NEW YORK, March 10 /CNW/ -- Cohen & Steers, Inc. (NYSE: CNS) announced
today that Todd Voigt, CFA, has joined the firm as senior vice president and
portfolio manager. He will lead the creation of hedged real estate securities
portfolios, including the firm's long/short global real estate securities
strategy. Mr. Voigt was previously with Cliffwood Partners LLC, a real estate
investment management firm in Los Angeles, where he was the portfolio manager
for its absolute return real estate securities hedge fund and was co-manager
overseeing the short strategy for its 120/20 real estate securities hedge
"We are seeing increased demand from our clients and real estate
securities investors for hedged real estate strategies that can consistently
generate superior risk-adjusted returns," said Martin Cohen, co-chairman and
co-chief executive officer of Cohen & Steers. "A long/short portfolio
management capability will broaden our initiatives in the alternative
investment area, and will allow us to capitalize on diverse and increasing
investment opportunities in the global real estate securities markets."
"Todd has a strong track record in managing hedged real estate securities
portfolios," added Robert Steers, co-chairman and co-chief executive officer
of the firm. "This initiative will complement our strong lineup of regional
and global real estate securities investment strategies."
About Cohen & Steers. Cohen & Steers is a manager of high-income equity
portfolios specializing in U.S. REITs, international real estate securities,
preferred securities, utilities and listed infrastructure securities and large
cap value stocks. Headquartered in New York City, with offices in Brussels,
Hong Kong, London and Seattle, the company serves individual and institutional
investors through a wide range of open-end mutual funds, closed-end mutual
funds and institutional separate accounts.
This release is for informational purposes only and may not be construed
as investment advice or sales or marketing material for any financial product
or service sponsored or provided by Cohen & Steers, Inc. or any of its
affiliates or agents.
Forward Looking Statements. This press release and other statements that
Cohen & Steers may make may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, which reflect the company's current views
with respect to, among other things, its operations and financial performance.
You can identify these forward-looking statements by the use of words such as
"outlook," "believes," "expects," "potential," "continues," "may," "will,"
"should," "seeks," "approximately," "predicts," "intends," "plans,"
"estimates," "anticipates" or the negative versions of these words or other
comparable words. Such forward-looking statements are subject to various risks
Accordingly, there are or will be important factors that could cause
actual outcomes or results to differ materially from those indicated in these
statements. The company believes that these factors include, but are not
limited to, those described in the "Risk Factors" section of the company's
Annual Report on Form 10-K for the year ended December 31, 2006, which is
accessible on the Securities and Exchange Commission's website at sec.gov and
on the company's Web site at cohenandsteers.com. These factors should not be
construed as exhaustive and should be read in conjunction with the other
cautionary statements that are included in this release. The company
undertakes no obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future developments or
For further information:
For further information: Joseph Harvey, President of Cohen & Steers,
Inc., +1-212-832-3232 Web Site: http://www.cohenandsteers.com