Lazard Finalizes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard completes its acquisition of Campbell Lutyens and debuts Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. has completed its acquisition of Campbell Lutyens and unveiled the newly branded Lazard CL, a combined platform the firm is positioning as the global leader in private capital advisory, the New York- and London-based financial advisory company announced Nov. 2, 2026.
The deal, first disclosed on April 30, 2026, marks a significant expansion of Lazard's footprint in the fast-growing private capital market, where demand for independent advisory services has accelerated as institutional investors deepen allocations to private equity, infrastructure, and private credit.
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The launch of Lazard CL represents a strategic bet that scale and global reach will be decisive advantages in advising general partners, limited partners, and fund managers navigating an increasingly complex fundraising and secondary-market environment. By combining Lazard's established investment banking relationships with Campbell Lutyens' specialized private capital placement and advisory capabilities, the merged entity aims to serve clients across a broader range of geographies and asset classes.
The transaction underscores a broader consolidation trend in financial advisory, as bulge-bracket and independent firms alike move to build out private markets practices ahead of what many industry observers expect to be sustained, long-term growth in alternatives. Lazard trades on the New York Stock Exchange under the ticker LAZ.
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