Lazard reports AUM of $248.4 billion for June 2025

NEW YORK - Lazard, Inc. (NYSE:LAZ) announced Friday that its preliminary assets under management (AUM) reached approximately $248.4 billion as of June 30, 2025, reflecting an increase from the previous month. The company, currently trading at $52.01 per share with a market capitalization of $4.9 billion, has shown robust financial health according to InvestingPro analysis, though current valuations suggest the stock may be trading above its Fair Value.

The financial advisory and asset management firm reported that June’s AUM growth included market appreciation of $5.4 billion, net inflows of $4.6 billion, and foreign exchange appreciation of $3.1 billion. The preliminary average AUM for the quarter ended June 30, 2025 was $238.6 billion.

According to the company’s statement, equity assets comprised $192.25 billion of the total AUM, while fixed income assets accounted for $47.06 billion, and other assets totaled $9.05 billion.

This represents an increase from May 31, 2025, when Lazard reported total AUM of $235.29 billion, with equity assets at $180.51 billion, fixed income at $45.76 billion, and other assets at $9.02 billion.

Lazard, founded in 1848, provides financial advisory services including mergers and acquisitions advice, capital markets solutions, restructuring guidance, and asset management services to institutions, corporations, governments, and high net worth individuals.

The company noted that the June 2025 figures are preliminary and subject to adjustment. The information was disclosed in a press release issued by the company.

In other recent news, Lazard, Inc. reported its assets under management (AUM) for May 2025, totaling approximately $235.3 billion, despite experiencing net outflows of $3.7 billion. The company also announced a market appreciation of $7.4 billion, with a notable $4.3 billion withdrawal from a single sub-advised relationship. Lazard Global Total Return and Income Fund declared a monthly distribution of $0.14646 per share, payable to shareholders on July 22, 2025. The distribution consists of a mix of net income, short-term capital gains, and a return of capital.

Additionally, Lazard appointed Eric Van Nostrand as the Global Head of Markets and Chief Economist at Lazard Asset Management. This role is expected to enhance the firm’s investment strategies with advanced economic and market analysis. In corporate governance news, Lazard shareholders approved the election of directors Peter Harrison and Dan Schulman and endorsed the executive compensation package. They also ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2025.

Furthermore, Lazard has hired Bill Hart from Bank of America to lead its West Coast financial sponsors division. This move aligns with Lazard’s strategy to increase its activities involving buyout firms and alternative asset managers. These developments indicate Lazard’s ongoing efforts to strengthen its market position and enhance its financial advisory and asset management services.

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