Lazard Closes 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. finalized its acquisition of Campbell Lutyens on Nov. 2, 2026, and simultaneously unveiled Lazard CL, a new entity the firm describes as the global leader in private capital advisory, according to a company announcement.
The transaction was first disclosed on April 30, 2026, meaning the deal took roughly six months to close from announcement to completion. The combination brings together Lazard's established investment banking platform with Campbell Lutyens' specialist private capital advisory capabilities, creating what the firm bills as a singular global offering for the next era of private markets.
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The launch of Lazard CL reflects a broader industry trend in which traditional advisory firms are moving aggressively into private capital markets as institutional investors allocate larger portions of their portfolios to private equity, private credit, and infrastructure funds. By integrating Campbell Lutyens, Lazard gains dedicated relationships and advisory infrastructure that serve fund managers, limited partners, and institutional clients across the private capital ecosystem.
Lazard trades on the New York Stock Exchange under the ticker LAZ. The financial terms of the transaction were not detailed in the announcement, and the company has not publicly disclosed the valuation assigned to Campbell Lutyens as part of the deal.
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