Privacy Notice - California Residents

This privacy notice for California residents supplements the information contained in the privacy policies of Lazard Asset Management LLC (“Lazard”) and applies solely to individuals who are residents of the State of California and who interact with or have a relationship with Lazard. We have adopted this Privacy Notice to comply with the California Consumer Privacy Act of 2018, as amended (the “CCPA”).

Under the CCPA, California residents have certain rights regarding the Personal Information collected by businesses, including Lazard.

What is Personal Information?

Under the CCPA, “Personal Information” means information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked, directly or indirectly, with a particular consumer or household. Personal Information includes, but is not limited, to the following, (a) identifiers, (b) consumer records information, (c) characteristics of protected classifications under California or federal law, (d) commercial purchasing information, (e) biometric information, (f) internet or network activity, (g) geolocation data, (h) audio, electronic, visual, thermal, olfactory, or similar information, (h) professional or employment-related information, (i) education information, or (j) inferences from the above categories used to profile.

Personal Information does not include:

Publicly available information from federal, state, or local government records.
De-identified or aggregate consumer information.
Information not covered under the CCPA, such as:
- Medical and health information covered by the Confidentiality of the Medical Information Act (CMIA), the Health Insurance Portability and Accountability Act (HIPAA),the Health Information Technology for Economic and Clinical Health Act (HITECH) or clinical trial data;
- Personal information covered by certain sector-specific privacy laws, including the Fair Credit Reporting Act (FCRA), the Gramm-Leach-Bliley Act (GLBA) and its implementing regulations or the California Financial Information Privacy Act (FIPA), and the Driver’s Privacy Protection Act

What are your rights?

The CCPA provides California residents with certain rights regarding the Personal Information that we collect. The below section describes your rights.

Right to Know About Personal Information Collected, Disclosed, or Sold
You have the right to request what Personal Information we collect about you and the manner in which it is processed; the categories of Personal Information we collected about you in the preceding twelve months; the categories of sources used to collect the Personal Information; the business or commercial purposes for collecting your Personal Information; and the categories of third parties with whom we share your Personal Information each as it pertains to our activities in the preceding twelve months.
Right to Request Deletion of Personal Information
You have the right to request the deletion of Personal Information that we have collected about you, subject to certain exception, as permitted by the CCPA.
We retain Personal Information in accordance with our information management policies and record-keeping requirements, which establish general standards and procedures regarding the retention and handling of our records. We retain Personal Information for as long as necessary to meet legal and regulatory requirements; however, retention may be extended if we are required to preserve Personal Information as required by law, such as pursuant to legally binding subpoenas, court orders and similar instruments or, in connection with litigation, investigations, and proceedings.
Right to Opt-Out of Sale
You have the right to opt-out of the sale of your Personal Information by a business.
However, it is important to note that Lazard does not sell information to third parties as defined under California law. This includes the selling of the Personal Information of minors under 16 years of age.
Right to Non-Discrimination
You have a right not to receive discriminatory treatment for the exercise of the privacy rights conferred by the CCPA.

You will not be discriminated against for exercising the above rights.

Submitting a Request

Under the CCPA, we are required to verify your identity when you submit a request to exercise certain of the rights listed above. Your request should provide sufficient clarifying and identifying detail that allows us to properly respond to it. The information provided in your request may be checked against third party identity verification services. We cannot respond to your request if we cannot verify your identity and confirm that the Personal Information relates to you. The forms below are designed to facilitate the receipt of sufficient detail to properly respond to your request.

You may designate an authorized agent to exercise certain of the rights listed above on your behalf by providing the authorized agent with power of attorney pursuant to the California Probate Code. If an authorized agent submits a request on your behalf, we will contact you to verify that they represent you.

You may designate an authorized agent to submit a request on your behalf by providing that agent with your written authorization to do so. If an agent makes a request on your behalf, we may still ask that you verify your identity directly with us before we honor the request.

Agents who make requests on behalf of individuals will be required to verify their authority to make the request by submitting written authorization from the individual. We will not honor any requests from agents until authorization is verified.

Contact Information

If you would like to discuss or exercise such rights, please contact us at CCPAinquiries@lazard.com or 1-833-932-2843

We reserve the right to update or amend this notice at our discretion and at any time. When we make changes to this notice, we will inform you through a notice at the following links:

Lazard Asset Management LLC

Last updated: July 1, 2020