Malcolm Macintyre leaves Babcock

The joint head of the firm’s North American social infrastructure and transportation group led Babcock's bidding for the Indiana Toll Road and the Pennsylvania Turnpike. He will remain active in the North American infrastructure sector.

Malcolm Macintyre, joint head of Babcock & Brown's North American social infrastructure and transportation group, is leaving the firm as Babcock is eliminating the entire group due to its ongoing restructuring efforts.

Macintyre joined Babcock & Brown’s Australian infrastructure team in 2005 and relocated to San Francisco in 2006 to jointly lead the group with Duncan Olde. Under their leadership, that group grew to 25 people and was shortlisted on 11 projects in the US and Canada.

Macintyre’s group was the under-bidder for the Indiana Toll Road in 2006, the under-bidder on the I-595 corridor improvement project in Florida, the preferred bidder on the Port of Miami Tunnel and the winning bidder for the Durham Courthouse and Alberta Schools projects in Canada. He also led Babcock’s bidding in the ultimately unsuccessful long-term lease of the Pennsylvania Turnpike last year.

A number of other executives involved in the bidding on the Pennsylvania Turnpike have left their former employers. Trent Vichie, who led the bidding process for Macquarie Capital, is now the co-head of Blackstone Infrastructure Partners; Mark Florian, who led process at Goldman Sachs, is now a managing director at energy private equity firm First Reserve.

Prior to Babcock, Macintyre spent 12 years at ABN AMRO Infrastructure Capital (formerly BZW) in Sydney and prior to that worked in the UK financial markets and professional accounting services firms in Australia.

A native of Australia, he intends to remain active in the North American infrastructure sector.