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Lazard Asset Management

New York–based hedge fund firm Lazard Asset Management was seemingly about to take off in 2003. That year the firm reached its highest ever spot on Alpha’s Hedge Fund 100 ranking at No. 39, managed $3.8 billion and was propelled by all-star investor William von Mueffling, who had produced an annualized return of 58 percent from August 1998 to December 2002 in the Lazard European Opportunities fund. But von Mueffling felt his compensation didn’t fairly reflect the high returns he helped generate, and with Lazard unable to meet his demands, the star investor left and founded his own New York–based Cantillon Capital Management. Lazard then began to tumble, as many managers and client-investors followed von Mueffling to his long-short hedge fund firm. Firmwide assets at Lazard plummeted by nearly $3 billion, to $900 million…

Back to Hedge Fund 100 Firm Profile Ranking 82. Lazard Asset Management / $7.93 billion Location: New York, NY Founded: 1970 2016 Hedge Fund 100 Rank: No. 89 2016 Capital: $7.33 billion 2015 Hedge Fund 100 Rank: No. 96 2015 Capital: $7.21 billion Years on List: 7 Address: 30 Rockefeller Plaza, 55th floorNew York, NY 10112 Phone: 212-632-6000 Fax: 212-332-1703 Other Offices: San Francisco, Paris, London,

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