Lazard Ltd. LAZ, +1.6% is up 5.2% on premarket trades Tuesday following the Financial News report that Abu Dhabi’s sovereign fund ADQ began talks in early this year to take the investment banking private. Reports also stated that Pater Orszag, the newly-appointed CEO of Lazard, is on a mission “to shake up Lazard”, after talks with ADQ failed to bear fruit. Financial News reported that the talks with ADQ hit a snag due to the question of operational independence.