Lazard Inc is a leading financial advisory and asset management firm that operates globally, providing strategic advice to corporations, governments, and institutions
The company specializes in mergers and acquisitions, financial restructuring, capital raising, and other financial advisory services, helping clients navigate complex financial landscapes. Additionally, Lazard offers investment management services across a range of asset classes, focusing on delivering tailored investment strategies to meet the unique needs of its diverse clientele. With a commitment to excellence and deep industry expertise, Lazard plays a vital role in shaping the financial decisions of its clients.
Lazard, Inc. (NYSELAZ) today announced that Chris Miller joined the firm as a Managing Director within the Power, Energy & Infrastructure Advisory business, based in Houston. Within his role, Chris will advise clients in the Energy industry, focused on Oil & Gas. This appointment demonstrates Lazard’s successful global recruiting efforts as the firm continues to execute its long-term growth strategy.
Lazard, Inc. (NYSELAZ) reported today that its preliminary assets under management (“AUM”) as of January 31, 2025 totaled approximately $233.0 billion. The month’s AUM included market appreciation of $6.1 billion, foreign exchange appreciation of $0.4 billion and net inflows of $0.3 billion.
Lazard, Inc. (NYSELAZ) today reported net revenue of $817 million and adjusted net revenue1 of $812 million for the quarter ended December 31, 2024. For the full year of 2024, Lazard reported net revenue of $3,052 million and adjusted net revenue1 of $2,890 million.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
Lazard, Inc. (NYSELAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on February 21, 2025, to stockholders of record on February 10, 2025.
Lazard, Inc. (NYSELAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2024 totaled approximately $226.3 billion. The month’s AUM included net outflows of $4.5 billion, foreign exchange depreciation of $2.5 billion and market depreciation of $1.1 billion. Outflows included $3.3 billion from two concentrated sub-advisory relationships. Preliminary average AUM for the quarter ended December 31, 2024 was $233.8 billion.
Lazard, Inc. (NYSELAZ) will announce its fourth-quarter and full-year 2024 financial results in a press release to be issued Thursday morning, January 30, 2025. The press release will be available in the News & Announcements section of Lazard’s website at www.lazard.com.
Lazard, Inc. (NYSELAZ) today announced that Stephen Finkel joined the firm as a Managing Director and Global Head of Sports Advisory, based in New York.
Lazard, Inc. (NYSELAZ) (“Lazard”) today announced that, in connection with its previously announced consent solicitation and offer to guarantee for Lazard Group LLC (a wholly owned subsidiary of Lazard) (“Lazard Group”) senior notes, it has received the required consents from the holders of the outstanding Lazard Group senior notes listed below (collectively, the “Notes”) to adopt the proposed amendments to the indenture, dated as of May 10, 2005 (as amended and supplemented from time to time, the “Indenture”), between Lazard Group and The Bank of New York Mellon, governing the Notes.
Lazard, Inc. (NYSELAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2024 totaled approximately $234.4 billion. The month’s AUM included market appreciation of $3.0 billion, net outflows of $2.3 billion and foreign exchange depreciation of $2.2 billion.
Lazard, Inc. (NYSELAZ) (“Lazard”) today announced that it has commenced a consent solicitation to certain proposed amendments to the indenture, dated as of May 10, 2005 (as amended and supplemented from time to time, the “Indenture”), between Lazard Group (a wholly owned subsidiary of Lazard) (“Lazard Group”) and The Bank of New York Mellon, governing the following outstanding series of senior notes of Lazard Group (all such series, collectively, the “Notes”):
Lazard, Inc. (NYSELAZ) today announced that Dan Schulman, Board Member, has been appointed Lead Independent Director to succeed Richard D. Parsons, who remains on the Board, and that Peter R. Orszag, Lazard CEO and Board Member, has been appointed Chairman of the Board, effective January 1, 2025.
Lazard, Inc. (NYSELAZ) announced today that Peter R. Orszag, Chief Executive Officer, is scheduled to participate in a fireside chat at the Goldman Sachs U.S. Financial Services Conference in New York on Tuesday, December 10, 2024, at 9:20 a.m. EST.
Lazard, Inc. (NYSELAZ) today announced that Jennifer (Jen) Tedesko joined the firm as a Managing Director within the Private Capital Advisory (PCA) business, based in San Francisco.
Lazard, Inc. (NYSELAZ) reported today that its preliminary assets under management (“AUM”) as of October 31, 2024 totaled approximately $235.8 billion. The month’s AUM included market depreciation of $4.4 billion, foreign exchange depreciation of $4.2 billion and net outflows of $3.3 billion.
Lazard, Inc. (NYSELAZ) today reported net revenue of $785 million and adjusted net revenue1 of $646 million for the quarter ended September 30, 2024. For the first nine months of 2024, Lazard reported net revenue of $2,235 million and adjusted net revenue1 of $2,077 million.
Lazard, Inc. (NYSELAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on November 15, 2024, to stockholders of record on November 8, 2024.
