Ulrich Teutsch

Lazard Asset Management (Deutschland) GmbH (Lazard AM Deutschland) is the German asset management subsidiary of Lazard Asset Management LLC, ultimately owned by Lazard Ltd. (NYSE: LAZ) in the US. Founded in 1999, the firm is headquartered in Frankfurt and specializes in fund advisory services via segregated funds and outsourcing mandates for institutional clients, including banks, insurance companies, pension funds, industrial companies and foundations. Lazard AM Deutschland also manages mutual funds for private individuals.

Cominvest Asset Management GmbH (CAM) was an asset management subsidiary of Allianz Global Investors Kapitalanlagegesellschaft, ultimately owned by Allianz SE (FR: ALV). Originally established in 2002 as the asset management subsidiary of Commerzbank AG, the firm was acquired by Allianz in 2008 and integrated into Allianz Global Investors Deutschland GmbH in 2009. Based in Frankfurt, CAM managed institutional funds, mutual funds, pension funds, discretionary portfolios and funds of funds for private individuals and institutional clients.