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 strategy.
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
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