Credit Suisse infrastructure head Tim Foy jumps to JPMorgan
Seasoned infrastructure banker Tim Foy is set to join JPMorgan’s Sydney offices, after his employer Credit Suisse’s forced marriage with UBS.
Foy in his RBC days. Peter Braig
Foy would join JPMorgan before year-end, and serve as its head of infrastructure for Australia and New Zealand. It’s the same role that he held at Credit Suisse.
“Tim has deep infrastructure sector experience and a distinguished career gained over 25 years advising clients across a range of transformational mergers and acquisitions, and capital markets transactions,” JPMorgan’s Australia and New Zealand investment banking boss Julian Peck said. “In this newly created role, Tim will be based in Sydney and will work closely with the firm’s product bankers to build out the franchise and leadership in the infrastructure sector.”
The hire gives JPMorgan’s local outpost solid infrastructure advisory credentials, especially when combined with Peck’s rich experience in sector.
Foy’s spent more than a decade at top roles in investment banking. Before joining Credit Suisse in early 2022, he was Jefferies’ head of infrastructure for three years, and served as RBC Capital Markets’ infrastructure and M&A head across a 13-year stint.
He’s worked on big-ticket M&A like Canadian pension giant OMER’s $1 billion-odd acquisition of a 19.9 per cent stake in NSW electricity transmission network TransGrid.
He advised Aware Super on its$2.6 billion joint acquisition of the NSW Land Registry in 2017 and followed up next year with an advisory role on Aware’s $2-billion-plus purchase of the Victorian Land Titles Registry.
Foy is also close to AustralianSuper, and worked on the pension giant’s Ausgrid selldown and acquisitions of Optus towers. His other deals have included
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