“As an externally managed REIT, AFN has access to the substantial resources of its manager, Cohen & Company.”

ALESCO Financial Inc. (AFN) is a real estate investment trust (REIT). Unlike many REITs which own real estate directly, AFN makes investments in real estate-related and other securities. AFN's portfolio consists of investments in Trust Preferred Securities (TruPS), Mortgage Backed Securities (MBS) and Corporate Loan Obligations (CLO). AFN is externally managed by Cohen & Company, a leading investment banking and asset management firm focusing on lending to the real estate and financial services industries.