Lazard Finalizes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard completes 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 advisory unit the firm is positioning as the global leader in private capital markets, the New York- and London-based investment bank announced Nov. 2, 2026.
The transaction, which was first disclosed on April 30, 2026, marks a significant expansion of Lazard's alternative asset advisory capabilities. The combined platform, operating under the Lazard CL brand, is designed to serve clients navigating what the firm describes as the next era of private capital — a period characterized by rising institutional demand for private markets access and increasingly complex fund structures.
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Campbell Lutyens had built a reputation as a specialist placement agent and secondary advisory firm with a strong transatlantic presence. By folding that operation into Lazard's existing financial advisory infrastructure, the firm aims to offer a more integrated suite of services spanning fundraising, secondary transactions, and strategic private capital advice at a global scale.
The deal reflects a broader consolidation trend within the private capital advisory space, where bulge-bracket and independent advisory firms alike have been acquiring specialist boutiques to deepen their alternatives franchises ahead of anticipated growth in private equity, private credit, and infrastructure allocations by institutional investors worldwide.
Lazard trades on the New York Stock Exchange under the ticker LAZ. Continue reading at All Financial Services & Investing.
