Cross-border advisory firm 32 Advisors has launched a new practice dedicated to infrastructure, which will not only advise clients on infrastructure-related matters but will also serve as a deal development platform, the New York-based advisory firm said in a statement.
“Infrastructure is a natural addition to our existing business and presents a huge opportunity given the state of infrastructure in the US and around the world,” Robert Wolf, 32 Advisors’ founder and chief executive said. “Pair that with the vast sources of capital that are sitting on the sidelines and public sector resources that are being underutilised, and one can see the need for an intermediary that can bridge this gap,” he added.
Michael Likosky, who has served as an expert to the United Nations, OECD and the Clinton Global Initiative, joins the firm as principal. Based at the firm’s New York headquarters, he will head the infrastructure practice alongside Lauren Clancy, 32 Advisors’ principal and chief operating officer.
The firm also announced other recent additions to its team, which include Nayyera Haq and Salvador Torres.
Haq joins the firm as principal, public policy and strategic communications advisory, bringing 15 years of experience in policy issues related to finance, national security and the environment.
Torres, whose background includes having worked as an investment banker, an advisor and an entrepreneur focusing on infrastructure and public finance, joins the firm as strategic principal.