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About Lazard

Founded in 1848, Lazard is a New York-based investment bank that operates in North America, South America, Europe, Australia, and Asia.³⁴  In May 2005, president and CEO Bruce Wasserstein took the firm public, conducting an initial public offering of its shares on the New York Stock Exchange.³⁵  Lazard's core businesses are:

• Financial Advisory--provides advice to clients on strategic transactions such as mergers, acquisitions, restructurings, and financing.³⁶
• Asset Management--provides investment management and advisory services.³⁷  As of December 2007, Lazard had $141.4 billion in assets under management.³⁸

Atria Senior Living: Lazard is taking big chances with investors' money

Atria Senior Living is wholly owned by a private equity buyout fund affiliated with Lazard. Many of Lazard's investor-clients in this buyout fund are pension funds for hundreds of thousands of union members in the United States, Canada, and Europe. But as Atria workers struggle to improve their jobs and the quality of care for residents, Lazard and Atria are expending precious client resources on a risky anti-union campaign that poses serious financial and reputational risk to Atria, Lazard, the fund's investors, and potentially all Lazard clients. More  »

Lazard, Bruce Wasserstein and Atria Senior Living. »

More about Lazard CEO Bruce Wasserstein. »

NEWS coverage of Lazard and Bruce Wasserstein. »