Final CNS AR 2020 - Flipbook - Page 21
registered funds are subject to the Investment Company Act, which imposes additional governance, compliance, reporting
and fiduciary obligations.
CSJL, our Japan-based subsidiary, is a financial instruments operator (discretionary investment management and
investment advisory and agency) registered with the Financial Services Agency of Japan and the Kanto Local Finance Bureau
and is subject to the Financial Instruments and Exchange Act. CSJL supports the marketing, client service and business
development activities of the Company and may serve as an intermediary for investment products managed by other
CSIL, our Irish subsidiary, is an Undertakings for Collective Investment in Transferable Securities (UCITS)
management company regulated and approved by the CBI effective May 22, 2020 with permission to provide individual
portfolio management and investment advice in accordance with the European Communities (UCITS) Regulations, 2011, and
as such provides substantive oversight of investment, marketing and client service activities. As a result, CSIL is subject to
certain aspects of MiFID II.
CSS, a New York-based subsidiary, is a registered broker-dealer regulated by the SEC, the Financial Industry
Regulatory Authority and other federal and state agencies. CSS is subject to regulations governing, among other things, sales
practices, capital structure and recordkeeping. CSS is also subject to the SEC’s net capital rule, which specifies minimum net
capital levels for registered broker-dealers and is designed to enforce minimum standards for the general financial condition
and liquidity of broker-dealers. Under certain circumstances, this rule may limit our ability to withdraw capital and receive
dividends from CSS.
Because of the global and integrated nature of our business, regulation applicable to an affiliate in one jurisdiction may
affect the operation of affiliates in others or require compliance at a group level.
As a leading specialty manager in real assets and alternative income, our people are our most important asset. Human
Capital strategies and initiatives are critical to our long-term success by attracting and retaining our talent.
As of December 31, 2020, we had 347 full-time employees.
Diversity and Inclusion
We believe that workplace diversity and an inclusive culture strengthens our ability to deliver the best results for our
clients. Our employees from around the world represent a variety of cultures, backgrounds, experiences, and talents. We draw
upon these attributes to produce innovative solutions for the clients we serve and enrich the professional experience of all our
employees. An inclusive culture in which our employees are encouraged to contribute their unique perspectives is imperative
to our role as a leading global investment manager. Our diversity and inclusion strategy consist of four pillars: Education,
Leadership, Recruitment and Engagement.
Education - We seek to build awareness and understanding to strengthen our culture of inclusion and support.
Leadership - We hold our leaders accountable for fostering an inclusive culture as they develop the next generation
of leaders. This accountability extends to all employees in creating an environment built on respect.
Recruitment - We recognize there is significant underrepresentation of women and people of color in our industry,
especially in leadership roles. Our recruiting partners are expected to present diverse candidate pools for our open
positions, providing opportunities to hire the best talent to help us excel in all areas of our business.
Engagement - We support our employees who build resource groups that foster an inclusive culture and encourage
everyone at the firm to help solve business and community challenges. Examples include ongoing volunteerism,
green initiatives and a women’s exchange for sharing ideas and experiences.
We were recently recognized as a “Best Place to Work in Money Management” by Pensions & Investments (“P&I”),
the international newspaper of money management. The 2020 award was part of P&I’s ninth-annual survey and recognition
program, which seeks to identify the best employers in the money management industry. This achievement recognized the
strength of our culture, which is defined by the hard work, dedication, and commitment to excellence and inclusion by
everyone at the Company.