
Allen Lazard and Camila Escribens End Engagement
Former New York Jets star Allen Lazard and his fiancée, former Miss Peru Camila Escribens, have called off their engagement and separated less than a year after having a child together.
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Former New York Jets star Allen Lazard and his fiancée, former Miss Peru Camila Escribens, have called off their engagement and separated less than a year after having a child together.
A Lazard portfolio manager suggests that infrastructure companies, focusing on roads, water, and telecom towers, offer better investment value than the sometimes overhyped AI sector.
Lazard has published the highlights from its second-quarter earnings call.
Lazard's George Bilicic observes a tremendous surge in demand for power to support AI data centers, indicating significant growth in the infrastructure required for artificial intelligence.
Wall Street's boutique investment banks, such as Evercore, Lazard, and Moelis, are grappling with the financial burden of high compensation for star bankers, having hired them in anticipation of a market upswing that has yet to fully materialize.
Lazard reported a 3.4% increase in its Assets Under Management (AUM) during May, attributed to appreciating market conditions.
Lazard CEO Peter Orszag stated that the U.S. economy has become a "levered bet on AI." He highlighted the significant reliance on artificial intelligence for economic growth.

Apple's stock surged after the company reported strong quarterly earnings, exceeding estimates due to robust iPhone and Mac demand, especially in China, and subsequently boosted its financial guidance.
Lazard has announced the acquisition of a $575 million firm to strengthen its private markets banking capabilities. This strategic move aims to expand Lazard's presence and offerings in the private investment sector.
The Duval family, Eramet's largest shareholder, is reportedly weighing an exit from the troubled mining company as it faces a looming $500 million capital raise, having hired Lazard for advice.
AllianceBernstein Global High Income Fund has declared a dividend of $0.0655 per share.
Lazard Global Total Return & Income Fund Inc has declared a dividend of $0.1534.

A new Lazard report indicates that onshore wind power and photovoltaics continue to be the most cost-effective new electricity sources in the United States, surpassing coal, gas, and nuclear power, despite rising costs across all technologies.
A $9.6 billion Lazard Asset Management fund has added Samsung Electronics Co. stock to its portfolio for the first time in over a year, capitalizing on a July plunge in memory prices.
Lazard has outlined its financial goals, targeting $10 million per managing director by 2028 and reiterating its $500 million Lazard CL 2027 revenue plan.
A report by Lazard indicates that renewable energy sources continue to lead in cost-effectiveness, even as global power demand experiences a significant surge.

Lazard is reportedly challenging rival firm Centerview in a bid to secure the mandate for Venezuela's debt restructuring. Lazard is said to be undercutting Centerview in the competitive battle for the lucrative deal.

A podcast on the digital economy discusses how Germany's economy can achieve digital transformation, featuring insights from Marcus Schenck of Lazard on global financial elite strategies.
Lazard announced a significant 67% surge in its first-quarter 2026 profit, primarily attributed to robust growth in its asset management division.
Lazard announced a target of $500 million in private capital advisory revenue by 2027 and revealed plans to launch Lazard CL.
The Riverwater Sustainable Value Strategy announced that it exited its investment position in Lazard (LAZ) during the first quarter of the year.
An insider at Lazard (LAZ) has reportedly sold 11,800 shares of the company's stock, totaling $474,000.
UBS has reduced its price target for Lazard, Inc. (LAZ) to $48 from $59, while maintaining a Neutral rating on the financial advisory firm's stock.
Lazard reported an increase in its Assets Under Management (AUM), reaching $286.9 billion in July.
Lazard asserts that spending on Artificial Intelligence remains justified, even as major tech companies like Microsoft and Amazon show differing returns on their multi-billion dollar AI investments.
Lazard reported non-GAAP EPS of $0.12, missing analyst estimates by $0.23, but its revenue of $786 million managed to beat expectations by $49.99 million.
Lazard has announced its average assets under management (AUM) for the second quarter, totaling $279.1 billion.
Lazard has issued a warning that the increasingly 'complex' nature of debt in the developing world could lead to higher costs and impede efforts to restructure these financial obligations.
Several companies and investment funds, including Lazard Global Total Return & Income Fund, Corton Enhanced Income Fund, and Frontline, have announced their latest dividend declarations. These declarations include specific per-share amounts for their respective shareholders.
A summary of Lazard Ltd's first-quarter 2026 earnings call, highlighting the company's financial performance and strategic insights for the period.

Lazard has announced plans to acquire a private capital advisory group in a $575 million deal, as private capital firms increasingly engage in complex transactions.
Virtus Investment Partners announced that its total assets under management reached $149 billion by the end of March, indicating its financial scale and growth.
Olivia Lazard warns that Europe's dependence on China for critical raw materials and industrial processing capacity is its Achilles' heel, hindering its ability to compete globally with China and the US.
Lazard (LAZ) has reported an update to its February Assets Under Management (AUM), reaching $277.7 billion, driven by recent inflows and the sale of its stake in Edgewater.