Lazard expands quantitative equity platform with new U.S. team
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NEW YORK, June 18, 2019 – 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
Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, 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, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.
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