The Rohatyn Group to acquire AEM business of Lazard Asset Management.

The Rohatyn Group, an emerging markets-focused asset management firm, agreed to acquire AEM business of Lazard Asset Management, which offers investment advisory services. Financial terms were not disclosed. “We believe that each investor’s individual objectives and constraints demand a range of options to access the rich set of growth and alpha opportunities present in emerging markets. TRG has thus purposefully sought out thoughtful, non-traditional approaches to complement, or even replace, core allocations. Our new AEM team’s investment strategy offers a unique alternative to a conventional, benchmarked equity investment program that we find highly attractive,” Nicolas Rohatyn, The Rohatyn Group Chief Executive Officer.