Lazard Completes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard finalizes its acquisition of Campbell Lutyens and unveils Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. has completed its acquisition of Campbell Lutyens and formally launched Lazard CL, a new business unit the firm describes as a global leader in private capital advisory, the company announced November 2, 2026, from New York and London.
The deal, first disclosed on April 30, 2026, marks a significant expansion of Lazard's footprint in the fast-growing private capital market, where institutional investors and fund managers increasingly seek specialized advisory services for fund placement, secondaries, and co-investment transactions.
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The creation of Lazard CL signals the firm's strategic intent to compete at the highest tier of private capital advisory as the asset class continues to attract record flows globally. By combining Lazard's established investment banking relationships with Campbell Lutyens' specialized private markets expertise, the merged platform is positioned to serve a broad range of clients across fundraising and capital solutions.
Lazard trades on the New York Stock Exchange under the ticker LAZ. The financial terms of the acquisition were not detailed in the announcement, and the company did not disclose headcount or revenue projections for the new unit.
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