Lazard Asset Management LLC Acquires 16.3% Stake in The Taiwan Fund, Inc. (TWN)
Lazard Asset Management LLC filed a Schedule 13G on May 15, 2026, disclosing a significant new ownership stake in The Taiwan Fund, Inc. (TWN). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 923,807 shares of common stock, representing 16.3% of the class. This filing marks a substantial increase from a previous 0% position, establishing Lazard as a major institutional shareholder. The filing indicates that Lazard Asset Management LLC maintains sole voting and dispositive power over the entire 923,807 share position. The securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. The issuer's principal executive offices are located in Boston, MA, and the filing was certified by Kyle DiGangi, Managing Director and Global CCO. This move underscores a significant commitment by Lazard to the Taiwan-focused equity fund.