What are the galaxies that host MIR-selected AGN?

Infra-red selection techniques, sensitive to dust strongly heated by an AGN, offer a way to identify some of the most obscured accretion events in the Universe. I will describe the results of a comprehensive multi-wavelength study of AGN to z>2 selected using Spitzer/IRAC based methods in the COSMOS field. Armed with AGN-optimised redshifts and stellar masses, we explore the dust emission from the active nucleus and the host galaxy. We demonstrate that IR-selected AGN tend to be found in low mass host galaxies, when compared to other AGN identification methods. The star-formation rates of obscured and unobscured IR-selected AGN are very similar, implying that large-scale obscuration with co-eval star-bursts are not found in a major proportion of heavily obscured AGN.