Cowen and Company has hired James Stone as a new Managing Director and Head of the firm’s Financial Sponsors Coverage. Mr. Stone is based in New York and reports to Chris McCabe and Kevin Raidy, Co-Heads of Investment Banking at Cowen and Company.
“I am delighted to welcome James to the firm,” said Jeffrey Solomon, Chief Executive Officer of Cowen and Company. “With over 15 years of experience advising clients across the private equity industry, he is well positioned to enhance our financial sponsor coverage in a variety of sectors. He is an important addition for the firm and will be a valuable asset to our clients.”
Mr. Stone joins Cowen from Gleacher & Company Securities, where he led the firm’s financial sponsor coverage practice. Prior to Gleacher, he was with the U.S. division of Macquarie Capital where he served as a Managing Director of Corporate Finance focusing on Financial Sponsor Coverage. Prior to that, he was a Managing Director of Corporate Finance focusing on Financial Sponsor Coverage at Imperial Capital. He was also a Managing Director in the Leveraged Finance and Financial Sponsor Coverage Groups at Credit Suisse. Mr. Stone received a BA in History and an MBA in Finance from Columbia University.
Cowen and Company offers industry focused investment banking for growth-oriented companies, domain knowledge-driven research and a sales and trading platform for institutional investors. Founded in 1918, the firm is headquartered in New York and has offices located in major financial centers around the world (www.cowen.com).