Allen & Overy has advised Lazard, a global leader in active asset management, on its entry into exclusive negotiations with Elaia Partners to form a strategic partnership and launch a private investment platform.
Based in Paris, the new joint asset management firm, together with Lazard and Elaia Partners, would aim to meet the capital needs of future French and European technology and deep tech leaders. With this new entity, Lazard and Elaia Partners would be in a position to support the companies at all stages of their development, from seed or early stage to their listing and life on financial markets.
The new joint effort would to be led by Xavier Lazarus, co-founder and managing partner of Elaia Partners, alongside a newly hired investment team. It would look to launch its first Europeanfocused fund as early as 2024.
The Allen & Overy team was led from Paris by partner Guillaume Isautier, counsel Anne-Caroline Payelle and partner Brice Henry, with support from associate Antoine Messent and senior associate Pascal Molinelli.
The team also included partner Antoine Sarailler and counsel Benjamin Lacourt on investment funds management aspects and counsel Charles Del Valle on tax aspects.
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