Lazard International Quality Growth Portfolio Open Shares

Lazard International Quality Growth Portfolio Open Shares

OCMPX
Lazard International Quality Growth Portfolio Open SharesUS flagNASDAQ
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management
Address
30 Rockefeller Plaza New York NY United States of America 10112
IPO Date
Jan 3, 2019
Business
Lazard International Quality Growth Portfolio Open Shares (OCMPX) is an open-end mutual fund managed by Lazard Asset Management LLC that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies, including those domiciled in emerging markets with principal business activities outside the United States; the portfolio targets high-quality growth businesses across large market capitalizations, with key holdings in sectors such as technology, industrials, financial services, healthcare, and communication services, exemplified by top positions in Taiwan Semiconductor Manufacturing Co Ltd, Tencent Holdings Ltd, ASML Holding NV, Halma PLC, and EssilorLuxottica SA. The fund emphasizes companies exhibiting sustainable competitive advantages, with approximately 93% allocated to non-U.S. stocks diversified across regions including the Eurozone, United Kingdom, Europe ex-Euro, developed Asia, and Japan. It features a net expense ratio of 1.10%, daily pricing, a minimum initial investment of $2,500, and is available for sale in the United States. Launched on December 31, 2018, as part of Lazard's International Compounders strategy—which the management team had overseen since 2016—the Open Shares class (OCMPX) is domiciled in the United States and managed by Louis Florentin-Lee and Barnaby Wilson since inception, alongside Robert Failla since May 2020. Lazard Asset Management, the fund's investment manager, traces its asset management origins to 1953 and operates as a division of Lazard Inc., a global financial advisory and asset management firm founded in 1848 with headquarters in New York City at Rockefeller Center. The firm maintains a global presence across more than 20 countries, serving institutional investors, corporations, and high-net-worth individuals with approximately $267 billion in total assets under management as of late 2025. In recent developments, Lazard Asset Management formed a strategic partnership with Elaia Partners in April 2024 to expand its venture capital capabilities in Europe, focusing on technology investments from seed stage through public listings, following exclusive negotiations announced in December 2023. The firm also advanced its sustainable private infrastructure strategy through the May 2024 acquisition of Collective Energy GmbH and strengthened its emerging markets debt leadership with a key senior hire in December 2025. These initiatives reflect ongoing portfolio enhancements and business expansions amid market appreciation and net asset growth for OCMPX, which stood at $572.88 million in total net assets.