Lazard Closes Campbell Lutyens Deal, Launches Lazard CL Advisory Unit

Lazard, Inc. has finalized its acquisition of Campbell Lutyens and unveiled a newly branded division called Lazard CL, the company announced on Nov. 2, 2026. The move consolidates the two firms under a single global platform focused on private capital advisory services.

The transaction was first disclosed on April 30, 2026, and has now cleared all necessary conditions to close. The combined operation is being positioned by Lazard as the leading global platform for private capital advisory heading into what the firm describes as the next era of private markets activity.

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The launch of Lazard CL marks a significant expansion of Lazard's financial advisory footprint beyond its traditional mergers, restructuring, and asset management businesses. Private capital advisory — which typically encompasses fund placement, secondary advisory, and related services for private equity, infrastructure, and credit managers — has become an increasingly competitive and high-demand segment as institutional allocations to alternative assets have grown.

By absorbing Campbell Lutyens, a specialist firm with deep relationships across institutional investors and private fund managers, Lazard gains an established team and client base that broadens its reach in a market where scale and relationships are critical differentiators. The combined entity, operating under the Lazard CL brand, is now expected to compete directly with other large-scale private capital advisory businesses globally.

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