Welcome to our dedicated page for Lazard news (Ticker: LAZ), a resource for investors and traders seeking the latest updates and insights on Lazard stock.
Lazard, Inc. (NYSE: LAZ) is a financial advisory and asset management firm that regularly issues news and announcements related to its operations in investment banking and securities dealing. Founded in 1848, the company provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, alongside asset management and investment solutions for institutions, corporations, governments, partnerships, family offices, and high net worth individuals.
The LAZ news feed features earnings releases and financial updates, including quarterly and annual results and commentary on segment performance in Financial Advisory and Asset Management. Lazard also reports monthly and periodic assets under management (AUM) figures, broken down by categories such as equity, fixed income, and other strategies, giving insight into trends in its asset management platform.
Investors can also follow corporate developments such as leadership appointments, board changes, and updates on the firm’s long-term growth strategy. Lazard’s communications highlight initiatives in its asset management business, including the evolution of its global investment platform, the creation of roles like Chief Investment Officer for Lazard Asset Management, and the launch or conversion of investment products, such as an emerging markets equity ETF.
In addition, Lazard’s news includes information about capital markets transactions at the corporate level, such as senior notes offerings and tender offers for existing debt, which are relevant to understanding the company’s capital structure. For users tracking LAZ stock, this news page provides a centralized view of Lazard’s public announcements, from financial metrics and AUM updates to strategic hires and product developments across its advisory and asset management businesses.
Lazard (NYSE:LAZ) has announced the appointment of Christopher Hogbin as the new CEO of Lazard Asset Management, effective December 2025. Hogbin brings 30 years of professional experience, including 20 years at AllianceBernstein where he most recently served as Global Head of Investments.
Hogbin will succeed Evan Russo, who will transition to an advisory role after two decades at Lazard. During his tenure at AllianceBernstein, Hogbin played a crucial role in expanding investment capabilities across public and private markets and enhancing the firm's research function.
The appointment comes at what Lazard describes as an inflection point for their Asset Management business, with the company focusing on building momentum and meeting evolving client needs. Hogbin's expertise in growing global investment businesses aligns with Lazard's strategy for long-term growth and value creation.
Lazard (NYSE:LAZ) has appointed Dmitry Shevelenko, Chief Business Officer of Perplexity, to its Board of Directors effective September 2, 2025. Shevelenko brings extensive technology leadership experience from roles at Uber, LinkedIn, and Meta, along with expertise in artificial intelligence and startup ventures.
The appointment aligns with Lazard's strategy to enhance its tech-enabled vision, combining AI-driven insights with human intellectual capital. CEO Peter R. Orszag emphasized that Shevelenko's AI leadership will advance the firm's future direction, while Lead Independent Director Dan Schulman highlighted the strategic importance of AI expertise in the company's governance and growth plans.
Lazard Global Total Return and Income Fund (NYSE:LGI) has declared its monthly distribution of $0.14646 per share, payable on September 22, 2025, to shareholders of record on September 11, 2025. The distribution breakdown includes 21% from net income, 79% from capital gains, and no return of capital for the current distribution.
The Fund's performance metrics show a 9.46% average annual total return over the past 5 years and a 9.87% annualized distribution rate. The Fund's portfolio consists of 60-80 US and non-US equity securities, with investments in emerging markets currencies and debt obligations. As of July 31, 2025, Lazard Asset Management managed $253.7 billion in client assets.
Lazard (NYSE:LAZ) reported preliminary assets under management (AUM) of $253.7 billion for July 2025. The month saw net inflows of $4.5 billion, market appreciation of $3.9 billion, and FX depreciation of $3.2 billion.
The AUM breakdown includes $198.8 billion in Equity, $46.0 billion in Fixed Income, and $8.9 billion in Other assets. Compared to June 2025, total AUM increased from $248.4 billion, primarily driven by growth in equity assets from $192.3 billion.
Lazard (NYSE:LAZ) has announced that its subsidiary Lazard Group LLC will redeem all outstanding 3.625% Senior Notes due March 1, 2027. The redemption will take place on September 18, 2025. The Notes, which have an outstanding principal amount of $97,027,000, were originally issued under an indenture dated May 10, 2005.
The redemption price will be calculated according to the make-whole provision in the Indenture. All interest on the Notes will cease to accrue from the redemption date. Noteholders are advised to contact their banks or brokers to obtain information about receiving the redemption payment.
Lazard (NYSE: LAZ) has announced the completion of its cash tender offer for its 3.625% Senior Notes due March 1, 2027. The tender offer, which expired on August 1, 2025, resulted in $202,944,000 in aggregate principal amount of Notes being validly tendered and accepted for purchase.
Holders of accepted notes will receive a Total Consideration of $991.89 per $1,000 principal amount, plus accrued and unpaid interest. Settlement is expected on August 4, 2025, with guaranteed delivery settlement on August 6, 2025. Citigroup Global Markets Inc. and Lazard Frères & Co. LLC served as dealer managers for the tender offer.
Lazard (NYSE: LAZ) has successfully completed its offering of $300 million in senior notes due 2035 with a 5.625% interest rate. The notes, issued by Lazard Group LLC and guaranteed by Lazard, Inc., were offered through an effective shelf registration statement with the SEC.
The company plans to use the proceeds to repurchase all outstanding 3.625% Senior Notes due March 2027 through a cash tender offer expiring on August 1, 2025, at 5:00 p.m. (New York City time). Any remaining funds will be allocated for general corporate purposes.
Lazard (NYSE:LAZ) has announced the Total Consideration for its subsidiary Lazard Group LLC's cash tender offer for its 3.625% Senior Notes due 2027. The tender offer will expire on August 1, 2025, at 5:00 p.m. New York City time.
The Total Consideration is set at $991.89 per $1,000 principal amount of Notes, calculated based on a fixed spread of +30 bps over the UST Reference Security yield of 3.861%. The outstanding principal amount of the Notes is $300 million. Holders will also receive accrued and unpaid interest up to the Settlement Date.
The Settlement Date is expected to occur on the next business day following the Expiration Time, with a Guaranteed Delivery Settlement Date two business days later. Citigroup Global Markets Inc. is acting as lead dealer manager, with Lazard Frères & Co. LLC as co-dealer manager.
Lazard (NYSE: LAZ) has announced that its subsidiary Lazard Group LLC is launching a new senior notes offering and a concurrent tender offer. The company is initiating a cash tender offer for any and all of its outstanding 3.625% Senior Notes due March 1, 2027.
The new Notes will be senior unsecured obligations of Lazard Group, fully guaranteed by Lazard, Inc. The proceeds from the offering will be used to repurchase the 2027 Notes tendered in the offer, pay related fees and expenses, with remaining funds allocated for general corporate purposes.
Citigroup Global Markets Inc. and Lazard Frères & Co. LLC are serving as joint lead book-running managers for the offering and as dealer managers for the tender offer.
Lazard (NYSE:LAZ) has announced a cash tender offer for all outstanding 3.625% Senior Notes due March 1, 2027 through its subsidiary Lazard Group LLC. The tender offer will expire on August 1, 2025, at 5:00 p.m. (New York City time).
The tender offer targets $300 million in outstanding notes. The Total Consideration will be determined based on a fixed spread of +30 basis points over the yield of the 1.250% UST Reference Security. The settlement is expected to occur the next business day following expiration, with a guaranteed delivery settlement date two days later.
The offer is contingent upon Lazard Group receiving sufficient net proceeds from future senior unsecured notes offerings to fund the purchase and related expenses.
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