PRINT THIS PAGE Lazard to raise E500m European buy-out fund and hires Doughty's Russo16/07/2004. Source: AltAssets. 
 Lazard has launched a E500m European mid-market buy-out fund. The fund will target European businesses valued at between E50m and E250m.
'We are convinced that given the combined experience of the partners in this business, it will be very successful for the firm,' said Charles Ward, president of Lazard.
The firm has also announced the recruitment of Michele Russo as a partner. Russo joins the firm from Doughty Hanson, where he set up the group's Italian office.
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