Lazard Acquires Campbell Lutyens, Forms Lazard CL Advisory Unit

Lazard, Inc. finalized its acquisition of Campbell Lutyens on Nov. 2, 2026, and simultaneously unveiled Lazard CL, a newly branded advisory platform the company describes as the global leader in private capital advisory services, according to a company announcement.

The deal, first disclosed on April 30, 2026, marks a significant expansion of Lazard's footprint in the private capital market, a sector that has grown in prominence as institutional investors increasingly allocate assets outside traditional public markets. The combination brings together Lazard's established global advisory infrastructure with Campbell Lutyens' specialized expertise in private capital fundraising and secondaries.

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The launch of Lazard CL signals the firm's intent to compete at the highest tier of private capital intermediation, serving clients navigating an increasingly complex landscape of private equity, infrastructure, and private credit transactions. Lazard positions the combined entity as purpose-built for what it calls the "next era" of private capital, reflecting industry-wide expectations of continued growth in alternative asset fundraising.

With operations anchored in both New York and London, Lazard CL carries a transatlantic structure suited to serve sovereign wealth funds, pension plans, and other large institutional allocators that rely on independent advisors when accessing or managing private market exposures. The geographic pairing also reflects where the bulk of global private capital activity is currently concentrated.

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