January 25, 2015 7:17 AM 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

2,522 Employees

Phone:

212-632-6000

Key Executives for Lazard Group LLC

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

Lazard Group LLC Key Developments

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.

Lazard Announces Results of Cash Tender Offer of Lazard Group LLC

Lazard Ltd. announced the expiration and final results of the previously announced cash tender offer of its subsidiary Lazard Group LLC for any and all of its outstanding 7.125% Senior Notes due May 15, 2015. The Tender Offer expired at 5:00 p.m. (New York City time) on November 14, 2013. The terms and conditions of the Tender Offer were described by Lazard Group in an Offer to Purchase and related Letter of Transmittal dated November 6, 2013. As of 5:00 p.m. (New York City time) on November 14, 2013 (the Expiration Time), $443,111,000 in aggregate principal amount of the Notes was validly tendered. Lazard Group has accepted for purchase all Notes that were validly tendered and not subsequently validly withdrawn as of the Expiration Time.

Lazard Announces Commencement of Senior Notes Offering and Concurrent Tender Offer by Lazard Group LLC

Lazard Ltd. announced Lazard Group LLC is commencing an offering of $500 million aggregate principal amount of senior notes due 2020. The Notes will be issued by Lazard Group and will be offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. The Notes will be senior unsecured obligations of Lazard Group. Concurrently with the Notes offering, Lazard Group is commencing a cash tender offer for any and all of its outstanding 7.125% Senior Notes due May 15, 2015. Lazard Group currently expects that it will exercise its right to optionally redeem any and all Existing 2015 Notes not purchased by it in the Tender Offer at a make-whole redemption price, calculated in accordance with the indenture governing the Existing 2015 Notes.

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