Lazard Buys Edgewater Funds

Lazard Ltd. (NYSE: LAZ) has acquired The Edgewater Funds, a Chicago-based private equity firm focused on the middle markets. No financial terms were disclosed. Edgewater Funds was in the midst of raising $750 million for a new growth capital fund, and has over $1 billion in capital under management.

16 July 2009•4 mins read
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