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NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that Ali Syed has joined the firm as Managing Director and Head of Sovereign and Pension Fund Coverage. Based in New York, Mr. Syed will lead the firm's efforts to advise global sovereign and pension funds. He will collaborate closely with Wassim Al Khatib, CEO of Financial Advisory for the MENA region, and Sarah Al Suhaimi, Chair of Financial Advisory in MENA. “Over the last 12 months, we have substantially expanded Lazard's s.
Lazard's (LAZ) AUM balance in April 2024 rises 1.7% on the back of market and foreign exchange appreciation, partially offset by net outflows.
Lazard CEO Peter Orszag joins 'Money Movers' to discuss the latest CPI report, the impact of the sharp bond market rally on market activity, and whether inflation models need to account for the post-Covid uncertainty in price hikes.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2024 totaled approximately $245.0 billion. The month's AUM included market appreciation of $4.4 billion, net outflows of $1.6 billion and foreign exchange appreciation of $1.4 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: May 31, April 30, 20241 2024 Equity $190,820 $187,582 Fixed Income 46,362 45,399 Other.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced Peter R. Orszag, Chief Executive Officer is scheduled to participate in a fireside discussion at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Tuesday, June 11, at 8:45 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 website, shortly after the conference. About Lazard Founded in 1848, Lazard is one of the.
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 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 $0.10459 per share on the Fund's outstanding common stock. The distribution is payable on June 24, 2024 to shareholders of record on June 11, 2024. The ex-dividend date is June 11, 2024. The Fund will pay a previously declared distribution today, May 22,.
Lazard CEO Peter Orszag joins ‘Squawk Box' to discuss the Fed's interest rate decision this week, interest rate outlook, state of the economy, latest market trends, state of the M&A market, and more.
Lazard CEO Peter Orszag joins 'Squawk Box' to discuss his expectations from the market, how the health of the M&A market fares with no rate cuts, and how chief executive confidence is doing.
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 comprehensive range of services tailored to the unique needs of clients in these rapidly evolving indus.