Lazard hires Bofa banker to strengthen the division of financial sponsors, says the source

(Reuters) -Use Bank Lazard, Bill Hart of America, a man focused on the coverage of the Bill Hart, the Department of Financial Sponsors, a person who is familiar on Thursday

Hart, who has a working experience with financial sponsors, will monitor large and medium-medium cap sponsors in the investment bank, which began in the autumn season.

Currently, managing director for financial sponsors – Private capital firms and other shopping funds – American resource management and investment section.

The action is suitable for the efforts of companies purchased and alternative assets to increase the share of Lazard’s private equity.

However, Lazard CEO Peter Orsag warned the call to the call to the conference in the last quarter that economic uncertainty could continue to reject the inspection.

In 2024, Lazard, Bank of America, North America’s large cover finance and Courtney Haydon, Courgenheim from Private Capital Firms and Alternative Active Managers, Used from Courtney Haydo.

The Investment Bank also hired the former Citigroup Deumaker High Syed to cover Sovereign Wealth Funds and Pension Funds last year.

(Report by Pritam Biswas in Bengaluru and Lily in New York; Adjusted by Leroy Leo)