PARIS, July 20, 2026 – Proskauer advised Elaia Partners and its shareholders in connection with Lazard's acquisition of a majority GP stake in Elaia Partners, a transaction marking the next phase of their strategic partnership.

Two years after initially acquiring a minority stake in Elaia, Lazard has increased its ownership interest to 51%, in accordance with the terms agreed when the strategic partnership was established. This transaction builds on the creation of Lazard Elaia Capital (LEC) in 2024 and supports the continued development of its European venture and growth equity platform.

Proskauer advised Elaia Partners and its shareholders with a team led by partner Matthieu Grollemund and including partner Pierre-Marie Boya, associate Arthur Deschamps and paralegal Nadir Rezaigue (Private Equity M&A) as well as partner Gwenaël Kropfinger and associate Corentin Traxel (Tax)

About Proskauer

Proskauer is an elite global law firm with more than 900 lawyers in key financial centers in the United States, Europe, South America, and Asia. Our clients include many of the world’s leading businesses, including asset managers, banks, listed corporations, and private companies. We have deep expertise in several of the fastest-growing and dynamic segments of the market, including sports, technology, life sciences, and health care. We represent hundreds of asset managers across a wide spectrum of sectors and strategies, including private equity, private credit, hedge, real assets, secondaries, and capital solutions.