Lazard Closes Campbell Lutyens Deal, Launches Lazard CL Advisory Unit
Lazard has completed its acquisition of Campbell Lutyens and unveiled Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. has finalized its acquisition of Campbell Lutyens and formally launched Lazard CL, a new global private capital advisory business, the New York- and London-based financial firm announced November 2, 2026. The deal, first disclosed April 30, 2026, marks one of the firm's most significant expansions into private markets advisory in recent memory.
The combined operation under the Lazard CL banner is positioned by the company as a world leader in private equity advisory services. By integrating Campbell Lutyens' established relationships and expertise with Lazard's global footprint and institutional reach, the merged unit is expected to serve institutional investors, fund managers, and sovereign wealth funds across primary and secondary private capital markets.
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The transaction reflects a broader trend among major investment banks and advisory firms to deepen their presence in private markets, as institutional capital continues shifting away from public equities toward alternative investments. Lazard's move signals confidence that demand for independent private capital counsel will remain robust in the near term.
Lazard trades on the New York Stock Exchange under the ticker symbol LAZ. The company has not disclosed the financial terms of the Campbell Lutyens acquisition in publicly available statements summarized here.
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