Chris Witkowsky

The promotions come as Lazard’s capital advisory group continues to expand. It has about 100 professionals in eight offices around the world with an expectation of continued growth.

The fund of funds platform, which includes commitments to venture funds as well as private credit, continues to operate.

A few factors are at play that may help explain why PE's fourth-quarter marks remain (relatively) strong.

As funds hit the market over the next few months, they will likely contend with what some sources have told me is 'LP fatigue.'