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 launched a new combined entity called Lazard CL, which the firm is billing as the global leader in private capital advisory services.
The deal, first disclosed on April 30, 2026, marks a significant expansion of Lazard's footprint in the fast-growing private capital market, where institutional investors, asset managers, and sovereign wealth funds increasingly seek independent advisory expertise for fund placement, secondaries, and co-investment mandates.
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The creation of Lazard CL signals a strategic bet by Lazard management that demand for private capital intermediation will continue to accelerate in the years ahead, as pension funds and endowments deepen allocations to private equity, private credit, and infrastructure. By integrating Campbell Lutyens — a well-regarded independent advisory firm with roots in both New York and London — Lazard gains an established client base and a seasoned team with transatlantic reach.
The combined platform operates under the Lazard CL brand and is positioned to advise general partners and limited partners across primary fundraising, secondary transactions, and related capital solutions on a global scale. The dual headquarters structure in New York and London reflects the cross-border nature of private capital flows that the new unit intends to serve.
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