Lazard, Inc. (NYSE:LAZ) acquired 25% stake in Elaia Partners on April 18, 2024. As part of this acquisition, Lazard has acquired a minority stake in Elaia Partners. The agreement provides the option for Lazard to purchase up to 100% ownership over time with subject to regulatory approval.

Lazard, Inc. (NYSE:LAZ) acquired 25% stake in Elaia Partners on April 18, 2024.