NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (“LAM”) today announced that Eric Van Nostrand has been appointed Chief Investment Officer (CIO), a newly created role established to strengthen the cohesion, discipline, and effectiveness of LAM's global investment platform. As CIO, he will be responsible for investment oversight and for advancing the processes that support consistent, long‑te...
Lazard underperforms large-ticket advisory peers, with revenue growth lagging, despite a strong backdrop. LAZ's advisory business trades in line with faster-growth peers and ahead of similarly slower growing, but usually more resilient mid-market comps. Private capital and restructuring drive much of LAZ's advisory revenue, though sponsor recovery is a credible hope for 2026.
Lazard CEO Peter Orszag said on Wednesday dealmakers now need to have a Washington "White House or Cabinet-level strategy" to be able to complete transactions.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2025 totaled approximately $250.8 billion. The month's AUM included net outflows of $18.0 billion, market appreciation of $1.1 billion, and FX depreciation of $0.1 billion. November outflows included $16.8 billion from the closure of one U.S. sub-advised rel...
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), the preeminent global financial advisory and asset management firm, announced today the appointments of Bill Young, Jean Greene, and Paolo Battaglia as Managing Directors in the firm's Global Industrials Group, all based in New York. These appointments further strengthen Lazard's market-leading global Industrials franchise, which advises clie...
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced Peter R. Orszag, CEO and Chairman, is scheduled to participate in a fireside discussion at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 10, at 10:00 a.m. E.T. A live audio webcast will be available via the Lazard Investor Relations website at www.lazard.com. A replay will be available on the same ...
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of October 31, 2025 totaled approximately $267.8 billion. The month's AUM included market appreciation of $6.9 billion, net outflows of $1.4 billion and FX depreciation of $2.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: Oc...
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