Lazard Sells Stake in Edgewater Funds Management Vehicles

Reuters02-24

Lazard Inc. said it has sold its stake in the Edgewater Funds management vehicles, citing ongoing efforts to simplify operations and align activities with its long-term “Lazard 2030” growth strategy. Lazard noted that, as of Dec. 31, 2025, its asset management unit’s $254 billion in assets under management included $1.5 billion related to Edgewater.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lazard Inc. published the original content used to generate this news brief on February 23, 2026, and is solely responsible for the information contained therein.

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