Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2023 totaled approximately $232.1 billion. The month’s AUM included market appreciation of $2.8 billion, net inflows of $2.8 billion, which includes approximately $3.9 billion from the acquisition of Truvvo Partners, and foreign exchange appreciation of $2.3 billion. Preliminary average AUM for the quarter ended March 31, 2023 was $226.8 billion.
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