Deals
Lazard Adds Two Restructuring Heads As Corporate Distress Grows
- Lazard adds FTI’s Khemlani and Houlihan’s Snellenbarger
- Hirings come amid rising corporate defaults and bankruptcies
Lazard Ltd. is adding two new co-heads to its restructuring and capital solutions group
Photographer: Pavlo Gonchar/SOPA Images/LightRocket/Getty Images
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Lazard Ltd. is adding two new co-heads to its restructuring and capital solutions group as the investment bank grows its team during a time of increased financial turmoil.
The New York-based investment bank has hired Sanjeev Khemlani, who most recently led FTI Consulting Inc.’s senior lender advisory practice, and Reid Snellenbarger, a senior member of Houlihan Lokey ’s restructuring group, according to a statement seen by Bloomberg.