Lazard Ltd. (LAZ:US), the largest independent merger advisory firm, named George Bilicic to run its U.S. Midwest investment-banking business, in addition to his role leading power, energy and infrastructure globally.
Bilicic, 50, started the newly created position in August and is based in Chicago, he said today in a phone interview. He reports to Antonio Weiss, global head of investment banking for the Hamilton, Bermuda-based firm, and Chief Executive Officer Ken Jacobs.
Bilicic said he plans to increase the number of employees at the firm’s Chicago office, where David Kurtz, global head of restructuring, and David Solomon, who runs Lazard Middle Market, are based.
“Lazard’s business model globally is to have very strong, local, substantive relationships,” Bilicic said. “We can bring this deep industry expertise and global perspective to clients in the region.”
Bilicic joined Lazard in New York in 2002 from Merrill Lynch & Co. He left in 2008 to run infrastructure at KKR & Co., the buyout firm led by Henry Kravis and George Roberts, and returned six months later to oversee the group that serves power, utility and infrastructure clients. Earlier, he was a partner in the law firm Cravath, Swaine & Moore, which he joined in 1989.
He is a graduate of DeSales University in Center Valley, Pennsylvania, and Georgetown University Law Center. Bilicic’s new role was reported earlier today by Crain’s Chicago Business.
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