Lazard Closes Campbell Lutyens Deal, Launches Lazard CL Advisory Unit
Lazard finalizes its acquisition of Campbell Lutyens and debuts Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. completed its acquisition of Campbell Lutyens on November 2, 2026, and simultaneously unveiled the rebranded entity as Lazard CL, a global private capital advisory platform, the New York- and London-based financial advisory firm announced.
The transaction, first disclosed on April 30, 2026, marks a significant strategic expansion for Lazard into the private equity advisory space. By combining Lazard's established global reach with Campbell Lutyens' specialized expertise in private capital fundraising and advisory services, the newly formed Lazard CL aims to occupy a leading position in a rapidly evolving asset class.
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The deal reflects broader consolidation trends sweeping the financial advisory industry as traditional investment banks seek to deepen their presence in alternative asset markets. Private equity advisory — encompassing fundraising placement, secondary advisory, and co-investment services — has grown substantially in recent years as institutional investors allocate larger portions of their portfolios to private markets.
Lazard trades on the New York Stock Exchange under the ticker symbol LAZ. The firm has not disclosed specific financial terms of the Campbell Lutyens acquisition in the announcement, and additional details are expected as the integration progresses.
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