Lazard’s AUM Climbs to $277.7B with $4.2B Net Inflows and $8.9B Gains
Lazard’s AUM rose to $277.7 billion as of February 28, 2026, up from $266.95 billion at January-end. Net inflows of $4.2 billion and market appreciation of $8.9 billion were offset by $0.8 billion of FX depreciation and a $1.5 billion reduction from the sale of its Edgewater stake.
1. Monthly AUM Summary
Lazard reported preliminary assets under management of $277.7 billion as of February 28, 2026, up from $266.95 billion at January 31, 2026, reflecting a $10.75 billion increase in the month.
2. Drivers of AUM Change
AUM growth was driven by $8.9 billion of market appreciation and $4.2 billion of net client inflows, partially offset by $0.8 billion of currency depreciation and a $1.5 billion decrease from the sale of its Edgewater Funds stake.
3. Asset Class Breakdown
Equity AUM rose to $207.09 billion from $195.78 billion, fixed income increased to $36.47 billion from $35.76 billion, multi-asset reached $25.46 billion versus $25.27 billion, while alternatives declined to $8.72 billion from $10.15 billion.