Lazard Launches Lazard CL After Campbell Lutyens Acquisition

Lazard Inc. completed its acquisition of Campbell Lutyens and launched a new private capital advisory unit named Lazard CL. The transaction, which was first announced on April 30, 2026, was paid primarily in Lazard stock.

Lazard CL employs more than 300 advisory professionals across 19 global offices. The unit provides services in fund placement, primary fundraising, secondary advisory, and GP capital advisory across real estate, infrastructure, private credit, and private equity markets. The combined entity brings a track record of advising on more than $1 trillion in primary capital and secondary transaction volume.

Lazard expects the new business unit to generate approximately $500 million in combined revenue and become accretive to earnings in 2027. Gordon Bajnai and Holcombe Green have been appointed as Co-CEOs of Lazard CL.