Campbell Lutyens

What Campbell Lutyens does

Campbell Lutyens is the largest independent private capital advisory firm globally, founded in London in 1988 and operating today from 15 offices across North America, Europe, Asia Pacific, and the Middle East with 335 professionals. The firm advises General Partners and institutional Limited Partners across four core service lines: fund placement (primary fundraising), secondary advisory (LP portfolio sales, GP-led continuation vehicles, and structured secondaries), GP capital advisory (minority stakes, GP M&A, valuations, and succession), and sustainable investing advisory. It has raised or advised on more than $791 billion across private equity, infrastructure, and private credit over its 38-year history, including over $175 billion in secondary advisory transactions and 386+ secondary mandates.

The business model is professional services fee-based, with revenue generated through transaction success fees on primary fund placements, secondary advisory mandates, and bespoke GP capital advisory engagements, supplemented by retainer-style advisory arrangements. Distribution is direct and senior-led: a global distribution team of 60+ professionals maintains relationships with 2,000+ institutional LPs. The firm is wholly team-owned and FCA, FINRA/SEC, SFC, MAS, ACPR, and DFSA regulated across its UK, US, Hong Kong, Singapore, French, and Dubai entities.

On April 30, 2026, Lazard, Inc. announced a definitive agreement to acquire Campbell Lutyens for approximately $575 million plus up to $85 million in performance-based earnouts, creating Lazard CL as Lazard's third global business. The combined entity is expected to generate approximately $500 million in 2027 revenue and operate with over 280 advisory professionals across 18 offices, with Campbell Lutyens CEO Gordon Bajnai and Lazard's Holcombe Green appointed as Co-CEOs and Andrew Sealey as non-executive Chairman.

Name

Campbell Lutyens

Legal name

Campbell Lutyens & Co. Ltd

Website

https://campbell-lutyens.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Short description

Campbell Lutyens is the largest independent private capital advisory firm globally, advising private equity, infrastructure, and private credit fund managers and institutional investors on fund placement, secondary transactions, and GP capital advisory from 15 offices worldwide.

Ownership category

akta.pro rank

Product category

Private Capital Advisory

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

Keywords

• Private capital advisory
• Fund placement services
• Secondary advisory
• GP capital advisory
• Infrastructure fundraising

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Advisory and Placement Fees: Campbell Lutyens generates revenue through advisory fees for fund placement, secondary advisory, and GP capital advisory services. These are typically transaction-based fees or retainer arrangements for ongoing advisory mandates.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Campbell Lutyens is an independent private capital advisory firm that advises private equity, infrastructure, private credit, and sustainable investing fund managers on fund placement, secondary advisory, and GP capital advisory mandates. The firm operates a global distribution team of 60+ professionals covering 2,000+ institutional LP relationships, having raised and advised on more than $791 billion in fund placement, secondary advisory and GP capital advisory assignments over 38 years.

Product overview

Campbell Lutyens is a leading global and independent private capital advisory firm offering a tailored combination of advisory services across private equity, private credit, and infrastructure. The firm operates four core service lines: Fund Placement (primary fundraising for private capital funds), Secondary Advisory (LP and GP-led secondary transactions), GP Capital Advisory (strategic advice on stakes and M&A for fund managers), and Sustainable Investing Advisory (ESG and impact-focused capital formation). The company utilizes a data-led advisory approach combining market insights with global relationships. On April 30, 2026, Lazard announced the acquisition of Campbell Lutyens to form Lazard CL, a combined entity that will operate as Lazard's third global business, integrating both firms' private capital advisory capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Placement Global placement agent services for private equity, private debt and infrastructure fundraisings, covering the full fundraising process from pre-mandate analysis and due diligence through marketing strategy execution to securing fund commitments. Target audience: private capital fund managers (GPs) seeking to raise capital from institutional investors.
• Secondary Advisory

Quantifiable outcome

• $713 billion raised and advised over 10 years across private equity, private credit and infrastructure
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered flagship and core.

• LazardflagshipStrategic or Co-development Partner · 30 April 2026Lazard, Inc. has entered into a definitive agreement to acquire Campbell Lutyens for approximately $575 million, creating a new unit called Lazard CL that will become Lazard's third global business. The combined entity will form the leading private capital advisory platform globally, with over 280 advisory professionals across 18 offices and estimated combined 2027 revenue of approximately $500 million. Gordon Bajnai (Campbell Lutyens CEO) and Holcombe Green (Lazard) appointed as Co-CEOs of Lazard CL.
• J.P. MorgancoreStrategic or Co-development PartnerStrategic collaboration announced in 2023 for continuation vehicle transactions. Campbell Lutyens and J.P. Morgan have co-executed multiple secondary advisory transactions including the Meridiam €2.2bn multi-asset vehicle (sixth joint project).

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Morgan Stanley: Morgan Stanley is a global bulge bracket investment bank with significant private capital advisory and fund placement capabilities through its Investment Management division. As a much larger diversified bank, it competes with Campbell Lutyens on larger fund placement and secondaries mandates.
• PJT Partners: PJT Partners is a specialist investment bank focused on advisory and capital raising with a strong alternatives and private capital advisory franchise. It competes with Campbell Lutyens in private capital advisory and secondaries while offering broader restructuring and strategic advisory services.
• Jefferies: Jefferies is a global investment bank with a dedicated private capital advisory and secondaries practice. It competes with Campbell Lutyens in fund placement and secondary advisory, particularly for middle-market PE and credit funds, while offering broader capital markets services.
• Houlihan Lokey: Houlihan Lokey is a global investment bank with significant private capital advisory, fund placement, and secondaries capabilities. As a broader financial advisory firm with strong middle-market focus, it competes with Campbell Lutyens on placement and secondaries mandates while offering M&A and valuation services.
• Robert W. Baird: Robert W. Baird is a private, employee-owned financial services firm with private capital advisory capabilities including fund placement and secondaries advisory. As a similarly mid-size independent advisor with cross-border reach, it competes with Campbell Lutyens for placement mandates, particularly in middle-market PE.
• Lazard: Lazard is a global financial advisory and asset management firm that has agreed to acquire Campbell Lutyens to form Lazard CL. Lazard's existing private capital advisory group, combined with CL, will form the third largest global business at Lazard. Pre-acquisition, Lazard was both an indirect competitor and now the parent entity.
• Evercore: Evercore is a leading independent investment banking advisory firm with a significant private capital advisory practice. As a broader M&A and capital markets advisor with private fund placement and secondary advisory capabilities, it competes with Campbell Lutyens on larger mandates while offering a wider range of services.
• Moelis & Company: Moelis & Company is a global investment bank with a private capital advisory and fund placement practice. It competes with Campbell Lutyens on alternative asset manager advisory mandates while offering broader M&A and capital markets advisory services to corporate clients.

Direct peers

• Eaton Partners: Eaton Partners is one of the largest independent private fund placement agents and fund advisory firms globally, providing fund placement, secondary advisory, and GP capital advisory. It directly competes with Campbell Lutyens across all three core service lines with an overlapping client base of PE, credit, and infrastructure GPs and institutional LPs.
• Park Hill (Blackstone): Park Hill is Blackstone's fund placement and advisory business, providing placement agent services for alternative investment funds. As a placement agent within a major alternative asset manager, it directly competes with Campbell Lutyens for fund placement mandates, particularly for larger fundraises across PE, credit, and real assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/58451

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Campbell Lutyens