The Company’s consolidated VIEs as of March 31, 2023 and December 31, 2022 include LGAC (see Note 1) and certain funds (“LFI Consolidated Funds”) that were established for the benefit of employees participating in the Company’s existing LFI deferred compensation arrangement. Lazard invests in these funds and is the investment manager and is therefore deemed to have both the power to direct the most significant activities of the funds and the right to receive benefits (or the obligation to absorb losses) that could potentially be significant to these funds. The assets of LFI Consolidated Funds, except as it relates to $131,672 and $115,666 of LFI held by Lazard Group as of March 31, 2023 and December 31, 2022, respectively, can only be used to settle the obligations of LFI Consolidated Funds. The Company’s consolidated VIE assets and liabilities for LFI Consolidated Funds as reflected in the condensed consolidated statements of financial condition consist of the following at March 31, 2023 and December 31, 2022.

	March 31, 2023		December 31, 2022
ASSETS
Cash and cash equivalents	$	3,907	$	3,644
Customers and other receivables		591		240
Investments		216,862		186,300
Other assets		385		622
Total assets	$	221,745	$	190,806

LIABILITIES
Deposits and other customer payables	$	104	$	528
Other liabilities		497		448
Total liabilities	$	601	$	976