Lazard has formed a new structured credit advisory team to help expand its capital structure advisory business. The appointments will be effective immediately.

The firm's press release said that the team will be based in London and will “advise a broad range of institutions across Europe, including banks, pension funds, insurance companies, asset managers and hedge funds, as well as central banks and governments.”

Alan Patterson, managing director of structured credit advisory, will lead the team in Europe.

CEO of Lazard London William Rucker said, “The team will work alongside our sector professionals in FIG and Real Estate, where we see this business adding tremendous benefit to our clients, and will complement our Restructuring and Debt Advisory business.”

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