Lazard Frères Gestion

What Lazard Frères Gestion does

Lazard Frères Gestion is the French asset management subsidiary of Lazard Group, operating as a private limited company (SAS) headquartered at 25 rue de Courcelles in Paris. Founded in 1995 as the French asset management arm and operating within a Group whose origins date to 1848, the firm provides investment management services to three primary customer segments: institutional investors (pension funds, insurance companies, and corporates), independent wealth management advisors (Conseillers en Gestion de Patrimoine / CGP) who distribute Lazard funds to retail clients, and high-net-worth individuals and families through its Gestion Privée division. The firm employs 101-250 staff across offices in Paris, Bordeaux, Lyon, Nantes, Brussels, and Luxembourg, with a hybrid go-to-market combining direct institutional sales, intermediary distribution, and dedicated private banking.

The firm's product platform is built around a diversified range of UCITS funds spanning equity, fixed income, multi-asset, money market, convertible bond, and absolute return strategies. The platform features a strong sustainable investment orientation, with multiple funds carrying the French ISR (Investissement Socialement Responsable) label and classified under EU SFDR Article 8 and Article 9 frameworks, including thematic Article 9 offerings such as Lazard Green Capital, Lazard Human Capital, and Lazard Global Green Bond Opportunities. Investment management is supported by 39 portfolio managers across three disciplines (16 in Private Management, 11 in Fixed Income, 12 in Equities) and a dedicated ESG team of 5 specialists that integrates ESG analysis directly into fundamental investment processes rather than relying on external rating providers. The underlying technology platform includes a multi-language fund search and filtering system supporting criteria such as asset class, geographic region, ESG classification, distribution type, risk profile, and currency, along with a cookie consent management system adapted to French, Belgian, and international investor profiles.

Revenue is generated entirely through management fees on assets under management, with fee structures not publicly disclosed at the share-class level. The firm does not report standalone revenue figures; total AUM is not aggregated in the source data, but disclosed individual fund AUMs sum to approximately €17.3B across at least 15 named funds. As a wholly-owned subsidiary of the global Lazard Group, Lazard Frères Gestion benefits from the parent's international brand, cross-border distribution capabilities, and participation in global responsible investment frameworks including TNFD and the UN Global Compact.

Name

Lazard Frères Gestion

Legal name

Lazard Frères Gestion SAS

Website

https://lazardfreresgestion.fr

Company type

Private

Founded year

1848

Operating status

Operating

Headcount range

101–250 employees

Short description

Lazard Frères Gestion is the French asset management subsidiary of Lazard Group, providing UCITS fund management and private wealth management services to institutional investors, CGP distribution networks, and high-net-worth families across France, Belgium, and Luxembourg.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Asset management services
• Private wealth management
• UCITS fund management
• SRI ESG investing
• Institutional investment management

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Asset Management Fees: Lazard Frères Gestion generates revenue through management fees charged on its range of UCITS funds and other investment vehicles. The firm offers equity funds, fixed income funds, multi-asset funds, money market funds, convertible funds, and absolute return solutions, with total assets under management across the fund range. Management fees are typically calculated as a percentage of assets under management and vary by fund share class.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Lazard Frères Gestion provides professional asset management and private wealth management services through a range of UCITS funds covering equities, fixed income, multi-asset, money market, convertible, and absolute return strategies. The firm serves institutional investors, corporates, distribution networks (CGP), and high-net-worth private clients with integrated ESG analysis and multiple SFDR/ISR-labeled products. Discrete divisions include Asset Management for institutional clients and Gestion Privée for individuals and families.

Product overview

Lazard Frères Gestion is a French asset management company offering a unified platform of investment services comprising asset management for institutional clients and distribution networks, and private wealth management for individuals and families. The product portfolio includes a comprehensive range of UCITS funds spanning equity, fixed income, multi-asset, money market, convertible, and absolute return strategies. The fund range features multiple ESG-focused products including SFDR Article 8 and Article 9 funds with ISR (Socially Responsible Investment) labels such as LAZARD EQUITY SRI, LAZARD CREDIT FI SRI, LAZARD CAPITAL FI SRI, LAZARD PATRIMOINE SRI, LAZARD PATRIMOINE OPPORTUNITIES SRI, LAZARD HUMAN CAPITAL, LAZARD GREEN CAPITAL, and LAZARD GLOBAL GREEN BOND OPPORTUNITIES. The company also offers thematic funds (LAZARD ALPHA EURO), credit opportunities strategies (LAZARD CREDIT OPPORTUNITIES), money market products (LAZARD EURO MONEY MARKET), and convertible bond strategies (LAZARD CONVERTIBLE GLOBAL), all managed with integrated ESG analysis across equity, fixed income, and multi-asset classes.

Differentiator

Problem solved

Functional benefit

Brands

• Lazard Equity SRI: SRI-labeled equity fund with €1,007M AUM focusing on European equities with ESG integration.
• Lazard Credit Fi SRI
• Lazard Green Capital
• Lazard Human Capital

Products and services

• Asset Management Services Investment management services for institutional clients, corporates, distribution networks, and wealth management advisors (CGP), covering equities, fixed income, multi-asset, money market, and absolute return strategies.
• Private Wealth Management (Gestion Privée) Wealth management services for individual clients and families, including investment mandates, estate planning, and private equity offerings.
• LAZARD EQUITY SRI SFDR Article 8 equity fund with ISR label, investing in equities with integrated ESG analysis (€1,007M AUM).
• LAZARD CREDIT FI SRI SFDR Article 8 fixed income fund with ISR label investing in corporate credit (€3,190M AUM).
• LAZARD CAPITAL FI SRI SFDR Article 8 fixed income fund with ISR label (€2,811M AUM).
• LAZARD PATRIMOINE SRI SFDR Article 8 multi-asset fund with ISR label (€462M AUM).
• LAZARD PATRIMOINE OPPORTUNITIES SRI SFDR Article 8 multi-asset fund with ISR label (€486M AUM).
• LAZARD HUMAN CAPITAL SFDR Article 9 equity fund with ISR label, focused on the human capital theme (€78M AUM).
• LAZARD GREEN CAPITAL SFDR Article 9 equity fund with ISR label focused on sustainable investments with green bond opportunities (€34M AUM).
• LAZARD GLOBAL GREEN BOND OPPORTUNITIES SFDR Article 9 absolute return fixed income fund with ISR label (€81M AUM).
• LAZARD CREDIT OPPORTUNITIES SFDR Article 8 absolute return fund (€1,517M AUM).
• LAZARD EURO MONEY MARKET SFDR Article 8 money market fund (€1,524M AUM).
• LAZARD ALPHA EURO SFDR Article 8 equity fund (€192M AUM).
• LAZARD CONVERTIBLE GLOBAL SFDR Article 8 convertible bond fund (€1,952M AUM).

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered moderate and minor.

• AFG (Association Française de la Gestion Financière)moderateStrategic or Co-development PartnerAFG represents the French asset management industry. Lazard Frères Gestion participates in AFG initiatives and adheres to AFG standards for SRI transparency codes and industry best practices.
• AFGmoderateStrategic or Co-development PartnerLazard Frères Gestion is a member of AFG (Association Française de la Gestion Financière) and participates in SRI transparency code initiatives.
• FinansolminorStrategic or Co-development PartnerPartnership related to solidarity-based finance initiatives in France.
• C袖EminorStrategic or Co-development PartnerFrench sustainable finance observatory organization.
• TNFD (Taskforce on Nature-related Financial Disclosures)moderateStrategic or Co-development PartnerLazard Frères Gestion is a participant in TNFD initiatives for nature-related financial disclosures and biodiversity reporting frameworks.
• UN Global CompactmoderateStrategic or Co-development PartnerLazard Frères Gestion excludes companies that violate the United Nations Global Compact principles from its investments.

Scale indicators20 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Natixis Investment Managers: French asset management multi-affiliate model with strong UCITS offerings, distribution through CGP networks, and growing ESG capabilities. Direct competitor for institutional and private wealth clients in France.
• AXA Investment Managers: Large French-headquartered asset manager with diversified equity, fixed income, and multi-asset strategies, including significant SRI offerings. Direct competitor across institutional and distribution channels in the French market.
• Amundi: Europe's largest asset manager headquartered in France, offering a comprehensive range of UCITS funds across asset classes with significant SRI/ESG product lines. Direct competitor for institutional mandates, CGP distribution, and private wealth clients in France.
• BNP Paribas Asset Management: Major French institutional asset manager with extensive UCITS fund range, strong ESG/SRI capabilities, and broad CGP distribution. Competes directly with Lazard Frères Gestion across institutional, distribution, and private wealth segments in France.

Direct peers

• Edmond de Rothschild Asset Management: Swiss-headquartered but with strong French presence, offering active UCITS funds and private wealth services. Competes directly in the French institutional, CGP, and HNW segments with a similar boutique-private bank heritage model.
• Rothschild & Co Asset Management: Private wealth and asset management arm of the Rothschild group, offering active management, multi-asset strategies, and tailored private wealth solutions. Comparable in its combination of active asset management and private wealth services for HNW families.
• La Financière de l'Échiquier: French active asset management specialist focused on equities and multi-asset strategies with strong SRI/ESG credentials. Comparable size and business model, with similar distribution through CGP networks and institutional channels.
• Lazard Asset Management (Global): Direct sister entity under Lazard Group, providing global asset management services with similar active equity, fixed income, and multi-asset strategies. Closely comparable product set and ESG integration philosophy, though operating in different geographies.
• ODDO BHF Asset Management: Mid-sized Franco-German asset manager offering active equity, fixed income, and multi-asset strategies with a strong CGP distribution network in France. Closely comparable in size, business model, and target client segments.

Emerging players

• Sycomore Asset Management: Paris-based independent asset manager recognized for SRI/ESG specialization with ISR-labeled equity funds. Comparable product overlap in SRI equities and growing fixed income offerings, though smaller in scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/lazardgestion
• LinkedInlinkedin.com/company/lazard-freres-gestion

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lazard Frères Gestion