Adam Handwerker Joins Lazard as a Managing Director, Private Capital Advisory Group

Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) has appointed Adam Handwerker as a Managing Director in its Private Capital Advisory Group, effective immediately. Based in New York, Handwerker brings over 15 years of experience in real estate private fundraising. He previously held positions at Rialto Capital Management and Credit Suisse, enhancing Lazard's capabilities in the US real estate funds market. This move is expected to strengthen Lazard's position as a leading advisor globally in this sector.

Positive

• Appointment of Adam Handwerker as Managing Director enhances Lazard's expertise in real estate fundraising.
• Handwerker's 15 years of experience is expected to strengthen Lazard's capabilities in the US market.

Negative

• None.

Lazard Ltd (NYSE: LAZ) announced today that Adam Handwerker will join Lazard’s Financial Advisory business as a Managing Director in the Private Capital Advisory Group, effective immediately. He is based in New York.

“Adam brings over 15 years of experience in real estate private fundraising,” said Holcombe Green, Global Head of Private Capital Advisory, Lazard. “His expertise and strong relationships will enhance our capabilities in the US and strengthen our position as leading advisors in the global real estate funds market.”

Prior to joining Lazard, Handwerker served as managing director at Rialto Capital Management, and, since 2004, held various real estate fund raising roles at Hodes Weill & Associates and at Credit Suisse. He received a Bachelor of Science from Cornell University and a Masters in Real Estate Finance and Investments from New York University.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005306/en/

FAQ

Who is Adam Handwerker and what is his role at Lazard?

Adam Handwerker is a Managing Director in Lazard's Private Capital Advisory Group, bringing over 15 years of experience in real estate private fundraising.

What impact will Adam Handwerker's appointment have on Lazard?

His appointment is expected to enhance Lazard's capabilities in the US real estate funds market and strengthen its advisory position globally.

What is Lazard's stock symbol?

Lazard's stock symbol is LAZ.

When did Adam Handwerker join Lazard?

Adam Handwerker joined Lazard effective immediately with the announcement.