Lazard Closes Campbell Lutyens Deal, Creates Lazard CL Unit
Lazard has completed its acquisition of Campbell Lutyens, launching Lazard CL as a global private capital advisory platform.
Lazard, Inc. finalized its acquisition of Campbell Lutyens on Nov. 2, 2026, the New York- and London-based financial advisory firm announced, capping a deal that was first disclosed roughly six months earlier. The combined operation will operate under the Lazard CL brand, which the firm describes as a global leader in private capital advisory.
The transaction, initially announced April 30, 2026, represents a significant expansion of Lazard's footprint in the fast-growing private capital market, where demand for independent advisory services has accelerated as institutional investors increasingly allocate assets to private equity, infrastructure, and credit strategies.
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By integrating Campbell Lutyens — a specialist advisory firm with deep relationships among limited partners and general partners globally — Lazard is positioning Lazard CL to compete at the highest level of the private capital fundraising and secondaries advisory space. The combined platform is expected to serve clients across multiple continents, leveraging both firms' existing networks and sector expertise.
The launch of Lazard CL comes at a moment when the private capital industry faces heightened scrutiny over fees, liquidity, and transparency, yet continues to attract record institutional commitments. Independent advisors that can bridge capital-seekers and large asset allocators occupy an increasingly strategic role in that ecosystem.
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