Lazard Completes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard finalizes its acquisition of Campbell Lutyens and unveils Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. (NYSE: LAZ) announced the completion of its acquisition of Campbell Lutyens on November 2, 2026, simultaneously launching a newly branded advisory platform called Lazard CL. The move signals an aggressive push by the New York- and London-based financial firm to capture a dominant position in the fast-growing private capital advisory market.
The combined entity, operating under the Lazard CL name, is being positioned as a worldwide leader in private capital advisory services. The integration of Campbell Lutyens — a well-regarded specialist in private markets fundraising and secondaries advisory — is expected to substantially deepen Lazard's capabilities in an asset class that has seen sustained institutional demand over the past decade.
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The announcement reflects a broader industry trend of traditional investment banks and advisory firms consolidating private markets expertise through acquisitions rather than organic growth alone. Private capital, encompassing private equity, infrastructure, and private credit, has grown into one of the most competitive arenas for financial advisory mandates globally.
While specific financial terms of the transaction were not disclosed in the announcement, the deal underscores Lazard's strategic intent to compete at the highest level of private capital advisory as institutional allocations to alternative assets continue to expand. Lazard CL's dual headquarters in New York and London provide a platform to serve pension funds, sovereign wealth funds, and asset managers across major global markets.
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