Lazard launching new l/s TMT strategy

Lazard Asset Management, which manages approximately $3.1 billion on its alternative investment platform, has hired two long/short equity managers in a bid to build out its absolute return platform.

Co-Portfolio Managers Thomas Wang and Charles Murias are joining Lazard from HM Global Management, where they have a proven track record of investing in the technology, media and telecommunications industries.

“We are pleased to welcome Thomas and Charles to Lazard,” said Loren Katzovitz, managing director, who leads the expansion of LAM’s alternative investment platform. “We believe their industry expertise and proven investment . . .

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