Lazard
Global financial advisory firm providing independent strategic, capital-markets, restructuring and specialized advice to corporations, investors and governments.
- Highest 2026 tier: Tier I
- Global financial advisory and asset-management firm
- 3 Advisory Ranking categories
Overview
Lazard is a global financial advisory and asset-management firm founded in 1848. Its Financial Advisory business advises companies, boards, investors and governments on strategic and financial matters.
The Power, Energy & Infrastructure practice supports transactions involving utilities, energy transition and capital-intensive assets, while Lazard’s sovereign and public-sector experience is relevant to privatizations and nationally significant infrastructure.
Lazard is included in 3 2026 Advisory Ranking categories. The highest recorded classification is Tier I.
Firm facts
| Legal name | Lazard, Inc. |
| Founded | 1848 |
| Firm type | Global financial advisory and asset-management firm |
| Principal offices | New York, London, Paris, Frankfurt, Dubai, Hong Kong, Sydney |
| Primary focus | Strategic, capital-markets and infrastructure advisory |
| Chairman and chief executive officer | Peter R. Orszag |
| Highest 2026 Advisory Ranking tier | Tier I |
Principal activities
M&A and strategic advisory
Advice on acquisitions, sales, partnerships, activism and other strategic matters.
Capital markets and capital solutions
Independent advice on financing alternatives, capital structure and public or private capital.
Restructuring and specialized advisory
Liability management, restructuring, sovereign and other specialized advice.
Lazard works with clients on assignments that may combine strategy, specialist analysis, implementation support and organizational adoption. The precise scope depends on the mandate, sector, geography and client requirements.
Sector and mandate coverage
Sector coverage
- Power
- Energy
- Infrastructure
- Utilities
- Public sector
- Energy transition
Transaction and mandate types
- M&A
- Divestitures
- Capital solutions
- Restructurings
- Privatizations
- Strategic reviews
Market position
Lazard is positioned as a global financial advisory and asset-management firm. Its relevant market is defined more by specialist capabilities and transaction experience than by balance-sheet size alone.
Distinctive focus: Global independent advice with established sovereign, capital-markets and power-and-infrastructure capabilities.
Competitive context
Lazard competes with advisers whose services overlap in infrastructure sectors, client types, geographies and transaction structures. Relevant competitors can include investment banks, project-finance boutiques, transaction consultants and technical infrastructure advisers.
Comparable firms are selected according to overlap in business model, client segment, service coverage, geographic activity and mandate profile. Inclusion does not imply equivalence in scale, ranking or market position.
Leadership
| Person | Current position | Institutional background |
|---|---|---|
| Peter R. Orszag | Chairman and Chief Executive Officer | Executive leadership of Lazard |
| George Bilicic | Global Head of Power, Energy & Infrastructure | Global sector leadership |
| Brian McCabe | Head of North America Energy | Strategic transactions across energy sectors |
Leadership information reflects the public sources reviewed for this profile. View the firm’s website ↗
Corporate and regulatory information
Lazard conducts advisory activity through operating subsidiaries subject to regulation in their respective jurisdictions. Lazard, Inc. is the publicly listed parent company.
View registered-entity details
| Parent entity | Lazard, Inc. |
| Operating entities | Jurisdiction-specific Lazard subsidiaries |
| Regulatory status | Varies by entity and service |
| NYSE ticker | LAZ |
| Primary jurisdiction | United States |
Principal offices
- New York
- London
- Paris
- Frankfurt
- Dubai
- Hong Kong
- Sydney
Rankings and recognition
Ranking inclusion is editorially determined. The existence or maintenance of a Wiki profile does not influence ranking eligibility, tier or position.
Related Economy analysis
Selected Economy Markets articles providing context for the firm’s advisory environment:
- Middle-Market Private Equity: Returns, Scale and Manager Selection
- Private Equity Technology Due Diligence in the AI Era
- The Silent Reshuffle of the Advisory Market
Related institutions and subjects
Sources and data transparency
The profile is based on the following publicly available institutional, regulatory and editorial sources:
- Lazard — firm overview and business platform.
- Capital Markets Advisory — capital-markets services.
- Our people — current leadership.
- Advisory Ranking — Top 30 Real Assets & Infrastructure Advisory 2026 — inclusion and tier classification.
- Advisory Ranking — Top 30 Capital Markets Advisory 2026 — inclusion and tier classification.
- Advisory Ranking — Top 30 M&A Advisory Boutiques 2026 — inclusion and tier classification.
- Financial Advisory — advisory capabilities and service coverage.
- About Lazard — history and global business overview.
- Power, Energy & Infrastructure leadership — current sector leadership.
