Proskauer Advises Elaia Partners and Its Partners on Lazard Majority Stake in Elaia GP

"Proskauer advised Elaia Partners and its partners on Lazard's acquisition of a 51% majority stake in the GP of Elaia Partners. This represents the second step of the strategic partnership formed in 2024, which created Lazard Elaia Capital (75% Lazard, 25% Elaia) to accelerate the development of a European venture and growth platform."

Proskauer advised Elaia Partners and its partners in connection with Lazard's acquisition of a majority stake in the GP of Elaia Partners. The transaction concerns Lazard increasing its holding to 51% of Elaia Partners’ GP, reflecting the terms agreed when the strategic partnership between the two groups was concluded. This step constitutes the second phase of the partnership established in 2024 with the creation of Lazard Elaia Capital. Two years after its initial entry as a minority shareholder in Elaia, Lazard has raised its stake to 51% in line with the previously agreed arrangements. The move follows the 2024 rapprochement that gave rise to Lazard Elaia Capital, a management company held 75% by Lazard and 25% by Elaia, which aims to accelerate the continued development of the European venture and growth platform. Proskauer represented Elaia Partners and its partners with a team composed by: Matthieu Grollemund (Partner – M&A/PE), Pierre-Marie Boya (Partner – M&A/PE), Arthur Deschamps (Associate – M&A/PE), Nadir Rezaige (Paralegal – M&A/PE), Gwenaël Kropfinger (Partner – Tax) and Corentin Traxel (Associate – Tax).

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Proskauer Advises Elaia Partners and Its Partners on Lazard Majority Stake in Elaia GP

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Proskauer Advises Elaia Partners and Its Partners on Lazard Majority Stake in Elaia GP

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