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This Week in People & Culture News: 10 Stories You Need to See

Retrieved on:

Friday, May 5, 2023

NEW YORK, May 5, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering different cultural groups stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points:

For the fourth year in a row, SKITTLES Pride packs will "give up its rainbow" to support the LGBTQ+ Community and GLAAD's changemaking work.
In fact, Black patients are three times more likely than their white counterparts to die from a pregnancy-related complication, according to the Centers for Disease Control and Prevention.
The results from the study inform TAAF's own programming including supporting initiatives that counter bias and build belonging among AAPIs.
Between the individuals, there will be similarities, but for some, staying mentally healthy and balanced plays a significant role in their personal journey of vision loss.

Alice L. Walton Foundation, Ford Foundation, Mellon Foundation, and Pilot House Philanthropy Announce Investments for More Diverse Leadership in Art Museums

Retrieved on:

Wednesday, May 3, 2023

NEW YORK, May 3, 2023 /PRNewswire/ -- Today, four national funding partners, Alice L. Walton Foundation, Ford Foundation, Mellon Foundation, and Pilot House Philanthropy announced the Leadership in Art Museums (LAM) initiative. Over the next five years, the LAM funders will commit over $11M in funding to museums to increase racial equity in leadership roles such as curators, conservators, collections managers, community engagement staff, educators and other senior leaders in a manner designed to advance racial equity.

Key Points:

NEW YORK, May 3, 2023 /PRNewswire/ -- Today, four national funding partners, Alice L. Walton Foundation, Ford Foundation, Mellon Foundation, and Pilot House Philanthropy announced the Leadership in Art Museums (LAM) initiative.
Museum leaders—from curators to board members—play a key role in determining the art on display in these cultural institutions.
"Leadership in Arts Museum's vision is to grow and invest in diverse leadership at U.S. art museums to ensure their excellence and relevance in the future."
As a shared goal, they are fully committed to developing and nurturing museums' leadership roles that will demonstrate and create a more inclusive art world.

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in March

Retrieved on:

Monday, April 24, 2023

Asset Management, Professional Services, Finance, Lazard, Calendar, NAV, Government, Investment, Form, Policy, Fund, American depositary receipt, LAM, NYSE, Cryptocurrency, Airline, Life insurance, Security (finance)

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.

Key Points:

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.
A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.
A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes.

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in February

Retrieved on:

Wednesday, March 22, 2023

Banking, Asset Management, Professional Services, Finance, Lazard, Calendar, NAV, Government, Investment, Form, Policy, Fund, American depositary receipt, LAM, NYSE, Rare-earth element, Cryptocurrency, Life insurance, Security (finance)

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.

Key Points:

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.
A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.
A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes.

Lazard Asset Management Acquires Truvvo Partners, Creating Lazard Family Office Partners

Retrieved on:

Wednesday, March 1, 2023

Finance, Banking, Accounting, Professional Services, Asset Management, Risk management, Acquisition, Lazard, AUM, Assets under management, LAM, Financial services

Lazard Asset Management (LAM) today announced that it has acquired Truvvo Partners (“Truvvo”), a U.S.-based firm with $3.8 billion of Assets Under Management (AUM), dedicated to providing strategic advice, wealth planning, and investment management to families.

Key Points:

Lazard Asset Management (LAM) today announced that it has acquired Truvvo Partners (“Truvvo”), a U.S.-based firm with $3.8 billion of Assets Under Management (AUM), dedicated to providing strategic advice, wealth planning, and investment management to families.
Truvvo and LAM have formed Lazard Family Office Partners, which combined will manage approximately $8 billion in assets, including LAM’s existing U.S. private client business, and provide advice and investment solutions across public and private markets.
Lazard Family Office Partners will integrate investment management, risk management, and family office services into one offering to help meet the evolving needs of our clients.
Lazard Family Office Partners will provide solutions beyond investment management, including advice across wealth transfer, tax planning and philanthropy, as well as operational solutions, cash flow, and liquidity planning.

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in January

Retrieved on:

Wednesday, February 22, 2023

Banking, Asset Management, Professional Services, Finance, Form, NYSE, Policy, Investment, Lazard, Fund, Government, LAM, Calendar, NAV, American depositary receipt, Cryptocurrency, Life insurance, Security (finance)

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.

Key Points:

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.
A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.
A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes.

Lazard Asset Management Appoints Larry Cohen as Global Head of Technology & Operations

Retrieved on:

Wednesday, February 22, 2023

Finance, Consulting, Banking, Professional Services, Asset Management, AllianceBernstein, Morgan Stanley, Growth, LAM, Partner, Goldman Sachs, Lazard, UBS

Lazard Asset Management (LAM) today announced that Larry Cohen has been appointed as Managing Director and Global Head of Technology & Operations, effective immediately.

Key Points:

Lazard Asset Management (LAM) today announced that Larry Cohen has been appointed as Managing Director and Global Head of Technology & Operations, effective immediately.
“Larry brings a wealth of experience in the asset management industry as well as in technology and operational infrastructure,” said Evan Russo, Chief Executive Officer of Lazard Asset Management.
“He will work with our teams globally to improve and refine our global technology, systems and operational infrastructure, which will help support the next stage of growth and expansion within the asset management business.”
Mr. Cohen joined the firm last August as a Strategic Advisor.
He has deep experience across operations, technology, portfolio implementation, and operational risk from a variety of roles within the asset management and financial services industry, including positions at Goldman Sachs, Morgan Stanley, UBS and, most recently, at AllianceBernstein where he was a Partner and Global Head of Operations and Technology.

Jennifer Ryan Joins Lazard Asset Management as Head of North American Distribution

Retrieved on:

Wednesday, January 25, 2023

Asset Management, Professional Services, Finance, Goldman Sachs, MBA, BlackRock, Endowment, Lazard, Columbia Business School, LAM, Cryptocurrency, Boston College

Lazard Asset Management (LAM) today announced that Jennifer Ryan has joined the firm as Managing Director and Head of North American Distribution, effective immediately.

Key Points:

Lazard Asset Management (LAM) today announced that Jennifer Ryan has joined the firm as Managing Director and Head of North American Distribution, effective immediately.
Based in New York, Ms. Ryan joins from BlackRock where she held leadership roles in both its U.S. and U.K. Institutional Client Businesses.
“Jen brings to Lazard over 25 years of experience in the asset management industry.
Previously, she spent 19 years at Goldman Sachs Asset Management in several key client-facing roles, including Head of U.S.

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in December

Retrieved on:

Monday, January 23, 2023

Asset Management, Professional Services, Finance, Lazard, Government, Investment, NYSE, American depositary receipt, Form, Fund, NAV, Calendar, Policy, LAM, Cryptocurrency, Life insurance, Security (finance)

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.

Key Points:

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.
A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.
A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes.

Lazard Global Total Return and Income Fund Announces Monthly Distribution Amount

Retrieved on:

Tuesday, January 3, 2023

Banking, Professional Services, Finance, Government, Mutual fund, Lazard, LGI, LAZ, American depositary receipt, NYSE, LAM, Policy, Investment, Fund, Security (finance)

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.09339, equivalent to 7% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2022 on the Fund's outstanding common stock.

Key Points:

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.09339, equivalent to 7% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2022 on the Fund's outstanding common stock.
The distribution is payable on January 23, 2023, to shareholders of record on January 10, 2023.
The Fund's investment objective is total return, consisting of capital appreciation and current income.
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), Lazard Asset Management ("LAM"), the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide.