Lazard Global Equity Franchise Reports $178 Million Sold to Nine Investors Since 2025
The filing names Lazard Asset Management LLC as the managing member and investment manager, and lists Lazard Asset Management Securities LLC for sales compensation.
Lazard Global Equity Franchise LLC has sold $177.7 million of interests to nine investors since its first sale on April 30, 2025, according to a Form D filed with the US Securities and Exchange Commission.
The filing, dated Nov. 9, reports $177,663,118 of interests sold. The total is cumulative since the first sale.
The Form D names Lazard Asset Management LLC as a related person, describing it as the "Managing Member and Investment Manager of the Issuer." Sales compensation is listed for Lazard Asset Management Securities LLC.
Lazard Global Equity Franchise was formed in Delaware in 2024, and the filing classifies it as a hedge fund. The fund relies on Section 3(c)(7) of the Investment Company Act, which limits a fund to qualified purchasers.