Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 40

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 40
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   The following table presents additional information about investments in certain entities that calculate NAV per share (regardless of whether the “practical expedient” provisions of FASB ASC 820 have been applied), which were measured at fair value on a recurring basis at  September 30, 2025 and  December 31, 2024.

      Fair Value September 30, 2025   Unfunded Commitments    Redemption Frequency    Redemption Notice Period  
 Other investments, at fair value                 
                 
 CK Capital Value Fund (a)  $1,173   N/A   N/A   N/A 
 CREO JV (b)   8,921  $7,268   N/A   N/A 
 U.S. Insurance JV (c)   2,574   N/A   N/A   N/A 
  $12,668             

   ﻿ 
   
       Fair Value December 31, 2024    Unfunded Commitments    Redemption Frequency    Redemption Notice Period  
 Other investments, at fair value                 
 CREO JV (b)  $6,432  $10,118   N/A   N/A 
 U.S. Insurance JV (c)  2,825  N/A  N/A  N/A 
  $9,257             

    N/A Not Applicable 
 (a)CK Capital Value Fund invests primarily in office buildings in the Netherlands.  
 (b) The CREO JV invests primarily in multi-family commercial real estate mortgage-backed loans. 
  (c)  The U.S. Insurance JV invests in USD denominated debt issued by small and medium size insurance and reinsurance companies.  

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   9. DERIVATIVE FINANCIAL INSTRUMENTS 
    
   FASB ASC 815, Derivatives and Hedging (“ASC 815”), provides for optional hedge accounting. When a derivative is deemed to be a hedge and certain documentation and effectiveness testing requirements are met, reporting entities can record all or a portion of the change in the fair value of a designated hedge as an adjustment to Accumulated Other Comprehensive Income  ("AOCI")  rather than as a gain or loss in the statements of operations. To date, the Company has not designated any derivatives as hedges under