Company Overview

Cohen & Steers, Inc. is a publicly traded investment management holding company specializing in real assets and alternative income strategies. The firm operates primarily within the global asset management industry, with a focused emphasis on listed real estate securities, infrastructure, preferred securities, and other income-oriented asset classes. Its core revenue is generated through investment advisory and administrative fees earned from managing institutional and retail investment products.

Founded in 1986, Cohen & Steers is widely recognized as a pioneer in listed real estate securities investing, particularly real estate investment trusts (REITs). The company built its reputation on deep sector specialization and active management, positioning itself as a dedicated real assets manager rather than a diversified multi-asset firm. Over time, it expanded into adjacent real asset categories while maintaining a concentrated strategic focus.

Business Operations

Cohen & Steers conducts its business primarily through its wholly owned operating subsidiary, Cohen & Steers Capital Management, Inc., which serves as the investment adviser to the firm’s funds and separate accounts. The company’s principal business segments include Real Estate Securities, Infrastructure, Preferred Securities, and Other Income-Oriented Strategies, with assets managed for institutional investors, financial intermediaries, and individual clients.

Revenue is primarily derived from management fees based on assets under management (AUM), supplemented by distribution and service fees related to its open-end and closed-end funds. The firm manages mutual funds, closed-end funds, exchange-traded funds, and separate accounts, with investment activities supported by proprietary research, portfolio management, and risk management capabilities. Its operations are predominantly investment advisory in nature, rather than capital-intensive or technology-driven.

Strategic Position & Investments

Cohen & Steers’ strategy centers on maintaining leadership in listed real assets through specialization, research depth, and long-term investment expertise. Growth initiatives have focused on expanding product offerings within infrastructure and income strategies, broadening distribution channels, and selectively entering new real asset categories aligned with its core competencies.

The company has historically favored organic growth over large-scale acquisitions, investing primarily in internal research capabilities, portfolio management talent, and distribution infrastructure. Its strategic positioning emphasizes active management, inflation-sensitive assets, and income generation, which it markets as differentiators relative to broader asset management peers. There is no verified public evidence of significant controlling stakes in unrelated operating businesses or material joint ventures outside its investment management subsidiaries.

Geographic Footprint

Cohen & Steers is headquartered in New York, United States, and maintains a primarily U.S.-based operational footprint. However, its investment activities and client base are global in nature, with portfolios invested across North America, Europe, Asia-Pacific, and other international real estate and infrastructure markets.

The firm serves institutional and intermediary clients in multiple regions, including Europe and Asia, supported by dedicated client service and distribution personnel. While the majority of employees and executives are U.S.-based, the company’s global investment exposure and international client relationships give it a meaningful presence across major developed real asset markets worldwide.

Leadership & Governance

Cohen & Steers is led by a management team with long tenure at the firm and deep specialization in real assets investing. Leadership emphasizes disciplined active management, sector specialization, and long-term alignment with client interests, consistent with the firm’s history and strategic communications.

Key executives include:

• Joseph M. Harvey – Chief Executive Officer
• John T. Minahan – President
• Roger W. Berzins – Chief Investment Officer
• Matthew W. Schissler – Chief Financial Officer
• Peter M. Mansfield – General Counsel and Chief Compliance Officer

The company operates under a traditional public company governance structure, with oversight provided by an independent board of directors and executive leadership accountable to shareholders through regular public reporting and disclosures.