Corrs takes Macquarie Bank heavyweight
Corrs has boosted its major projects and M&A capabilities with the appointment of a former Macquarie Bank heavyweight.
CORRS Chambers Westgarth has boosted its major projects and mergers and acquisitions capabilities with the appointment of a former Macquarie Bank heavyweight.
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Rob Drake, a former financier who worked as a senior corporate finance infrastructure adviser at Macquarie, joins Corrs' Sydney office.
The firm says the new recruit is well placed to offer strategic advice from a legal and commercial perspective, in the complex infrastructure sector.
John Denton, the firm's partner and CEO, said Drake's background in identidication and management of risks is valuable in the current competitive infrastructure environment.
"[His] experience in a range of infrastructure projects has allowed him to develop a deep understanding of the requirements of diverse stakeholders such as contractor sponsors, local and offshore infrastructure investors, project lenders and government agencies," said Denton.
At Macquarie, Drake led teams in a range of corporate finance deals, including bids by Degremont and Veolia for a series of water treatment and desalination projects in Victoria, Perth and Sydney.
He was also involved in the Macquarie's acquisition of BT Australia, ING Equities Asia and First South Securities.