Lazard Finalizes Campbell Lutyens Deal, Launches Lazard CL Advisory Unit
Lazard completes its acquisition of Campbell Lutyens and debuts Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. has completed its acquisition of Campbell Lutyens and unveiled a new combined business unit called Lazard CL, the company announced Nov. 2, 2026. The deal, first disclosed on April 30, 2026, marks a significant expansion of Lazard's private capital advisory capabilities on a global scale.
The launch of Lazard CL signals an effort by the New York- and London-based financial advisory firm to consolidate its position at the intersection of institutional fundraising, secondaries, and private capital markets — a segment that has grown substantially as pension funds, sovereign wealth funds, and endowments deepen their allocations to alternative assets.
Read more City National Bank Names Jeffrey LaBauve to Lead Commercial Real Estate →
Campbell Lutyens, a specialist private capital placement and secondary advisory firm with deep roots in European and Asian markets, brings an established client network and sector expertise that complements Lazard's existing global platform. The combination is intended to serve limited partners, general partners, and other market participants navigating an increasingly complex private capital landscape.
The transaction reflects a broader consolidation trend among financial advisory firms seeking scale and specialized talent as private markets continue to draw capital away from traditional public market vehicles. By branding the combined operation under the Lazard CL banner, the firm is signaling a long-term strategic commitment rather than a simple bolt-on acquisition.
Continue reading at All Financial Services & Investing.
