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Lazard unit hires international equity value team

Lazard Ltd indirect subsidiary Lazard Asset Management LLC hired Mark Rooney, Erik Van Der Sande, Craig Lottner and Chris Torino to form an international value concentrated team.

The new team will look to identify and exploit company-specific inflection points. It will invest in companies listed outside the U.S. and will manage concentrated long-only and long/short portfolios.

They will be based in New York. The four joined Lazard from LRV Capital Management LLC, which was co-founded by Rooney, Van Der Sande and Lottner.