At a glance
- The $177.7 million fund is classified as a pooled investment fund and a hedge fund and has an indefinite total offering amount.
- For selectors, the $1 million minimum puts the vehicle in institutional-mandate territory rather than a retail feeder.
- Subscription mechanics and capacity questions go through Lazard Asset Management Securities, the named placement agent.
Lazard Global Equity Franchise LLC has sold $177.7 million of interests since its first sale on April 30, 2025, according to a Form D filed with the SEC on Nov. 9.
The $177.7 million fund is classified as a pooled investment fund and a hedge fund and has an indefinite total offering amount.
The minimum investment is $1 million, and Lazard Asset Management Securities LLC is named as placement agent.
For selectors, the $1 million minimum puts the vehicle in institutional-mandate territory rather than a retail feeder. Subscription mechanics and capacity questions go through Lazard Asset Management Securities, the named placement agent.
Reported by the Hedge Funds & Liquid Alts desk from SEC EDGAR. Published . Corrections