News

Cohen Asset Management, Inc. Adds Two Portfolio Accountants for its Separate Account Business  
Los Angeles, California (May 30, 2012)
 
Following the high profile hire of Bob Beedle,Cohen Asset Management, Inc. has aggressively expanded its back office, making two new hires. The private equity real estate investment firm has tapped CIM veteran Ando Baloyan and Watt Companies Ramiro Segura to lead the financial group whose primary responsibilities will be the oversight for the accounting and reporting functions for the firm’s separate accounts business. Mr. Baloyan and Mr. Segura will be working out of the firm’s Los Angeles office and, will be key members of the investment group that report directly to the Asset Manager's of the specific accounts and the Chief Financial Officer, Scott McGinness.
 
“This move has been in the works for quite some time given the increase in our asset base over the past 12 months and the deals we have in our pipeline. Our investor’s will see this as just one more example of our deep bench and strong platform to complement each investment we make,” stated Scott McGinness, Executive Vice President and Chief Financial officer of Cohen Asset Management
 
“Cohen Asset Management’s reputation in the marketplace is tremendous and one of the things that was very attractive to us about coming to Cohen was the fact that it’s culture isn’t about being the biggest shop, but the firm that is interested in best quality and best practices,“ said Ando Baloyan.  Ando is an active member of the Los Angeles community acting as a mentor at Generation Next as well as head coach of men’s junior varsity basketball team at YMCA of Glendale.
 
 
About Cohen
Cohen Asset Management, Inc., (“CAM”), is a private commercial and industrial real estate investment firm whose relationships extend to high net worth individuals, institutional investors and domestic business entities. The private real estate investment firm is an active operator and investor of commercial and industrial real estate assets and has a well-established reputation as a value added investor focusing on commercial and industrial real estate opportunities that are inefficiently priced due to a variety of circumstances such as vacancies, rollover risk, sub-optimal management, inefficient current use, deferred maintenance, long-term undervalued leases or other unfavorable property and market conditions.
 
Forward looking Statement
Except for the historical facts, the statements in this press release regarding CAM’s business activities are forward-looking statements based on the beliefs of, assumptions made by, and information currently available to us about known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on past forward-looking statements to anticipate future results or trends. Except as required by law, we assume no obligation to update any such forward-looking statements.
 
Media Contact:
Scott McGinness
(310) 860-0598