Lazard reported preliminary average assets under management of $279.1 billion for the second quarter of 2026, up from $265.5 billion in the first quarter. As of June 30, 2026, preliminary AUM stood at $284.7 billion, down marginally from $284.8 billion at the end of May. The month's AUM included market appreciation of $2.3 billion, foreign exchange depreciation of $3.3 billion, and a net increase of $0.8 billion, which comprised a $1 billion increase from acquiring a controlling interest in Elaia Partners and net outflows of $0.2 billion. Equity AUM totaled $214.36 billion, fixed income AUM amounted to $34.97 billion, multi-asset AUM came to $24.48 billion, and alternatives AUM was $10.82 billion. Positive net flows for the first half of 2026 reached $7.4 billion.
Lazard LtdLazard reported higher average AUM for Q2, indicating growth in fee-earning assets.
Lazard acquired a controlling interest in Elaia Partners, contributing to AUM growth.