The UK based global co-head of prime brokerage Kevin Lo Primo to exit Cowen after nearly four years in the role.
The departure comes hot on the heels of the acquisition of Lo Primo's previous employer and European competitor Global Prime Partners (GPP) an organisation he served at for over five years in the role of managing director, head of hedge fund services and equity finance.
It is unknown if Lo Primo's departure is connected to the news announced in February where investment bank and financial services provider Cowen reported the expansion of its prime brokerage services through the integration of its team with the brokerage arm of Global Prime Partners (GPP).
The agreement included the transition of all GPP’s prime brokerage team, including personnel from the sales, operations, client service, onboarding and trading teams to Cowen.
Earlier roles in Lo Primo's 37-year illustrious career have included an 18-year stint at Goldman Sachs where he was head of prime brokerage product development and client services international and a somewhat shorter 18 months at Merrill Lynch as co-head of prime brokerage international.
