Cowen Investment Management LLC Form 13F-HR Filed 2022-08-09

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
5 01 ACQUISITION CORP	COM CL A	33836P105	693	70,000	SH		DFND		70,000	0	0
8I ACQUISITION 2 CORP	ORDINARY SHARES	G2956R103	3,455	350,000	SH		DFND		350,000	0	0
ABG ACQUISITION CORP I	CL A SHS	G00496102	2,205	225,000	SH		DFND		225,000	0	0
ACCELERATE ACQUISITION CORP	UNIT 99/99/9999	00439D201	981	100,000	SH		DFND		100,000	0	0
ACHARI VENTURES HLDGS CORP I	COM	00444X101	1,499	150,000	SH		DFND		150,000	0	0
ADARA ACQUISITION CORP	UNIT 99/99/9999	00653H201	499	50,000	SH		DFND		50,000	0	0
ADIT EDTECH ACQUISITION CORP	UNIT 99/99/9999	007024201	983	100,000	SH		DFND		100,000	0	0
AEQUI ACQUISITION CORP	UNIT 11/30/2027	00775W201	3,451	350,000	SH		DFND		350,000	0	0
AF ACQUISITION CORP	CLASS A COM	001040104	975	100,000	SH		DFND		100,000	0	0
AF ACQUISITION CORP	UNIT 03/23/2028	001040203	974	100,000	SH		DFND		100,000	0	0
AGILE GROWTH CORP	CLASS A ORD	G01202103	2,651	270,000	SH		DFND		270,000	0	0
AIMFINITY INVESTMENT CORP I	UNIT 02/01/2029	G0135E100	4,730	479,715	SH		DFND		479,715	0	0
ALGOMA STL GROUP INC	COM	015658107	212	23,600	SH		DFND		23,600	0	0
ALTIMETER GROWTH CORP 2	COM CL A	G0371B109	4,930	500,000	SH		DFND		500,000	0	0
AMCI ACQUISITION CORP II	UNIT 03/24/2026	00166R209	1,485	150,000	SH		DFND		150,000	0	0
ANTHEMIS DIGITAL ACQUISITION	UNIT 10/18/2026	G03959122	403	40,000	SH		DFND		40,000	0	0
ANZU SPECIAL ACQUISITIN CORP	UNIT 01/27/2026	03737A200	490	50,000	SH		DFND		50,000	0	0
AP ACQUISITION CORP	UNIT 99/99/9999	G04058122	1,008	100,000	SH		DFND		100,000	0	0
APOLLO STRATEGIC GRWT CPTL I	*W EXP 02/12/202	G0412A128	25	100,000	SH		DFND		100,000	0	0
APOLLO STRATEGIC GRWT CPTL I	UNIT 99/99/9999	G0412A110	493	50,000	SH		DFND		50,000	0	0
ARCTOS NORTHSTAR ACQUIS CORP	SHS CL A	G0477L100	3,192	325,000	SH		DFND		325,000	0	0
ARCTOS NORTHSTAR ACQUIS CORP	UNIT 99/99/9999	G0477L118	490	50,000	SH		DFND		50,000	0	0
ARES ACQUISITION CORPORATION	COM CL A	G33032106	983	100,000	SH		DFND		100,000	0	0
ARES ACQUISITION CORPORATION	UNIT 99/99/9999	G33032114	493	50,000	SH		DFND		50,000	0	0
ARGUS CAPITAL CORP	CLASS A COM	04026L105	500	50,000	SH		DFND		50,000	0	0
ARGUS CAPITAL CORP	UNIT 08/31/2028	04026L204	1,002	100,000	SH		DFND		100,000	0	0
ATHLON ACQUISITION CORP	UNIT 01/12/2026	04748A205	2,463	250,000	SH		DFND		250,000	0	0
ATLANTIC AVE ACQUISITION COR	*W EXP 10/06/202	04906P119	24	297,915	SH		DFND		297,915	0	0
AULT DISRUPTIVE TECHS CORP	COM	05150A104	501	50,000	SH		DFND		50,000	0	0
AURORA ACQUISITION CORP	CLASS A ORD SHS	G0698L103	490	50,000	SH		DFND		50,000	0	0
AUTHENTIC EQUITY ACQUISTN CO	UNIT 10/31/2027	G06607116	495	50,000	SH		DFND		50,000	0	0
B RILEY PRINCIPAL 150 MERGER	*W EXP 03/01/202	05601V111	9	25,000	SH		DFND		25,000	0	0
BALLYS CORPORATION	COM	05875B106	245	12,406	SH		DFND		12,406	0	0
BANCO SANTANDER MEXICO SA	SPONSORED ADS B	05969B103	1,116	221,270	SH		DFND		221,270	0	0
BANNIX ACQUISITION CORP	COM	066644105	1,994	200,000	SH		DFND		200,000	0	0
BATTERY FUTURE ACQUISITION C	UNIT 99/99/9999	G0888J116	998	100,000	SH		DFND		100,000	0	0
BIG SKY GROWTH PARTNERS INC	UNIT 04/01/2026	08954L201	980	100,000	SH		DFND		100,000	0	0
BILANDER ACQUISITION CORP	UNIT 05/19/2026	09001T205	1,950	200,000	SH		DFND		200,000	0	0
BITE ACQUISITION CORP	UNIT 99/99/9999	09175K204	1,476	150,000	SH		DFND		150,000	0	0
BLACK MOUNTAIN ACQ CORP	CL A COM	09216A108	5,970	600,000	SH		DFND		600,000	0	0
BLEUACACIA LTD	UNIT 10/30/2026	G11728121	3,980	400,000	SH		DFND		400,000	0	0
BLOCKCHAIN MOON ACQUISITN CO	COM	09370F109	989	100,000	SH		DFND		100,000	0	0
BLUE OCEAN ACQUISITION CORP	UNIT 12/02/2026	G1330L113	994	100,000	SH		DFND		100,000	0	0
BLUERIVER ACQUISITION CORP	UNIT 01/04/2026	G1261Q123	985	100,000	SH		DFND		100,000	0	0
BLUESCAPE OPPORTUNITIES ACQU	SHS	G1195N105	991	100,000	SH		DFND		100,000	0	0
BUILD ACQUISITION CORP	COM CLASS A	12008J105	976	100,000	SH		DFND		100,000	0	0
BYTE ACQUISITION CORP	CLASS A ORD SHS	G1R25Q105	1,229	125,000	SH		DFND		125,000	0	0
CANNA GLOBAL ACQUISITION COR	CLASS A COM	13767K101	1,004	100,000	SH		DFND		100,000	0	0
CARNEY TECHNOLOGY ACQU CORP	UNIT 12/10/2025	143636207	836	85,000	SH		DFND		85,000	0	0
CARTESIAN GROWTH CORP II	UNIT 07/12/2028	G19305104	5,010	500,000	SH		DFND		500,000	0	0
CARTICA ACQUISITION CORP	UNIT 04/30/2028	G1995D125	1,005	100,000	SH		DFND		100,000	0	0
CATALYST PARTNRS ACQUISITN C	CLASS A ORD SHS	G19550105	9,750	1,000,000	SH		DFND		1,000,000	0	0
CC NEUBERGER PRINCIPAL HOLDN	UNIT 99/99/9999	G1992N118	3,661	372,041	SH		DFND		372,041	0	0
CHURCHILL CAPITAL CORP V	COM CL A	17144T107	1,966	200,000	SH		DFND		200,000	0	0
CHURCHILL CAPITAL CORP VI	COM CL A	17143W101	1,958	200,000	SH		DFND		200,000	0	0
CHURCHILL CAPITAL CORP VI	UNIT 99/99/9999	17143W200	3,448	350,000	SH		DFND		350,000	0	0
CHURCHILL CAPITAL CORP VII	COM CL A	17144M102	1,954	200,000	SH		DFND		200,000	0	0
CHURCHILL CAPITAL CORP VII	UNIT 99/99/9999	17144M201	985	100,000	SH		DFND		100,000	0	0
CIIG CAPITAL PARTNERS II INC	COM CL A	12561U109	989	100,000	SH		DFND		100,000	0	0
CLIMATE REAL IMPACT SLUTINS	COM CL A	187171103	492	50,000	SH		DFND		50,000	0	0
COLISEUM ACQUISITION CORP	UNIT 04/02/2028	G2263T115	2,450	250,000	SH		DFND		250,000	0	0
COLOMBIER ACQUISITION CORP	UNIT 99/99/9999	19533H207	2,428	250,000	SH		DFND		250,000	0	0
COMPASS DIGITAL ACQUISITN CO	UNIT 09/29/2026	G2476C115	965	100,000	SH		DFND		100,000	0	0
CONCORD ACQUISITION CORP	*W EXP 11/28/202	206071110	11	10,000	SH		DFND		10,000	0	0
CONCORD ACQUISITION CORP II	COM CL A	20607U108	6,755	700,000	SH		DFND		700,000	0	0
CONCORD ACQUISITION CORP III	COM CL A	20607V106	994	100,000	SH		DFND		100,000	0	0
CONCORD ACQUISITION CORP III	UNIT 99/99/9999	20607V205	502	50,000	SH		DFND		50,000	0	0
CONX CORP	COM CL A	212873103	989	100,000	SH		DFND		100,000	0	0
CORAZON CAPITAL V838 MONOCER	CLASS A ORD SHS	G24237102	1,369	140,000	SH		DFND		140,000	0	0
CORSAIR PARTNERING CORP	UNIT 99/99/9999	G2540H124	980	100,000	SH		DFND		100,000	0	0
CRIXUS BH3 ACQUISITION CO	UNIT 10/04/2026	22677T201	991	100,000	SH		DFND		100,000	0	0
CRUCIBLE ACQUISITION CORP	COM CL A	22877P108	492	50,000	SH		DFND		50,000	0	0
DA32 LIFE SCNCE TEC ACQSTN C	CLASS A COM	23312M106	969	100,000	SH		DFND		100,000	0	0
DHC ACQUISITION CORP	CLASS A ORD SHS	G2758T109	490	50,000	SH		DFND		50,000	0	0
DIAMONDHEAD HOLDINGS CORP	UNIT 01/21/2026	25278L204	392	40,000	SH		DFND		40,000	0	0
DMY TECHNOLOGY GROUP INC VI	CL A COM	233247105	734	75,000	SH		DFND		75,000	0	0
DP CAP ACQUISITION CORP I	CLASS A ORD	G2R05B100	1,490	150,000	SH		DFND		150,000	0	0
DRAGONEER GROWTH OPT CORP II	CL A SHS	G28315102	1,460	150,000	SH		DFND		150,000	0	0
ENERGEM CORP	CLASS A ORD SHS	G30449105	502	50,000	SH		DFND		50,000	0	0
ENTERPRISE 4.0 TEC ACQSTN CO	UNIT 10/14/2026	G3137C122	999	100,000	SH		DFND		100,000	0	0
EPIPHANY TECHNOLOGY ACQUISIT	UNIT 99/99/9999	29429X208	737	75,000	SH		DFND		75,000	0	0
EQ HEALTH ACQUISITION CORP	UNIT 02/02/2028	26886A200	2,954	300,000	SH		DFND		300,000	0	0
EQUITY DISTR ACQUISITION COR	COM CL A	29465E106	994	100,000	SH		DFND		100,000	0	0
EUCRATES BIOMEDICAL ACQU COR	SHS	G3141W106	495	50,000	SH		DFND		50,000	0	0
EUCRATES BIOMEDICAL ACQU COR	UNIT 10/23/2027	G3141W114	1,002	100,000	SH		DFND		100,000	0	0
EVE MOBILITY ACQUISITION COR	UNIT 99/99/9999	G3218G125	1,497	150,000	SH		DFND		150,000	0	0
FAR PEAK ACQUISITION CORP	*W EXP 12/07/202	G3312L111	1,800	1,427,011	SH		DFND		1,427,011	0	0
FAR PEAK ACQUISITION CORP	SHS CL A	G3312L103	196	20,000	SH		DFND		20,000	0	0
FIGURE ACQUISITION CORP I	COM CL A	302438106	980	100,000	SH		DFND		100,000	0	0
FINANCIAL STRATEGIES ACQUISI	CLASS A COM	31772T107	1,745	175,000	SH		DFND		175,000	0	0
FINTECH ECOSYSTEM DEVE	UNIT 04/01/2026	318136207	1,014	100,000	SH		DFND		100,000	0	0
FLAME ACQUISITION CORP	COM CL A	33850F108	734	75,000	SH		DFND		75,000	0	0
FLAME ACQUISITION CORP	UNIT 99/99/9999	33850F207	1,479	150,000	SH		DFND		150,000	0	0
FOCUS IMPACT ACQUISITION COR	UNIT 10/28/2026	34417L208	504	50,000	SH		DFND		50,000	0	0
FORTISTAR SUSTAINABLE SOL CO	UNIT 01/14/2026	34962M205	1,479	150,000	SH		DFND		150,000	0	0
FORTRESS CAPITAL ACQUISITION	UNIT 99/99/9999	G36427113	986	100,000	SH		DFND		100,000	0	0
FORTRESS VALUE ACQUISI CORP	UNIT 03/31/2028	34964K207	976	100,000	SH		DFND		100,000	0	0
FORUM MERGER IV CORP	CLASS A COM	349875104	1,954	200,000	SH		DFND		200,000	0	0
FRONTIER ACQUISITION CORP	UNIT 03/01/2026	G36826116	982	100,000	SH		DFND		100,000	0	0
FTAC HERA ACQUISITION CORP	UNIT 02/28/2026	G3728Y129	737	75,000	SH		DFND		75,000	0	0
FTAC PARNASSUS ACQUISITN COR	CLASS A COM	30319B108	982	100,000	SH		DFND		100,000	0	0
FTAC ZEUS ACQUISITION COR	UNIT 04/15/2026	30320F205	999	100,000	SH		DFND		100,000	0	0
FUSION ACQUISITION CORP II	COM CL A	36118N102	981	100,000	SH		DFND		100,000	0	0
FUSION ACQUISITION CORP II	UNIT 02/29/2028	36118N201	1,469	150,000	SH		DFND		150,000	0	0
G SQUARED ASCEND I INC	UNIT 99/99/9999	G4204R125	836	85,000	SH		DFND		85,000	0	0
GAMES & ESPORTS EXPRNC ACQ C	CLASS A ORD SHS	G3731J119	1,003	100,000	SH		DFND		100,000	0	0
GELESIS HLDGS INC	*W EXP 01/13/202	36850R113	10	100,000	SH		DFND		100,000	0	0
GLOBAL PARTNER ACQISTN CORP	UNIT 01/06/2026	G3934P110	986	100,000	SH		DFND		100,000	0	0
GLOBAL SYNERGY ACQUISIT CORP	UNIT 01/01/2024	G3934J114	1,990	200,000	SH		DFND		200,000	0	0
GOLDEN FALCON ACQUISITION CO	CL A	38102H109	985	100,000	SH		DFND		100,000	0	0
GORES HOLDINGS VII INC	COM CL A	38286T101	979	100,000	SH		DFND		100,000	0	0
GORES HOLDINGS VII INC	UNIT 02/12/2028	38286T200	491	50,000	SH		DFND		50,000	0	0
GRAB HOLDINGS LIMITED	*W EXP 12/01/202	G4124C117	8	19,900	SH		DFND		19,900	0	0
GREEN VISOR FIN TEC ACQ CORP	CLASS A ORD	G4166K100	801	80,000	SH		DFND		80,000	0	0
H I G ACQUISITION CORP	COM CL A	G44898107	1,485	150,000	SH		DFND		150,000	0	0
HEALTH SCIENCES ACQ CORP 2	ORD SHS	G4411D109	996	100,000	SH		DFND		100,000	0	0
HEALTHCARE SERVICES ACQU COR	UNIT 11/18/2023	42227K203	739	75,000	SH		DFND		75,000	0	0
HEARTLAND MEDIA ACQUISITION	UNIT 99/99/9999	42237V207	499	50,000	SH		DFND		50,000	0	0
HENNESSY CAPITAL INVS CORP V	COM CL A	42589T107	491	50,000	SH		DFND		50,000	0	0
HERTZ GLOBAL HLDGS INC	*W EXP 06/30/205	42806J148	11,436	1,168,099	SH		DFND		1,168,099	0	0
HORIZON ACQUISITION CORPORAT	SHS CL A	G46044106	6,045	610,000	SH		DFND		610,000	0	0
HUDSON EXECUTIVE INVES III	UNIT 02/22/2026	44376L206	735	75,000	SH		DFND		75,000	0	0
HUDSON EXECUTIVE INVS CORP I	UNIT 01/31/2027	443760202	983	100,000	SH		DFND		100,000	0	0
HUMANCO ACQUISITION CORP	COM CL A	44487N109	1,476	150,000	SH		DFND		150,000	0	0
ICONIC SPORTS ACQUISITION CO	UNIT 99/99/9999	G4712C123	2,014	200,000	SH		DFND		200,000	0	0
INDEPENDENCE HOLDINGS CORP	CLASS A ORD SHS	G4761A101	1,470	150,000	SH		DFND		150,000	0	0
INDEPENDENCE HOLDINGS CORP	UNIT 03/02/2026	G4761A119	4,669	475,000	SH		DFND		475,000	0	0
INDUSTRIAL HUMAN CAPITAL INC	UNIT 99/99/9999	45617P203	1,761	175,000	SH		DFND		175,000	0	0
INFINT ACQUISITION CORP	CL A ORD SHS	G47862100	502	50,000	SH		DFND		50,000	0	0
INTERPRIVATE II ACQUISITION	UNIT 99/99/9999	46064Q207	978	100,000	SH		DFND		100,000	0	0
INTERPRIVATE IV INFRATECH PR	UNIT 03/05/2026	46064T201	982	100,000	SH		DFND		100,000	0	0
INVESTCORP EUROPE ACQUISITIO	UNIT 12/15/2026	G4923T121	752	75,000	SH		DFND		75,000	0	0
INVESTCORP INDIA ACQUISTN CO	UNIT 06/01/2028	G49219119	1,007	100,000	SH		DFND		100,000	0	0
ITHAX ACQUISITION CORP	UNIT 12/31/2027	G49775110	1,008	100,000	SH		DFND		100,000	0	0
JACK CREEK INVESTMENT CORP	UNIT 10/01/2023	G4989X107	1,478	150,000	SH		DFND		150,000	0	0
JATT ACQUISITION CORP	UNIT 99/99/9999	G50752115	1,009	100,000	SH		DFND		100,000	0	0
JAWS HURRICANE ACQUISITN COR	CLASS A COM	47201B103	1,942	200,000	SH		DFND		200,000	0	0
JAWS MUSTANG ACQUISITION COR	SHS CL A	G50737108	2,113	215,000	SH		DFND		215,000	0	0
JIYA ACQUISITION CORP	COM CL A	47760M102	593	60,000	SH		DFND		60,000	0	0
JUNIPER II CORP	CL A COM	48203N103	993	100,000	SH		DFND		100,000	0	0
KAIROS ACQUISITION CORP	UNIT 99/99/9999	G52110122	739	75,000	SH		DFND		75,000	0	0
KERNEL GROUP HOLDINGS INC	CL A SHS	G5259L103	491	50,000	SH		DFND		50,000	0	0
KHOSLA VENTURES ACQUISITION	CL A	482504107	1,463	150,000	SH		DFND		150,000	0	0
KKR ACQUISITION HOLDING I CO	COM CLASS A	48253T109	1,958	200,000	SH		DFND		200,000	0	0
KKR ACQUISITION HOLDING I CO	UNIT 99/99/9999	48253T208	495	50,000	SH		DFND		50,000	0	0
KL ACQUISITION CORP	UNIT 99/99/9999	49837C208	736	75,000	SH		DFND		75,000	0	0
L CATTERTON ASIA ACQUISITION	CLASS A ORD SHS	G5346G125	2,460	250,000	SH		DFND		250,000	0	0
LAVA MEDTECH ACQUISITION COR	UNIT 10/21/2026	519345201	1,002	100,000	SH		DFND		100,000	0	0
LAZARD GROWTH ACQUISITION CO	CL A ORD SHS	G54035103	980	100,000	SH		DFND		100,000	0	0
LAZARD GROWTH ACQUISITION CO	UNIT 99/99/9999	G54035129	985	100,000	SH		DFND		100,000	0	0
LDH GROWTH CORP I	CLASS A ORD SHS	G54094100	977	100,000	SH		DFND		100,000	0	0
LEARN CW INVESTMENT COR	CL A ORD SHS	G54157105	1,988	200,000	SH		DFND		200,000	0	0
LEO HLDGS CORP II	COM CL A	G5463R102	740	75,000	SH		DFND		75,000	0	0
LEO HLDGS CORP II	UNIT 99/99/9999	G5463R110	1,476	150,000	SH		DFND		150,000	0	0
LIBERTY BROADBAND CORP	COM SER A	530307107	3,482	30,669	SH		DFND		30,669	0	0
LIBERTY MEDIA ACQUISITION CO	COM SR A	53073L104	591	60,038	SH		DFND		60,038	0	0
LIBERTY MEDIA CORP DEL	COM A SIRIUSXM	531229409	448	12,432	SH		DFND		12,432	0	0
LIBERTY MEDIA CORP DEL	COM C SIRIUSXM	531229607	1,492	41,400	SH		DFND		41,400	0	0
LIGHTJUMP ACQUISITION CORP	UNIT 01/06/2026	53228M205	999	100,000	SH		DFND		100,000	0	0
LIV CAPITAL ACQUISITN CORP I	UNIT 02/07/2027	G5510R121	1,000	100,000	SH		DFND		100,000	0	0
LLOYDS BANKING GROUP PLC	SPONSORED ADR	539439109	9,060	4,441,183	SH		DFND		4,441,183	0	0
LONGVIEW ACQUISITION CORP II	COM CL A	54319Q105	1,710	175,000	SH		DFND		175,000	0	0
M3 BRIGADE ACQUISITION II CO	COM CL A	553800103	4,905	500,000	SH		DFND		500,000	0	0
M3 BRIGADE ACQUISITION III	CL A COM	55407R103	1,994	200,000	SH		DFND		200,000	0	0
MANA CAP ACQUISITION CORP	COMMON STOCK	56168P104	497	50,000	SH		DFND		50,000	0	0
MAQUIA CAPITAL ACQUISITION C	CLASS A COM	56564V101	1,022	100,000	SH		DFND		100,000	0	0
MASON INDUSTRIAL TECHNOLGY I	COM CL A	57520Y106	3,179	325,000	SH		DFND		325,000	0	0
MASON INDUSTRIAL TECHNOLGY I	UNIT 99/99/9999	57520Y205	985	100,000	SH		DFND		100,000	0	0
MINORITY EQUALITY OPPORTUNIT	CLASS A COM	60436Q100	1,013	100,000	SH		DFND		100,000	0	0
MONUMENT CIRCLE ACQUISITN CO	UNIT 01/14/2026	61531M200	492	50,000	SH		DFND		50,000	0	0
MOUNTAIN CREST ACQSTN CORP I	COM	62402U107	989	100,000	SH		DFND		100,000	0	0
NATURAL ORDER ACQUISITION CO	COM	63889L107	2,470	250,000	SH		DFND		250,000	0	0
NIGHTDRAGON ACQUISITION CORP	UNIT 02/26/20266	65413D204	734	75,000	SH		DFND		75,000	0	0
NOBLE ROCK ACQUISITION CORP	UNIT 01/31/2028	G6546R127	2,458	250,000	SH		DFND		250,000	0	0
NOMURA HLDGS INC	SPONSORED ADR	65535H208	358	100,000	SH		DFND		100,000	0	0
NORTHVIEW ACQUISITION CORP	COM	66718N103	990	100,000	SH		DFND		100,000	0	0
OMEGA ALPHA SPAC	CL A	G6749V107	246	25,000	SH		DFND		25,000	0	0
ONE EQUITY PARTNERS OPEN WTR	CL A	68237L105	3,437	350,000	SH		DFND		350,000	0	0
ONE EQUITY PARTNERS OPEN WTR	UNIT 01/14/2026	68237L204	983	100,000	SH		DFND		100,000	0	0
OYSTER ENTERPRISES ACQ CORP	UNIT 01/20/2026	69242M203	982	100,000	SH		DFND		100,000	0	0
PANACEA ACQUISITION CORP II	CL A SHS	G6882C106	488	50,000	SH		DFND		50,000	0	0
PEPPERLIME HEALTH ACQUSTN CO	UNIT 99/99/9999	G70021129	993	100,000	SH		DFND		100,000	0	0
PERCEPTION CAPITAL CORP II	UNIT 10/25/2026	G7007D128	502	50,000	SH		DFND		50,000	0	0
PIONEER MERGER CORP	CL A SHS	G7S24C103	985	100,000	SH		DFND		100,000	0	0
PMV CONSUMER ACQUISITION COR	COM	693486102	496	50,000	SH		DFND		50,000	0	0
PONTEM CORPORATION	UNIT 99/99/9999	G71707114	987	100,000	SH		DFND		100,000	0	0
POWERED BRANDS	UNIT 99/99/9999	G7209M124	988	100,000	SH		DFND		100,000	0	0
PRIVETERRA ACQUISITION CORP	UNIT 99/99/9999	74275N201	738	75,000	SH		DFND		75,000	0	0
PROGRESS ACQUISITION CORP	UNIT 12/25/2025	74327P204	992	100,000	SH		DFND		100,000	0	0
PROOF ACQUISITION CORP I	UNIT 99/99/9999	74349W203	991	100,000	SH		DFND		100,000	0	0
PROPERTY SOLUTIONS ACQUISITI	UNIT 03/01/2026	74350A207	244	25,000	SH		DFND		25,000	0	0
PROPTECH INVESTMENT CORP II	COM CL A	743497109	2,465	250,000	SH		DFND		250,000	0	0
PROTERRA INC	COM	74374T109	49,067	10,574,685	SH		DFND		10,574,685	0	0
PYROPHYTE ACQUISITION CORP	UNIT 99/99/9999	G7308P119	1,006	100,000	SH		DFND		100,000	0	0
RECHARGE ACQUISITION CORP	COM CL A	756229100	1,251	125,000	SH		DFND		125,000	0	0
REDWOODS ACQUISITION CORP	UNIT 03/15/2027	758083208	1,000	100,000	SH		DFND		100,000	0	0
REVOLUTION HEALTHCAR AQ CORP	CLASS A COM	76155Y108	4,152	425,000	SH		DFND		425,000	0	0
RMG ACQUISITION CORP III	CL A SHS	G76088106	3,441	350,000	SH		DFND		350,000	0	0
RMG ACQUISITION CORP III	UNIT 02/08/2026	G76088114	247	25,000	SH		DFND		25,000	0	0
ROSS ACQUISITION CORP II	SHS CL A	G7641C106	1,964	200,000	SH		DFND		200,000	0	0
RXR ACQUISITION CORP	UNIT 01/01/2025	74981W206	246	25,000	SH		DFND		25,000	0	0
SCIENCE STRATEGIC ACQ ALPHA	UNIT 01/20/2026	808641203	981	100,000	SH		DFND		100,000	0	0
SCION TECH GROWTH I	CL A SHS	G31067104	1,978	200,000	SH		DFND		200,000	0	0
SCION TECH GROWTH I	UNIT 12/17/2025	G31067120	493	50,000	SH		DFND		50,000	0	0
SCP & CO HEALTHCARE ACQUSTN	UNIT 10/27/2025	784065203	1,720	175,000	SH		DFND		175,000	0	0
SENIOR CONNECT ACQUISITN COR	COM CL A	81723H108	3,444	350,000	SH		DFND		350,000	0	0
SHELTER ACQUISITION CORP I	UNIT 02/25/2026	822821203	989	100,000	SH		DFND		100,000	0	0
SHOULDERUP TECHNOLOGY ACQUIS	UNIT 99/99/9999	82537G203	2,488	250,000	SH		DFND		250,000	0	0
SIMON PROPERTY GRP ACQ HOLDI	COM CL A	82880R103	1,960	200,000	SH		DFND		200,000	0	0
SIRIUS XM HOLDINGS INC	COM	82968B103	231	250,000	SH	Put	DFND		250,000	0	0
SIRIUSPOINT LTD	COM	G8192H106	366	67,613	SH		DFND		67,613	0	0
SLAM CORP	UNIT 99/99/9999	G8210L113	2,967	300,000	SH		DFND		300,000	0	0
SOCIAL CAP SUVRETTA HLDS CP	CLASS A ORD SHS	G8253Y105	486	50,000	SH		DFND		50,000	0	0
SOCIAL CAP SUVRETTA HLDS CRP	CLASS A ORD SHS	G8253U103	972	100,000	SH		DFND		100,000	0	0
SOCIAL LEVERAGE ACQUISN CORP	COM CL A	83363K102	1,966	200,000	SH		DFND		200,000	0	0
SPORTSMAP TECH ACQUISITIN CO	UNIT 09/01/2027	84921J207	996	100,000	SH		DFND		100,000	0	0
SPORTSTEK ACQUISITION CORP	UNIT 02/16/2028	849196209	987	100,000	SH		DFND		100,000	0	0
SPRINGWATER SPL SITUATIONS C	UNIT 12/01/2027	85205U206	995	100,000	SH		DFND		100,000	0	0
STEEL CONNECT INC	COM	858098106	290	216,787	SH		DFND		216,787	0	0
STONEBRIDGE ACQUISITION CORP	UNIT 04/11/2026	G85094111	995	100,000	SH		DFND		100,000	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	58,502	9,915,600	SH		DFND		9,915,600	0	0
SUMMIT HEALTHCRE ACQUISTN CO	UNIT 06/03/2026	G8566R128	1,950	200,000	SH		DFND		200,000	0	0
SUPERNOVA PARTN ACQ CO III L	UNIT 99/99/9999	G8T90F110	2,940	300,000	SH		DFND		300,000	0	0
SUSTAINABLE DEVELP ACQU I CO	UNIT 02/04/2026	86934L202	491	50,000	SH		DFND		50,000	0	0
SVF INVESTMENT CORP	CL A SHS	G8601L102	4,930	500,000	SH		DFND		500,000	0	0
SVF INVESTMENT CORP 2	CL A SHS	G8601M100	491	50,000	SH		DFND		50,000	0	0
TCW SPECIAL PURPOSE ACQU COR	UNIT 99/99/9999	87301L205	984	100,000	SH		DFND		100,000	0	0
TECH AND ENERGY TRANSITION	CLASS A COM	87823R102	1,954	200,000	SH		DFND		200,000	0	0
THUNDER BRIDGE CAP PRTNRS II	UNIT 02/15/2028	88605T209	1,960	200,000	SH		DFND		200,000	0	0
TISHMAN SPEYER INNOVATION CO	COM CL A	88825H100	734	75,000	SH		DFND		75,000	0	0
TISHMAN SPEYER INNOVATION CO	UNIT 02/11/2026	88825H209	490	50,000	SH		DFND		50,000	0	0
TORTOISEECOFIN ACQUISITION C	UNIT 99/99/9999	G8956E208	1,473	150,000	SH		DFND		150,000	0	0
TPB ACQUISITION CORP I	COM CL A	G8990L101	966	100,000	SH		DFND		100,000	0	0
TWELVE SEAS INVESTMENT CO II	UNIT 99/99/9999	90118T205	491	50,000	SH		DFND		50,000	0	0
TWIN RIDGE CAPITAL ACQUIS CO	UNIT 99/99/9999	G9151L112	3,437	350,000	SH		DFND		350,000	0	0
TZP STRATEGIES ACQUISTN CORP	UNIT 01/06/2026	G91595127	984	100,000	SH		DFND		100,000	0	0
VALOR LATITUDE ACQUISITN COR	UNIT 04/02/2026	G9460N114	979	100,000	SH		DFND		100,000	0	0
VALUENCE MERGER CORP I	UNIT 02/18/2027	G9R16L126	2,028	200,000	SH		DFND		200,000	0	0
VECTOIQ ACQUISITION CORP II	COM CL A	92244F109	982	100,000	SH		DFND		100,000	0	0
VECTOIQ ACQUISITION CORP II	UNIT 99/99/9999	92244F208	1,962	200,000	SH		DFND		200,000	0	0
VELOCITY ACQUISITION CORP	COM CL A	92259E104	1,954	200,000	SH		DFND		200,000	0	0
WARBURG PINCUS CAPTAL CORP I	SHS CL A	G9461D107	981	100,000	SH		DFND		100,000	0	0
WARBURG PINCUS CAPTAL CORP I	SHS CL A	G9460M108	1,470	150,000	SH		DFND		150,000	0	0
WARBURG PINCUS CAPTAL CORP I	UNIT 99/99/9999	G9461D123	495	50,000	SH		DFND		50,000	0	0
WARRIOR TECHNOLOGIES ACQUI C	UNIT 03/31/2028	936273200	499	50,000	SH		DFND		50,000	0	0
WORLD QUANTUM GROWTH ACQUISI	SHS CL A	G5596W101	993	100,000	SH		DFND		100,000	0	0
WORLDWIDE WEBB ACQUISITION C	UNIT 10/20/2026	G97775129	990	100,000	SH		DFND		100,000	0	0
ZIMMER ENERGY TRANSITION ACQ	COM CL A	989570106	1,942	200,000	SH		DFND		200,000	0	0

Check here if Amendment:	☐ Amendment Number:
This Amendment (Check only one.):	☐ is a restatement. ☐ adds new holdings entries.

Name:	Cowen Investment Management LLC
Address:	599 LEXINGTON AVENUE, 20TH FLOOR

	NEW YORK, NY 10022
Form 13F File Number:	028-13626

Name:	Andrea JS Sayago
Title:	Chief Compliance Officer
Phone:	212-201-4829

Number of Other Included Managers:	0
Form 13F Information table Entry Total:	248
Form 13F Information table Value Total:	470203 (thousands)

Institutional Investment Manager Filing this Report:

Signature, Place, and Date of Signing:

Report Type (Check only one.):

Form 13F Summary Page

Report Summary:

List of Other Included Managers: