Lazard Hires Barclays Veteran Sheth for European Tech Push

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Or sign-in if you have an account.(Bloomberg) — Lazard Inc. is hiring veteran Barclays Plc banker Jessel Sheth to boost its technology advisory team, as more of the firm’s software clients grapple with AI disruption. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountLondon-based Sheth, 47, will join Lazard in November as a managing director focused on software and adjacent sectors, according to people familiar with the matter.A representative for Lazard declined to comment.Sheth spent more than a decade at Barclays, most recently as head of software and hardware banking for Europe, the Middle East and Africa. Before Barclays, Sheth worked at Perella Weinberg Partners and Credit Suisse.Over a 25-year career, Sheth has advised on major European technology transactions, spanning mergers and acquisitions, initial public offerings and private-capital deals. His arrival will strengthen Lazard’s technology franchise at a time when software firms tackle the challenges posed by a myriad of new AI applications.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe hire follows the departure of Keiran Wilson, who left Lazard to join Citigroup Inc. as co-head of software investment banking for the UK and EMEA.For Lazard, recruiting Sheth is the latest example of its strategy to add senior bankers to businesses where it sees opportunities to expand. Chief Executive Officer Peter Orszag has made upgrading the firm’s top ranks a central part of his Lazard 2030 plan, which calls for doubling firmwide revenue between 2023 and 2030.The bank has set a goal of bringing in 10 to 15 net new managing directors each year as part of the strategy, and it has recently added bankers across healthcare, energy, industrials, financial sponsors and financial institutions.The arrivals include David Krap as co-head of European consumer, retail and leisure; Niul Wood as a managing director covering chemicals and materials; Daniel Burton-Morgan as head of equity capital markets advisory in North America; and Marco Superina as head of Switzerland.Lazard has also expanded its geographic footprint, adding offices in Denmark and Switzerland and building out its presence in the Middle East with teams in Riyadh and Abu Dhabi.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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