Lazard Asset Management Expands in Portugal Through Partnership with MM Private
14 MAY, 2025
By Jose Luis Palmer from RankiaPro Europe
Lazard Asset Management (LAM) has announced a strategic distribution agreement with Portuguese investment consultancy MM Private, marking a significant step in strengthening its presence in the Portuguese institutional market. The collaboration is aimed at delivering tailored investment solutions and deepening engagement with local clients.
The partnership is designed to broaden Portuguese investors’ access to LAM’s global capabilities while ensuring a high level of localised service. According to Lazard Asset Management, the alliance reflects a commitment to meet the increasingly sophisticated demands of institutional clients in the region.
Leadership and operational synergy
The initiative will be spearheaded by Domingo Torres, Head of Lazard Asset Management Iberia, and MM Private’s tied agent Alexandre de Castro Nunes. Backed by Lazard’s operational infrastructure and established base in Madrid, the partnership promises seamless support for Portuguese clients.
We are excited about the opportunity to partner with MM Private and Alexandre de Castro Nunes.
This partnership is built on the shared goal of delivering exceptional service and investment solutions to our clients, as we seek to deepen LAM’s presence in the dynamic Portuguese market, capitalizing on Alexandre's extensive network and established reputation
Domingo Torres, Head of LAM Iberia
MM Private is delighted to collaborate with a world class firm such as Lazard Asset Management, known for its strong track record and client-centric approach, as they expand into the Portuguese region.
We will leverage our combined capabilities to unlock new commercial opportunities and maximise Lazard's reputation and strong solutions offering.
Pedro Antonio, Chairman and CEO of MM Private
The agreement is subject to regulatory consultation and approval.
