March 30, 2004 — Money manager Cohen & Steers Inc., which oversees more than $15 billion in assets in mutual funds and other investments, plans to go public.
The company on Tuesday filed with the Securities and Exchange Commission to raise $100 million in its initial public offering of common stock.
New York-based Cohen & Steers runs four open-end mutual funds that focus on stocks of real estate investment trusts and utilities, as well as preferred stocks. Those funds had $4.4 billion in assets as of March 24, the company said in its filing.