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  1. 04.20.2018

    Seeders Embrace Capacity-Constrained Strategies

    Seeders Embrace Capacity-Constrained Strategies Opalesque – April 20, 2018 Active management has always had a problem with diminishing returns at scale. Now one seed funding platform is actually telling managers that ‘assets are the enemy’. Delegates at the recent Opalesque Connecticut Roundtable argue that it’s more important for emerging managers to focus on performance. “I […] read more

Stride

  • Int’l Value Equity (LRV)

    Funded by Stride in April 2012

lrv-capital-logo

Stride seeded LRV Capital Management in 2012.  With the backing and ongoing support of Stride’s capital, the team and their track record officially transitioned to Lazard Asset Management’s International Value Equity group on January 31, 2018.

The team’s unique approach to international equities now also benefits from LAM’s research-based culture and institutional quality infrastructure.  As of December 31, 2017, LAM had $222 billion of assets under management, including approximately $54 billion in international equity strategies.

The team continues to run a value-based investment approach designed to identify and exploit company-specific inflection points in under-followed non-U.S. mid-cap equities.

International mid-caps have less coverage, most global funds are heavily invested in the U.S. and regional funds lack the flexibility to invest across geographies.

The team directs its research at mid-cap companies outside the U.S, across both developed and emerging markets.  This geographic flexibility enables the team to hunt where the most lucrative opportunities can be found, providing diversifying non-U.S. exposures that many capital allocators lack.  The team’s deep experience navigating local market tendencies and biases allows them to be early in names when other market participants have a differing view.

Contact Lazard Asset Management’s International Value Equity team

(formerly LRV)