NEW YORK–(BUSINESS WIRE)–Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management as of March 31, 2024 totaled approximately $250.4 billion. The month’s AUM included market appreciation of $5.3 billion, net outflows of $2.5 billion and foreign exchange depreciation of $0.4 billion. Preliminary average AUM for the quarter ended March 31, 2024 was $247.0 billion.
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LAZARD, INC. |
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ASSETS UNDER MANAGEMENT (“AUM”) |
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(unaudited) |
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($ in millions) |
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As of: |
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March 31, |
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February 29, |
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20241 |
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2024 |
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Equity |
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$195,253 |
$192,669 |
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Fixed Income |
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47,220 |
47,277 |
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Other |
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7,959 |
8,085 |
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Total AUM |
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$250,432 |
$248,031 |
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(1) Preliminary – subject to adjustment |
About Lazard
Founded in 1848, Lazard is one of the world’s preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.
