In a move designed to "reflect the expanding capabilities of its entire organization," Cohen Brothers & Co. last week announced it had changed its named to Cohen & Co.

Chris Ricciardi earlier this year left as head of CDO origination and structuring at Merrill Lynch to become the chief executive of Cohen, a Philadelphia-based asset manager founded by Daniel Cohen in 2000. Since hiring Ricciardi, the privately owned Cohen has doubled its assets under management to $20 billion from $10 billion in late February. The firm currently manages 22 CDOs and two REITs.

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