Lazard is a financial advisory and asset management firm. Co. has two business segments: Financial Advisory, which provide corporate, partnership, institutional, government, sovereign and individual clients financial advisory services regarding mergers and acquisitions, restructurings, capital structure, and capital raising; and Asset Management, which provides services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor union funds, financial intermediaries and private clients. As of Dec 31 2012, Co. had $167.06 billion in assets under management.
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