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CONSOLIDATED VIEs
 9 Months Ended
Sep. 30, 2025
Variable Interest Entity, Measure of Activity [Abstract]  
CONSOLIDATED VIEs CONSOLIDATED VIEs
LFI Consolidated Funds
The Company’s consolidated VIEs as of September 30, 2025 and December 31, 2024 include certain funds (“LFI Consolidated Funds”) that were established for the benefit of employees participating in the Company’s existing LFI deferred compensation arrangement. Lazard invests in these funds and is the investment manager and is therefore deemed to have both the power to direct the most significant activities of the funds and the right to receive benefits (or the obligation to absorb losses) that could potentially be significant to these funds. The assets of LFI Consolidated Funds, except as it relates to $33,350 and $68,452 of LFI owned by Lazard Group as of September 30, 2025 and December 31, 2024, respectively, can only be used to settle the obligations of LFI Consolidated Funds.
The Company’s consolidated VIE assets and liabilities for LFI Consolidated Funds as reflected in the condensed consolidated statements of financial condition consist of the following at September 30, 2025 and December 31, 2024.
September 30, 2025December 31, 2024
ASSETS
Cash and cash equivalents$2,370 $2,456 
Customers and other receivables702 97 
Investments108,897 144,878 
Other assets587 1,016 
Total assets$112,556 $148,447 
LIABILITIES
Deposits and other customer payables$285 $72 
Other liabilities403 295 
Total liabilities$688 $367