Press release

EY unifies infrastructure capabilities across Transaction Advisory Services in the Americas and appoints new leadership

New York, 7 January 2019

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EY Transaction Advisory Services (TAS) has announced an initiative to unify its infrastructure capabilities across practices in the Americas and appointed new leadership. The goal is to provide holistic services to public and private-sector clients who are developing, financing, operating, transforming, acquiring or divesting infrastructure ― including transportation, public buildings, environmental, resiliency, telecom, power and utilities, renewables and mid-stream.

TAS’s consolidated Americas revenues exceeded $2b in FY18 and the EY infrastructure offerings will be a key area of investment going forward. Mike Parker, former head of Ernst & Young Infrastructure Advisors, LLC (EYIA), will serve as the EY Americas Infrastructure Leader and Connie Cassidy, a senior transaction diligence partner, will lead Infrastructure Private Equity in the Americas. Tom Rousakis, Senior Managing Director, EYIA, will succeed Parker.

“The way infrastructure is defined, financed and executed continues to evolve. Being nimble enough to align our offerings to the direction of the market is what differentiates us in this space,” said Bill Casey, EY Americas Vice Chair, Transaction Advisory Services. “Today, infrastructure clients from governments to private equity, sovereign and pension investors are seeking a wide range of professional services and management consulting capabilities that reflects the breadth of their ambitions, and they want the delivery of those resources in a fully integrated manner.”

EY will enhance client service by leveraging experience and facilitating innovation across sectors, types of infrastructure and the life cycle of infrastructure investments. Other key objectives are to encourage multidisciplinary collaboration and create new career opportunities and mobility.

EY TAS’s approach underscores how infrastructure is increasingly seen as a critical part of broader systems and environments, particularly among investors and public owners who situate a wide range of infrastructure projects within a common portfolio.

TAS professionals currently advise many of the world’s leading infrastructure investors, as well as public-sector owners, developing billions of dollars of new projects, including EYIA’s recently announced role with the Gateway Program.

Teams will leverage a wide range of experience to deliver unified services

Parker has advised public and private sector clients on finance, procurement, strategy and public-private partnerships for tens of billions of dollars of infrastructure. He is now responsible for bringing the full breadth of EY resources and cutting-edge capabilities in the Americas to serve clients.

Cassidy has over 15 years of industry experience and has advised the world’s largest and most sophisticated infrastructure investors on transformative transactions, experience she will leverage as she guides the expansion of TAS’s infrastructure capabilities for PE, pension and sovereign wealth funds within the broader infrastructure initiative.

Rousakis is regarded as a leader on the finance and development of new infrastructure in the US market. He joined the EY organization in 2013 from Goldman Sachs, where he co-led the Transportation and P3 efforts of its public finance practice.

About EY Transaction Advisory Services (TAS)

How you manage your capital agenda today will define your competitive position tomorrow. We work with clients to create social and economic value by helping them make better, more-informed decisions about strategically managing capital and transactions in fast-changing markets. Whether you’re preserving, optimizing, raising or investing capital, EY Transaction Advisory Services combine a set of skills, insight and experience to deliver focused advice. We can help you drive competitive advantage and increased returns through improved decisions across all aspects of your capital agenda.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP and Ernst & Young Infrastructure Advisors, LLC, member firms of EY serving clients in the US.

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