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2 articles summarized · Last updated: LATEST

Last updated: April 30, 2026, 11:30 AM ET

Asset Management & Private Capital

Lazard pursuing diversification into specialized private capital advisory with its proposed $575 million acquisition of Campbell Lutyens, aiming to forge a new platform, Lazard CL, under the co-leadership of Gordon Bajnai and Holcombe Green. Separately, private equity firm Equis is initiating a management-led recapitalization process for its assets, a move that follows the fund's failed attempt last year to divest its Asia-Pacific renewable energy division amid market uncertainty.