SYDNEY: Lazard, the largest independent merger-advisory firm, hired Lachlan Edwards from Goldman Sachs to head its Australian capital structure advisory business, sources said.

Edwards, who was Goldman’s head of Asia-Pacific restructuring, will start with Lazard in Sydney on October 1, the people said. He will report to John Wylie, managing director and head of corporate advisory for Australia, they added.

Lazard bought Sydney-based independent advisory firm O’Sullivan Partners in September as it seeks to expand its business Down Under. Former Prime Minister Paul Keating is the firm’s chairman of corporate advisory, according to Lazard’s Australian website.

(BLOOMBERG)