Cohen & Steers Inc is a Delaware corporation formed in March 17, 2004. It completed its initial public offering in 2004. It is a primary investment manager with a a focus on real assets, including real estate, infrastructure and commodities. It serves institutional and individual investors around the world. Company manages three types of accounts: institutional accounts, open-end mutual funds and closed-end mutual funds. The 95 institutional accounts represent portfolios of securities it manage for institutional clients. The 15 open-end mutual funds offer and issue new shares continuously as funds are invested and redeem shares when funds are withdrawn. The 10 closed-end mutual funds are registered investment companies that have issued a fixed number of shares through public offerings. It faces substantial competition in every aspect of its business. Factors affecting its business include brand recognition, business reputation, investment performance, and quality of service and the continuity of client relationships. The Company's business and the securities business in general, is subject to extensive regulation in the United States at both the federal and state level, as well as by self-regulatory organizations.