James J. Orozco Joins Lazard as a Managing Director, Financial Advisory

Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) has appointed James J. Orozco as a Managing Director in its Financial Advisory business, effective immediately. Based in San Francisco, Orozco joins from GCA Advisors, where he led their Financial Sponsors practice. This strategic hire aims to enhance Lazard's expertise in private equity, particularly in the technology, media, and telecom sectors. Peter Orszag, CEO of Financial Advisory, noted that Orozco's extensive experience and relationships with key private equity firms will strengthen the team's capabilities amid a growing market opportunity.

Positive

• James Orozco's appointment is expected to enhance Lazard's expertise in financial sponsors, particularly in private equity.
• Orozco brings over 17 years of experience from GCA Advisors, strengthening relationships with key private equity firms.

Negative

• None.

Lazard Ltd (NYSE: LAZ) announced today that James J. Orozco has joined Lazard’s Financial Advisory business as a Managing Director covering financial sponsors, effective immediately. Based in San Francisco, Mr. Orozco joins from GCA Advisors, where he served as a Managing Director.

“As the market opportunity for private equity in the US continues to grow, the addition of James Orozco to our financial sponsors coverage team will strengthen Lazard's depth and breadth of expertise across large cap, cross cap, and middle market private equity funds,” said Peter Orszag, CEO of Financial Advisory, Lazard. “James is an experienced banker with a proven track record of success and deep relationships with many of the most important private equity firms in the U.S., particularly in the technology, media and telecom industries.”

Prior to joining Lazard, Mr. Orozco served 17 years with GCA Advisors, where he established and led its Financial Sponsors practice in the U.S. and managed a portion of GCA’s venture capital and private equity relationships in its Capital Markets Group. Mr. Orozco started his career at Robertson Stephens in the Capital Markets Group in 2001, after receiving a Bachelor of Arts from Princeton University.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210112005569/en/

FAQ

Who is James J. Orozco and what is his role at Lazard?

James J. Orozco has joined Lazard as a Managing Director in its Financial Advisory business, focusing on financial sponsors.

What impact does James Orozco's appointment have on Lazard's operations?

His appointment aims to strengthen Lazard's private equity coverage and expertise in the technology, media, and telecom industries.

When did Lazard announce James Orozco's appointment?

Lazard announced James Orozco's appointment effective immediately, but the exact date of the announcement is not specified.

How does James Orozco's experience benefit Lazard?

Orozco's 17 years at GCA Advisors and established relationships with significant private equity firms are expected to enhance Lazard's advisory capabilities.

What is Lazard's focus in financial advisory services?

Lazard provides advice on mergers and acquisitions, restructuring, capital raising, and corporate finance, among other services.