This week, Lazard, a financial advisory and asset management firm, has opened its new, enlarged headquarters.

Lazard has opened a new, larger UK headquarters at 20 Manchester Square, Marylebone (pictured), extending the firm’s near 150-year history in the UK, and housing both the firm’s financial advisory and asset management businesses. It has relocated from 50 Stratton Street, after being there for more than 20 years.

The office block in Manchester Square, London

As a cornerstone of Lazard’s international network, the new UK HQ extends the firm’s long-standing presence in London which dates back to 1877. The move reflects Lazard’s commitment to London as one of the world’s leading financial centres and the firm’s continued growth in Europe, it said ina  statement. The new HQ is one of its three main global offices, alongside New York and Paris.

"The move to 20 Manchester Square underscores our unwavering commitment to the UK and our deep-rooted heritage in London. We have been successfully growing our European teams and network to further support our clients across Europe and around the globe," Cyrus Kapadia, co-head of European investment banking and CEO of UK financial advisory, said.

The new building offers modern office space and has been designed with an emphasis on innovation and sustainable standards of construction, technology and use, the firm continued. The space has renewable energy from solar panels on the roof and a rainwater harvesting system. The building’s construction adhered to the UK Green Building Council framework for net-zero carbon emissions and recycled, long-life materials with reduced replaceability have been used across floors, walls and ceiling finishes, with water efficient taps, showers and fixtures in place throughout.

Founded in 1848, Lazard is a financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals.

Office reception