Eric Hanson, a 27-year Lazard veteran, has been added to help prop up and expand corporate advisory capabilities for Macqaurie Capital Advisors’ Financial Institutions Group (FIG), the firm said Tuesday.

In the announcement, the Macquarie Group subsidiary said that Hanson, the former managing director within Lazard’s financial institutions group, will join the international firm as a senior managing director in September.

Additionally, Hanson will be based at Macquarie’s New York location, the Aug. 24 press release said.

“Eric is a highly regarded advisor with experience across a broad range of financial institutions clients, with a particular focus on the specialty finance sector,” John Roddy, senior managing director and Macquarie's U.S. head of FIG, said in the release. “His long-term industry relationships, as well as transaction expertise in the equipment leasing, finance company, and bank sectors, is directly relevant to our franchise and will complement and broaden our existing FIG-sector capabilities.”

In a conversation Wednesday afternoon, Lazard declined comment on the matter.

At the end of March, the nearly 41-year old firm had approximately $299 billion in assets under management. Currently, it provides banking, financial, advisory, investment and fund management services to its clients.