Lazard Expands Global Technology Effort with Opening of Boston Office

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that it is entering the Boston market, as part of its global technology and North American Financial Advisory expansion. The firm has hired Michael Murray, Managing Director, and Mark Dolins, Director, to lead the firm’s activities for the new Boston office.

“Boston is a major technology corridor and gives us a locally based foothold into New England. This move underscores our strategy to expand our financial advisory business by sector and geography”

Mr. Murray, 45, has joined the firm from Deutsche Bank, where he was a Managing Director and co-head of the Technology Investment Banking group in North America. Mr. Dolins, 37, joined Lazard recently from Cowen and Company, where he headed Software Investment Banking.

“Boston is a major technology corridor and gives us a locally based foothold into New England. This move underscores our strategy to expand our financial advisory business by sector and geography,” said Kenneth M. Jacobs, CEO of Lazard North America. “Mike Murray and Mark Dolins have each built strong reputations in investment banking and in the technology sector, and we welcome them to Lazard’s global technology team.”

Mr. Murray joined Alex. Brown & Sons (later acquired by Deutsche Bank) in Boston in 1994. Prior to that he worked in the Lehman Brothers Technology Investment Banking Group in New York. Mr. Murray earned a BA from Brown University and an MBA from Harvard University. Mr. Dolins spent the past eight years with Cowen and Company in Boston, most recently heading the firm's Software Investment Banking group. He earned a BA from Denison University and a JD from Duke University School of Law.

Over the past few months, Lazard has continued to invest in its Financial Advisory business. The firm recently acquired Goldsmith Agio Helms, a U.S. middle-market advisory firm, focused on advising U.S. mid-sized private companies. The firm also acquired Carnegie, Wylie & Company, Australia’s leading independent financial advisory firm, and announced plans to acquire 50 percent of MBA Banco de Inversiones, extending Lazard’s reach across Central and South America. In addition, Lazard signed a cooperation agreement with Raiffeisen Investment, the M&A advisory business for Austria’s largest banking group, strengthening its footprint across Russia, Central and Eastern Europe.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 33 cities across 16 countries in North America, Europe, Asia, Australia and South America. With origins dating back to 1848, the firm provides advice on mergers and acquisitions, restructuring and capital raising, as well as asset management services to corporations, partnerships, institutions, governments, and individuals.

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