{"id":865314,"date":"2025-07-01T01:53:07","date_gmt":"2025-07-01T05:53:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lazard-welcomes-klaus-h-hessberger-as-managing-director-and-global-co-head-of-financial-sponsors-group\/"},"modified":"2025-07-01T01:53:07","modified_gmt":"2025-07-01T05:53:07","slug":"lazard-welcomes-klaus-h-hessberger-as-managing-director-and-global-co-head-of-financial-sponsors-group","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lazard-welcomes-klaus-h-hessberger-as-managing-director-and-global-co-head-of-financial-sponsors-group\/","title":{"rendered":"Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLazard, Inc. (NYSE: LAZ) today announced that Klaus H. Hessberger has been appointed to the firm as Managing Director, Global Co-Head, and Head of Europe for Lazard\u2019s Financial Sponsors Group, based in London.<\/p>\n<p>\nAdam Cady, previously Lazard\u2019s Head of Large-Cap Financial Sponsor Coverage North America in New York, has also been named Global Co-Head of the Global Financial Sponsors Group, running the team together with Klaus.<\/p>\n<p>\nThese appointments reflect Lazard\u2019s expanding connectivity and partnership with alternative asset managers, which continues to be a principal area of focus and a major source of future growth for the firm globally. Lazard\u2019s recruiting efforts are also a key contributor to the firm\u2019s long-term growth goals, with ongoing success in attracting top tier talent globally.<\/p>\n<p>\n\u201cKlaus is a recognised leader in the global financial sponsor community with an impressive track record of advising global alternative asset managers and leading teams of highly experienced industry professionals,\u201d said Peter R. Orszag, CEO and Chairman. \u201cTogether with Adam, who has played a pivotal role in managing Lazard\u2019s relationships with the world\u2019s largest alternative asset managers, we are well-positioned to further advance our market-leading offering to financial sponsor clients in Europe and globally.\u201d<\/p>\n<p>\n\u201cI\u2019m thrilled to join Lazard, a firm with a rich history and an unparalleled reputation for excellence in advising financial sponsor and corporate clients around the world. Lazard\u2019s leading global industry, sector and product platform and innovative approach ensure the firm\u2019s clients succeed in an increasingly complex investment landscape. Working alongside Adam and the talented team, I\u2019m excited to build on Lazard\u2019s strong foundations and deliver meaningful results for our clients,\u201d said Klaus H. Hessberger.<\/p>\n<p>\nBefore joining Lazard, Klaus held various prominent roles over 25 years with J.P. Morgan, helping to build and co-running their market-leading European and later Global Financial Sponsors franchise, initially as European and later Global Co-Head. Klaus has most recently served as Vice Chair of the Global Financial Sponsors and Strategic Investors Coverage Group at J.P. Morgan.<\/p>\n<p>\nIn these roles, Klaus covered top-tier global financial sponsor and strategic investor clients, including private equity and infrastructure funds, family offices, sovereign wealth and pension funds. In addition to his Financial Sponsor track record, Klaus brings a broad range of global industry sector and capital markets expertise, having previously co-run J.P. Morgan\u2019s Equity Capital Markets origination business in EMEA for nine years.<\/p>\n<p>\nAdam Cady has nearly three decades of experience in investment banking and capital markets. Prior to joining Lazard\u2019s New York office in February 2024, Adam held various senior positions at Bank of America, departing as Managing Director and Head of Americas Financial Sponsors Group. He started his career as a leveraged finance professional at Merrill Lynch and NationsBank.<\/p>\n<p><b>About Lazard<\/b><\/p>\n<p>\nFounded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FLazard.com&amp;esheet=54283902&amp;newsitemid=20250630889713&amp;lan=en-US&amp;anchor=Lazard.com&amp;index=1&amp;md5=076659572df8b4230491d8b48184fce9\">Lazard.com<\/a> and follow <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Flazard%2F&amp;esheet=54283902&amp;newsitemid=20250630889713&amp;lan=en-US&amp;anchor=Lazard+on+LinkedIn&amp;index=2&amp;md5=6c27a8898b8f937a8bdfa8dd414f6eca\">Lazard on LinkedIn<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250630889713r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250630889713\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250630889713\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contacts<\/p>\n<p>\nPoppy Trowbridge<br \/>\n<br \/>+44 020 7187 2065<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Poppy.Trowbridge@lazard.com\">Poppy.Trowbridge@lazard.com<\/a><\/p>\n<p>\nJessica Francisco<br \/>\n<br \/>+1 212 632 6571<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jessica.Francisco@lazard.com\">Jessica.Francisco@lazard.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Consulting Professional Services Other Professional Services Asset Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250630889713\/en\/321261\/3\/Lazard_Corporate_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group LONDON&#8211;(BUSINESS WIRE)&#8211; Lazard, Inc. (NYSE: LAZ) today announced that Klaus H. Hessberger has been appointed to the firm as Managing Director, Global Co-Head, and Head of Europe for Lazard\u2019s Financial Sponsors Group, based in London. Adam Cady, previously Lazard\u2019s Head of Large-Cap Financial Sponsor Coverage North America in New York, has also been named Global Co-Head of the Global Financial Sponsors Group, running the team together with Klaus. These appointments reflect Lazard\u2019s expanding connectivity and partnership with alternative asset managers, which continues to be a principal area of focus and a major source of future growth for the firm globally. Lazard\u2019s recruiting efforts are also &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lazard-welcomes-klaus-h-hessberger-as-managing-director-and-global-co-head-of-financial-sponsors-group\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-865314","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lazard Welcomes Klaus H. 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Hessberger has been appointed to the firm as Managing Director, Global Co-Head, and Head of Europe for Lazard\u2019s Financial Sponsors Group, based in London. Adam Cady, previously Lazard\u2019s Head of Large-Cap Financial Sponsor Coverage North America in New York, has also been named Global Co-Head of the Global Financial Sponsors Group, running the team together with Klaus. These appointments reflect Lazard\u2019s expanding connectivity and partnership with alternative asset managers, which continues to be a principal area of focus and a major source of future growth for the firm globally. Lazard\u2019s recruiting efforts are also &hellip; Continue reading &quot;Lazard Welcomes Klaus H. 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