Peter Orszag

“The management will join as we open to everyone for joining our call today. Our Luzard 2030 strategy continues to progress as we planned, with strong underlying momentum across the firm, very encouraging forward indicators, and high internal morale and cultural alignment.”

“It has now been almost three years since we issued our Lazard 2030 plan, and so it seems appropriate to this long-term profitable. For Lazard 2030, we said we would measure success through relevance, revenue, and returns.”

“And I guess the upside of being on the road a lot is that I get to spend a lot of time with clients. We had a fantastic client event here in Houston last night.”

“Before turning to our first quarter results and outlook for the year, I want to start with our announcement of the acquisition of Campbell Lutyens and the future establishment of Lazard CL, a new private capital advisory unit within Lazard that will serve as our third global business, closely coordinated with our…”

“Our fourth quarter and full-year results demonstrate our ongoing focus on executing our Lazard 2030 long-term growth strategy. For 2025, we reported firm-wide revenue of $3 billion with record revenue in financial advisory and assets under management up 12% in asset management.”