NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today announced that it has hired Jonathan Turnbull as a Managing Director in the Power, Energy, and Infrastructure Investment Banking Group, effective immediately. Based in New York, Mr. Turnbull joins from Citigroup where he was a Managing Director and Global Head of its Infrastructure Group in investment banking.
This latest hire brings additional expertise to Lazard’s continuing infrastructure effort for which the firm advises infrastructure companies and governments in matters relating to financial transactions and public-private partnerships. Complementing Lazard’s infrastructure effort, led globally by George Bilicic, are Felix Rohatyn, who recently returned to Lazard as a Special Advisor to Chairman and CEO Kenneth M. Jacobs, and former Nassau County Executive Thomas R. Suozzi, who has been hired as a special advisor to the firm.
Mr. Turnbull, 42, has advised public and private infrastructure investors and companies on transactions involving infrastructure assets, such as toll roads, energy infrastructure, parking systems, ports and utilities, and on recapitalizations and financings. Mr. Turnbull began his investment-banking career in 1990 at Salomon Brothers, which later merged into Citigroup. He became a Managing Director at Citigroup Global Markets in 1999.
Lazard’s most recent infrastructure advisory assignments include advising the Long Island Power Authority; Papua New Guinea on its $15 billion LNG development project; Transurban on its takeover defense on the proposed tender offer by Canada Pension Plan Investment Board and Ontario Teachers Pension Plan; Deutsche Bahn on its proposed acquisition of Arriva; and RBS Sempra on the sale of its metals, oil and European energy commodities business.
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 40 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating back 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.
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