• He’s named a managing director, is based in New York
  • Mulshine also previously worked at UBS and Goldman Sachs

Lazard Ltd., the largest independent investment bank, hired Christopher Mulshine as a managing director focusing on private capital advisory.

Mulshine is based in New York and joins from Credit Suisse Group AG, where he was head of capital services in the Americas, Bermuda-based Lazard said Monday in a statement. He previously worked at UBS Group AG, Forester Capital and Goldman Sachs Group Inc., Lazard said.

Lazard has hired talent this year for restructurings and takeovers, adding Peter Orszsag from Citigroup Inc. and ex-Deutsche Bank AG executive Dale Raine. The group that Mulshine is joining focuses on raising funds for private equity and real estate firms, and works closely with financial sponsors and institutional investors. Rivals have built up capacity for private capital in recent years, with Moelis & Co. adding Tim Fitzsimmons from Credit Suisse last year.

“Chris brings more than 15 years of experience as a trusted adviser to institutional investors and fund managers,” William Riddle, the head of Lazard’s private capital advisory group, said in the statement. “His insight and relationships will further bolster our expertise in credit and debt strategies as we increase our capabilities in this area to meet client demand.”

Elizabeth Rudall, a spokeswoman for Credit Suisse, didn’t immediately return a message seeking comment.

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