Lazard, the independent investment bank headed by Bruce Wasserstein, is quietly planning an assault on the UK and western Europe´s buy-out market with plans to increase significantly its presence in private equity, said the Financial Times in an unsourced report.
The investment bank´s London office is understood to have poached two senior private equity figures to head the new operation. Graham Keniston-Cooper joins from Cinven, the UK-based buy-out firm, and Victor Vadaneaux comes in from Advent International, said the paper.
The bank is thought to be keen to recruit one more senior figure for private equity and could look at adding more junior people later in the year, it added.
Source: Freeman News