Lazard Closes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard finalizes its Campbell Lutyens acquisition and unveils Lazard CL, positioning the combined firm 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 investment bank announced, capping a deal first disclosed on April 30, 2026. The transaction gives rise to Lazard CL, a newly branded advisory unit the firm describes as the global leader in private capital markets.
The combination merges Lazard's established financial advisory franchise with Campbell Lutyens, a specialist placement agent and secondary advisory firm with deep roots in private equity and infrastructure fundraising. Together, the two organizations aim to serve institutional investors, fund managers, and sponsors navigating an increasingly complex private capital landscape.
Read more Lazard Closes Campbell Lutyens Deal, Launches Lazard CL Advisory Unit →
The launch of Lazard CL signals a strategic push by Lazard to capture a larger share of the fast-growing private markets advisory segment, where demand for placement, restructuring, and fund-raising counsel has expanded significantly in recent years. Firms that can offer integrated public and private market expertise are seen as well-positioned as institutional allocations to alternative assets continue to rise.
Lazard trades on the New York Stock Exchange under the ticker symbol LAZ. The financial terms of the Campbell Lutyens acquisition were not disclosed in the announcement.
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