Lazard's experienced client relationship team has worked closely with charities and foundations for many years in providing a tailored investment advisory service. Using the full resources of Lazard Asset Management's global investment expertise, we provide a focused and integrated approach to you the charity investor and your associated advisers.

Whether your priority is to generate income to meet your grant requirements, or to invest capital for future growth, Lazard offers a service to suit. Our investment solutions offer you the ability to invest in any market around the world and to benefit from our insights into existing and emerging opportunities. We manage your money in an efficient and tax effective manner, either on a bespoke or pooled basis.

Lazard's approach has seen us deliver strong investment returns to our clients, with high degrees of tax efficiency in an elegant, transparent portfolio. This approach represents our best thinking and contains opportunities for outperformance in a measured and risk sensitive manner, providing a total portfolio solution in a clear, concise and efficient manner.

We believe that the attributes of Lazard's approach match the investment goals of most charity and foundation investors. I would welcome the opportunity to discuss and understand your needs and how we may be able to help you achieve your goals.

Yours sincerely,

Louisa Vincent
Head of Client Services