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LAZ News Highlights
- LAZ's 30 day story count now stands at 9.
- Over the past 13 days, the trend for LAZ's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- AIM and IVZ are the most mentioned tickers in articles about LAZ.
Latest LAZ News From Around the Web
Below are the latest news stories about LAZARD LTD that investors may wish to consider to help them evaluate LAZ as an investment opportunity.
Lazard Ltd ( NYSE:LAZ ) shares have had a really impressive month, gaining 30% after a shaky period beforehand. While...
Lazard (LAZ) and Elaia enter exclusive negotiations to form a strategic partnership and launch a private investment platform.
Invesco (IVZ) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Lazard and Elaia Partners Enter Into Exclusive Negotiations for a Strategic Partnership to Develop a European Private Technology Investment Platform
PARIS, December 14, 2023--Lazard, a global leader in active asset management, and Elaia Partners, an established European venture capital firm, today announced their entry into exclusive negotiations to form a strategic partnership and launch a private investment platform. Based in Paris, the new joint asset management firm, together with Lazard and Elaia Partners, would aim to meet the capital needs of future French and European technology and deep tech leaders. With this new entity, Lazard and
Investment bank Lazard said on Thursday it is in talks with European venture capitalist firm Elaia Partners to form a private investment platform that will support European tech companies from early stage funding to their listing on markets. The new joint asset management firm will be based in Paris, Lazard said. Lazard joins a growing list of global investment firms that are expanding into foreign countries.
Lazard (LAZ) records a 7.2% sequential increase in its November AUM due to market and FX appreciation, partially offset by net outflows.
NEW YORK, December 12, 2023--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of November 30, 2023 totaled approximately $235.9 billion. The month’s AUM included market appreciation of $13.7 billion, foreign exchange appreciation of $3.5 billion and net outflows of $1.3 billion.
Wells Fargo is setting aside up to $1 billion for "unanticipated" severance costs. Lazard plans to stock up on managing directors. And JPMorgan kept most of First Republic's clients — with one catch.
Lazard CEO Peter Orszag detailed his plans to double the investment bank and asset management firm's revenue by 2030 at the Goldman Sachs US Financial Services Conference Tuesday. Orszag wants managing directors in its advisory business to be more productive. On the asset management side of the business, the company plans to expand into less liquid markets, including through acquisitions.
NEW YORK, December 04, 2023--Lazard Asset Management is pleased to announce that Sean Gallagher has joined the firm as Global Head of Lazard’s Small Cap Equity platform. Based in New York, Mr. Gallagher will have oversight of Lazard’s small cap strategies and will be responsible for leading the business through its next phase of growth. Scott Kolar also joins Lazard’s US Small Cap Equity Select team as a Portfolio Manager/Analyst.