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Komfie Manalo, Opalesque Asia for New Managers:

Global investment management Cowen Investment Management is leading a seeding and incubating initiative to expand its alternative investment management platform, the company said.

Cowen Investment, a unit of Cowen Inc. with $11 billion in assets under management, said the company plans to develop its internal investment capabilities and partnering with outside managers to push its existing products, invest in managers and develop new investment vehicles. Elizabeth Flisser Rosman has been tapped by Cowen Investment to lead the effort and was appointed as managing director and head of strategy.

"We are extremely fortunate to have Elizabeth join Cowen as the firm continues to expand existing products, invest in managers and develop new investment vehicles relevant to Cowen's sector expertise and the global environment," said Fred S. Fraenkel, head of investment management and vice chairman of Cowen. "Elizabeth has the experience, deep industry knowledge and proven judgment to have an immediate impact on our platform and help Cowen meet the needs of our clients."

Rosman will draw on her deep experience in seeding and incubating alternative investment strategies to help Cowen achieve this g......................

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