our asset management business segment includes our fee-based asset management operations , which include on-going base and incentive management fees . as of december 31 , 2015 , we had approximately $ 3.91 billion in aum of which 95.8 % , or $ 3.75 billion , was in cdos . almost all of our asset management revenue is earned from the management of cdos . we have not completed a new securitization since 2008. as a result , our asset management revenue has declined from its historical highs as the assets of the cdos decline as a result of maturities , repayments , auction call redemptions , and defaults . we do not expect to complete any securitizations in the future so we expect our asset management revenue to continue to decline in the future . we generate our revenue by business segment primarily through the following activities . capital markets : o ur trading activities , which include execution and brokerage services , securities lending activities , riskless trading activities , as well as gains and losses ( unrealized and realized ) and income and expense earned on securities classified as trading ; and n ew issue and advisory revenue comprised of ( a ) new issue revenue associated with originating , arranging , or placing newly created financial instruments ; and ( b ) revenue from advisory services . 42 principal investing : g ains and losses ( unrealized and realized ) and income an d expense earned on securities classified as other investments , at fair value ; and i ncome or loss from equity method affiliates . asset management : a sset management fees for our on-going asset manager services provided to various investment vehicles , which may include fees both senior and subordinate to the securities issued by the investment vehicle ; i ncentive management fees earned based on the performance of the various investment vehicles ; and income or loss from equity method affiliates . business environment our business is materially affected by economic conditions in the financial markets , political conditions , broad trends in business and finance , changes in volume and price levels of securities transactions , and changes in interest rates , all of which can affect our profitability and are unpredictable and beyond our control . these factors may affect the financial decisions made by investors and companies , including their level of participation in the financial markets and their willingness to participate in corporate transactions . severe market fluctuations or weak economic conditions could continue to reduce our trading volume and revenues , negatively affect our ability to generate new issue and advisory revenue , and adversely affect our profitability . the markets remain uneven and vulnerable to changes in investor sentiment . we believe the general business environment will continue to be challenging into the foreseeable future . a portion of our revenues is generated from net trading activity . we engage in proprietary trading for our own account , provide securities financing for our customers , as well as execute “ riskless ” trades with a customer order in hand resulting in limited market risk to us . the inventory of securities held for our own account , as well as held to facilitate customer trades , and our market making activities are sensitive to market movements . a portion of our revenues is generated from new issue and advisory engagements . the fees charged and volume of these engagements is sensitive to the overall business environment . during the first quarter of 2014 , we stopped providing investment banking and advisory services in the united states as a result of the loss of certain of jvb 's former employees . currently , jvb 's primary source of new issue revenue is our sba group 's participation in coof securitizations . the sba secondary market program allows for the purchaser of a sba loan certificate to “ strip ” a portion of the interest rate from a guaranteed loan portion , creating what is called an originator fee or interest only strip . this enhances the ability of sba pool assemblers to securitize the guaranteed portion of loans that do not have the same interest rate . our sba group 's participation in this area has grown during recent years . a portion of our revenues is generated from management fees . our ability to charge management fees and the amount of those fees is dependent upon the underlying investment performance and stability of the investment vehicles . if these types of investments do not provide attractive returns to investors , the demand for such instruments will likely fall , thereby reducing our opportunity to earn new management fees or maintain existing management fees . as of december 31 , 2015 , 95.8 % of our existing aum were cdos . the creation of cdos and permanent capital vehicles has depended upon a vibrant securitization market . since 2008 , volumes within the securitization market have dropped significantly and have not recovered since that time . consequently , we have been unable to complete a new securitization since 2008. a portion of our revenues is generated from our principal investing activities . therefore , our revenues are impacted by the underlying operating results of these investments . as of december 31 , 2015 , our total other investments , at fair value ( which represents our principal investments ) was $ 14,880 . of this amount , $ 11,569 , or 77.7 % , represented investments in clos . the value of these investments is impacted by the performance of the underlying loans in these clos as well as the overall clo market . margin pressures in fixed income brokerage business performance in the financial services industry in which we operate is highly correlated to the overall strength of the economy and financial market activity . story_separator_special_tag the following table summarizes the p eriods presented by asset class . replace_table_token_9_th asset management fees for trups and insurance company debt – u.s. declined primarily because in may 2014 and october 2014 , two securitizations that we managed had successful auctions and terminated . we will no longer earn fees related to these securitizations going forward . we earned a total of $ 903 in revenue from these two securitizations for the year ended december 31 , 2014. asset management fees for high grade and mezzanine abs declined primarily due to the transfer of certain management contracts to a third party and the liquidation of one cdo . as of december 31 , 2015 , we no longer manage any cdos in this asset class . we do not expect to earn material management fees in the future from this asset class . asset management fees for trups and insurance company debt – europe declined because of both ( i ) the decline of collateral balances due to principal payments and defaults and ( ii ) the impact of foreign exchange rates as these contracts make management fee payments in euros . asset management fees for broadly syndicated loans – europe consist of a single clo . fees declined because the reinvestment period has ended for this clo . following the end of such reinvestment period , principal payments received are paid out to investors in the clo . the fees we earn will decline as the collateral balances decline . additionally , this contract also makes management fee payments in euros , which negatively impacted the revenue earned . a significant portion of our managed cdos have stopped paying subordinated management fees due to diversion of cash flows called for within the cdo governing documents . see “ critical accounting policies and estimates – revenue recognition – asset management ” beginning on page 68 for discussion of our accounting policy regarding recognition of revenue related to subordinated management fees . other other asset management revenue decreased by $ 2,493 to $ 1,004 for the year ended december 31 , 2015 , as compared to $ 3,497 for the year ended december 31 , 2014 . the decrease was comprised of ( i ) a decrease of $ 125 resulting from the sale of star asia 48 manager and ( ii ) a decrease of $ 2,368 in asset management revenue earned from separ ate accounts primarily due to lower performance fees being earned during 2015. new issue and advisory revenue new issue and advisory revenue increased by $ 151 , or 3 % , to $ 5,370 for the year ended december 31 , 2015 , as compared to $ 5,219 for the year ended december 31 , 2014 . new issue and advisory revenue remained relatively flat . new issue and advisory revenue earned by ccfl increased by $ 2,072 , while new issue and advisory revenue earned by jvb decline d by $ 1,921. during the first quarter of 2014 , our u.s. broker-dealer , jvb , stopped providing investment banking and advisory services to special purpose acquisition companies ( “ spacs ” ) . while certain of the former employees of jvb 's spac investment banking and advisory group went to work for another firm , we entered into an agreement ( the “ tail agreement ” ) whereby we allowed such former employees to continue work on certain in process engagements with their new firm . as part of the tail agreement , we receive d a certain share of the revenue earned by the new firm related to these engagements . during the year ended december 31 , 2014 , we earned total new issue revenue of $ 1,889 under the tail agreement from investment banking and advisory services related to spacs . we did not earn any revenue under the tail agreement in 2015. we do not expect further revenue to be earned under this agreement . currently , jvb 's primary source of new issue revenue is our sba group 's participation in coof securitizations , defined as sba confirmation of originator fee certificates ( “ coof ” ) . the sba secondary market program allows for the purchaser of a sba loan certificate to “ strip ” a portion of the interest rate from a guaranteed loan portion , creating what is called an originator fee or interest only strip . this enhances the ability of sba pool assemblers to securitize the guaranteed portion of loans that do not have the same interest rate . our sba group 's participation in this area has grown during recent years . our new issue and advisory revenue has been , and we expect will continue to be , volatile . we earn revenue from a limited number of engagements . therefore , a small change in the number of engagements can result in large fluctuations in the revenue recognized . further , even if the number of engagements remains consistent , the average revenue per engagement can fluctuate considerably . finally , our revenue is generally earned when an underlying transaction closes ( rather than on a monthly or quarterly basis ) . therefore , the timing of underlying transactions increases the volatility of our revenue recognition . principal transactions and other income principal transactions and other income decreased by $ 7,901 to $ 78 for the year ended december 31 , 2015 , as compared to $ 7,979 for the year ended december 31 , 2014 . replace_table_token_10_th 49 principal transactions eurodekania is an investment company and we carry our investment at the nav of the fund . income recognized in each period is a result of changes in the underlying nav of the fund as well as distributions received . our investment in eurodekania is denominated in euros . we sometimes hedge this exposure ( as described in greater detail below ) . currently , eurodekania is not making new

the cash provided by investing activities of $ 11,871 was comprised of ( a ) $ 12,031 in sales and returns of principal in other investments , at fair value ; partially offset by ( b ) $ 11 of purchases of other investments , at fair value and $ 149 of purchase of furniture , equipment , and leasehold improvements . the cash used in financing activities of $ 5,620 was comprised of ( a ) $ 4,000 in repurchases of our common stock in connection with the termination agreement ( see note 4 to our annual report on form 10-k ) , ( b ) $ 1,193 of dividends to stockholders of ifmi , and ( c ) $ 427 of distributions to non-controlling interests of the operating llc . 2014 cash flows as of december 31 , 2014 , our cash and cash equivalents were $ 12,253 , representing a decrease of $ 908 from december 31 , 2013. the decrease was attributable to the cash provided by operating activities of $ 4,114 , the cash provided by investing activities of $ 464 , the cash used in financing activities of $ 5,289 , and the decrease in cash caused by a change in exchange rates of $ 197. the cash provided by operating activities of $ 4,114 was comprised of ( a ) net cash outflows of $ 5,454 related to working capital fluctuations ; ( b ) net cash inflows of $ 8,446 from trading activities comprised of our investments-trading , trading securities sold , not yet purchased , securities sold under agreement to repurchase , and receivables and payables from brokers , dealers and clearing agencies , as well as the changes in unrealized gains and losses on the investments-trading and trading securities sold , but not yet purchased ; and ( c ) net cash inflows from other earnings items of $ 1,122 ( which represents net income or loss adjusted for the following non-cash operating items : other income / ( expense ) , realized and unrealized gains and losses on other investments , income or loss from equity method affiliates , equity based compensation , depreciation , and amortization ) .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```the cash provided by investing activities of $ 11,871 was comprised of ( a ) $ 12,031 in sales and returns of principal in other investments , at fair value ; partially offset by ( b ) $ 11 of purchases of other investments , at fair value and $ 149 of purchase of furniture , equipment , and leasehold improvements . the cash used in financing activities of $ 5,620 was comprised of ( a ) $ 4,000 in repurchases of our common stock in connection with the termination agreement ( see note 4 to our annual report on form 10-k ) , ( b ) $ 1,193 of dividends to stockholders of ifmi , and ( c ) $ 427 of distributions to non-controlling interests of the operating llc . 2014 cash flows as of december 31 , 2014 , our cash and cash equivalents were $ 12,253 , representing a decrease of $ 908 from december 31 , 2013. the decrease was attributable to the cash provided by operating activities of $ 4,114 , the cash provided by investing activities of $ 464 , the cash used in financing activities of $ 5,289 , and the decrease in cash caused by a change in exchange rates of $ 197. the cash provided by operating activities of $ 4,114 was comprised of ( a ) net cash outflows of $ 5,454 related to working capital fluctuations ; ( b ) net cash inflows of $ 8,446 from trading activities comprised of our investments-trading , trading securities sold , not yet purchased , securities sold under agreement to repurchase , and receivables and payables from brokers , dealers and clearing agencies , as well as the changes in unrealized gains and losses on the investments-trading and trading securities sold , but not yet purchased ; and ( c ) net cash inflows from other earnings items of $ 1,122 ( which represents net income or loss adjusted for the following non-cash operating items : other income / ( expense ) , realized and unrealized gains and losses on other investments , income or loss from equity method affiliates , equity based compensation , depreciation , and amortization ) .
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 Suspicious Activity Report : our asset management business segment includes our fee-based asset management operations , which include on-going base and incentive management fees . as of december 31 , 2015 , we had approximately $ 3.91 billion in aum of which 95.8 % , or $ 3.75 billion , was in cdos . almost all of our asset management revenue is earned from the management of cdos . we have not completed a new securitization since 2008. as a result , our asset management revenue has declined from its historical highs as the assets of the cdos decline as a result of maturities , repayments , auction call redemptions , and defaults . we do not expect to complete any securitizations in the future so we expect our asset management revenue to continue to decline in the future . we generate our revenue by business segment primarily through the following activities . capital markets : o ur trading activities , which include execution and brokerage services , securities lending activities , riskless trading activities , as well as gains and losses ( unrealized and realized ) and income and expense earned on securities classified as trading ; and n ew issue and advisory revenue comprised of ( a ) new issue revenue associated with originating , arranging , or placing newly created financial instruments ; and ( b ) revenue from advisory services . 42 principal investing : g ains and losses ( unrealized and realized ) and income an d expense earned on securities classified as other investments , at fair value ; and i ncome or loss from equity method affiliates . asset management : a sset management fees for our on-going asset manager services provided to various investment vehicles , which may include fees both senior and subordinate to the securities issued by the investment vehicle ; i ncentive management fees earned based on the performance of the various investment vehicles ; and income or loss from equity method affiliates . business environment our business is materially affected by economic conditions in the financial markets , political conditions , broad trends in business and finance , changes in volume and price levels of securities transactions , and changes in interest rates , all of which can affect our profitability and are unpredictable and beyond our control . these factors may affect the financial decisions made by investors and companies , including their level of participation in the financial markets and their willingness to participate in corporate transactions . severe market fluctuations or weak economic conditions could continue to reduce our trading volume and revenues , negatively affect our ability to generate new issue and advisory revenue , and adversely affect our profitability . the markets remain uneven and vulnerable to changes in investor sentiment . we believe the general business environment will continue to be challenging into the foreseeable future . a portion of our revenues is generated from net trading activity . we engage in proprietary trading for our own account , provide securities financing for our customers , as well as execute “ riskless ” trades with a customer order in hand resulting in limited market risk to us . the inventory of securities held for our own account , as well as held to facilitate customer trades , and our market making activities are sensitive to market movements . a portion of our revenues is generated from new issue and advisory engagements . the fees charged and volume of these engagements is sensitive to the overall business environment . during the first quarter of 2014 , we stopped providing investment banking and advisory services in the united states as a result of the loss of certain of jvb 's former employees . currently , jvb 's primary source of new issue revenue is our sba group 's participation in coof securitizations . the sba secondary market program allows for the purchaser of a sba loan certificate to “ strip ” a portion of the interest rate from a guaranteed loan portion , creating what is called an originator fee or interest only strip . this enhances the ability of sba pool assemblers to securitize the guaranteed portion of loans that do not have the same interest rate . our sba group 's participation in this area has grown during recent years . a portion of our revenues is generated from management fees . our ability to charge management fees and the amount of those fees is dependent upon the underlying investment performance and stability of the investment vehicles . if these types of investments do not provide attractive returns to investors , the demand for such instruments will likely fall , thereby reducing our opportunity to earn new management fees or maintain existing management fees . as of december 31 , 2015 , 95.8 % of our existing aum were cdos . the creation of cdos and permanent capital vehicles has depended upon a vibrant securitization market . since 2008 , volumes within the securitization market have dropped significantly and have not recovered since that time . consequently , we have been unable to complete a new securitization since 2008. a portion of our revenues is generated from our principal investing activities . therefore , our revenues are impacted by the underlying operating results of these investments . as of december 31 , 2015 , our total other investments , at fair value ( which represents our principal investments ) was $ 14,880 . of this amount , $ 11,569 , or 77.7 % , represented investments in clos . the value of these investments is impacted by the performance of the underlying loans in these clos as well as the overall clo market . margin pressures in fixed income brokerage business performance in the financial services industry in which we operate is highly correlated to the overall strength of the economy and financial market activity . story_separator_special_tag the following table summarizes the p eriods presented by asset class . replace_table_token_9_th asset management fees for trups and insurance company debt – u.s. declined primarily because in may 2014 and october 2014 , two securitizations that we managed had successful auctions and terminated . we will no longer earn fees related to these securitizations going forward . we earned a total of $ 903 in revenue from these two securitizations for the year ended december 31 , 2014. asset management fees for high grade and mezzanine abs declined primarily due to the transfer of certain management contracts to a third party and the liquidation of one cdo . as of december 31 , 2015 , we no longer manage any cdos in this asset class . we do not expect to earn material management fees in the future from this asset class . asset management fees for trups and insurance company debt – europe declined because of both ( i ) the decline of collateral balances due to principal payments and defaults and ( ii ) the impact of foreign exchange rates as these contracts make management fee payments in euros . asset management fees for broadly syndicated loans – europe consist of a single clo . fees declined because the reinvestment period has ended for this clo . following the end of such reinvestment period , principal payments received are paid out to investors in the clo . the fees we earn will decline as the collateral balances decline . additionally , this contract also makes management fee payments in euros , which negatively impacted the revenue earned . a significant portion of our managed cdos have stopped paying subordinated management fees due to diversion of cash flows called for within the cdo governing documents . see “ critical accounting policies and estimates – revenue recognition – asset management ” beginning on page 68 for discussion of our accounting policy regarding recognition of revenue related to subordinated management fees . other other asset management revenue decreased by $ 2,493 to $ 1,004 for the year ended december 31 , 2015 , as compared to $ 3,497 for the year ended december 31 , 2014 . the decrease was comprised of ( i ) a decrease of $ 125 resulting from the sale of star asia 48 manager and ( ii ) a decrease of $ 2,368 in asset management revenue earned from separ ate accounts primarily due to lower performance fees being earned during 2015. new issue and advisory revenue new issue and advisory revenue increased by $ 151 , or 3 % , to $ 5,370 for the year ended december 31 , 2015 , as compared to $ 5,219 for the year ended december 31 , 2014 . new issue and advisory revenue remained relatively flat . new issue and advisory revenue earned by ccfl increased by $ 2,072 , while new issue and advisory revenue earned by jvb decline d by $ 1,921. during the first quarter of 2014 , our u.s. broker-dealer , jvb , stopped providing investment banking and advisory services to special purpose acquisition companies ( “ spacs ” ) . while certain of the former employees of jvb 's spac investment banking and advisory group went to work for another firm , we entered into an agreement ( the “ tail agreement ” ) whereby we allowed such former employees to continue work on certain in process engagements with their new firm . as part of the tail agreement , we receive d a certain share of the revenue earned by the new firm related to these engagements . during the year ended december 31 , 2014 , we earned total new issue revenue of $ 1,889 under the tail agreement from investment banking and advisory services related to spacs . we did not earn any revenue under the tail agreement in 2015. we do not expect further revenue to be earned under this agreement . currently , jvb 's primary source of new issue revenue is our sba group 's participation in coof securitizations , defined as sba confirmation of originator fee certificates ( “ coof ” ) . the sba secondary market program allows for the purchaser of a sba loan certificate to “ strip ” a portion of the interest rate from a guaranteed loan portion , creating what is called an originator fee or interest only strip . this enhances the ability of sba pool assemblers to securitize the guaranteed portion of loans that do not have the same interest rate . our sba group 's participation in this area has grown during recent years . our new issue and advisory revenue has been , and we expect will continue to be , volatile . we earn revenue from a limited number of engagements . therefore , a small change in the number of engagements can result in large fluctuations in the revenue recognized . further , even if the number of engagements remains consistent , the average revenue per engagement can fluctuate considerably . finally , our revenue is generally earned when an underlying transaction closes ( rather than on a monthly or quarterly basis ) . therefore , the timing of underlying transactions increases the volatility of our revenue recognition . principal transactions and other income principal transactions and other income decreased by $ 7,901 to $ 78 for the year ended december 31 , 2015 , as compared to $ 7,979 for the year ended december 31 , 2014 . replace_table_token_10_th 49 principal transactions eurodekania is an investment company and we carry our investment at the nav of the fund . income recognized in each period is a result of changes in the underlying nav of the fund as well as distributions received . our investment in eurodekania is denominated in euros . we sometimes hedge this exposure ( as described in greater detail below ) . currently , eurodekania is not making new

