Lazard Hires Christopher Mulshine as a Managing Director in Private Capital Advisory

Lazard Ltd (NYSE:LAZ) announced today that Christopher Mulshine has joined the firm as a Managing Director in Private Capital Advisory, effective immediately. He is based in New York.

“Chris brings more than 15 years of experience as a trusted advisor to institutional investors and fund managers,” said William Riddle, Managing Director and head of Lazard’s Private Capital Advisory Group. “His insight and relationships will further bolster our expertise in credit and debt strategies as we increase our capabilities in this area to meet client demand.”

Mr. Mulshine joins from Credit Suisse Securities, where was Head of Capital Services in the Americas. From 2005 - 2008 he was Deputy Head of Capital Introductions in the Americas with UBS Securities. Earlier in his career he served in investment management positions at Forester Capital, Goldman Sachs and Morgan Stanley.

About Lazard Private Capital Advisory

Lazard's Private Capital Advisory group manages the raising of capital for private equity and real estate firms and enhances relationships with financial sponsors and institutional investors globally. The group, which acts as advisor and placement agent, focuses on advice and execution for buyout, mezzanine, venture, distressed/turnaround and hedge funds. It has established a position as a highly regarded and sought-after agent to the private equity fund manager community. Additionally, it advises on the secondary transfer of limited partnership and direct investments, as well as on the sale or spin-out of management companies, and fund restructurings across asset classes, strategies, and geographies.

ABOUT LAZARD

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 42 cities across 27 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com.

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