dChan - Q Origins Project Archive

>Lazard

https:// en.wikipedia.org/wiki/Lazard

Lazard is a financial advisory and asset management firm that engages in investment banking, asset management, and other financial services primarily with institutional clients. Its principal executive offices are in New York City, Paris and London.

Lazard was founded in 1848 and operates from 43 cities across 27 countries in North America, Europe, Asia, Australia, Central and South America. The firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.

History

On July 12, 1848, three Jewish French brothers, Alexandre, Lazare, and Simon Lazard, founded Lazard Frères & Co. as a dry goods merchant store in New Orleans, Louisiana. By 1851, Simon and two more brothers, Maurice and Elie, had all moved to San Francisco, California, while Alexandre moved to New York. Lazard Frères began to serve miners engaged in the California Gold Rush, and soon expanded into banking and foreign exchange.

In 1854, Alexandre Lazard moved to Paris, France, where he opened an office to complement the U.S. business. The firm began advising the French government on gold buying. In 1870, the firm continued to expand its international operations, opening an office in London as well.

The three houses of Lazard

In the late 1800s and early 1900s, the firm evolved into three “Houses of Lazard” in the United States, France, and England, separately managed but allied. The Lazard partners advised clients on financial matters and built a cross-border network of high-level relationships in business and government. Noted financial advisor George Blumenthal rose to prominence as the head of the U.S. branch of Lazard Frères and was a partner of Lazard Frères in France.

In the economic boom following World War II, the American operations of Lazard expanded significantly under the leadership of the financier André Meyer. Meyer and Lazard partner Felix Rohatyn have been credited with virtually inventing the modern mergers and acquisitions (M&A) market.

In 1953, Lazard Investors Ltd began an asset management business in London, which is the origin of today’s Lazard Asset Management.

A unified firm

In 1977, as the health of Meyer began to deteriorate, the firm came to be controlled by Michel David-Weill. Under his leadership, the three houses of Lazard were formally united in 2000 as Lazard LLC.

In 2002, David-Weill hired Bruce Wasserstein to be CEO. Lazard became a public company, with nearly two-third of its shares owned by current and former employees in 2005. Wasserstein became its first Chairman and CEO. In connection with the initial public offering (IPO), Lazard spun off its broker-dealer business, Lazard Capital Markets.

Following Wasserstein’s sudden death in 2009, Lazard's Board of Directors elected Kenneth M. Jacobs Chairman and CEO.

Anonymous ID: 231ffc April 14, 2018, 5:40 p.m. No.1045774 🗄️.is 🔗kun >>5788

>>1045756

clowns pulling strings, won't be any more of an "attack" than what happened in Syria. Very different situation, of course, but not that much

>>1045788

exactly.

but no roth bank!!!

well the boogeyman has to be somewhat believable

>Lazard

Business overview

Financial advisory

Lazard advises clients on a wide range of strategic and financial issues. These may include advising on the potential acquisition of another company, business or certain assets, or on the sale of certain businesses, assets or an entire company. The firm also advises on alternatives to a sale such as recapitalizations, spin-offs, carve-outs and split-offs. For companies in financial distress, Lazard advises on all aspects of restructuring. The firm has advised on many of the largest restructuring assignments in the wake of the global financial crisis that began in mid-2007. Lazard also advises on capital structure and capital raising. Capital structure advice includes reviewing and analyzing structural alternatives and assisting in long-term planning. Capital raising advice includes private and public market financing. Lazard's Sovereign Advisory group advises governments and sovereign entities on policy and financial issues.

Asset management

Lazard's asset management business provides investment management and financial advisory services to institutional clients, financial intermediaries, private clients, and investment vehicles around the world. The firm manages assets on behalf of institutional (corporations, labor unions, public pension funds, endowments, foundations, insurance companies, and banks; and through sub-advisory relationships, mutual fund sponsors, broker-dealers and registered advisors) and individual clients (principally family offices and high-net-worth individuals).

Management

Past chairmen

Alexandre Lazard, Lazare Lazard and Simon Lazard (founders)

Alexandre Weill

David David-Weill

Pierre David-Weill

André Meyer

Michel David-Weill

Bruce Wasserstein

Board of directors

Lazard's board of directors as of March 2018.

Kenneth M. Jacobs

Andrew Alper

Ashish Bhutani

Richard N. Haass

Steven J. Heyer

Michelle Jarrard

Sylvia Jay

Philip Laskawy

Jane Mendillo

Richard Parsons

>Lazard's Sovereign Advisory group advises governments and sovereign entities on policy and financial issues.

Vatican?

>Lazard

Lazard/Rotschild

>https:// www.wallstreetoasis.com/forums/lazard-nyc-vs-rothschild-nyc

>Opinions on Lazard vs. Rothschild (both NYC, full-time analyst)? Saw content on WSO, but updates were from 2011. I know both firms have changed a lot in the past few years, and am interested to learn more about their reputation, deal flow, experiences, offices, path forward, etc.

Lazard seems to win a lot here

>https:// www.ft.com/content/9bd62502-12cf-11e7-b0c1-37e417ee6c76

> Emmanuel Macron’s Rothschild years make him an easy election target

>Stint at investment bank leaves centrist candidate vulnerable in French campaign

<At the time, Lazard, Rothschild’s arch-rival in Paris, dominated cross-border dealmaking and had a close relationship with the Swiss group. Luckily for Mr Macron, Lazard was conflicted because French yoghurt maker Danone, another of its clients, was also eyeing the deal. It also helped that Mr Macron had already made an impression on Nestlé’s chairman. Peter Brabeck-Letmathe had served on a cross-party panel on reforming the French economy; before joining Rothschild, Mr Macron had helped draft the panel’s report.

arch-rival, i'd never heard of them (but i'm a finance normie/ignorant)

>https:// www.thelawyer.com/issues/online-november-2014/rothschild-and-lazard-which-firms-did-best-out-of-the-independent-advisers-in-2014/

>Rothschild and Lazard: which firms did best out of the independent advisers in 2014? By Natalie Stanton 17 November 2014

<Sign in or register to continue reading.

well fuck off then

>https:// www.fnlondon.com/articles/three-can-be-a-crowd-for-independent-ipo-advisers-20131008

>Lazard vs Rothschild vs STJ Advisors

>As the IPO market warms up, three independents are often bumping up against each other

(…) STJ Advisors is the new kid in town, in existence for just five years versus the more than 350-year history of Lazard and Rothschild combined.

>(…) Lazard has deep government connections and has advised on some of the most high-profile deals of the year involving state entities.

>Foreman said: "There is no client that requires greater quality, depth, audit, than the UK government. That's a testament to the differentiation of the Lazard platform compared to anyone else out there."

He also said another differentiating factor was its US presence. He said: "Our US platform gives us a massive visibility on the deepest pool of capital."

>>1045920

this also avoids /ourguys/ killing "our" guys

>>1045936

ugh, it's designed to confuse cameras, so yes it'll "work" as op art/optical illuions/fuckery for the human eye

(it's a covering to hide details)

>>1045960

> And you should feel good.

?

>Lazard

>>1045926 Lazard/Rothschild

Lazard/Rothschild/Clinton

>https:// www.globalresearch.ca/hillary-clintons-intimate-relationship-with-the-rothschild-banking-dynasty-the-shadowy-network-of-super-elites/5542966

>Quigley then moves on to document some of the other “banking families” that shared similar traits to the Rothschild dynasty:

The names of some of these banking families are familiar to all of us and should be more so. They include Baring, Lazard, Erlanger, Warburg, Schroder, Seligman, the Speyers, Mirabaud, Mallet, Fould, and above all, Rothschild and Morgan. [These banking families] remained different from ordinary bankers in distinctive ways: … (5) They were almost equally devoted to secrecy and the secret use of financial power in political life. These bankers came to be called “international bankers” and, more particularly, were known as “merchant bankers” in England, “private bankers” in France, and “investment bankers” in the United States (1998 printing: p.52).

>What the relationship between Clinton and Lady de Rothschild demonstrates is that the political class, the corporate class and the banking class, are all connected in a shadowy network of super-elites. Or in the words of the legendary American stand-up comedian, George Carlin: “It’s a big club, and you ain’t in it.”

>https:// www.politico.com/story/2014/08/hillary-clinton-to-party-with-president-obama-109945

>Clinton to party with Obama By MIKE ALLEN 08/12/2014 09:53 AM EDT

<This could be awkward.

>Hillary Clinton, after taking a tough shot at President Barack Obama in last week’s interview with The Atlantic’s Jeffrey Goldberg, is scheduled to party with POTUS Wednesday night on Martha’s Vineyard. The occasion: an 80th birthday party for Ann Dibble Jordan, thrown by her husband, Democratic power broker Vernon Jordan, former president and CEO of the National Urban League.

<The bash begins at 6 p.m. at Farm Neck Golf Club in Oak Bluffs, where Obama golfed on Saturday and Sunday. Mrs. Jordan, a corporate and philanthropic trustee and board member, is a cousin of Valerie Jarrett. Others who have RSVP’d “yes”: Lynn Forester de Rothschild; Bill Lewis, Lazard co-chairman; and Frank Thomas, former Ford Foundation president and CEO.

>While Clinton is on the island, she’ll do a book signing for “Hard Choices” from 4 p.m. to 6 p.m. Wednesday night at Bunch of Grapes bookstore in Vineyard Haven. She’ll make another 1 percent stop on Saturday, from 5 p.m. to 7 p.m., at BookHampton in East Hampton, near the Clintons’ Amagansett rental — $100,000 for three weeks, per the New York Post’s Page Six.

oooh

>>1046015

ok, thanks, but it's entry-level search & copypaste.

hoping to interest others in digging along, there's Roth+Clinton+Seoul connections, smells like…

>>1046031

>I remember him signing in every morning.

and out, too, but i can't ever recall learning what he did in the middle, somewhat curious why he namefagged. maybe he finally learned and just went anon

Anonymous ID: 231ffc April 14, 2018, 6:20 p.m. No.1046132 🗄️.is 🔗kun >>6205

>>1009350 << Lazard. Definitely dig-worthy

>>1009372 << Old old old money from way back into France. Connect'd currently you think?

>>1009397 << Looks like a solid lead on where Clinton interests and roth interest may meet.

https:// www.lazard.com/

>Lazard

>>1045926 Lazard/Rothschild

>>1046011 Lazard/Rothschild/Clinton

>https:// www.khaleejtimes.com/the-house-of-lazard-is-an-undervalued-bank

The House of Lazard is an undervalued bank

>The House of Lazard is one of the world's oldest, most cosmopolitan international investment banks, whose constellation of legendry deal makers include Andre Mayer, Felix Rohatyn, Bruce Wasserstein and Michel David Weill. These Lazard partners were titans of global finance. Felix Rohatyn saved New York City from bankruptcy and was Bill Clinton's ambassador to the Quai d'Orsay. David Weill was the Cardinal Richelieu of the post Gaullist French Republic. Bruce Wasserstein was the most creative merger and acquisitions banker during Wall Street's 1980's merger mania.

>Lazare Freres was originally founded in 1848 in New Orleans and, a generation later, was helping finance the gold purchases of Emperor Napoleon III in France and British diamond mines in South Africa. With the possible exception of Banque Rothschild, Lazard is world finance's classiest boutique investment banking.

oooh

Rahm Emanuel connection

>https:// www.nytimes.com/2008/12/04/us/politics/04emanuel.html

In Banking, Emanuel Made Money and Connections

>In late 1998, while Washington was in the throes of the Monica Lewinsky scandal, Rahm Emanuel, a departing senior political aide to President Bill Clinton, ventured out to an elegant restaurant in Dupont Circle for something of a job interview.

>John Simpson, who ran the Chicago office of the investment banking boutique Wasserstein Perella & Company, had flown to Washington to meet with Mr. Emanuel at the behest of Mr. Simpson’s boss, Bruce Wasserstein, a major Democratic donor and renowned Wall Street dealmaker who had gotten to know Mr. Emanuel.

>“I had this idea that this could work and that it had upside,” said Mr. Wasserstein, now chairman and chief executive of Lazard, the investment bank. “It worked out better than I could have hoped.”

>Jeffrey A. Rosen, now deputy chairman of Lazard and a former managing director of Wasserstein Perella’s international practice, said Mr. Emanuel was “both a developed and a raw talent.”

>“His years in the White House and what he’d done before that really honed what I’d call deal-making instincts, which could be easily translated into the business arena,” Mr. Rosen said. “Plus, he was someone who was well connected in Chicago and highly respected.”

Anonymous ID: 231ffc April 14, 2018, 6:27 p.m. No.1046205 🗄️.is 🔗kun >>6227 >>6280

moar

>>1009350 << Lazard. Definitely dig-worthy

>>1009372 << Old old old money from way back into France. Connect'd currently you think?

>>1009397 << Looks like a solid lead on where Clinton interests and roth interest may meet.

https:// www.lazard.com/

>Lazard