Board Reviews Lazard Investment Manager Performance
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Description
The Pension and Retirement Board reviewed quarterly performance for Lazard as an external investment manager, noting underperformance in the recent period. The minutes reflect continuation of Lazard’s mandate with no contract change recorded.
Contract Details
Vendor
LAZARD
Agency
City of Milford, CT
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Renewal Info
Lazard continues as an external investment manager for the pension portfolio; no amendment or renewal was acted on in this meeting.
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