Lazard completes acquisition of Campbell Lutyens to form Lazard CL
Investment firm Lazard has finalized its acquisition of Campbell Lutyens, launching a new division, Lazard CL, focused on private capital advisory services.
Lazard, Inc. has officially closed its acquisition of Campbell Lutyens, an deal first announced in April 2026. The integration marks the launch of Lazard CL, a dedicated unit providing advisory services for private capital, including primary fundraising and secondary market transactions.
The new division combines Lazard’s existing advisory reach with Campbell Lutyens' specialized expertise. With a global presence spanning 19 offices and over 300 advisors, Lazard CL aims to provide end-to-end support for financial sponsors and institutional investors, addressing the growing complexity of liquidity solutions and fund formations.
Lazard CEO Peter Orszag stated that the move is part of the firm's broader 'Lazard 2030' strategy, intended to diversify revenue streams and expand its suite of client services. Lazard CL plans to utilize proprietary data sets and the firm's existing AI capabilities to offer more precise investor targeting and benchmarking.
Co-CEOs Gordon Bajnai and Holcombe Green will lead the new unit. The firm positions Lazard CL as an independent advisory platform designed to operate across the entire private equity lifecycle, including private credit, real estate, and infrastructure assets.