Lazard has recruited Courtney Haydon from Guggenheim Securities as Managing Director to enhance its private equity and alternative asset management dealmaking capabilities, according to a report by Reuters.
The report cites an unnamed source familiar with the matter as revealing that Haydon will join Lazard’s financial sponsors coverage group in the coming months.
The move is part of a broader recruitment strategy by Lazard aimed at increasing its business with buyout firms. This year, the firm added nine managing directors, including Adam Cady from Bank of America, to lead large-cap financial sponsor coverage in North America, as well as former Citigroup banker Ali Syed, to focus on sovereign wealth funds and pension funds.
At Guggenheim, Haydon was a senior managing director specialising in financial sponsor investment banking. Her prior experience includes roles at SL Green Realty and Bank of America, according to her LinkedIn profile.