Lazard Closes $575 Million Campbell Lutyens Purchase Launching Lazard CL
Lazard completed its acquisition of Campbell Lutyens and launched Lazard CL as its third global business on November 2, 2026, the firm announced from New York and London. The transaction was first announced on April 30, 2026, when Lazard said it had entered a definitive agreement to acquire the private markets advisor. Total consideration of approximately $575 million is payable in part at closing and in part two years following closing, with both tranches including portions subject to lock-up…