Lazard(US:LAZ)2021-07-30 17:17Company Overview - Lazard's mission is to provide trusted financial advice and investment solutions to its clients[4] - The company has 41 global offices in 26 cities and countries[5] - As of June 30, 2021, Lazard had $277 billion in Assets Under Management (AUM)[5] - Lazard's LTM Operating Revenue is $2.9 billion as of June 30, 2021[5] Financial Performance - Lazard's operating revenue for Q2 2021 was $821 million[27] - Asset Management operating revenue for Q2 2021 was a record $343 million[27] - Financial Advisory operating revenue for Q2 2021 was $471 million[27] - The company returned $398 million of capital to shareholders in 1H 2021[27] Growth and Strategy - The company's financial advisory market share has increased by 25% since its IPO[29] - The company's active AUM market share has increased by 64% since its IPO[30] - New investment strategies represent 54% of total AUM[38]