Lazard completes $460 million Campbell Lutyens acquisition and launches Lazard CL private‑capital advisory unit
Lazard announced on 2 Nov 2026 that it closed its $460 million purchase of Campbell Lutyens and created Lazard CL, a new global private‑capital advisory platform. The combined business will be led by Gordon Bajnai and Holcombe Green and will operate with more than 300 professionals in 19 offices. Lazard said the unit is expected to generate roughly $500 million of revenue in 2027 and to be accretive to earnings from that year onward.
Why it matters
The company projects the new unit to boost its 2027 revenue to about $500 million and to add earnings accretion from 2027, which could improve Lazard’s top‑line growth and profitability outlook.
Key facts
- 1Lazard completed the acquisition of Campbell Lutyens for an initial $460 million, with a $115 million deferred payment and up to $85 million earn‑out. econotimes.com
- 2Lazard CL will have more than 300 advisory professionals across 19 offices. econotimes.com
- 3The platform will connect approximately 4,000 institutional investors through a team of more than 60 limited‑partner distribution professionals. econotimes.com
- 4Lazard expects Lazard CL to generate about $500 million in revenue in 2027 and to be accretive to earnings that year. pulse2.com
- 5Gordon Bajnai and Holcombe Green will serve as co‑chief executives of Lazard CL. dealstreetasia.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.