossborder M&A and private placements. With its headquarter in Hong Kong, Cowen Latitude also has offices in Beijing and Shanghai. They stick to the partner relationship between their clients and themselves, and try to help clients achieving their long term strategic and business objectives.
With the support from Cowen Group, and its specialization in Chinese market, its advisory services are of help to international corporates who are seeking an Asian or Chinese strategic investor to assist them in their expansion and growth in China. It has a focus on the growth sectors of Alternative Energy, Consumer, Health Care, Industrial, Media, Technology, Telecom and Aerospace & Defense.
Its career opportunities are especially designed for Chinese elite who has a financial background and if proficient in both Chinese Mandarin, and English. A minimum of 1 year work experience in the financial industry is required.


Asset Management-Cowen Capital Partners and Cowen Healthcare Royalty Partners

Cowen Capital Partners:
It’s the private equity affiliate of Cowen Group. With its primary investment in middle and lower middle market companies, it targets to make operational improvements, enhance strategic positioning and drive profitable growth through the partnership with management teams. It strives to offer companies in the middle and lower middle segment of the market access to a level of investment experience, industry contacts and other strategic resources which have been generally only available to much larger companies. Services like leverage buyout, and equity growth are made accessible to companies whose size are between $30 and $200 million and at least $10 million respectively.
Cowen Healthcare Royalty Partners(CHRP)
This is a private equity firm with a special focused investment in commercial stage healthcare companies and products. To this end, it creates several financing approaches, which are innovative in the industry.
SYNTHETIC ROYALTYSM financing is a royalty around a single product or a basket of product revenues. CHRP structures a royalty based on the product, and get return on the future revenues.
ROYALTY INTEREST or PASSIVE ROYALTY financing is the purchase of an existing royalty. CHRP buy the rights from another counterparty, which used to in possession of the royalty based on the sales of a specific product.
HYBRID financing is a mixed way of financing. CHRP creates financing solutions by investing in tructured debt and equity, a royalty interest and also likely a Synthetic Royalty financing.