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April 26, 2015 7:40 PM ET

Capital Markets

Company Overview of Lazard Group LLC

Company Overview

Lazard Group LLC provides financial advisory and asset management services to corporations, governments, institutions, partnerships, and individuals. The company’s Financial Advisory segment offers financial advisory services related to mergers and acquisitions, other strategic matters, restructurings, capital structure, capital raising, and various other financial matters. Its Asset Management segment provides a range of global investment solutions and investment management services in equity and fixed income strategies, alternative investments, and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and ...

30 Rockefeller Plaza

New York, NY 10112

United States

Founded in 1848

2,523 Employees

Phone:

212-632-6000

Key Executives for Lazard Group LLC

Chairman, Chief Executive Officer, Chairman of Lazard Ltd and Chief Executive Officer of Lazard Ltd
Age: 56
Chief Financial Officer and Chief Financial Officer of Lazard Ltd
Age: 55
Chief Operating Officer
Age: 48
Vice Chairman, Managing Director and Chief Executive Officer of Lazard Asset Management LLC
Age: 54
Managing Director and General Counsel
Age: 51
Compensation as of Fiscal Year 2014.

Lazard Group LLC Key Developments

Lazard Group Completes Notes Offering and Issues Notice of Redemption to Redeem an Aggregate Principal Amount of $450 Million of the 2017

Lazard Group has completed its offering of $400 million aggregate principal amount of 3.750% senior notes due 2025. The notes are senior unsecured obligations of Lazard Group. The company also said Lazard Group has delivered to the holders of its outstanding 6.85% senior notes due June 15, 2017, a notice of redemption to redeem an aggregate principal amount of $450 million of the 2017 notes at a make-whole redemption price, calculated in accordance with the indenture governing the notes.

Lazard Group LLC Commences Offering of $400 Million Aggregate Principal Amount of Senior Notes Due 2025

Lazard Ltd. on Feb. 10, 2015 announced that Lazard Group LLC is commencing an offering of $400 million aggregate principal amount of senior notes due 2025. The notes will be senior unsecured obligations of Lazard Group. The unit plans to use net proceeds from the offering, combined with cash on hand, to redeem or otherwise retire $450 million of its outstanding 6.85% senior notes due June 15, 2017.

TPG Hires Lazard And Puts Redbank Energy For Sale

TPG Capital, L.P. has tapped Lazard Group LLC to find a buyer for its Redbank Energy Limited, powering up a sale that is expected to value the company at as much as AUD 4 billion. Redbank Energy's owners are exploring future ownership options for the company," Alinta said in a statement. This process was always intended as part of Alinta Energy's private equity ownership structure." The sale, which is likely to take place in early 2015, would end TPG's about three-year stewardship of Alinta. TPG and its advisors are likely to seek a trade sale but will also consider an initial public offering, according to an un-sourced report in Australian daily the Sydney Morning Herald. TPG did not immediately respond to a request for confirmation of its intentions. Potential trade buyers include AGL Energy Limited (ASX:AGK), Origin Energy Limited (ASX:ORG) and CLP Holdings Ltd.'s EnergyAustralia, according to the Sydney Morning Herald. All three have significant assets on Australia's east coast and could be attracted by the opportunity to expand to Australia's distant west coast.

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