COWEN GROUP INC NEW

CUSIP: 223622AB7 Class: Bond 30/360P2 U

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

Note: Option positions (PUT/CALL) are excluded.

Q2 2017

Shares 17,270,000 Value ($000) $17,842 Avg Close — Range —

Q1 2017

Shares 17,270,000 Value ($000) $17,407 Avg Close — Range —

Q4 2016

Shares 17,570,000 Value ($000) $17,561 Avg Close — Range —

Q3 2016

Shares 33,500,000 Value ($000) $32,557 Avg Close — Range —

Q2 2016

Shares 20,500,000 Value ($000) $18,373 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	17,270,000	$17,842	—	—
Q1 2017	17,270,000	$17,407	—	—
Q4 2016	17,570,000	$17,561	—	—
Q3 2016	33,500,000	$32,557	—	—
Q2 2016	20,500,000	$18,373	—	—