Lazard Alternative Investments is a merchant banking business.  Its activities include
investment in real estate assets and enterprises and venture capital investment in
information technology companies.

Lazard Real Estate Partners manages funds invested in debt and equity
securities of real estate assets and enterprises, primarily in North America.
Lazard Technology Partners is a venture firm dedicated to being a capital partner of choice
for exceptional management teams with the vision, capacity and commitment to create leading
information technology and technology-enabled businesses. Managing over $400 million, we
have invested in more than 35 companies since 1998.