Lazard

🌟 Today marks the beginning of Hispanic Heritage Month in the United States! 🌟 This month we celebrate the rich history, vibrant culture, and significant contributions of the Hispanic community. From cooking cherished family recipes to honoring their heritage and supporting local Hispanic businesses, our colleagues are sharing their personal reflections on what this month means to them. We invite you to join us in this celebration by sharing your own experiences, learning from others, and committing to fostering an inclusive community. Together, let's honor the past and build a brighter, more inclusive future for everyone. #HHM2024

Geopolitics is becoming central to patterns of trade and investment. Growing tensions between China and the West now mean that geopolitical closeness has a bigger influence over where capital is invested than geopolitical proximity. In other words, how countries get along is becoming increasingly important to global trade and finance than where they are located. Learn more about nations leveraging geopolitical cooperation as investment alternatives to China in Lazard Geopolitical Advisory’s 2024 Geopolitics of Supply Chains report: https://lnkd.in/e95TdvbZ

Colleagues from our Tokyo Financial Advisory and Lazard Asset Management teams, along with their families, joined over 4,000 participants at the National Stadium for the annual FIT for Charity Run! A highlight was the inter-company relay, where Financial Advisory CEO Kenta Akiyama and Asset Management CEO Tomo Kamisaku ran alongside colleagues in the qualifying race. Thank you to everyone who participated, donated, and volunteered to make this event a success and raise funds for our community!

Investors transitioned out of the summer of 2024 facing ongoing uncertainty. On the one hand, the Federal Reserve’s recent rate reduction and decelerating U.S. inflation are positive. However, fears of slowing economic momentum and potential market volatility due to the upcoming U.S. election in November, which could affect trade, sector-specific regulatory policies, and tax rates have contributed to a cautious outlook. Against this backdrop, our Healthcare Advisory team conducted this year’s Global Biopharmaceutical Leaders Study, surveying nearly 300 industry leaders to identify the key factors shaping the sector. Click here to explore this year's results: https://lnkd.in/eqG9SVP5

Lazard acted as financial advisor to Macquarie Asset Management in its announced investment in D. E. Shaw Renewable Investments.

Lazard acted as financial advisor to CVC on the extension of its partnership with Multiversity.

Lazard Chief Market Strategist Ronald Temple joined Yahoo Finance and discussed his reaction to the Fed’s rate cut this week, highlighting key risks that could challenge market momentum. 

We are thrilled to highlight that Managing Director Razika Abchiche has been recognized as one of Beauty's Most Powerful Financiers by WWD. Click here to read the full article: https://lnkd.in/ezQSKfu4

As anticipated in our 2023 Interim Secondary Market Report, the first half of 2024 saw a surge in GP-led transactions and growing demand for liquidity from LPs, driven by the accelerating LP portfolio market. Following this record-setting period for the secondary market, what can we expect for the remainder of 2024? Lazard’s 2024 Interim Secondary Market Report forecasts the key opportunities that could shape the secondary market for the rest of 2024. To read the full report, please click here: https://lnkd.in/effaB3GE

Lazard acted as advisor to the Official Committee of Unsecured Creditors for Rite Aid on its Chapter 11 restructuring.