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NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of June 30, 2025 totaled approximately $248.4 billion. The month's AUM included market appreciation of $5.4 billion, net inflows of $4.6 billion, and FX appreciation of $3.1 billion. Preliminary average AUM for the quarter ended June 30, 2025 was $238.6 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: June 30, May 31.
Investment bank Lazard has hired Bank of America's Bill Hart to lead their financial sponsors division's coverage focused on West Coast clients, a person familiar with the move said on Thursday.
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Klaus H. Hessberger has been appointed to the firm as Managing Director, Global Co-Head, and Head of Europe for Lazard's Financial Sponsors Group, based in London. Adam Cady, previously Lazard's Head of Large-Cap Financial Sponsor Coverage North America in New York, has also been named Global Co-Head of the Global Financial Sponsors Group, running the team together with Klaus. These appointments reflect Lazard's expanding co.
Peter Orszag, Lazard CEO, joins 'Money Movers' to discuss the movement in the IPO market, M&A environment and the geopolitical climate.
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on July 22, 2025 to shareholders of record on July 10, 2025. The ex-dividend date is July 10, 2025. The Fund will pay a previously declared distribution today, June 24,.
George Bilicic, Lazard managing director, joins 'Money Movers' to discuss the energy sector and ramping up production to meet demand.
NEW YORK--(BUSINESS WIRE)--Lazard Inc. (NYSE: LAZ) is proud to announce the release of the 18th edition of its Levelized Cost of Energy+ (LCOE+) report, a widely-cited, annual analysis that provides insights into the cost competitiveness of various energy generation technologies. The report explores key aspects of energy generation, energy storage, and system-level considerations while reflecting on developments over the past 12 months. “In today's rapidly evolving energy landscape, the relevan.
LAZ posts 1.7% AUM growth in May to $235.3 billion, lifted by upbeat markets despite $3.7 billion in net outflows and a $4.3 billion client withdrawal.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2025 totaled approximately $235.3 billion. The month's AUM included market appreciation of $7.4 billion, net outflows of $3.7 billion, and FX appreciation of $0.2 billion. Outflows included $4.3 billion from a single sub-advised relationship. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: May 31, April 30, 20251 2025 Equi.
Jefferies has hired a veteran Lazard banker as global head of the firm's activism defense practice, people familiar with the situation said on Wednesday, as more corporations face pressure from activist investors.