On 25 July we launched Lazard Capital Solutions, a global team focused on advising, coordinating, and executing the firm’s capital-raising and debt advisory solutions for our corporate, sponsor-owned, and alternative asset manager clients. Tim Donahue will serve as the global head of the team.
The new group will create solutions and address challenges around raising capital for our clients across the globe on meeting their financing needs, from debt to structured equity. The team will serve as a centralized point of contact for capital raises with our key investor clients and relationships such as financial sponsors, broad-based asset managers (GP and portfolio companies) and sovereign wealth funds.
“Establishing Lazard Capital Solutions underscores our commitment to capital raising – a strategic priority as we strengthen and expand coverage of our corporate, sponsor-owned and alternative asset manager clients,” said Peter Orszag, CEO-Elect, Lazard. “This approach will bolster our comprehensive range of capital-raising solutions, establish better communication between Lazard and our largest buyside clients and ensure market intelligence is collected and distributed expeditiously internally, where appropriate.”
Source: Lazard