NEW YORK, Oct. 26, 2016 /PRNewswire/ -- Cohen & Steers
is celebrating its 30th anniversary. Over the past three decades, Cohen & Steers has achieved its vision of
becoming a leading manager of real asset strategies, building on its long-standing renown as a pioneer in listed real estate
investing.
Marty Cohen and Bob Steers launched the firm in 1986 and listed
Cohen & Steers, Inc. on the New York Stock Exchange in 2004. As of September 30,
2016, Cohen & Steers managed more than $60 billion in assets and employed
nearly 300 people in five offices across the U.S., Europe and Asia. Since its beginnings as a specialist investor in U.S. REITs, the firm has expanded its investment
capabilities to include other liquid real assets, including listed infrastructure, commodities and natural resource equities, as
well as preferred securities and other income solutions.
In commemoration of the 30-year milestone, the co-founders rang the opening bell of the New York Stock Exchange on
October 10, 2016. At its initial public offering on August 16, 2004,
Cohen & Steers, Inc. debuted at $13 per share with $15
billion in assets under management (AUM). Twelve years later, as of October 10, 2016, shares
traded at $40.69, with September 30, 2016 representing a quadrupling
of AUM during that period.
"I am excited and humbled to be celebrating this special milestone," said Bob Steers, the
firm's Chief Executive Officer. "Seeing the firm grow and evolve over the years has been incredibly gratifying and I look forward
to the tremendous possibilities that lie ahead. Just as we saw the opportunity in REITs 30 years ago, we believe investors are
just beginning to recognize the potential of real assets."
Cohen & Steers' strategies are available through a wide range of investment vehicles, including institutional accounts,
U.S. registered mutual funds, European institutional and retail funds, collective investment trusts, as well as limited
partnerships.
More information is available at cohenandsteers.com.
Symbol: (NYSE: CNS)
Past performance is no guarantee of future results. This is not an offer to sell or a solicitation of an offer to buy any
security.
About Cohen & Steers. Cohen & Steers is a global investment manager specializing in liquid real assets,
including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred
securities and other income solutions. Founded in 1986, the firm is headquartered in New York
City, with offices in London, Hong Kong, Tokyo and Seattle.
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