Dec 2008 – Dec 2011 · 3 yrs

• Duncan was responsible for arranging and managing all project finance activities related to the Company's public-private partnerships developments in North America.
• Duncan was actively involved in the secondary sale of a partial interest in 4 PPP assets.
• Duncan was chairman of the board of Infusion Health - the private sector developer of the $430 million Kelowna and Vernon hospitals in BC.
• Duncan was a member of the board of Women's College Health Partnership - the private sector developer of the $460 million Women's College Hospital Redevelopment Project in Downtown Toronto.
• Leadership of public-private partnership bids in the social infrastructure and transportation sectors
• Led the successful placement of over $2.5 billion of debt for PPP projects
• Sourced committed financing for over $4.5 billion of debt for PPP projects

Dec 2006 – Dec 2008 · 2 yrs

• Duncan was a senior member of the North American infrastructure team at Babcock & Brown and was instrumental in establishing Babcock & Brown's business in Canada.
• Duncan was involved in several project while at Babcock & Brown:
• Assisted in the capital raising for a $1.9 billion North American Infrastructure fund
• Led the successful bid and financing for the $634M Alberta Schools Project which involved the development of 18 schools in Calgary and Edmonton.
• Co-Led the successful bid and financing for the $265M Durham Consolidated Court House.

Sep 2005 – Dec 2006 · 1 yr 3 mos

• Duncan was a managing director and co-head of infrastructure for North America for ABN Amro Bank. Duncan was responsible for ABN AMRO's infrastructure activities in Canada and the US.
• During his tenor at ABN AMRO, Duncan oversaw the sale of a controlling interest in a $950+ million portfolio of infrastructure projects. ABN Amro sold its Canadian business to Babcock & Brown in 2006 and Duncan moved with the business.
• Duncan was the director of the project company responsible for the design, build, finance and operation of a $387 million, 300 bed regional hospital and cancer centre. The project was delivered as a public-private partnership. This project received the Canadian Council for Public Private Partnerships Gold Award for project finance.
• Gordon and Leslie Diamond Health Centre PPP, Vancouver, B.C.
• Director of the project company responsible for the design, build, finance and operation a $110 million ambulatory care facility. The project was delivered as a public-private partnership.
• Edmonton Ring Road PPP, Edmonton, Alberta
• Director of the project company responsible for the design, build, finance and operation of the $365M Anthony Henday Drive, South East Leg Ring Road in Alberta. The project received an award of merit from the Canadian Council for Public Private Partnerships Gold Award for project finance.

Dec 2002 – Sep 2005 · 2 yrs 9 mos · Vancouver, Canada Area

• Duncan helped establish Macquarie's infrastructure practice in Western Canada and worked on numerous project finance assignements:
• Sea to Sky Highway PPP, Vancouver, BC
• Financial advisor to the winning consortium for the $600 million Sea to Sky Highway between Vancouver and Whistler. Duncan was responsible for structuring and arranging $497.6 million of debt. Received the Canadian Council for Public Private Partnerships Gold Award for project finance.
• Kicking Horse Pass PPP, Golden, BC
• Financial advisor to the Province of BC regarding a $197 million upgrade to the Kicking Horse Pass portion of the Trans-Canada Highway.
• Okanagan Lake Bridge PPP, Kelowna, British Columbia
• Financial advisor to the Province of BC regarding the $180 million replacement of the Okanagan Lake Bridge.
• Leisure World Portfolio, Ontario
• Part of the team that arranged a bridge financing facility and a rated private placement facility to fund the acquisition of a 5,000 bed long term care portfolio.
• Calgary Courts Centre PPP, Calgary, Alberta
• Financial advisor to the GCK Consortium, the winning proponent to design, build, finance and operate a new $400 million, 1.1 million square foot court facility in Calgary.

Apr 1996 – Oct 2002 · 6 yrs 6 mos

• Duncan worked as part of the real estate investment banking team. Selected transactions included:
• Selection of Relevant Public Equity Experience
• Intrawest $89.4 million common share offering
• Retirement Residence $200 million IPO
• Intrawest $76.2 million common share offering
• Intrawest $67.8 million common share offering
• Burcon Corporation $200 million IPO
• Bentall Corporation $61.5 million special warrant issue
• Bentall Corporation $200 million IPO
• Selection of Relevant Debt Experience
• Morguard REIT $87 million convertible debenture
• CHIP REIT $55 million convertible debenture
• GWL private placement for Laurier House
• $125 million private placement for TD Square
• $125 million high yield notes for Intrawest
• $40 million private placement for Vancouver Film Studios
• $100 million private placement for Sheraton Wall Center
• $23 million private placement for Willingdon Business Ctr
• $125 million senior unsecured notes for Intrawest
• Selection of Relevant M&A experience
• BCR Marine – Buy side advisor for container terminal
• Concord Pacific – Advisor to the independent committee
• Bentall Corporation - Advisor to independent committee
• P&O Properties – Sellside advisor $500M sale of Laing Properties
• HOOPP- Sell side advisor for $143 million loan portfolio
• Royal Bank – Sell side advisor for $40 million loan portfolio
• Burcon Corporation – Buy side advisor for Concord Pacific Lands