Lazard Finalizes Campbell Lutyens Deal, Launches Lazard CL Unit

Lazard, Inc. has completed its acquisition of Campbell Lutyens and unveiled the newly branded Lazard CL, a business the firm is positioning as a global leader in private capital advisory, the New York- and London-based financial firm announced November 2, 2026.

The deal, which was first disclosed on April 30, 2026, marks a significant expansion of Lazard's advisory capabilities into the fast-growing private capital market. The creation of Lazard CL signals the firm's intent to compete at the highest levels of fund placement, secondaries advisory, and institutional capital raising as private markets continue to attract record allocations from institutional investors worldwide.

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The transaction joins Lazard's established global financial advisory network with Campbell Lutyens' specialized private capital expertise, a combination the firm says is designed to serve clients navigating an increasingly complex private markets landscape. The merged platform is expected to operate across key financial centers, reinforcing both firms' existing client relationships and geographic reach.

The launch comes at a moment when private capital — spanning private equity, private credit, infrastructure, and real assets — has grown into one of the most competitive advisory segments in global finance. By formalizing the combined entity under a unified brand, Lazard is making a clear strategic statement about where it sees future growth opportunities in the advisory business.

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