British IT services group Redcentric is working with a financial adviser on an attempt to sell the company, two people familiar with the matter told Reuters.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that Ben Braun joined the firm as Managing Director and Global Head of Media, Entertainment & Sports Advisory. Based in New York, Mr. Braun will lead the firm's newly created Media, Entertainment & Sports advisory team. This specialized practice area will operate within Lazard's Financial Advisory business, offering a comprehen...
Lazard's advisory business has a somewhat low implied valuation when taking a crude blended multiple approach. On top of that, Lazard has had some decent years and displayed resilience in the face of a complex market. The income proposition is supported by a stabler asset management business and Lazard has strong franchises in several, somewhat uncorrelated major markets.
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) announced today that it is strengthening its leading Global Thematic platform with the addition of Sarbjit Nahal as a Portfolio Manager / Analyst. The addition of Mr. Nahal bolsters Lazard's Global Thematic Equity strategies, which seek to benefit from structural change in industries and companies around the world. “Over the course of his...
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2024 totaled approximately $240.8 billion. The month's AUM included market depreciation of $4.4 billion, net outflows of $3.6 billion and foreign exchange depreciation of $1.6 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) ...
Investment bank Lazard Ltd has appointed veteran healthcare dealmaker Michele Colocci as vice chairman and managing director, aiming to boost the growth of its healthcare advisory, according to a company announcement.
Lazard, Inc. (NYSE:LAZ ) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of Investor Relations, Treasury & Corporate Sustainability Peter Orszag - Chief Executive Officer Mary Ann Betsch - Chief Financial Officer Evan Russo - Chief Executive Officer, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Ha...
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