Lazard Partnership Agreement

Lazard Ltd is committed to providing the invested public with accurate and timely information that meets our legal and regulatory obligations. To this end, Lazard and its operating companies use their websites, Lazard`s Twitter account (twitter.com/Lazard) and other social media sites to provide information about their operations, including the expected publication of quarterly results, quarterly financial, statistical and business information and the publication of updates of assets under management in various investment funds, hedge funds and other investment products managed by Lazard Asset Management LLC and Lazard Frères. SAS Management. Investors can connect to the websites of Lazard and its operating companies through www.lazard.com. Lazard Ltd. is a financial advisory and asset management firm dedicated to providing solutions to clients, including businesses, governments, institutions, partnerships and individuals. It operates in the Financial Advisory and Asset Management segments. The “Financial Advisory” segment provides corporate, partnership, institutional, public, public and individual clients with a range of financial advisory services on mergers and acquisitions, restructurings, capital structures, capital raising and corporate pension provision. The asset management segment offers investment solutions and investment management services. Founded in 1848 by Alexandre Lazard, Lazare Lazard and Simon Lazard, it is headquartered in New York, New York. He joined Lazard Freres in 1956 and became a partner in 1961.[1] Under the direction of André Meyer`s president, Felix Rohatyn, who was in charge of acquisitions, and himself an accountant, Lazard grew rapidly. His father died in 1975 and inherited his stake in Lazard, becoming the largest shareholder in Lazard New York and Lazard Paris, while holding shares in Lazard London.

[Citation required] When Meyer fell ill in 1977 and Rohatyn refused to replace him, David-Weill was named president. [1] He continued to work closely with Managing Director Felix Rohatyn, who also became a senior partner at Lazard in 1961. [5] Under the authority under clause 4.1 of the Lazard Partnership Agreement, he alone had the authority to determine compensation and dismiss his partners in his sole discretion. Anti-money launderingEach by LF & Co. and Lazard Middle Market LLC (“LMM”) is committed to complying with U.S. legal and regulatory requirements for combating money laundering and terrorist financing. The U.S. Patriot Act requires all financial institutions to receive, verify, and record information that identifies any person or entity who opens an account or establishes a relationship with the company. . . .

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