Business
Lazard and Arini Enter Cooperation and Sourcing Agreement for EMEA Private Credit
LONDON & PARIS, March 25, 2025--Lazard, Inc. (NYSE: LAZ), a global financial advisory and asset management firm, and Arini Capital Management ("Arini"), a leading alternative credit manager, today announced an alliance focused on direct lending solutions for borrowers across EMEA.
About this update from Lazard, Inc.
[{"type":"text","content":"LONDON & PARIS, March 25, 2025--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), a global financial advisory and asset management firm, and Arini Capital Management ("Arini"), a leading alternative credit manager, today announced an alliance focused on direct lending solutions for borrowers across EMEA.","length":308,"tagName":"p"},{"type":"text","content":"The alliance further expands Lazard’s leading debt advisory and capital solutions services across EMEA and will provide Lazard’s corporate and sponsor advisory clients access to a potential new source of flexible financing solutions. Lazard Asset Management also will have the ability to introduce its clients to this unique private credit strategy.","length":349,"tagName":"p"},{"type":"text","content":"The alliance will provide Arini access to Lazard’s origination activities for mid-cap borrowers across the EMEA region, subject to Lazard duties and client consent conditions, and is a key component of the launch of Arini’s European Direct Lending strategy. Arini Direct Lending will be focused on providing direct lending solutions across the European middle market and builds on the firm’s strong track record across European credit markets. Arini’s Europe-focused direct lending fund is expected to be anchored by British Columbia Investment Management Corporation (BCI) and additional institutional investors.","length":613,"tagName":"p"},{"type":"text","content":""Lazard is recognized for our trusted insights to support clients across Advisory and Asset Management in their most strategic initiatives and financial decisions," said Peter R. Orszag, Lazard’s CEO and Chairman. "This relationship with Arini embodies our commitment to provide clients with relevant, differentiated solutions and is in support of the firm’s long-term objectives as outlined in Lazard 2030."","length":428,"tagName":"p"},{"type":"text","content":""Arini has deep roots across European and global credit markets where we have been seeing significant convergence between public and private credit," commented Hamza Lemssouguer, Founder & CIO of Arini. "We are excited to partner with Lazard’s sector, country, and product bankers across Europe to provide access to financing opportunities, with the goal of generating strong risk-adjusted returns for our investors."","leng...