Lazard's Business Overview - Lazard is an independent financial advisory and asset management firm[11] - Asset Management AUM reached $248 billion in 2Q25, with 63% in non-USD securities[19] - Financial Advisory had >200 clients in FY24 with fees >$1M[19] Financial Performance & Strategy - Lazard aims to double revenue by 2030 and achieve a 10-15% average annual total shareholder return (TSR)[31] - In 2024, Financial Advisory net revenue was $1731 million and Asset Management net revenue was $1100 million[161] - Lazard targets an $85 million annual revenue per MD in Financial Advisory by 2025, increasing to $10 million by 2028[34] Financial Metrics - Adjusted net revenue for 2024 was $2890 million[159] - The adjusted compensation ratio for 2024 was 659%[154] - The adjusted non-compensation ratio for 2024 was 199%[156]

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Generally speaking, we have spent a lot of time on this subject since the infamous price surge of 2021. Although inflation has decreased significantly since then, we're still facingAnalyst’s Disclosure:I/we have a beneficial long position in the shares of AM either through stock ...

International Public Partnerships Limited (INPP) Update / Briefing July 24, 2025 06:30 AM ET Speaker0Good morning, and welcome to the International Public Partnerships Investor Update. Throughout this recorded update, investors will be in listen only mode. Questions are encouraged and could be submitted at any time by the Q and A tab situated in the right corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting ...

GAAP Net Income of $0.64 per Unit Adjusted Net Income of $0.76 per Unit Cash Distribution of $0.76 per Unit Market Performance Global equity and fixed income markets were up in the second quarter of 2025. | | 2Q 2025 | | --- | --- | | S&P 500 Total Return | 10.9 % | | MSCI EAFE Total Return | 12.1 | | Bloomberg Barclays US Aggregate Return | 1.2 | | Bloomberg Barclays Global High Yield Index - Hedged 3.4 | | | (US $ Thousands except per Unit amounts) 2Q 2025 | | | 2Q 2024 | % Change 1Q 2025 | % Change | | - ...

Core Viewpoint - City Office REIT, Inc. has entered into a definitive merger agreement with MCME Carell Holdings, under which MCME Carell will acquire all outstanding shares of City Office for $7.00 per share in cash, valuing the transaction at approximately $1.1 billion [1][2][3]. Transaction Details - The transaction price of $7.00 per share represents a 26% premium to City Office's closing share price on the NYSE prior to the announcement and a 39% premium to the volume weighted average share price over the previous 90 days [2]. - Holders of City Office's 6.625% Series A Cumulative Preferred Stock will receive $25.00 per share in cash, plus all accrued and unpaid distributions up to the date of transaction consummation [2]. - The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including shareholder approval [4]. Company Actions - City Office will pay its previously announced second quarter dividend but has resolved to suspend future common stock dividend payments until the transaction closes [5]. - Upon completion of the transaction, City Office will become a private company, and its shares will no longer trade on the NYSE [6]. Company Background - City Office REIT is focused on acquiring, owning, and operating office properties primarily in Sun Belt markets, currently owning or controlling 5.4 million square feet of office properties [8][9]. - MCME Carell is affiliated with Elliott Investment Management and Morning Calm Management, managing approximately $72.7 billion in assets [10].

SAN DIEGO, July 24, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that holders of Broadmark Realty Capital Inc. (NYSE: BRMK) common stock as of the record date of the May 2023 merger between Broadmark and Ready Capital Corporation (NYSE: RC) (the "Merger"), have until Monday, July 28, 2025 to seek appointment as lead plaintiff of the Broadmark class action lawsuit.  Captioned Grant v. Broadmark Realty Capital, No. 25-cv-01013 (W.D. Wash.), the Broadmark class action lawsuit ...

智谱AI先后拿到杭州、珠海、成都、北京、上海各类国资机构合计约30亿元战略融资，银河通用机器 人拿到包括北京国管等机构合计11亿元单笔融资……今年上半年，在热门创投赛道热点大额投融资事件 中，频频出现地方国资产业投资、金融控股平台的身影。 进入7月，全国多地省、市级金融控股、产业投资平台陆续召开2025年上半年经营工作会议，部分主动 公开上半年经营业绩，并对下半年工作展开部署。本期南都·湾财社"科创半年观"系列报道，记者通过 梳理分析发现，目前主动公布上半年业绩的地方产投、金控公司均取得较好的增长成绩，同时，股权投 资母子基金布局及项目投资数正成为此类公司展现经营实绩的重要一环。 至少7地产投、金控公司 亮出上半年"双过半"成绩单 经南都·湾财社记者不完全统计，截至发稿，全国范围已有至少数十家本地产业投资、金融控股公司召 开2025年上半年经营工作会议，其中主动发布上半年经营业绩数据的公司至少有7家，分别来自武汉、 深圳、浙江、海南、广州、湖南、四川等地。 | 地方 | 金控、产投机构 | 营收业绩 | 利润业绩 | 投资业绩及投资布局 | | --- | --- | --- | --- | --- | | ...

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July 20, 2025 09:00 PM GMT China – Sustainability | Asia Pacific Interpreting China's Quasi- Stewardship Code – Expert Call Takeaways M In our latest Sustainability Roundtable, we hosted Frank Hu, CFA, Chief Research Officer at ZD Proxy Shareholder Service. He provided a comprehensive overview of the drivers reshaping governance norms in China and the nuances of China's quasi- Stewardship Code. Key Takeaways Note: This report summarizes the views from our external speaker, Frank Hu. His views are is his own ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **China Consumer Sector** and its performance as indicated by the **Five-factor Consumer Activity Z-Score** compared to **MSCI China** [1][3]. Core Insights and Arguments - **Consumer Activity Decline**: Consumer activity weakened in June 2025, as evidenced by a decline in the Five-factor Consumer Activity Z-Score [6][7]. - **Contributing Factors**: The decline in consumer activity is attributed to: - Early promotions in May - Temporary suspension of subsidies - Tighter government control on entertainment [7]. - **Mixed Signals**: While commodity retail sales and catering softened, there were slight improvements in household loans, air passenger travel, and passenger car sales [7]. - **Future Outlook**: The payback of export front-loading and delayed new stimulus measures may pressure consumer sentiment in the upcoming months [7]. - **Government Actions**: The impact of recent government efforts to control price wars among e-commerce platforms remains uncertain [7]. Important but Overlooked Content - The report includes a detailed analysis of five key factors influencing consumer activity: 1. Year-over-year change in household loans 2. Year-over-year change in retail sales in catering 3. Year-over-year change in retail sales in commodities (excluding autos) 4. Year-over-year change in passenger car retail sales (3-month moving average) 5. Year-over-year change in air passenger traffic (3-month moving average) [2][6]. This comprehensive analysis provides a nuanced view of the current state of the consumer sector in China, highlighting both challenges and areas of slight improvement.