Lazard Acquires Campbell Lutyens, Launches Lazard CL Advisory Unit
Lazard completes its Campbell Lutyens deal 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, the New York- and London-based financial advisory firm announced, closing a deal that was first disclosed roughly six months earlier on April 30, 2026. The transaction marks a significant expansion of Lazard's footprint in the private capital marketplace.
Alongside the closing, Lazard introduced Lazard CL, a newly branded advisory unit that the firm says is positioned as the global leader in private capital advisory services. The launch signals Lazard's ambition to capture a dominant share of an asset class that has grown substantially in size and institutional importance in recent years.
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The combination brings together Lazard's established global advisory network with Campbell Lutyens' specialized expertise in private capital fundraising and secondaries, creating a platform intended to serve institutional investors and fund managers across multiple geographies. Industry observers note that consolidation among private capital advisers has accelerated as demand from pension funds, sovereign wealth funds, and endowments for alternatives continues to climb.
Lazard trades on the New York Stock Exchange under the ticker symbol LAZ. The financial terms of the Campbell Lutyens acquisition were not disclosed in the company's announcement. The newly formed Lazard CL unit is expected to operate across key financial centers in both North America and Europe, reflecting the cross-Atlantic heritage of its two founding organizations.
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