Logo Courtesy of EY

EY Transaction Advisory Services Unifies Infrastructure and Appoints New Leadership

Originally Published by EY.

EY Transaction Advisory Services (TAS) has announced an initiative to unify its infrastructure capabilities across practices in the Americas and appointed new leadership. 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.

Latest News

5 Biggest News Stories of the Week: August 11

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Eli Lilly Plans…

The Importance of Business-Community Partnerships

Businesses increasingly play a key role in building stronger communities. It’s something that people in the past few years have come to expect. It’s created not only a way to improve local communities, but also boost an organization’s employee morale, loyalty and brand reputation. One of the main ways businesses…

CDO Series: Humana’s Carolyn Tandy

Following the murder of George Floyd, the role of Chief Diversity Officers has become more important as companies started to be more intentional with their diversity, equity and inclusion efforts, which has made the last few years tumultuous for many CDOs. In the first interview of a series of articles…

The Importance of Education-Focused Community Partnerships

Community partnerships focused on education are vital to creating and improving the network that connects diverse, underrepresented students and young professionals with employers seeking new talent. For Stephanie Turner, VP of Inclusion, Diversity and Social Innovation at MITRE, advocation starts at the root of education: grade school curriculum, especially in…

5 Biggest News Stories of the Week: August 4

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. The Supreme Court’s…