Cohen & Company Inc. has announced the completion of certain closings under a Master Transaction Agreement with HCMC III, LLC, an affiliate of Hildene Capital Management, LLC. As per the agreement, Cohen & Company Financial Management, LLC, a subsidiary of Cohen & Company Inc., has sold its rights and obligations under the Collateral Management Agreements and Collateral Administration Agreements for Alesco Preferred Funding V, Ltd. and Alesco Preferred Funding VIII, Ltd. to HCMC III, LLC. The transaction, finalized on July 9, 2025, involved an aggregate purchase price of $837,447 after necessary purchase price reductions.
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