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Lazard hires new head of defense and emerging technology

September 21, 2026 8:03 AM EDT

Lazard, Inc. (NYSE: LAZ) announced that Matt Spence has joined the firm as Head of Defense Technology and Emerging Technology within its Technology Group, based in San Francisco.

Spence will advise defense, security, and other technology companies on mergers and acquisitions as well as financings.

Most recently, Spence served as Managing Director and Global Head of Venture Capital Banking at Barclays, where he led the firm's defense-tech and dual-use technology investment banking practice. Prior to that, he held senior roles at Guggenheim Partners and as a Partner at Andreessen Horowitz.

Spence also spent seven years in senior national security positions within the U.S. government, including as Deputy Assistant Secretary of Defense for Middle East Policy and on the White House National Security Council.

"Few bankers can speak to defense and dual-use technology from multiple angles the way Matt can," said Mark Dolins, Head of the Technology Group at Lazard.

Spence holds a Doctorate in International Relations from Oxford University, a J.D. from Yale Law School, and a B.A. and M.A. in International Policy Studies from Stanford University. He is a co-founder of The Truman National Security Project and a life member of the Council on Foreign Relations.



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