Lazard Completes Campbell Lutyens Deal, Forms Lazard CL Advisory Unit
Lazard finalizes its Campbell Lutyens acquisition and launches 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 formed Lazard CL, a business unit the firm is billing as the global leader in private capital advisory, the New York- and London-based financial advisory giant announced Nov. 2, 2026.
The deal, which Lazard first disclosed on April 30, 2026, marks a significant expansion of the firm's footprint in the fast-growing private capital market. By combining Lazard's established global advisory platform with Campbell Lutyens' specialized expertise, the merged operation is designed to serve institutional clients navigating an increasingly complex private markets landscape.
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The launch of Lazard CL signals the firm's strategic intent to capture a larger share of advisory mandates as private capital — spanning private equity, infrastructure, private credit, and secondaries — continues to draw record institutional allocations worldwide. The branding positions the new unit as purpose-built for what Lazard describes as the "next era" of private capital.
Lazard trades on the New York Stock Exchange under the ticker LAZ. The financial terms of the Campbell Lutyens transaction were not disclosed in the announcement.
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