Skip to content
Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 12 SOURCES

Lazard Elaia Capital

75%-owned growth-equity management company of (25% Elaia Partners) Lazard

Also known as LEC

Paris growth-equity manager created in 2024 by Lazard (75%) and Elaia (25%); invests €20–60M, minority or control, in profitable or scaling European B2B tech firms with €10–100M revenue.

HEADQUARTERS
Paris, France
FOUNDED
2024
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
9 people

Focus

STAGES
GrowthBuyout
SECTORS
Software & SaaSArtificial Intelligence
ASSET MIX
Private equity
GEOGRAPHY
Europe

Overview

Lazard Elaia Capital (LEC) is a Paris asset management company created under the April 2024 strategic partnership between Lazard and Elaia Partners, owned 75% by Lazard and 25% by Elaia, and led by Xavier Lazarus with Alexandre Margoline as Managing Partner. It invests €20–60M, as minority or control, in European B2B technology and AI companies with €10–100M revenue that are profitable or scaling with discipline. Its portfolio page lists DentalMonitoring, where it led a combined $100M investment announced in February 2026.

PORTFOLIO (1)

  • DentalMonitoring
    HealthTech · since 2026

People

  • Xavier Lazarus
    Leads LEC; legal representative · source
  • Alexandre Margoline
    Managing Partner · source
  • Anna Vershebeniuk
    Founding team member (joined 2024 to build LEC) · source
  • Aurélien Chignon
    Team member · source
  • Justine Guers
    Team member · source
  • Paul Gaillard
    Team member · source
  • Pauline Kohler
    Team member · source
  • Pierre Besse
    Team member · source
  • Sandra Gallet
    Team member · source

Links

Frequently asked questions

Lazard Elaia Capital is a private equity fund based in Paris, France, founded in 2024.

Yes. Lazard Elaia Capital invests its own capital in private companies.

Lazard Elaia Capital invests at Growth and Buyout stages in Software & SaaS and Artificial Intelligence.

Lazard Elaia Capital's stated ticket size is €20M–€60M.

Key people at Lazard Elaia Capital include Xavier Lazarus (Leads LEC; legal representative), Alexandre Margoline (Managing Partner), Anna Vershebeniuk (Founding team member (joined 2024 to build LEC)) and Aurélien Chignon (Team member).

Lazard Elaia Capital's investments include DentalMonitoring.

The most recent publicly reported investment by Lazard Elaia Capital is DentalMonitoring ($100M combined investment led by Lazard Elaia Capital (with ISALT’s Fonds Stratégique des Transitions)), announced in Feb 2026.

Yes. Lazard Elaia Capital manages capital from outside investors.