NEW YORK CITY-High-profile investment banker Bruce Wasserstein died yesterday at 61 after being hospitalized after an irregular heartbeat, according to media reports. He was most recently chief executive officer of locally based investment bank Lazard Ltd. but was best known for engineering major deals, such as the takeover of RJR Nabisco by private-equity firm Kohlberg Kravis Roberts.

Wasserstein funds also own significant media holdings, such as Penton Media, which publishes National Real Estate Investor and Lodging Hospitality, among other titles. His funds also own The Deal and New York magazines.

Wasserstein also owned ALM’s Real Estate Media Group and the company’s law-focused titles before selling them to Incisive Media in 2007. Incisive and ALM split earlier this year.

Click here to read a New York Times article about Wasserstein, or click here to read a Crain’s New Yorkstory.

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