Lazard Completes Acquisition of Campbell Lutyens, Launching Lazard CL for Private Capital Excellence

Lazard and the Launch of Lazard CL

Lazard, Inc. has announced a significant milestone in its growth strategy with the completion of its acquisition of Campbell Lutyens. This integration has paved the way for the launch of Lazard CL, a leading global platform poised to redefine private capital advisory services. The announcement was made official on November 2, 2026, marking a new chapter in Lazard's commitment to delivering exceptional financial advisory services across the globe.

A Strategic Move for Growth

This acquisition, initially brought to light back on April 30, 2026, combines Lazard's robust operations with the strengths of Campbell Lutyens. The formation of Lazard CL aligns with the firm’s 2030 strategic vision aimed at sustainable and profitable growth. Peter Orszag, CEO and Chairman of Lazard, expressed enthusiasm about the creation of this new entity, highlighting its potential to integrate premier services in primary fundraising, secondary advisory, and restructuring, enhancing connectivity and reach within advisory offerings.

Lazard CL emerges from an established base, boasting over 300 advisory professionals and 19 international offices. This new platform not only leverages Lazard’s considerable experience in capital markets and M&A but is also prepared to address the complexities of the evolving private capital landscape. With a history of advising on transactions exceeding $1 trillion, Lazard CL’s foundation is built on extensive expertise and proven results.

Delivering Diverse Solutions

The services offered by Lazard CL encompass a full spectrum of advisory work related to the private capital lifecycle. From capital formation to liquidity solutions, the platform aims to provide tailored advice to institutional investors, financial sponsors, and portfolio companies. Backed by a network that connects approximately 4,000 institutional investors with promising investment opportunities, Lazard CL is equipped with a dedicated team of over 60 LP distribution professionals to ensure efficient market connectivity.

Specialized Expertise and Data Advantage

Specializing in key asset classes—including private equity, private credit, infrastructure, and real estate—Lazard CL ensures comprehensive service delivery across major financial hubs in North America, Europe, the Middle East, and the Asia-Pacific region. As market demands evolve, the platform's approach is bolstered by proprietary datasets, comprising around 100,000 data points on investor sentiment and additional insights on fund pricing, thus enabling sharper benchmarking and targeted investor outreach.

Independent and Objective Service

Dedicated solely to private capital needs, Lazard CL operates autonomously while drawing on Lazard's formidable global presence. This operational independence empowers the new venture to offer objective and confidential counsel at various stages of the private capital process, enhancing client trust and satisfaction. Co-CEO Gordon Bajnai noted that the new structure retains the entrepreneurial spirit cultivated during Campbell Lutyens' 38-year history, emphasizing a client-first mentality that is essential for success in this field.

Holcombe Green, also Co-CEO of Lazard CL, highlighted the growth trajectory the new business is poised to experience, following a period of rapid expansion within Lazard’s private capital advisory segment, which has seen revenue more than double over five years.

A Promising Future

As they operationalize Lazard CL, expectations remain high regarding its potential to contribute significantly to Lazard's overall financial performance in the upcoming years. With estimated combined revenues projected to reach approximately $500 million in 2027—prior to considering any revenue synergies—the newly formed platform represents a pivotal element of Lazard's growth strategy.

As the world of private capital continues to change, Lazard CL is set to become a major player, committed to offering innovative solutions and unparalleled service to its clients. For more information about Lazard and its new offerings, visit Lazard.com and LazardCL.com.