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Lazard poaches Numis bankers to launch venture and growth banking team

Fri, 15th Nov 2019 15:04

By Pamela Barbaglia

LONDON, Nov 15 (Reuters) - Lazard has poached two
executives from British stockbroker Numis Corporation Plc
to lead a new team that will focus on European private
firms seeking growth equity and venture capital.

The U.S.-based investment bank said on Friday that Garri
Jones and Nick James would join as managing directors in its
London hub in January to lead the 10-strong team known as Lazard
Venture and Growth Banking.

Jones and James, who ran Numis's venture practice, will be
in charge of the new unit comprising entrepreneurs, bankers,
data scientists and engineers.

They will initially focus on connecting about 100 fast
growing companies with 400 global investors, working with
Lazard's capital markets and sector merger and acquisition
teams.

Lazard UK Chairman William Rucker said the new team would
"provide companies with greater access to capital markets and
financial advice throughout their life cycle."
(Reporting By Pamela Barbaglia; Editing by Edmund Blair)

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