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Apollo, Lazard plan to work together on European investments13/08/2008. Source: AltAssets. 
 Apollo Management and Lazard Group are to form a strategic partnership targeting private equity investments in Europe.
'The strategic partnership will leverage both Lazard's European presence and history of advising on merger and acquisitions transactions, and Apollo's strong track record in private equity. Separately, Apollo and Lazard will continue to work with other financial advisory and private equity firms, respectively, in the ordinary course of business,' Lazard said in a statement.
Apollo is an affiliate of alternative asset manager Apollo Global Management. The firm has assets under management in excess of $40bn, across private equity, hedge funds, distressed debt and mezzanine funds.
Lazard provides advice on M&A, restructuring and capital-raising, and also provides asset management services to corporations, partnerships, institutions, governments and individuals.
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