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Balance Sheet Cash Flow Statement Clarendon House, 2 Church St. Hamilton HM 11, Bermuda Tel. 441-295-1422 Fax 441-292-4720 |
Type: Public
On the web:
http://www.lazard.com
Employees:
2,434
Employee growth: 231.2%
It's all for one and one for all at Lazard. The venerable firm (dating back to 1848 New Orleans) offers financial advisory (some 60% of sales) and asset management services from offices in some two dozen countries. Lazard provides advice in corporate restructurings and mergers & acquisitions. Industry specialties include consumer, health care, energy, real estate, media, and telecom. Its asset management operations have about $134 billion in assets under management. Lazard provides investment management to primarily institutional clients. Subsidiaries include private equity firm Fonds Partenaires-Gestion, which invests in French companies, and Lazard Frères Banque, which manages Lazard's commercial positions.
Key numbers for fiscal year ending December, 2008:
Sales: $1,557.2M
One year growth: (18.8%)
Net income: $3.1M
Income growth: (98.0%)
Officers:
Chairman and CEO: Kenneth M. (Ken) Jacobs
President; Chairman of Asset Management Group: Charles G. (Chuck) Ward III
COO: Alexander F. Stern
Competitors:
Goldman Sachs
Merrill Lynch
Morgan Stanley
