Lazard announced that Glenn Porritt has joined the firm as a managing director and head of Singapore investment banking.
Porritt joins the company from ANZ where he was head of Asian M&A. He joined ANZ’s London office in 1997, moving to Singapore in 1999 to establish ANZ’s M&A business in Asia. Prior to this he spent four years in the corporate finance division of KPMG Hong Kong. -Business Wire
Lazard announced that Mark Renton has joined the firm as a managing director, financial advisory, focused on international oil and gas.
Renton is the former vice chairman, global energy at Citigroup. -Business Wire
Lazard announced that Noah Bulkin has joined the firm as a managing director, financial advisory.
Bulkin will advise large-cap UK companies across a range of sectors on mergers, acquisitions and corporate strategy.
Bulkin joins Lazard from Bank of America Merrill Lynch where he was a managing director in the Europe, Middle East and Africa M&A team. -Business Wire
Lazard has announced that it has expanded its chemical deals team with the addition of Atish Basu. He is to be based in New York.
Basu comes to Lazard from Credit Suisse Group AG. -Global Banking News
Lazard announced that Ranjit Munro has joined the firm’s financial advisory business as a managing director in the debt advisory group, effective immediately. She will be based in London.
Munro will work alongside Michael Grayer, head of debt advisory in London, as well as globally with colleagues across the firm’s capital markets advisory business.
Munro joins Lazard from Rothschild, where she was a managing director in debt advisory. -Business Wire
Lazard announced that Richard Whitney has joined the firm as a managing director and global co-head of the chemicals group, financial advisory.
Whitney will co-lead Lazard’s chemicals group alongside Alasdair Nisbet in London.
Whitney was previously global co-head of chemicals at Credit Suisse, where he served for more than ten years, and previously advised on transactions in industrials.
Lazard announced that James M. Spencer has joined the firm as a managing director in the financial institutions group advisory, effective immediately. He will be based in New York.
Spencer joins from UBS where he was a managing director and head of US banks in its investment banking division’s financial institutions group, and led M&A, restructuring, and equity and debt transactions. -Business Wire
Lazard announced that Gary D. Howe has joined the firm as a managing director and head of financial institutions group (FIG) advisory, North America, effective immediately. He will be based in New York.
Howe was previously co-head of FIG Americas at UBS. He joined UBS in 2005 after nine years at Credit Suisse First Boston. He has worked on a wide range of strategic financial institution transactions, including mergers and acquisitions, capital raisings and restructurings. -Business Wire
Lazard announced that Peter C. Kuo has joined the firm as a managing director and head of equity capital markets advisory in Asia, effective immediately. He will be based in Hong Kong.
Kuo most recently served as a managing director of Cowen and Company. -Business Wire
Lazard announced that Yan Lan has joined as a managing director and head of Greater China investment banking, effective April 2011.
Based in Beijing, Yan joins Lazard from Gide Loyrette Nouel, where she was an advisor on mergers and acquisitions and foreign direct investment projects in China, and was a partner in charge of the Beijing office for the past twelve years. -Business Wire
Lazard announced that Gerald Rosenfeld will join as strategic advisor to the firm and as a vice chairman of US investment banking, effective March 1, 2011. Mr. Rosenfeld, based in New York, most recently served as deputy chairman of Rothschild North America. He was a managing director and head of US investment banking at Lazard for six years in the 1990s. Mr. Rosenfeld served as chief executive officer of Rothschild North America from 1999 until 2007. Previously, he was president of G. Rosenfeld, an investment banking firm he founded in 1998. Prior to joining Lazard in 1992, Mr. Rosenfeld held management positions at Bankers Trust , Salomon and its Salomon Brothers subsidiary, and McKinsey. -Business Wire
Lazard announced that Youngbum Kwon has joined as a managing director and head of Korean investment banking, effective immediately.
Based in Seoul, Kwon joined the company from Deutsche Bank, where he was a managing director and head of M&A for Korea, Hong Kong and Taiwan. -Business Wire
Lazard announced that it has appointed Naguib Kheraj to the new position of chief executive officer of Lazard International, and as a deputy chairman of the firm, effective January 1, 2011.
Kheraj, based in London, will serve as a senior member of the global financial advisory management team and will take a leadership role in advising large corporates, financial institutions and sovereign funds in Europe, the Middle East and Africa.
Kheraj was until recently chief executive officer of JPMorgan Cazenove. He was previously a director and member of the group executive committee of Barclays, where he served in a number of senior roles over a period of 10 years including group finance director and various business line management positions in wealth management, institutional asset management and investment banking. -Business Wire
Lazard announced that Jim Rossman has been added as a managing director in the power, energy, and infrastructure investment banking group, effective immediately. He will be based in New York.
As managing director, Rossman will focus on Lazard’s alternative energy efforts.
Rossman, 47, has 20 years of capital markets and advisory experience. He joins from Macquarie Group where he was a senior managing director and U.S. head of equity capital markets, advising a diverse set of companies and investors on financing transactions involving alternative energy and related businesses, including wind and solar developers and equipment manufacturers, smart grid, electric vehicles and batteries, both in North America and Asia.
Lazard also announced that it has added Francois Kayat and Pierre Tattevin as managing directors. They will be based in Paris.
Kayat and Tattevin both have extensive mergers and acquisitions experience in France and internationally.
Kayat was previously managing director at Credit Agricole CIB (Calyon), and head of investment banking. He formerly worked at Kleinwort Benson, and then at Credit Suisse where he was head of mergers and acquisitions in France before becoming joint director of the bank’s investment banking business in France. He subsequently became chairman of mergers and acquisitions for Credit Suisse in Europe.
Tattevin was previously managing director at Rothschild & Cie for ten years where he played an active part in developing the firm’s domestic and international financial advisory and M&A businesses. After two years as corporate lawyer with Cleary Gottlieb in Paris and New York, he joined Lazard in 1982 and became a managing director in 1995, before moving to Rothschild in 2000. -Business Wire
Lazard announced that Masato Marumo has joined the firm as a managing director, investment banking, effective immediately.
Marumo, who is based in Tokyo, will work closely with Yasu Hatakeyama, president and CEO of Lazard Freres.
Marumo joins the firm from the Carlyle Group where he spent ten years, most recently as a partner as well as a managing director of Carlyle Japan Partners. -Business Wire
Lazard announced that Jonathan Turnbull has joined as a managing director in the power, energy, and infrastructure investment banking group, effective immediately. He will be based in New York.
Mr. Turnbull joins from Citigroup where he was a managing director and global head of its infrastructure group in investment banking. -Business Wire
Lazard announced that it has appointed Marc H. Katz as a managing director in the global telecommunications, media and technology (TMT) investment banking group, effective immediately. He will be based in New York.
Mr. Katz joins Lazard from Bank of America Merrill Lynch, where he was a managing director in the mergers and acquisitions group and advised on media and telecommunications transactions. Prior to joining Bank of America Merrill Lynch in 2008, he was a media and telecom investment banker at Lehman Brothers for ten years. He began his career in 1993 as a corporate lawyer at Weil, Gotshal & Manges. -Business Wire
Lazard announced that Thomas R. Suozzi, former Nassau County executive in New York, will serve as a senior advisor to the firm, effective immediately.
Mr. Suozzi, based in New York, will work in conjunction with Lazard as it advises infrastructure companies and governments in matters relating to financial transactions and public-private partnerships in the US.
Before being elected Nassau County executive in 2001, Mr. Suozzi, 47, an attorney and certified public accountant, was mayor of the city of Glen Cove, New York for eight years. Prior to holding public office, he was an attorney at Shearman & Sterling and an auditor at Arthur Andersen. -Business Wire
Lazard announced that Robert Hingley is joining the firm’s financial advisory business as a managing director, effective April 26, 2010. He will also lead the UK financial institutions group alongside Will Samuel, vice chairman of Lazard in London.
Mr. Hingley joins Lazard in London having spent the past two years as director general of the UK Takeover Panel. Prior to becoming director general of the Takeover Panel in 2007, Mr. Hingley, age 49, spent three years with Lexicon Partners as a vice chairman. He began his investment banking career at Schroders in 1985 and, during his eighteen year career there and at successor firm Citigroup, he held a number of senior positions including as co-head of the global financial institutions group and head of German investment banking.
Lazard announced that Brian D. O’Neill has joined the firm as a vice chairman of Lazard International, effective immediately. He is based in New York.
Mr. O’Neill, most recently a deputy assistant secretary with the U.S. Treasury Department, is a former head of investment banking for Latin America and Canada at J.P. Morgan Chase where his career spanned 30 years. -Business Wire
Lazard announced that Jeffrey H. Cohen, a leading retail industry investment banker, has joined the firm as a managing director and global head of retail, effective immediately. Mr. Cohen, based in New York, most recently served as the Global Head of UBS’s Retail Group.-Business Wire
Lazard has announced that Charles Foreman will join the firm as a managing director for UK capital markets advisory and mergers and acquisitions team, effective December 2, 2009.
Mr. Foreman, who will be based in London, will join Lazard from Deutsche Bank, where he was a managing director in the UK coverage team. He will be a senior member of the capital markets advisory team in London led by Paul Gismondi, working closely with colleagues in the restructuring and debt advisory businesses. He also will serve as a senior member of the UK mergers and acquisitions (M&A) team. -Datamonitor NewsWire
Lazard announced that Tom Tuft will join as chairman, global capital markets advisory, and a vice chairman, US investment banking in November 2009. Mr. Tuft will join Lazard from Goldman Sachs where he most recently served as chairman of its equity capital markets group.-Business Wire
Lazard has announced that Jack Lentz will join the firm as chairman, international oil & gas, effective June 10, 2009. Lentz had previously served as the head of Lehman Brothers’ worldwide energy practice. Lentz has served as a director of Peabody Energy Corporation for 11 years, is the non-executive chairman of Rowan Companies and is a director of CARBO Ceramics.
Lazard also announced that it has hired Thaddeus Shelly to lead a newly formed private wealth management subsidiary of Lazard Group, effective immediately. In his new role based in New York, Shelly will initially focus on the firm’s private wealth management effort in the US. He has joined Lazard from Bessemer Trust, where he was a senior managing director and regional head of the Mid-Atlantic, South and Southeast regions.
Lazard announced that George H. ‘Woody’ Young III will join the firm as head of Global Telecommunications and a vice chairman, US Investment Banking, effective July 6. Mr. Young will be based in New York. During his career, Mr. Young has advised on major transactions for the world’s largest telecommunications companies, including Cingular on its $41 billion merger with AT&T Wireless, SBC on its $22 billion merger with AT&T, AT&T on its $89 billion merger with BellSouth, U S WEST on its $56 billion merger with Qwest Communications, Sprint on its $47 billion merger with Nextel, CenturyTel on its $12 billion acquisition of EMBARQ and Verizon’s divestitures of its Latin American and Caribbean businesses. Mr. Young, 50, was most recently global head of Technology, Media and Telecommunications Investment Banking at Merrill Lynch. -Business Wire
Lazard announced that Jack Lentz will join the firm as chairman, international oil & gas, effective June 10. Mr. Lentz had previously served as the head of Lehman Brothers’ worldwide energy practice. Mr. Lentz has served as a director of Peabody Energy Corporation for 11 years, is the non-executive chairman of Rowan Companies and is a director of CARBO Ceramics.
Lazard also announced that it has hired Thaddeus Shelly to lead a newly formed private wealth management subsidiary of Lazard Group, effective immediately. Mr. Shelly, who will be based in New York, will initially focus on the firm’s private wealth management effort in the U.S. He has joined Lazard from Bessemer Trust, where he was a senior managing director and regional head of the Mid-Atlantic, South and Southeast Regions. Mr. Shelly, 55, has worked in private wealth management for the past 25 years. Prior to joining Bessemer Trust, he founded and led the private client services ultra high net worth business at Legg Mason, where he worked for six years. Mr. Shelly began his career at Goldman Sachs, spending eight years in its private wealth management business. -Business Wire
Lazard Middle Market hired Douglas Brown and Alexander Chefetz as managing directors, specializing in the healthcare, and consumer and retail industries, respectively.
Lazard Middle Market announced that it has hired Douglas Brown and Alexander Chefetz as managing directors, specializing in the healthcare, and consumer and retail industries, respectively. Mr. Brown, 39, has joined Lazard Middle Market in Charlotte, and is focusing on healthcare services M&A and capital markets advisory, including IPOs and follow-on offerings. He will also work closely with Lazard’s global healthcare team.
For the past eight years Mr. Brown was a managing director in Wachovia Securities’ healthcare investment banking group. Mr. Chefetz, 46, is based in Lazard Middle Market’s New York office and specializes in financing and mergers and acquisitions advisory for consumer product companies and retailers. He has extensive experience advising clients on private placements, IPOs, PIPEs, follow-on offerings and convertibles. Mr. Chefetz recently joined Lazard Middle Market after nearly 10 years at Thomas Weisel Partners where he was a managing director, co-head of the consumer investment banking group and a founding partner of the firm.-Business Wire
Lazard announced that it has named Antonio Weiss as global head of mergers & acquisitions, effective immediately, where he will, among other responsibilities, help lead the firm’s major global client efforts. Mr. Weiss, 42, joined Lazard in New York in 1993 and became a managing director in 1999. Since 2006, he has served as a vice chairman of European investment banking. Mr. Weiss has advised on transactions in a broad range of industries and geographies including for such clients as Anheuser-Busch InBev, Nestle, KKR, CSN, SCM, Fiat and ITT.-Business Wire
Lazard announced that Alexander Doll will join the firm as a managing director in its financial advisory business in Germany. Mr. Doll will join Lazard in May after eight years with UBS in Germany, where he has advised the public sector and European companies on transactions in the transport, logistics, infrastructure, consumer and retail industries.
Based in Frankfurt, Mr. Doll will focus on Lazard’s investment banking efforts in Germany, and Central and Eastern Europe. Mr. Doll will work closely with Ernst Fassbender, Lazard’s head of investment banking in Germany, and other senior members of the firm’s financial advisory business across its global network.-Business Wire
Lazard announced that Timothy R. Pohl will join the firm’s financial advisory business as a managing director in its restructuring group, effective January 7, 2009. Mr. Pohl, who will be based in Chicago, currently is global co-leader of the 100-plus attorney corporate restructuring practice of Skadden, Arps, Slate, Meagher & Flom. By joining Lazard, Mr. Pohl, age 42, will conclude a 10-year career with Skadden, where he helped build and lead its corporate restructuring team. Prior to Skadden he was in the restructuring practice at Jones Day for eight years.-Business Wire
Lazard announced that Fabrizio Cesario and Frederic Legmann will join the firm in January 2009, as managing directors in the financial institutions group. Messrs. Cesario and Legmann, who are based in London, were formerly members of Lehman Brothers’ Financial Institutions investment banking team. Mr. Cesario joins the firm after thirteen years with Lehman Brothers where he advised on many major transactions, including the acquisition of Banca Antonveneta by ABN Amro; the merger of HVB and Unicredit; the acquisition of branches of Unicredit by BPM; the merger of BCI and Banca Intesa; the acquisition of Toro Assicurazioni by De Agostini; the disposal of Unicredit’s custodian business; and the mergers of Capitalia with Bipop-Carire and with Banco di Sicilia.
Mr. Legmann joined Lehman in 2007 after thirteen years at Goldman Sachs and Merrill Lynch. He has advised on a number of major transactions including the sale of Dresdner to Allianz; the sale of Credit Lyonnais to Credit Agricole; the merger of BBV and Argentaria; the merger of Paribas with BNP; BNP Paribas’ sale of Banque Directe to AXA and its acquisition of Cofinoga; and Credit Mutuel’s acquisition of Citibank Deutschland.-Business Wire
On November 17, 2008, Alexander F. Stern was named as chief operating officer of Lazard and Lazard Group. Mr. Stern has served as a managing director of Lazard since January 2002 and as the firm’s global head of strategy since February 2006. Mr. Stern previously served as a vice president from January 1998 to December 2000 and as a director from January 2001 to December 2001. Mr. Stern initially joined Lazard in 1994.-SEC Form 8k
Lazard announced that George Bilicic will rejoin the firm as chairman of the power, utilities and infrastructure sector and as a senior member of the firm’s North American financial advisory business, effective immediately. Mr. Bilicic, 45, rejoins Lazard from KKR, where he had been hired to be a managing director and head of infrastructure. Mr. Bilicic originally joined Lazard as a managing director in 2002. Under his leadership, Lazard built a leading power & energy franchise, advising on a large number of transactions in the utilities and alternative energy industries.-Business Wire
Lazard announced that Spiro Youakim has joined the firm as a managing director and a senior member of the firm’s global metals & mining financial advisory team. Based in London, Mr. Youakim joined Lazard from Citigroup, where he was a managing director and head of European metals & mining investment banking. Mr Youakim, 40, recently advised on a number of major transactions, including Mittal Steel’s acquisition of Arcelor; Severstal’s acquisitions of Rouge Steel and Lucchini and its equity offering in November 2006; Gerdau’s acquisition of Quanex; and the sale by Anglo American of Highveld Steel & Vanadium to Evraz.-Business Wire
Lazard announced that Marcel Herter has joined the firm as a managing director and head of debt advisory in Germany, effective August 1. Mr. Herter joins Lazard from Dresdner Kleinwort, where he was head of leveraged finance for Germany, Austria and Switzerland. Based in Frankfurt, Mr. Herter will provide debt advisory services in the German-speaking countries.
With the hire of Mr. Herter, Lazard continues to expand its pan-European debt advisory capabilities following the recent hire of Michael Grayer as head of debt advisory in London. Mr. Herter will work closely with Mr. Grayer and other senior members of the debt advisory practice across Lazard’s European network, as well as with Richard Stables, European head and global co-head of restructuring.
Lazard Middle Market (LMM) announced that it is bolstering its middle market financial advisory efforts in the U.S. Joining the firm as LMM managing directors, effective immediately, are Robert Frost, a middle-market advisor in M&A from Piper Jaffray; Andrew Samett from Bear Stearns, who will co-head LMM’s distressed advisory and restructuring practice with LMM Managing Director Andrew Torgove; and Scott J.R. Smith from Wachovia Securities M&A Group, who will lead LMM’s new Southeast office in Charlotte, North Carolina.
In addition, LMM Managing Director Robin Engelson was recently named to head LMM’s private placement practice. Mr. Samett will be based in LMM’s New York office, Ms. Engelson and Mr. Frost will be based in the firm’s Minneapolis office.-Business Wire
Lazard announced that Wouter Gabriels is joining the firm as a managing director in investment banking in Europe, effective September 1, 2008. Mr. Gabriels was until recently the president of the Chancery and chief of staff of Prime Minister Guy Verhofstadt’s office in Belgium. He will work primarily out of France and Belgium, and will focus on European and cross-border mergers and acquisitions.
The addition of Mr. Gabriels follows a number of recent strategic developments made in Lazard’s European investment banking business, including the hiring of former IMF head and Spanish Finance Minister Rodrigo de Rato as Senior Managing Director; Ken Costa, chairman of Lazard International and co-head of UK investment banking; and the hiring of managing directors in debt advisory, transport and logistics, among others.-Business Wire
Lazard announced that Michael J. Richter and William F. Farmer will join the firm as managing directors and co-heads of Lazard’s U.S. aerospace & defense investment banking group, effective July 9, 2008. They will join Lazard from Jefferies Quarterdeck, the aerospace and defense unit of Jefferies, where they were co-presidents. Mr. Richter will join Lazard’s Los Angeles office and Mr. Farmer will be based out of Lazard’s new Washington, D.C. office. Both markets are key North American hubs for the aerospace and defense industries. With more than 20 years each of direct industry and investment banking experience, Messrs. Richter and Farmer have led many investment banking transactions in the Aerospace & Defense, government IT and homeland security sectors, worth more than $25 billion in value. These include the recent sales of Scitor Corporation to Leonard Green & Partners and Essex Corporation to Northrop Grumman Corporation.-Business Wire
Lazard Asset Management has hired Henry Choon as managing director, business development and marketing for Asia. Lazard Asset Management Hong Kong will mark the firm’s fourth asset management office within Asia and the Asia Pacific region. LAM currently operates out of Seoul, Tokyo and Sydney, in addition to its offices in Europe and North America. The firm has recently applied for a license to operate in Hong Kong with the Securities and Futures Commission.
Mr. Choon also will lead the opening of a Hong Kong office as the firm continues to expand its Asian asset management business. He will work closely with Robert Prugue, a senior managing director and head of Asia Pacific for LAM in the firm’s asset management efforts in Asia. -Business Wire
