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Top investment bank Lazard to help Sri Lanka divest non-strategic assets


Feb 05, 2018 (LBO) – World’s top advisory and asset management firms, Lazard has shown interest in Sri Lanka, with a visit this week by an international delegation. The 2.7 billion US dollars global financial advisory firm in conjunction with MTI Consulting, plans to meet officials of the Sri Lankan government. They will discuss how Lazard could work with government in its attempt to divest and attract foreign investments for its large non-strategic assets like Hotels.
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Lazard is a leading international investment bank dedicated to financial advisory and advises on many of the largest and most complex transactions. It has a world leading sovereign advisory team advising governments and public entities, advising on more notable transactions than its competitors. Globally, Lazard has 249 billion US dollars of assets under management and its asset management business serves a diverse global client base. Sri Lanka’s leading strategy consultancy, MTI Consulting said in Sri Lanka, over the last 20 years, some of the top corporate organizations have benefitted from MTI’s expertise.
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