Lazard Chief Executive Officer Peter Orszag's Market Outlooks Highlighted by Bloomberg and Reuters
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This week, Lazard Chief Executive Officer Peter Orszag was featured across media sharing his perspective on the deal making environment as investment banking activity increases and President-elect Donald Trump ushers in new economic policy priorities.
On December 11, he participated in a fireside chat at the 2024 Reuters NEXT leadership summit alongside Reuters finance editor, Lananh Nguyen. The summit gathered global policymakers, business leaders, and forward thinkers to discuss the leading issues of today.
Regarding market activity, Peter stated "[the] M&A market looks very constructive, at least here in the U.S. And for the economy as a whole. The mega story is the economy has held up very well. When there were predictions that it would require massive unemployment to bring inflation down, inflation has come down not quite to the level of the Fed's target, but a lot, with basically almost no increase in the unemployment rate. I think that's mostly because we had misdiagnosed what caused inflation. And therefore, the predictions that it would be very painful to wring most of the inflation out of the economy, were wrong." Click here to view the subsequent editorial on his conversation with Lananh.
Following the summit, Peter appeared on Bloomberg's Open Interest on December 12 to offer insights on the markets and economy, state of M&A and the regulatory environment as the United States embarks on a new presidential administration. He also highlighted Lazard's role as Lead Placement Agent and Co-Financial Advisor to Dropbox in its secured term loan, as well as the firm's Capital Solutions team.
Watch Peter's segment here .
About Lazard
Founded in 1848, Lazard is the preeminent financial advisory, private capital advisory, and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters. Lazard also advises private markets sponsors and investors on primary fundraising, secondary transactions, and GP capital solutions, and provides asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.
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