Nelson and DeJarnette leave Cowen
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.
