INSUBCONTINENT EXCLUSIVE:
will include Series B and C
European startups currently chasing a pool of venture capital that is increasingly global and fragmented.The Lazard Venture and Growth
Banking team will be headed up by ex-Numis employees Garri Jones and Nick James, with both serving as managing directors.Noteworthy,
according to his LinkedIn profile, Jones was previously venture and broking lead at Numis
He was also a founding partner at Circle Health, helping to grow the company from seed to IPO
Jones is also a board member of stock photo startup Picfair.James, who will take up the role of COO at Lazard Venture and Growth Banking, is
a well-respected equity research analyst and also recently left Numis (his LinkenIn says he is on gardening leave)
He was previously an investment manager at Nomura in its technology VC team.The other eight members of the team are said to be a mix of
experienced entrepreneurs, bankers, engineers and data scientists.In particular, I understand the Lazard Venture and Growth Banking team see
that intermediation in the form of an investment bank with the right team and connections can make the difference at Series B, C and beyond
fastest-growing startups in Europe and connect them to 400 or so investors
These investors will be a mix of institutional funding, including venture capital and private equity, along with sovereign wealth funds, and
high-net-worth individuals.A large proportion of investors will be made up of corporates, too
I understand the thinking within the new Lazard division is that there in an abundance of corporate venture that remains untapped, with some
corporates (or their venture arms) with fast-growing startups
Banking team believes it can add value.Meanwhile, Lazard is also planning to host a three-day conference in April 2020 where it will bring
