M&A
confidence high
sentiment neutral
materiality 0.70
Cohen & Company completes sale of three Alesco CDO management agreements to Hildene affiliate for $2.02M
Cohen & Co Inc.
- Final closing on Sept 5, 2025, transferred Alesco III, IV, and VI CDO agreements for $2,022,403 after purchase price reductions.
- Combined with July 9 closing on Alesco V and VIII ($837,447), total proceeds from all five CDO agreements is ~$2.86M.
- No further closings under the Master Transaction Agreement; sale is fully completed.
- Buyer is HCMC III, LLC, an affiliate of Hildene Capital Management, an SEC-registered investment adviser.
- Seller is Cohen & Company Financial Management, an investment advisor subsidiary of Cohen & Company Inc.