Lazard Closes Campbell Lutyens Deal, Forms Lazard CL Advisory Unit
Lazard completes its acquisition of Campbell Lutyens and launches Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. has finalized its acquisition of Campbell Lutyens and unveiled a new combined business unit called Lazard CL, the company announced Nov. 2, 2026. The deal, which was first disclosed on April 30, 2026, marks a significant expansion of Lazard's footprint in the private capital advisory space.
The newly formed Lazard CL is being positioned by the firm as the global leader in private capital advisory services. The combination brings together Lazard's established financial advisory capabilities with Campbell Lutyens' specialist expertise, creating a broader platform intended to serve clients navigating an increasingly complex private markets landscape.
Read more Lazard Closes Campbell Lutyens Deal, Launches Lazard CL Unit →
The transaction reflects broader consolidation trends in the financial advisory sector, where established investment banks and boutique firms have been moving aggressively to build out private capital practices. Demand for independent advisory services on fund placements, secondary transactions, and co-investments has grown as institutional allocations to private markets have expanded substantially over the past decade.
Lazard trades on the New York Stock Exchange under the ticker symbol LAZ. The company did not disclose specific financial terms of the Campbell Lutyens acquisition in its announcement. The launch of Lazard CL signals the firm's intent to compete directly at the highest tier of global private capital advisory mandates going forward.
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