Lazard UK Investment Banking Launches New Venture and Growth Banking Team
November 15 2019 - 03:30AM
Business Wire
– Appoints Garri Jones and Nick James as
Managing Directors –
Lazard Ltd (NYSE: LAZ) announced today that it has launched a
new team called Lazard Venture and Growth Banking and appointed
Garri Jones and Nick James as Managing Directors in its UK
Investment Banking business. Garri and Nick will join in January
from Numis where they ran a successful ventures practice.
Lazard’s Venture and Growth Banking team will focus on the
private growth equity and venture capital markets, connecting
growth businesses with its large global investor base. The team
will work closely with Lazard’s Capital Markets and sector M&A
teams as part of an integrated Investment Banking advisory
effort.
The team is in place as a response to and in anticipation of a
number of market factors that are driving the demand for and supply
of private capital. These include more companies across sectors
staying private for longer and a significant rise in larger,
later-stage deals that the growth equity market is funding. The
investor base for such deals is global, highly fragmented and
requires intermediation in order to ensure optimal outcomes for all
stakeholders.
The team will number ten people in total with nine in place by
the end of January 2020. They are a mix of experienced
entrepreneurs, bankers, data scientists and engineers. Today’s
announcement follows the appointment of Christopher Britton, who
joined as a Director in June, to focus on private capital
raising.
William Rucker, Lazard UK Chairman said, ‘’The team will build
on Lazard’s established public equity franchise and leverage
Lazard’s global network to provide companies with greater access to
capital markets and financial advisory advice throughout their life
cycle. Garri and Nick will bring a different perspective and set of
relationships that will broaden the firm’s access to global capital
providers and complement and strengthen our global advisory
capability.’’
Lazard’s Venture and Growth Banking team will focus on
connecting 100 selected high growth European companies across
different sectors and stages of the business life cycle with 400
active global investors. The team will host a three-day conference
in April 2020 that showcases this focus, bringing leading companies
and global investors together through a series of panel discussions
and bespoke investor and company meetings.
LAZ_FAPE
About Lazard
Lazard, one of the world’s preeminent financial advisory and
asset management firms, operates from 43 cities across 27 countries
in North America, Europe, Asia, Australia, Central and South
America. With origins dating to 1848, the firm provides advice on
mergers and acquisitions, strategic matters, restructuring and
capital structure, capital raising and corporate finance, as well
as asset management services to corporations, partnerships,
institutions, governments and individuals. For more information,
please visit www.lazard.com. Follow @Lazard
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version on businesswire.com: https://www.businesswire.com/news/home/20191115005037/en/
Media: Jenna Ward: +44 207 187 2305
Jenna.Ward@lazard.com
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