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Lazard Middle Market Hires Ed King as Managing Director to Head Education Advisory Group - Lazard Middle Market, a subsidiary of Lazard Ltd (NYSE: LAZ), announced that it has hired Ed King as a Managing Director and head of its Education and Training Advisory Group
Lazard Middle Market Hires Ed King as Managing Director to Head Education Advisory Group

 

PRZOOM - /newswire/ - Chicago, IL, United States, 2011/07/01 - Lazard Middle Market, a subsidiary of Lazard Ltd (NYSE: LAZ), announced that it has hired Ed King as a Managing Director and head of its Education and Training Advisory Group. NYSE: LAZ

   
 
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Based in Chicago, Mr. King joins Lazard Middle Market from BMO Capital Markets where he was a Managing Director, Mergers & Acquisitions in the Education and Business Services sector.

“Technological advances and globalization are changing what employers expect from their workforce, and are driving individuals to increase their skill set and level of education. We therefore expect the for-profit education and training sectors to continue to experience strong growth in the coming years,” said Lazard Middle Market’s co-CEO David Solomon.

“Ed has established a national reputation in the education sector. He has deep relationships both within the industry and with financial sponsors. We are excited to have him lead our education and training advisory team,” said Michael McFadden, co-CEO of Lazard Middle Market. “Not only does Ed have extensive mergers and acquisitions expertise, but his capital markets experience gives him the ability to offer clients a broad range of solutions.”

Mr. King has more than 18 years experience developing and executing M&A transactions, public equity offerings and private placements. While at BMO Capital Markets, he was responsible for building its M&A franchise in Education and overseeing the transaction execution in the sector. Prior to that, Mr. King was at William Blair & Company in its Software and Information Services group and he was a Managing Director at ABN AMRO where he built and managed the firm’s Business & Information Services practice.

About Lazard Middle Market
Lazard Middle Market, LLC (lazardmm.com), a subsidiary of Lazard Ltd (NYSE:LAZ), provides strategic advice on M&A, restructuring, and public and private capital raising to the middle market. Our senior professionals focus exclusively on mid-cap companies, bringing to bear all the industry expertise, senior board-level relationships and local perspectives of Lazard’s bankers worldwide.

About Lazard
Lazard (lazard.com), 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 back 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.

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements.” In some cases, you can identify these statements by forward-looking words such as “may”,“might”,“will”,“should”,“expect”,“plan”,“anticipate”,“believe”,“estimate”,“predict”,“potential” or “continue”, and the negative of these terms and other comparable terminology. These forward-looking statements are not historical facts but instead represent only our belief regarding future results, many of which, by their nature, are inherently uncertain and outside of our control. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements.

These factors include, but are not limited to, those discussed in our Annual Report on Form 10-K under Item 1A “Risk Factors,” and also disclosed from time to time in reports on Forms 10-Q and 8-K including the following:

• A decline in general economic conditions or the global financial markets;
• Losses caused by financial or other problems experienced by third parties;
• Losses due to unidentified or unanticipated risks;
• A lack of liquidity, i.e., ready access to funds, for use in our businesses; and
• Competitive pressure.

Lazard Ltd is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, Lazard and its operating companies use their websites to convey information about their businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates of assets under management in various hedge funds and mutual funds and other investment products managed by Lazard Asset Management LLC and its subsidiaries. Monthly updates of these funds will be posted to the Lazard Asset Management website (lazardnet.com) on the third business day following the end of each month. Investors can link to Lazard and its operating company websites.

Media Contact
Bob Burns
P: +1 612-371-6551 / E: Robert.Burns[.]lazardmm.com.

 
 
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Lazard Middle Market Hires Ed King as Managing Director to Head Education Advisory Group

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Contact: Judi Mackey - Lazard.com 
212-632-1428 judi.mackey[.]lazard.com
 
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