Lazard Completes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard finalizes its Campbell Lutyens acquisition and unveils Lazard CL, positioning the combined entity as a global private capital advisory leader.
Lazard, Inc. completed its acquisition of Campbell Lutyens on Nov. 2, 2026, the New York- and London-based financial advisory firm announced, culminating a deal first disclosed on April 30, 2026. The transaction results in the creation of Lazard CL, a newly branded unit the firm describes as a global leader in private capital advisory services.
The combination brings together Lazard's established investment banking and financial advisory platform with Campbell Lutyens, a specialist firm long recognized for its expertise in private capital fundraising and secondary advisory. The merged operation is intended to serve institutional clients navigating an increasingly complex private markets landscape.
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The launch of Lazard CL signals Lazard's strategic intent to deepen its footprint in private capital at a moment when alternative asset managers and institutional investors are allocating record sums to private markets. By integrating Campbell Lutyens, Lazard gains specialized advisory capabilities that complement its existing mergers, restructuring, and asset management businesses.
The move reflects a broader consolidation trend among financial advisory firms seeking to capture advisory fees generated by the rapid growth of private equity, private credit, and infrastructure funds globally. Lazard trades on the New York Stock Exchange under the ticker symbol LAZ.
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