Ernst & Young (EY) has expanded its Transaction Advisory Services (TAS) Infrastructure Advisory practice with the appointment of two seasoned infrastructure professionals “as financing and development of US infrastructure becomes more critical to the US economy and national competitiveness,” the firm said in a statement on Monday.
Tom Rousakis and Jennifer Mayer are joining the firm’s Infrastructure Advisory practice as senior managing director and senior vice president, respectively. Both will report to Mike Parker, senior managing director and Infrastructure Advisory leader.
Rousakis, who most recently served as co-head of transportation and project finance in public sector and infrastructure banking at Goldman Sachs, brings more than 20 years of experience to the newly-created position.
During the course of his career, Rousakis has advised or led financings for public agencies on transportation programmes and public-private partnership (PPP; P3) projects. He will be based in New York.
Mayer, also a seasoned professional, has more than 20 years’ experience delivering transportation projects. She joins the firm from the Federal Highway Administration where she served as in-house senior technical advisor and innovative finance national expert.
Part of her new role will include helping clients implement major transportation programmes and projects which incorporate various sources of funding including private funds.
Mayer is also the founding chairperson of the Transportation Research Board’s subcommittee on P3s. She will be based in San Francisco.
“We are delighted to welcome Tom and Jennifer to the team as they both bring decades of key capital markets and federal programme experience to our already strong capabilities in transportation and public-private partnership (P3) engagements,” Parker said.
Ernst & Young has been focusing significantly on infrastructure in the past year. In July 2012, it combined its Transaction Advisory Services with Jeffrey A. Parker & Associates, a US financial advisory firm specialising in infrastructure.