Here's your summary from Lazard hunts for private-credit acquisition to boost asset management #markets #finance #shorts (https://www.youtube.com/watch?v=RJSpg2s2CzI) on the Bloomberg Television channel:

**TLDR:** Lazard is focusing on acquiring private credit assets to expand their presence in the asset management space.

1. Lazard plans to protect and expand their position in public markets through additional hiring, while focusing on acquiring assets in private credit, infrastructure, and real estate.

2. The company is cautious about valuations compared to private equity and emphasizes the importance of cultural fit in acquisitions.

3. Lazard has a new head of corporate development and is actively evaluating various acquisition options.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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