Macquarie Infrastructure & Real Assets (MIRA) has appointed John Bruen as a Managing Director in its London office. Reporting to Edward Beckley, Head of MIRA in Europe, Mr Bruen will focus on furthering the development of MIRA's transport sector group.

Mr Bruen has considerable expertise in infrastructure mergers and acquisitions (M&A) and joins MIRA from Ferrovial Aeropuertos where he was Corporate Development Director in Madrid from October 2005. In this role, Mr Bruen was responsible for all M&A activity at BAA and Ferrovial Aeropuertos including the BAA non-core asset divestment programme and business development activity.

During the last months, Ferrovial has sold different pieces of FGP Topco Ltd., the holding company which owns Heathrow Airport Holdings Ltd. (HAH), to institutional investors from China, UK, Qatar and Singapore for a total value of more than £1 billion. The last transaction took place on tuesday, when Ferrovial sold a 8.65% stake in FGP Topco Ltd. to the Universities Superannuation Scheme Limited (USS).

Prior to joining Ferrovial, he was a Director in the Structured Finance team at Royal Bank of Canada where he focused on infrastructure financing.

Edward Beckley, Head of MIRA in Europe, said:

"We are delighted to welcome John to MIRA. His significant experience in infrastructure financing combined with his expertise in the aviation and transport sectors make him a valuable addition to our European business."

MIRA is a leader in alternative asset management worldwide, specialising in infrastructure, real estate, agriculture and other real asset classes through public and private funds, coinvestments, partnerships and separately managed accounts.