Rob Collins leaves Morgan Stanley(3)

The managing director who advised the Commonwealth of Pennsylvania on its attempted $12.8bn lease of the Pennsylvania Turnpike will head infrastructure advisory for boutique investment bank Greenhill & Co.

Rob Collins, the head of infrastructure investment banking for the Americas at Morgan Stanley, has left the firm to join boutique investment bank Greenhill & Co.

Collins will head the boutique investment bank's advisory effort for infrastructure in the Americas, Greenhill said in a statement released Monday.

InfrastructureInvestor first reported news of Collins' departure last Friday.

Collins, who last year was promoted at Morgan Stanley to managing director, has served as an advisor on a number of the most prominent infrastructure deals in the US.

Last year, he advised the Commonwealth of Pennsylvania on its attempted $12.8 billion lease of the Pennsylvania Turnpike. In 2004, he worked with former Goldman Sachs principal Mark Florian in advising the City of Chicago on its $1.8 billion long-term lease of the Skyway toll bridge.

A number of other executives involved in the Pennsylvania Turnpike transaction have now 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. Malcolm Macintyre, who led Babcock & Brown's bidding team, has also left the firm.