Cohen & Company Inc. said its controlled subsidiary, Cohen & Company Financial (Europe) S.A., completed the second and final closing of its PriDe IV funds with total commitments of €481.5 million. The PriDe IV program invests in Tier II capital instruments issued by small and mid-sized insurance companies in Europe. Alma Capital raised 43% of commitments and Bury Street Capital secured 31%, the company said.

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