Lazard

Tl;dr: 4 examples of presentations prepared by Lazard for their clients in real transactions. Learn how investment bankers do their job by seeing real examples of the PowerPoints they create.

Lazard Investment Banking Presentation Examples

Here are 3 presentations to check out.

Hit the button that looks like a box to open it up full screen for your viewing pleasure!

Brookfield Property Partners

About

Brookfield Property Partners (BPY) is a diversified global real estate company headquartered in New York. It owns, operates, and develops a wide range of property assets, including office, retail, multifamily, industrial, hospitality, and more. BPY is known for its strong asset management capabilities, high-quality portfolio, and strategic investments that generate robust returns. In 2023, Brookfield Property Partners monetized over $30 billion of assets and maintained significant liquidity, positioning itself well for future growth and investment opportunities.

Deck

Urovant Sciences Ltd.

About

Urovant Sciences Ltd. is a biopharmaceutical company specializing in the development and commercialization of innovative therapies for urologic conditions. Based in Irvine, California, Urovant Sciences is a wholly-owned subsidiary of Sumitomo Dainippon Pharma Co., Ltd.

Deck

Pivotal Software, Inc

About

Pivotal Software, Inc. was a software and services company based in San Francisco, California, specializing in cloud platform hosting and consulting services. The company was originally spun out from EMC Corporation and VMware in 2012. Pivotal provided a cloud-native platform that aimed to enhance software development and IT operations for large enterprises, helping them to modernize their applications and infrastructure.

In April 2018, Pivotal went public, raising $555 million in its IPO. However, by December 2019, VMware acquired Pivotal, integrating its technologies into VMware’s Tanzu application suite. This acquisition aimed to enhance VMware’s portfolio, particularly in Kubernetes-based solutions, facilitating multi-cloud operations and enabling enterprises to deliver software more efficiently.

Pivotal’s technology and methodologies were instrumental in transforming how large companies developed and managed their software applications, offering tools that allowed developers to build and run applications more effectively. Post-acquisition, Pivotal Labs was rebranded as VMware Tanzu Labs.

The strategic acquisition by VMware was part of a broader move to strengthen its cloud-native and containerized application offerings, positioning itself as a leader in the enterprise software market.

Deck

Hudson Ltd.

About

Hudson Ltd. operates as a travel retail company, primarily in North America. The company runs Hudson News, Hudson Booksellers, cafes, specialty retail, and duty-free shops in airports and other transportation terminals across the United States and Canada. Hudson Ltd. offers a wide range of products through its duty-paid and duty-free operations. The company was founded in 2014 and is headquartered in East Rutherford, New Jersey. Hudson Ltd. is known for providing travelers with a broad assortment of convenience items, snacks, books, and electronics.

Deck

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Only get the “Pro” version if you are serious about learning about M&A decks (VP to MD).

About Lazard Investment Banking

About Lazard (Investment Banking M&A – Early 2025)

Lazard is a premier global independent investment banking advisory firm, highly regarded for its M&A advisory, strategic counsel, and financial restructuring expertise. As of early 2025, it operates with a distinct advisory-focused model, free from the potential conflicts of lending, trading, or underwriting activities. This allows Lazard to provide objective, tailored advice on complex financial matters.

The firm serves a prestigious client base including leading corporations, governments, institutions, and financial sponsors worldwide. Lazard excels in advising on large, intricate cross-border transactions, shareholder advisory matters (including activism defense), sovereign advisory assignments, and complex restructurings.

It has deep historical roots and maintains particularly strong franchises in both the US and Europe (notably France).

Rankings (2024 & Early 2025)

Lazard consistently ranks among the leading independent M&A advisors globally, often competing effectively against much larger institutions on significant mandates.

• Global: For the full year 2024, Lazard typically ranked within the Top 10 to Top 15 globally by announced M&A deal value, according to major league table providers. Critically, it consistently placed within the Top 5 (often Top 3) among independent advisory firms globally.
• USA: Maintained a strong presence in the US market, generally ranking in the Top 10 to Top 15 overall and within the Top 5 among independent advisors during 2024.
• Europe: Lazard holds a very powerful European franchise, frequently ranking within the Top 5 to Top 10 overall M&A advisors in the region during 2024, and often securing the #1 or #2 spot among independent firms, particularly demonstrating strength in France.
• Restructuring: Continues to be recognized as a global leader in financial restructuring advisory, alongside peers like Houlihan Lokey and Evercore.

Early indications for 2025 suggest Lazard continues to leverage its strong brand and relationships to secure roles on significant advisory assignments.

Key Changes (2024 & Early 2025)

• New CEO and Strategic Direction: The most significant change was the implementation of the strategy under Peter Orszag, who officially became CEO in October 2023. Throughout 2024, Orszag outlined and began executing a plan aimed at accelerating growth, with ambitious targets including doubling firm revenue by 2030. This involves investing in growth areas, potentially increasing collaboration between the Advisory and Asset Management businesses, and enhancing focus on specific sectors and private capital.
• Investment and Growth Focus: The firm articulated a clear focus on investing for growth, targeting specific sectors and potentially expanding its reach in areas like private capital advisory and the middle market, complementing its traditional large-cap focus.
• Talent Dynamics: As with all advisory firms, attracting and retaining top talent remained crucial. 2024 saw continued strategic hires but also some notable departures (e.g., its former Global Head of M&A, Andrew Woeber, left for Barclays in early 2025), highlighting the competitive landscape for senior bankers. The firm emphasized internal development and targeted external recruitment aligned with its growth strategy.
• No Major Acquisitions (of other firms): Lazard’s growth strategy under Orszag remained primarily focused on organic expansion and strategic hiring, rather than large-scale acquisitions of competing advisory firms.
• Market Adaptation: Lazard continued to navigate the evolving M&A landscape, leveraging its restructuring expertise during slower periods and advising clients on complex strategic decisions amid economic uncertainty and shifting market conditions.

FT Rankings

About the Investment Banking Decks here

Investment banking presentations are rarely if ever, made public. When I was junior in M&A, it would have been so helpful to have access to see how banking decks were made and how other banks made them.

The issue is that they are never made available, so I set out to help you.

What you will find here

You will find 2-4 real M&A decks from one bank. They are in a fancy form of PDF you can open and go through (best on your computer). If you want to see more, there are options to purchase more access (which funds a little team of analysts to make updates).

If you want to see more, this is part of a collection of 67 free M&A presentations from the top 20 banks (based on ranking and also the quality of presentation for you to learn from).

Why the heck should you care?

Investment banks attracted the best and the brightest.

• Slide structure/design: Learn how complicated concepts are structured and designed in PowerPoint
• Analysis approach: See exactly how complex financial methods are presented
• Strategy and communication: M&A deals are not (normally, other than many Duff and Phelps decks) cookie-cutter. There’s a host of topics that need to be dealt with
• Morbid interest: I used to do this for a living, but it’s still interesting to see how PPT are made… but then maybe it’s just me and so FML 😉

Who this will help

• You want to work in banking: There are a lot of applicants. Knowing the job helps you answer questions
• You work in banking: Even if you’re an MD, you need to know how the best are structuring their thoughts/analysis
• You write presentations: You can’t buy learnings like this. You can learn from the slides
• You have a curious mind: Good for you

Want more IBD decks?

There are resources for you to purchase if they are helpful to you.

• I recommend “Premium” for anyone serious about learning slide structures.
• Get the “Pro” version if you are serious about learning about M&A decks (VP to MD).