Bennelong’s Cuddy joins Lazard AM


Bennelong Australian Equity Partners co-founder and former chief executive, Paul Cuddy has been appointed as managing director and head of sales of Lazard Asset Management Pacific Co.
Cuddy's appointment was confirmed today by Lazard chief executive, Robert Prugue.
Prugue said Cuddy brought substantial experience and his expertise would enhance Lazard's ability to deliver comprehensive investment solutions to clients.
Prior to joining Lazard, Cuddy's most recent role was as co-founder, chief executive officer of Bennelong Australian Equity Partners, where he developed and built portfolio strategies for a broad range of institutional, retail and wholesale clients.
Previously, he was the director and co-head of Australian equities at ING Investment Management.
An indirect subsidiary of Lazard Ltd, LAM offers a range of equity, fixed income, and alternative investment products worldwide.
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.