Lazard Asset Management Expands Quantitative Equity Platform with Addition of U.S. Systematic Team
June 18 2019 - 6:46AM
Business Wire
Lazard Asset Management LLC (LAM), today announced the expansion
of its quantitative equity platform with the addition of a San
Francisco-based investment team.
The new Lazard U.S. Systematic Equity team comprised of Oren
Shiran, Philip Summe, Stefan Tang, and Seavan Sternheim, focuses on
capturing fundamental insights within a quantitative framework. The
systematic investment process employed by the team utilizes a
multi-model approach to consistently identify and capture
compelling inefficiencies. Currently, the team invests in companies
listed in the U.S. with a market capitalization below $10 billion
and manages long-only and long/short portfolios.
The team joins LAM from Baylight Capital, which they founded in
2013. Each team member brings with them diverse knowledge and
experience across disciplines, including financial markets,
mathematics, and computer science.
“We are pleased to welcome Oren, Philip, Stefan and Seavan to
LAM. Their differentiated approach and unique perspectives will
enhance our global investment platform and add value for our
clients,” said Nathan Paul, Chief Business Officer of LAM. “The
team will bolster our quantitative equity, US equity and
alternative investment capabilities, providing our clients with
additional investment solutions to meet their evolving needs.”
About Lazard Asset Management (LAM) LLC
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the
Fund’s investment manager, offers a range of equity, fixed-income,
and alternative investment products worldwide. As of May 31, 2019,
LAM and affiliated asset management companies in the Lazard Group
managed $228.7 billion worth of client assets. For more information
about LAM, please go to www.LazardAssetManagement.com. Follow LAM
at @LazardAsset.
LAZ-AM
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version on businesswire.com: https://www.businesswire.com/news/home/20190618005164/en/
For media inquiries:Hillary Yaffe, Lazard Asset
Management+1 212 632 6528hillary.yaffe@lazard.com
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