Barclays is adding to its infrastructure advisory capabilities with the recruitment of Michael van der Beugel from Macquarie Capital, a spokesperson for Barclays confirmed.

London-based van der Beugel will join Barclays in December as a managing director and will co-head infrastructure coverage for EMEA, alongside Paolo Arena, according to three sources familiar with the situation.

He will report to Thomas Vignon, head of Barclays’ Financial Sponsors Group for EMEA, according to the sources.

Van der Beugel was most recently a managing director at Macquarie, which he joined in 2016, having previously worked there from 2007 to 2010 also in infrastructure advisory, according to his LinkedIn profile.

Between these stints he was at Deutsche Bank working on M&A in industrials and he has also worked at Goldman Sachs.

Other infrastructure specialists currently at Barclays include power, utilities and infrastructure managing director Thomas Fureder and Rohit Kumar Das, a director in transportation and infrastructure.

Van der Beugel’s departure from Macquarie comes after its London-based global head of digital infrastructure Oliver Bradley recently left, as did fellow digital infrastructure specialist Pablo Riestra.

Recent infrastructure-related financial advisory mandates at Macquarie Capital include working with Macquarie Asset Management’s Farnborough Airport on a GBP 450m refinancing and plastic crate supplier Cartonplast on a EUR 230m refinancing.

Barclays’ recent infrastructure activity includes advising KKR Infrastructure on the sale of a stake in UK energy-from-waste business Viridor to Equitix.

Macquarie declined to comment. Barclays declined to comment beyond confirming van der Beugel’s appointment.