Cohen & Company is a financial services company. The Company is focused on specializing in fixed income markets in special purpose acquisition company (SPAC) markets. The Company operates through three segments: Capital Markets, Asset Management and Principal Investing. Its Capital Markets segment consists of fixed income sales, trading, and matched book repo financing, as well as new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries, J.V.B. Financial Group, LLC (JVB) in the United States and Cohen & Company Financial Limited (CCFEL) in Europe. Its Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations (CDOs), managed accounts, joint ventures, and investment funds. Its Principal Investing segment is comprised primarily of investments, which it holds related to its SPAC franchise and investments that it has made for the purpose of earning an investment return.