Lazard hires veteran healthcare dealmaker Colocci as vice chairman [Reuters]
Lazard, Inc. (LAZ)
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Source: Reuters
LONDON, May 9 (Reuters) - Investment bank Lazard Ltd has appointed veteran healthcare dealmaker Michele Colocci as vice chairman and managing director, aiming to boost the growth of its healthcare advisory, according to a company announcement. Colocci, former chairman of mergers and acquisitions at Morgan Stanley , where he also held positions as global co-head of healthcare investment banking and deputy head of investment banking for Europe, is set to join the firm in June. He will be based in London and take over a recently created global position. In his new role, Colocci will be part of Lazard's healthcare franchise, led by David Gluckman and overseen in Europe by Jean-Louis Girodolle and Cyrus Kapadia. "Michele's experience as a trusted advisor to clients will be tremendously valuable as we continue to invest in our significant European business," said Lazard's CEO Peter R. Orszag. The healthcare sector remains a key player in dealmaking, accounting for 10.2% of total
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