Michael Clark - Cohen Lead Independent Director

UTF Fund  USD 26.22  0.07  0.27%   
Michael Clark is Fund Manager at Cohen And Steers
Mr. Michael G. Clark serves as Independent Director of Cohen Steers Infrastructure Fund Inc. Prior to becoming a Director of the Cohen Steers funds, Mr. Clark served as President of the DWS family of funds and Managing Director of Deutsche Asset Management for over 5 years. Prior to that, he held senior management positions at Merrill Lynch Investment Managers and Merrill Lynch Asset Management, and prior thereto, was an auditor at Merrill Lynch Co. and Deloitte Touche. He has over 24 years of investment management and financial services industry experience.
Age 55
Tenure 5 years
Phone212 832 3232
Webhttps://www.cohenandsteers.com/funds/details/infrastructure-fund

Cohen Management Performance (%)

The company has Return on Asset of 1.37 % which means that on every $100 spent on assets, it made $1.37 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 2.83 %, implying that it generated $2.83 on every 100 dollars invested. Cohen's management efficiency ratios could be used to measure how well Cohen manages its routine affairs as well as how well it operates its assets and liabilities.
Cohen And Steers has 950 M in debt with debt to equity (D/E) ratio of 0.39, which is OK given its current industry classification. Cohen And Steers has a current ratio of 0.08, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Cohen until it has trouble settling it off, either with new capital or with free cash flow. So, Cohen's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cohen And Steers sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cohen to invest in growth at high rates of return. When we think about Cohen's use of debt, we should always consider it together with cash and equity.

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Cohen Steers Infrastructure Fund, Inc. is a closed-end equity fund launched by Cohen Steers, Inc. Cohen Steers Infrastructure Fund, Inc. was formed on January 8, 2004 and is domiciled in the United States. Cohen Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not listed under any group at the present time.

Management Performance

Cohen And Steers Leadership Team

Elected by the shareholders, the Cohen's board of directors comprises two types of representatives: Cohen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cohen. The board's role is to monitor Cohen's management team and ensure that shareholders' interests are well served. Cohen's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cohen's outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Derechin, President, Chief Executive Officer
Robert Steers, Co-Chairman of the Board
William Scapell, Vice President
Albert Laskaj, Treasurer
Stephen Murphy, Chief Compliance Officer, Vice President
Michael Clark, Lead Independent Director
Dana DeVivo, Secretary, Chief Legal Officer
James Giallanza, CFO, Principal Accounting Officer and Treasurer
Lisa Phelan, Chief Compliance Officer
Gerald Maginnis, Independent Director
Yigal Jhirad, Vice President
Ramona RogersWindsor, Independent Director
Daphne Richards, Independent Director
Dean Junkans, Independent Director
George Grossman, Independent Director
Benjamin Morton, Vice President
C Ward, Independent Director
Joseph Harvey, Vice President, Director
Robert Becker, Vice President
Jane Magpiong, Independent Director

Cohen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Cohen a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Cohen Fund

Cohen financial ratios help investors to determine whether Cohen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cohen with respect to the benefits of owning Cohen security.
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