Key Takeaways
- • Patrick No, who oversees Lazard's secondary advisory and primary fundraising activities in Asia-Pacific, is understood to be leaving the bank.
- • The departure is linked to a reshuffle of Lazard's APAC advisory leadership following the bank's acquisition of Campbell Lutyens.
- • The primary source is a paywalled Private Equity International article, so the scope of the reshuffle and any successor appointments could not be independently confirmed.
Summary
The changes follow Lazard's acquisition of Campbell Lutyens, the London-based placement and advisory firm focused on private markets fundraising and secondaries. Integrating the Campbell Lutyens business into Lazard's regional structure is the apparent driver of the leadership changes.
The available text does not specify the transaction value, the timing of the deal close, or the names of any replacement executives or the new reporting structure. Readers seeking those details should consult the full Private Equity International article, which is behind a registration wall.
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