Lazard Ltd
News and overview for Lazard Ltd
Simon Property looks at buying assets from General Growth
Real Estate Investment SmartBrief | 6 days 2 hours 23 minutes ago
...Growth Properties. General Growth filed for bankruptcy in April. To help it with potential deals, Simon has employed Lazard Ltd., and Wachtell, Lipton, Rosen & Katz. "It's not surprising," said James Sullivan, an analyst with Green Street...
1 Results
Company Overview
| Company: | Lazard Ltd |
|---|---|
| Industry: | Large-Market Investment Banking |
| Website: | http://www.lazard.com |
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
| Sales in U.S. Dollars (mil.) | 1,557.2 (2008) |
|---|---|
| One-year % Growth in Sales | -18.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 3.1 (2008) |
| One-year % Growth in Net Income | -98.0 (2008) |
| Number of Employees | 2,434 (2008) |
| One-year % Growth in Number of Employees | 231.2 (2008) |
| Fiscal Year-End | December |