Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 2424

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 4
Chunk 2424
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 In accordance with the CK Capital shareholders agreement, the Company  may receive fees for consulting services provided by the Company to CK Capital.  Any fees earned for such consulting services are included in principal transactions and other income in the table below. See note 12. 
    
   CREO JV
    
   CREO JV is considered a related party because it is an equity method investment of the Company. The Company has an investment in and a servicing agreement with CREO JV.  Income earned, or loss incurred, on the investment is included as part of principal transactions and other income.  Revenue earned on the servicing contract is included as part of asset management in the table below.  As of  December 31, 2024, the Company owned 7.5% of the equity of CREO JV.
    
   U.S. Insurance JV 
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   U.S. Insurance JV is considered a related party because it is an equity method investment of the Company. The Company has an investment in and a management contract with U.S. Insurance JV.  Income earned, or loss incurred, on the investment is included as part of principal transactions and other income.  Revenue earned on the management contract is included as part of asset management in the table below.  As of  December 31, 2024, the Company owned 1.86% of the equity of U.S. Insurance JV.
    
   SPAC Fund
    
   The SPAC Fund was considered a related party because it was an equity method investment of the Company prior to its consolidation effective  April 1, 2023 (see note 4).  The Company had an investment in and a management contract with the SPAC Fund.  Income earned, or loss incurred, on the investment prior to consolidation is included as part of principal transactions and other income in the table below.  Revenue earned on the management contract prior to consolidation is included as part of asset management in the table below. 
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     Insurance SPAC III

   Insurance SPAC III was considered a related party because it was an equity method investment of the Company.  The Operating LLC was the manager of the Insurance SPAC III Sponsor Entities, and the Company consolidated the Insurance SPAC III Sponsor Entities. On  November 18, 2022, Insurance SPAC III