Albert Frère, the Belgian financier, is reported to have started negotiations for a 20% stake in Banca Leonardo, the new pan-European advisory boutique acquired by ex-Lazard star dealmaker, Gerardo Braggiotti.

Belgium newspaper L'Echo has reported Frère will follow Eurazeo, the French private equity firm that earlier this week confirmed it will take a 20% stake in Banca Leonardo with the aim of creating an Italian private equity joint venture.

Hugh Wheelan in Paris

Eurazeo

Mediobanca

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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Albert Frère set to back Braggiotti

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