Cohen & Company Inc., formerly Institutional Financial Markets, Inc., is a financial services company. The Company specializes in credit-related fixed income investments. The Company provides a range of capital markets, investment banking and asset management solutions to institutional investors, corporations and other small broker-dealers. The Company operates in three segments: Capital Markets, Principal Investing and Asset Management. Its Capital Markets business segment consists of credit-related fixed income sales, as well as issue placements in corporate and securitized products and advisory services. The Principal Investing business segment consists of investments that the Company has made using its own capital excluding investments the Company makes to support its Capital Markets business segment. Its Asset Management business segment manages assets through investment vehicles, such as collateralized debt obligations, permanent capital vehicles and managed accounts.