Bruce Almighty! Infra veteran takes his leave

afr.com:

Wall Street giant Goldman Sachs’ local chairman of corporate advisory, Bruce MacDiarmid, is hanging up his boots after more than 30 years in the industry.

Bruce MacDiarmid in his Deutsche Bank days. Andrew Quilty

The retirement was announced in memo sent to staff on Monday morning by the firm’s local investment banking co-heads Nick Sims and Zac Fletcher.

A veteran infrastructure banker, MacDiarmid, worked on landmark deals including co-advising the Baird government on its $34 billion poles and wires deal.

He joined Goldman Sachs in 2018, and was involved in Infigen’s $841 million sale to Spain’s Iberdrola and Tilt Renewables’s sale to a consortium including Future Fund, QIC and AGL Energy. He had also served as a member of the Asia Pacific Commitments Committee since 2018.

Prior to Goldman Sachs, he was Deutsche’s co-head of corporate finance and Asia Pacific head of natural resources. And before Deutsche, he served as Rothschild Australia’s co-head.

“During his tenure at the firm, Bruce has made important contributions building and deepening relationships with senior clients and non-executive directors across multiple sectors. He has been a valued advisor to many of our clients and has advised on a number of important transactions for the firm,” Fletcher and Sims said in the memo.

“In addition to his commercial contributions, Bruce has demonstrated a strong commitment to our people and culture by mentoring and developing our next generation of bankers.”