Lazard, Inc. reports developments in financial advisory and asset management, its two recurring business lines. The firm provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, while its asset management business offers investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals.
Recurring LAZ news includes quarterly operating results, monthly assets-under-management updates with flow, market, foreign-exchange and asset-class detail, common-stock dividend declarations, additions to advisory sector groups, and strategic updates for the global platform. Coverage also reflects the firm’s operations in North and South America, Europe, the Middle East, Asia and Australia.
Lazard (NYSE: LAZ) announced that CEO and Chairman Peter R. Orszag is scheduled to speak at the 2026 BMO Financials Conference. His fireside discussion is scheduled for November 10, 2026, at 10:15 a.m. ET. A live audio webcast will be available through Lazard’s investor relations website at www.lazard.com, with a replay available on the same website shortly after the conference.
Lazard (NYSE: LAZ) appointed David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, based in London.
Krap joins from J.P. Morgan, where he was Managing Director and Co-Head of Consumer & Retail EMEA. He brings over two decades of consumer-focused merger and acquisition advisory experience. Lazard links the appointment to its Lazard 2030 strategy, which includes growing its Managing Director ranks across the advisory franchise.
Lazard (NYSE: LAZ) reported preliminary assets under management of approximately $284.0 billion as of September 30, 2026, below August's total.
The unaudited table shows total assets under management of $284,029 million, compared with $290,332 million on August 31. September included $3.2 billion in market depreciation, $2.1 billion in foreign-exchange depreciation and $0.9 billion in net outflows. Preliminary average assets under management for the quarter ended September 30 were $286.6 billion. Equity, fixed-income, multi-asset and alternatives assets all declined from August. September figures are preliminary and subject to adjustment.
Lazard (NYSE: LAZ) will announce its third-quarter and nine-month 2026 financial results on the morning of October 22, 2026.
The results will be available in the News & Announcements section of Lazard's website. A conference call to discuss the results will begin at 8:00 a.m. ET that day, with a live audio webcast through the website's Investor Relations section. A replay will be available there by 10:00 a.m. ET.
Lazard (LAZ) has hired Pranjal Gambhir as head of Medical Technology, based in New York. He will lead coverage of medical technology companies and advise clients on strategy and corporate development transactions across the sector.
Gambhir was most recently a managing director at Citi, covering companies across multiple medical technology subsectors. He spent 20 years at Citi in roles in New York and New Delhi. Lazard said his arrival deepens the coverage its Healthcare Group can offer clients.
Lazard Global Total Return and Income Fund (NYSE: LGI) confirmed a monthly distribution of $0.15340 per share on its common stock, payable on October 22, 2026 to shareholders of record and with an ex-dividend date of October 13, 2026. A previously declared distribution is being paid on September 22, 2026.
For the current distribution, the Fund estimates sources per share of $0.03611 from net investment income (24%), $0.00045 from net realized short-term gains (0%), $0.05125 from net realized long-term gains (33%), and $0.06559 as return of capital (43%), totaling $0.15340. Fiscal year-to-date, cumulative distributions total $1.38060 per share, of which 13% is net income, 36% net realized long-term gains and 51% return of capital.
As of August 31, 2026, the 5-year average annual total return in relation to NAV is 5.76%, the annualized current distribution rate is 9.92% of NAV, fiscal year-to-date total return is 8.01%, and cumulative fiscal year distributions equal 6.62% of NAV. The Fund cautions that a portion of the distribution may be a non-yield return of capital and that the stated amounts and sources are estimates, not tax-reporting figures.
Lazard (LAZ) announced that Matt Spence has joined the firm as Head of Defense Technology and Emerging Technology in its Technology Group, based in San Francisco.
Spence will advise defense, security and other emerging technology companies on mergers and acquisitions and financings. He previously served as Managing Director and Global Head of Venture Capital Banking at Barclays, and held senior roles at Guggenheim Partners and Andreessen Horowitz. His background includes seven years in senior U.S. national security positions, including Deputy Assistant Secretary of Defense for Middle East Policy and service on the White House National Security Council. Spence holds advanced degrees from Oxford, Yale and Stanford, and cofounded The Truman National Security Project.
Lazard (LAZ) reported preliminary assets under management of approximately $290.3 billion as of August 31, 2026.
Total AUM was $290,332 million at August 31, 2026 compared with $286,898 million at July 31, 2026. The August figure reflected market appreciation of $3.7 billion, net outflows of $1.8 billion, and FX appreciation of $1.5 billion.
By asset class at August 31, 2026, AUM comprised $218,426 million in Equity, $35,590 million in Fixed Income, $25,305 million in Multi Asset, and $11,011 million in Alternatives. Lazard stated that these AUM figures are preliminary and subject to adjustment.
Lazard (LAZ) has appointed Daniel Burton-Morgan as Managing Director and Head of Equity Capital Markets Advisory, North America, a newly created role within its Strategic Capital Solutions Group based in New York.
The position is intended to expand Lazard’s ability to advise clients on equity capital markets strategy and execution, including initial public offerings, follow-on and secondary offerings, and block trades. The company describes this hire as establishing in North America an equity capital markets advisory capability that complements its existing franchise in Europe and supports a seamless global offering for boards and management teams.
Lazard Global Total Return and Income Fund (NYSE: LGI) confirmed a monthly distribution of $0.15340 per share on its common stock under its Managed Distribution Policy. The distribution is payable on September 22, 2026, to shareholders of record on and ex-dividend date September 10, 2026. The Fund is also paying a previously declared distribution on August 21, 2026.
According to the Fund, the current distribution is estimated to consist of $0.04727 net investment income (31%), $0.05904 net realized long-term capital gains (38%), and $0.04709 return of capital (31%). Fiscal year-to-date distributions total $1.22720 per share, comprising 12% net income, 36% long-term gains and 52% return of capital. As of July 31, 2026, the Fund reports a 5-year average annual total return on NAV of 5.77%, an annualized current distribution rate of 10.04% of NAV, and a fiscal year-to-date total return and distribution level each equal to 5.86% of NAV.