Robert Wall to Join Lazard Asset Management as Head of Sustainable Private Infrastructure

Rhea-AI Summary

Lazard Asset Management (LAM) has expanded its global alternatives investment platform by hiring Robert Wall as Managing Director and Head of Sustainable Private Infrastructure, based in London. Wall, who has over 20 years of experience in private market investments and infrastructure, will develop a sustainable investment strategy focused on private infrastructure companies. This new strategy aims to provide diversified returns while benefiting society. LAM currently manages $277 billion in client assets as of June 30, 2021.

Positive

• Hiring of Robert Wall, an experienced professional, enhances LAM's investment strategy.
• Focus on sustainable private infrastructure aligns with market demand for responsible investing.

Negative

• None.

Lazard Asset Management (LAM) today announced an expansion of its global alternatives investment platform with the hiring of Robert Wall. Mr. Wall will join the firm in October as Managing Director and Head of Sustainable Private Infrastructure and will be based in London.

Mr. Wall, who has more than 20 years’ experience in growing private market investment portfolios, investing in infrastructure companies, and delivering engineering projects, will build a team at LAM to manage a sustainable investment strategy focused on private infrastructure companies. The strategy is expected to be made available to clients globally.

“Clients are increasingly looking for investments that provide diversified returns and that have demonstrable benefits to society in line with a more sustainable world,” said Ashish Bhutani, Chief Executive Officer, LAM. “Robert has extensive experience in investing capital across all sub-sectors of the infrastructure asset class to deliver strong returns.”

“Sustainable Private infrastructure has the potential to deliver superior, long-term investment returns through active engagement with operating companies, and improves essential services for customers, employees and other stakeholders,” said Robert Wall. “This is a fantastic opportunity to provide clients with access to private infrastructure investments, alongside Lazard Asset Management’s global investment resources and expertise in sustainable investing.”

Mr. Wall was most recently a partner and member of the infrastructure investment committee in private markets at Federated Hermes. Prior to that he was a founding member of the infrastructure investments team at the Canada Pension Plan Investment Board. He began his career as a professional engineer.

About Lazard Asset Management

A subsidiary of Lazard Ltd (NYSE: LAZ), Lazard Asset Management offers a range of equity, fixed-income, and alternative investment products worldwide. As of June 30, 2021, Lazard’s asset management business managed $277 billion of client assets. For more information about LAM, please visit www.LazardAssetManagement.com. Follow LAM at @LazardAsset.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210726005097/en/

FAQ

What is Lazard Asset Management's latest news regarding sustainable investments?

Lazard Asset Management has announced the hiring of Robert Wall to lead its Sustainable Private Infrastructure strategy.

Who is Robert Wall and what will his role be at Lazard Asset Management?

Robert Wall will be Managing Director and Head of Sustainable Private Infrastructure at Lazard Asset Management.

What is the focus of Lazard's new investment strategy?

The new strategy will focus on sustainable investments in private infrastructure companies.

How much client assets does Lazard Asset Management manage?

As of June 30, 2021, Lazard Asset Management managed $277 billion in client assets.

When will Robert Wall start his position at Lazard Asset Management?

Robert Wall is set to join Lazard Asset Management in October.