Portfolio manager Terence Brennan will depart Lazard Asset Management in the next few months, Citywire has confirmed.
Brennan has been with Lazard since 2016 and is a portfolio manager and analyst for the firm’s investment solutions group.
Brennan was removed from the $3.1m Lazard Real Assets fund (RALIX) on Tuesday, according to a filing with the Securities and Exchange Commission (SEC). Brennan had served on the fund since April 2022. Dan McGoey, David Alcaly, Stephen Marra, and Kim Tilley will continue to serve as portfolio managers on the fund, the filing shows.