Cohen & Co finalized the acquisition of BBD’s Investment Management Group (BBD-IMG), effective today. Cohen & Co is now the second-largest exchange-traded fund (ETF) auditor and fourth-largest registered funds auditor in the U.S. by number of funds (Audit Analytics, March 2023).
All seven of BBD-IMG’s partners have joined the firm, along with their talented audit and tax team. The group now has 300 industry dedicated professionals and expands Cohen & Co’s footprint to the Philadelphia market.
Cohen & Co works with more than 2,500 registered and non-registered funds, including closed-end interval funds and master limited partnership funds; ETFs; hedge funds and alternative investment funds; private equity funds; collective investment trusts; investment advisers and service providers across the U.S.
Members of the team serve or have served on numerous prominent industry boards and committees, such as the AICPA’s Auditing Standards Board, Board of Directors, Investment Companies Expert Panel and Digital Asset Working Group; and various industry committees, regional hedge fund associations and SEC working groups.
