DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Lazard Alternatives, LLC

Former SEC-registered adviserNew York, New YorkCRD 112741SEC 801-60306IAPD
Latest filing Mar 23, 2016
First filing on the tape Mar 16, 2012 · 10 filings
RAUM
$577M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
2
$568M gross assets
History
10 filings and snapshots on the tape
RAUM$577M as of Mar 23, 2016
Mar 16, 2012$730M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 23, 2016
Mar 21, 20130 then
Employees (5.A)8 as of Mar 23, 2016
Mar 21, 20138 then
Private funds2 as of Mar 23, 2016
Mar 16, 20123 then
RAUM -22% over the last fiscal year-4.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 23, 2016; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$192MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-22%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Lazard Diversified Strategies Fund, Plcno longer reportedHedge Fund$104M4Mar 16, 2012
      Lazard Diversified Strategies Fund, Ltd.no longer reportedHedge Fund$23.7M32Mar 16, 2012
      Lazard Directional Strategies Fund, Ltd.no longer reportedHedge Fund$349,1231Apr 22, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Lynn Christopher Boyatt · Directorcontrol
        since 03/2001 · owns less than 5%
      • Christian Frei · Directorcontrol
        since 03/2001 · owns less than 5%
      • Abraham Nathan Paul · General Counselcontrol
        since 10/2002 · owns less than 5%
      • Richard Mark Anderson · Chief Compliance Officer
        since 09/2014 · owns less than 5%
      Entity owners
      • Lazard Asset Management LLC · Member
        direct · owns 75% or more
      • Lazard Freres & Co. LLC · Member
        indirect · owns 75% or more of Lazard Asset Management LLC
      • Lazard Group LLC · Sole Member
        indirect · owns 75% or more of Lazard Freres & Co LLC
      • Lazard Ltd · Shareholder
        indirect · owns 75% or more of Lltd Corp I And Lltd 1 S.A.R.L · public reporting company
      • Lltd 1 S.A.R.L. · Shareholder
        indirect · owns 75% or more of Lltd 2 S.A.R.L.
      • Lltd 2 S.A.R.L. · Managing Member
        indirect · owns 25% to 50% of Lazard Group LLC
      • Lltd Corp I · Shareholder
        indirect · owns 75% or more of Lltd Corp II
      • Lltd Corp II · Managing Member
        indirect · owns 50% to 75% of Lazard Group LLC
      Related persons
      Schedule D 7.A
      • Edgewater Services, LLC
        investment advisernRAUM $2.8B
      • Lazard Asset Management Canada Inc
        investment adviserbankpooled vehicle sponsornRAUM $2.3B
      • Lazard Asset Management (Deutschland) Gmbh
        investment adviserpooled vehicle sponsorn
      • Lazard Asset Management (Hong Kong) Limited
        investment advisery
      • Lazard Asset Management (Singapore) Pte. Ltd.
        investment advisery
      • Lazard Asset Management (Uk) Holdings Limited
        investment advisery
      • Lazard Asset Management Limited
        investment adviserpooled vehicle sponsorn
      • Lazard Asset Management LLC
        investment adviserbankpooled vehicle sponsoryRAUM $121B
      • Lazard Asset Management Pacific Co.
        investment adviserpooled vehicle sponsorn
      • Lazard Asset Management Schweiz Ag
        investment advisery
      • Lazard Asset Management Securities LLC
        broker-dealern
      • Lazard Freres & Co. LLC
        broker-dealery
      • Lazard Gulf Limited
        investment advisern
      • Lazard Japan Asset Management Kk
        investment adviserpooled vehicle sponsorn
      • Lazard Korea Asset Management Co., Ltd
        investment adviserpooled vehicle sponsorn
      • Lazard Middle Market LLC
        broker-dealern
      Advisers that list Lazard Alternatives, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 4 to 3
        Mar 30, 2015 to Mar 23, 2016
      • Assets in custody · 634001828.0 to unset
        Mar 30, 2015 to Mar 23, 2016
      • Custody of client assets · true to false
        Mar 30, 2015 to Mar 23, 2016
      • Discretionary RAUM · $721M to $577M
        Mar 30, 2015 to Mar 23, 2016
      • Non-discretionary RAUM · $18.3M to $0
        Mar 30, 2015 to Mar 23, 2016
      • RAUM · $739M to $577M
        Mar 30, 2015 to Mar 23, 2016
      • Accounts · 6 to 4
        Sep 10, 2014 to Mar 30, 2015
      • Advisory employees · 5 to 6
        Sep 10, 2014 to Mar 30, 2015
      • Assets in custody · $627M to $634M
        Sep 10, 2014 to Mar 30, 2015
      • Private funds · 3 to 2
        Sep 10, 2014 to Mar 30, 2015
      • Discretionary RAUM · $749M to $721M
        Sep 10, 2014 to Mar 30, 2015
      • Non-discretionary RAUM · $18.7M to $18.3M
        Sep 10, 2014 to Mar 30, 2015
      • RAUM · $767M to $739M
        Sep 10, 2014 to Mar 30, 2015
      • Assets in custody · $588M to $627M
        Sep 25, 2013 to Mar 25, 2014
      • Private funds · 4 to 3
        Sep 25, 2013 to Mar 25, 2014
      • Discretionary RAUM · $658M to $749M
        Sep 25, 2013 to Mar 25, 2014
      • Non-discretionary RAUM · $0 to $18.7M
        Sep 25, 2013 to Mar 25, 2014
      • RAUM · $658M to $767M
        Sep 25, 2013 to Mar 25, 2014
      • Private funds · 2 to 4
        Apr 3, 2013 to Apr 22, 2013
      • Advisory employees · unset to 5.0
        Mar 16, 2012 to Mar 21, 2013
      • BD registered reps · unset to 3.0
        Mar 16, 2012 to Mar 21, 2013
      • Assets in custody · $535M to $588M
        Mar 16, 2012 to Mar 21, 2013
      • Employees · unset to 8.0
        Mar 16, 2012 to Mar 21, 2013
      • State-registered IARs · unset to 0.0
        Mar 16, 2012 to Mar 21, 2013
      • Private funds · 3 to 2
        Mar 16, 2012 to Mar 21, 2013
      • Discretionary RAUM · $730M to $658M
        Mar 16, 2012 to Mar 21, 2013
      • RAUM · $730M to $658M
        Mar 16, 2012 to Mar 21, 2013
      • Related bank · false to true
        Mar 16, 2012 to Mar 21, 2013
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026