What does Lazard Ltd do?

What does Lazard Ltd do?

Lazard Ltd (formerly known as Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients.

Is Lazard a good investment?

Lazard is one of the world’s most prestigious investment banking firms. Its well-known M&A group has advised on some of the largest, most complex M&A deals of the past 100 years.

Is Lazard Private Equity?

In 2009, Lazard established a private equity business with The Edgewater Funds, a premier private equity firm based in Chicago, Illinois.

What does Lazard Asset Management do?

Lazard serves investors around the world with a broad range of global investment solutions and investment management services. We have built the business over decades with an emphasis on strategies that benefit from intensive research and active management.

Is Lazard Ltd a limited partnership?

Is Lazard Ltd a partnership and are Schedule K-1s issued for tax purposes? Lazard Ltd is a Bermuda holding company that is classified as a partnership for U.S. federal income tax purposes.

How does Lazard am make money?

As a fee-only firm, Lazard Asset Management earns compensation solely from the advisory fees that it charges clients. This differs from a fee-based firm, which also receives outside compensationin the form of insurance and securities transactions.

What makes Lazard unique?

Lazard’s top-tier brand allows it to punch above its weight class. It is the biggest independent investment bank, notching fifth place in advisory revenue in 2015, behind only the bulge-bracket banks. Its asset-management business is generally recognized as among the better performers in the business.

Whats it like working at Lazard?

You will form lasting relationships: Our work is highly collaborative, and the longer you are here, the more you will become part of a global family. This is a firm you can be proud to work for: The Lazard brand stands for the highest levels of integrity, discretion and professionalism.

What is working at Lazard like?

Great learning experience. Wonderful learning experience – intense but worth it! Very good for junior employees that want to work closely with senior bankers. Lean deal teams promote great responsibility for junior team members.

Is Lazard Ltd an MLP?

There are some financial institution MLPs, like Alliance Bernstein Holding LP, Apollo Global Management LLC, The Blackstone Group LP, Icahn Enterprises LP and Lazard Ltd.

Is Lazard a public company?

In 2000, after more than 150 years of separate management, the Houses of Lazard formally united into a single entity to best serve our clients. In 2005, under the leadership of Bruce Wasserstein, Lazard became a public company, with nearly two-thirds of its shares owned by current and former employees.