Lazard & Elaia: New Tech Investment Platform

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Lazard and Elaia Partners have formed a strategic partnership to establish a leading European technology company investment firm. This collaboration aims to provide support to tech companies at all stages, from seed funding to going public. The partnership involves the creation of Lazard Elaia Capital (LEC), a new asset management company based in Paris, with Lazard and Elaia Partners owning 75% and 25% respectively. Xavier Lazarus from Elaia Partners will lead LEC, which will focus on providing capital to late-stage and growth equity tech leaders in Europe. As part of the partnership, Lazard has acquired a minority stake in Elaia Partners, with the option to acquire full ownership in the future. Additionally, a new fund focused on Europe is planned to be launched by 2025, pending regulatory approval. Both Lazard and Elaia Partners are optimistic about the positive impact and growth opportunities this partnership will bring to the European technology ecosystem. It is important to note that this partnership is subject to regulatory approval and AMF registration. Lazard, founded in 1848, is a well-established financial advisory ...
... and asset management firm with a global presence. Lazard Asset Management, a subsidiary of Lazard, currently manages approximately $250 billion of client assets worldwide. Elaia Partners is a highly regarded European venture capital firm that invests in technology disruptors with global ambitions.

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