A global investment manager focused on real assets and alternative income, Cohen & Steers runs open-end funds, active ETFs, institutional accounts, and closed-end funds for pensions, insurers, private banks, and wirehouses. It was founded in 1986 by Martin Cohen and Robert Steers, who had earlier managed the first real estate securities mutual fund in the U.S. and named the firm after themselves. The company pioneered giving everyday investors access to REITs, a market that was then little understood.
Cohen & Steers appoints Amit Muni as CFO, effective June 8, 2026
Muni previously served as CFO of CI Financial Corp. (2021–May 2026) and WisdomTree, Inc. (2008–2021).
Show detailsHide details
Amit Muni appointed Executive Vice President and CFO, effective June 8, 2026, succeeding Interim CFO Michael Donohue.
Muni will receive an annual base salary of $450,000 and a guaranteed minimum annual bonus of $2,050,000 for 2026 and 2027.
Muni will receive RSUs worth $860,000 on his start date to compensate for forfeited equity from his former employer, vesting over four years.
Donohue will remain Interim CFO until June 8, 2026, then continue as Controller.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Cohen & Steers shareholders elect nine directors, ratify Deloitte, approve executive pay at 2026 annual meeting
Edmond D. Villani received the lowest support with 41,225,181 votes for and 5,687,100 against; all other nominees received over 44.9 million votes for.
Show detailsHide details
At the April 30, 2026 annual meeting, shareholders elected all nine director nominees to serve until the 2027 annual meeting.
Shareholders ratified Deloitte & Touche LLP as independent auditor for fiscal year ending December 31, 2026, with 48,387,578 votes for.
A non-binding advisory vote approved named executive officer compensation, with 45,066,021 votes for and 1,877,729 against.
Broker non-votes totaled 1,818,454 on director elections and the executive compensation proposal.
5.07 Submission of Matters to a Vote of Security Holders
Cohen & Steers reports Q3 2025 diluted EPS of $0.81, AUM of $90.9 billion
Revenue rose 4.1% quarter-over-quarter to $141.7 million, with operating margin of 34.5% (36.1% as adjusted).
Show detailsHide details
Diluted EPS was $0.81 (GAAP and as adjusted) for Q3 2025, up from $0.72 (GAAP) in Q2 2025.
Ending AUM was $90.9 billion, up 2.2% from $88.9 billion at June 30, 2025, driven by net inflows of $233 million and market appreciation of $2.4 billion.
Net income attributable to common stockholders was $41.7 million (GAAP), up 13.2% from Q2 2025.
Cash, cash equivalents, U.S. Treasurys and liquid seed investments totaled $364.3 million at September 30, 2025.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Cohen & Steers CFO Raja Dakkuri resigns; Michael Donohue named interim CFO
Raja Dakkuri will resign as Executive Vice President and CFO effective October 17, 2025, having secured another opportunity, with no disagreement with the company.
Show detailsHide details
Michael Donohue, Senior Vice President and Controller, will become Interim CFO effective October 17, 2025, while retaining his current roles.
Donohue, 50, joined Cohen & Steers in May 2023; previously he was a Managing Director and Corporate Controller at Hamilton Lane.
Donohue receives a $300,000 bonus: $150,000 cash in Q1 2026 and $150,000 in restricted stock units vesting ratably over four years.
The company has initiated a search for a permanent CFO, considering internal and external candidates.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
The amended agreement provides a $100 million senior unsecured revolving credit facility maturing on August 15, 2029.
Show detailsHide details
Cohen & Steers, Inc. entered into a First Amendment to its Credit Agreement on August 15, 2025.
Bank of America, N.A. serves as administrative agent, sole lead arranger, and sole bookrunner; State Street Bank and Trust Company is syndication agent.
Borrowings may be used for working capital and general corporate purposes, with interest at variable rates based on Term SOFR or Base Rate plus an applicable margin.
The facility includes financial covenants on leverage and interest coverage, plus customary affirmative and negative covenants.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits