Lazard and New Visions for Public Schools Launch Lazard New Visions Academy
May 24 2021 - 12:36PM
Business Wire
Lazard Ltd (NYSE: LAZ) and New Visions for Public Schools
announced today the launch of the Lazard New Visions Academy, a
signature initiative funded by the Lazard Foundation that provides
New York City public high school students access to post-secondary
readiness opportunities and social capital through a five-week
summer institute and ongoing career development support.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210524005673/en/
In partnership with New Visions for Public Schools, the two-year
pilot of the Academy (2021-2022) will serve 600 rising 11th and
12th graders, who are enrolled in public high schools that are part
of the New Visions network. The program’s objective is to offer the
participating students exposure to the financial services sector
through Lazard and its employees and to develop career-readiness
skills that will support their future success in a broad range of
careers.
“Historically, high schools have focused on preparing students
primarily for graduation and college. We believe it is just as
critical to provide high school students chances to explore their
career interests,” said Mark Dunetz, President of New Visions. “The
Lazard New Visions Academy introduces New York City high school
students to the world of careers in finance, one of our City's key
industries but one which is currently inaccessible to most public
high school students.”
“The Lazard New Visions Academy reflects Lazard’s commitment to
creating opportunities and building social capital for students
from under-resourced communities,” said Kenneth Jacobs, Chairman
and Chief Executive Officer of Lazard. “The Academy’s model is a
replicable and scalable model for private sector partnerships with
public schools, and we hope it will inspire other companies to
launch similar programs.”
About Lazard
Lazard, one of the world's preeminent financial advisory and
asset management firms, operates from more than 40 cities across 25
countries in North America, Europe, Asia, Australia, Central and
South America. With origins dating to 1848, the firm provides
advice on mergers and acquisitions, strategic matters,
restructuring and capital structure, capital raising and corporate
finance, as well as asset management services to corporations,
partnerships, institutions, governments and individuals. For more
information on Lazard, please visit www.lazard.com. Follow Lazard
at @Lazard.
About the Lazard Foundation
The Lazard Foundation partners with nonprofit organizations in
the U.S. that support education for children, adolescents and young
adults. Established in 2018, the Foundation provides both financial
and volunteer support to our nonprofit partners as well as employee
engagement, team building, and leadership opportunities for our
people in serving our education partners.
About New Visions for Public Schools
For more than 30 years, New Visions has been at the heart of
groundbreaking, real improvement in New York City public schools.
We have opened more than 130 new schools, launched a
nationally-recognized teacher residency program, and developed
student planning tools and high school curriculum in use across New
York city. Our impact shows in improving outcomes for students: the
high school graduation rate, less than 50 percent citywide when we
were founded, now exceeds 85 percent in our partner networks.
Today, we support more than 1050 schools serving 600,000 students,
helping them tackle their toughest challenges and realizing a
shared vision of a high-quality public education for all New
Yorkers.
LAZ-CPE
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version on businesswire.com: https://www.businesswire.com/news/home/20210524005673/en/
Media contacts: Judi Frost Mackey, +1 212 632 1428
judi.mackey@lazard.com
Clare Pickett, +1 212 632 6963 clare.pickett@lazard.com
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