Cohen & Co Inc. — Director's Dealing 2006

Oct 16, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ALESCO FINANCIAL INC (AFN)
CIK: 0001270436
Period of Report: 2006-10-06

Reporting Person: Longino John (CFO and Treasurer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.001 par value per share	42451	Direct

Footnotes

F1: Mr. Longino's 42,451 shares are restricted shares that were granted to him. The restrictions expire, with respect to 1/3 of Mr. Longino's restricted shares, on January 31, 2007 and, with respect to the remainder of Mr. Longino's restricted shares, pro rata on the last day of each calendar quarter during the following two-year vesting period of the grant.