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Cohen & Co Inc. Director's Dealing 2007

Feb 2, 2007

34911_dirs_2007-02-02_44672602-d6e7-4ef0-b9ca-33ae34aaf551.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALESCO FINANCIAL INC (AFN)
CIK: 0001270436
Period of Report: 2007-01-31

Reporting Person: Carr Christian (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-01-31 Common Stock, $0.001 par value per share A 12500 $0.00 Acquired 12500 Direct

Footnotes

F1: Mr. Carr was awarded 12,500 restricted shares under the Alesco Financial Inc. 2006 Long-Term Incentive Plan. The restrictions expire pro rata on the last day of each calendar quarter during the three-year period following January 31, 2007.