Cohen & Steers, Inc. (NYSE:CNS) Q1 2023 Earnings Conference Call April 20, 2023 10:00 AM ET

Company Participants

Brian Heller - Senior Vice President and Corporate Counsel

Joe Harvey - Chief Executive Officer

Matt Stadler - Chief Financial Officer

Jon Cheigh - Chief Investment Officer

Conference Call Participants

John Dunn - Evercore ISI

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers First Quarter 2023 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded, Thursday, April 20, 2023.

I would now like to turn the conference over to Brian Heller, Senior Vice President and Corporate Counsel of Cohen & Steers. Please go ahead.

Brian Heller

Thank you, and welcome to the Cohen & Steers First Quarter 2023 Earnings Conference Call. Joining me are our Chief Executive Officer, Joe Harvey; our Chief Financial Officer, Matt Stadler; and our Chief Investment Officer, Jon Cheigh.

I want to remind you that some of our comments and answers to your questions may include forward-looking statements. We believe these statements are reasonable based on information currently available to us, but actual outcomes could differ materially due to a number of factors, including those described in our accompanying first quarter earnings release and presentation, our most recent annual report on Form 10-K, and our other SEC filings. We assume no duty to update any forward-looking statements. Further, none of our statements constitute an offer to sell or the solicitation of an offer to buy the securities of any fund or other investment vehicle.

Our presentation also contains non-GAAP financial measures referred to as, as adjusted financial measures that we believe are meaningful in evaluating our performance. These non-GAAP financial measures should be read in conjunction with our GAAP results. A reconciliation of these non-GAAP financial measures is included in the earnings release and presentation to the extent reasonably available. The earnings release and presentation, as well as links to our SEC filings are available in the Investor Relations section of our Web site at www.cohenandsteers.com.

With that, I'll turn the call over to Matt.

Matt Stadler

Thank you, Brian, and good morning. Consistent with previous quarters, my remarks this morning will focus on our as adjusted results. Note that, effective January 1, such results included interest and dividends earned on our corporate seed investments. A reconciliation of GAAP to as adjusted results can be found on pages 13 through 15 of the earnings release, and on slide 16 through 20 of the earnings presentation.