Lazard Finalizes Campbell Lutyens Acquisition, Launches Lazard CL

Lazard, Inc. has completed its acquisition of Campbell Lutyens and introduced Lazard CL, establishing itself as a leader in private capital advisory. Announced on April 30, 2026, this strategic move unites Lazard's advisory strength with Campbell Lutyens' expertise. This development aligns with Lazard's 2030 long-term growth strategy, diversifying its offerings and enhancing client solutions.

Peter Orszag, CEO of Lazard, emphasized the synergy in combining global fundraising and advisory resources. The newly formed Lazard CL incorporates over 300 advisory professionals across 19 offices, managing over $1 trillion in transactions. Lazard CL's platform offers a wide range of services, including fundraising, advisory, and distribution, supported by proprietary data and global expertise.

Lazard CL aims to achieve approximately $500 million in revenue by 2027. The acquisition includes primarily stock-based consideration and promises a strengthened balance sheet.