Lazard Asset Management has opened a new Lazard
Opportunities Fund following the recent closure of Matrix Asset
Management's UCITS fund platform - creating a new onshore
European investment vehicle for US-based manager Sean Reynolds'
successful capital structure and convertible arbitrage
The newly-launched Lazard Opportunities Fund - which was
launched this week - is a sub-fund of Lazard Global Investment
Funds plc, the group's Irish-registered open-ended investment
company and UCITS fund platform.
Mike Wariebi, head of alternative investments, marketing and
business development in Europe and the Middle East at Lazard
Asset Management, commented: "The transition from Matrix to the
Lazard UCITS platform has been seamless and we welcome existing
and future investors."
He added: "We anticipate significant demand for the fund, as