Helping to create 530 new homes: Carlos Fernandez's role on a social housing project

Carlos Fernandez likes that his work allows him to have a positive, tangible impact. In his graduate year, he was given the opportunity to work on Macquarie's bid and financial close to build 530 new homes and apartments in Dublin as part of a social housing PPP project in Ireland.


Carlos Fernandez believes it's important that the work he does is challenging and that also has a positive, tangible impact across the different stakeholders of the projects. He feels he's found this balance as an Investment Banking Analyst in the Infrastructure and Energy team in Macquarie Capital.

Carlos initially joined Macquarie as an off-cycle intern in 2016 for 6 months, working in infrastructure principal investments covering EMEA and Latin America. Afterwards, he received a return offer to join Macquarie's graduate program in mid-2017.

The opportunity to make a direct impact

Over a two-and-a half year career with Macquarie, Carlos says the highlight has been working as part of the team building the financial model, carrying out the due diligence, and structuring the financing and equity investment for Ireland’s first social housing public private partnership (PPP) project.

The €120 million Social Housing Bundle bid was put together by a consortium including Macquarie Capital, John Sisk & Son Ltd and Choice Housing Ireland Limited, and reached financial close on March 2019. The project includes the financing, design, construction and maintenance of six social housing development sites located in and around Dublin, which will result in over 530 new homes and apartments.

“We secured the financing for this project and these homes are now being built and will be available in two years to tenants in Dublin," Carlos says. “It has a direct impact in society and will help people."

“I think that's one of the greatest parts of working in the Infrastructure and Energy team at Macquarie. This direct impact is a really important and interesting part of the job."

“I was proud to work on what was a very competitive proposal from both a financial and technical perspective," says Carlos.

A dynamic and holistic approach to infrastructure

Having completed a Master’s degree in Civil Engineering, Carlos was initially attracted to Macquarie for two key reasons.

“Macquarie is a leader in infrastructure investing and that was important to me, having earned a degree related to this field," Carlos says. “The Macquarie approach to infrastructure projects is also unique from a financial point of view, as a principal investor, only ever utilising Macquarie Group’s own balance sheet, and also from an advisory perspective.”

“Also, the Infrastructure and Energy Group is growing," Carlos explains. “And here there is a great opportunity to grow with the team."

A fast-paced learning ground with real results

Carlos describes his graduate year in Infrastructure and Energy as a fantastic training ground. He also liked that it kicked off with a month of formal training spent with other grads and peers from across the globe in New York and London.

Carlos says there's great variety in the work and no such thing as an average day. He often finds himself working on a couple of projects at the same time, including tasks such as financial modelling, due diligence, and discussing considerations with clients, co-investors, lenders and advisers.

“The most important part of the grad year for me was working on live transactions with the potential for real impact across a large number of stakeholders," says Carlos.

“I've learned a lot working across different jurisdictions (including Ireland, Colombia, the UK and Portugal), sectors, and types of projects. I had massive exposure from day one, and I took on responsibility while learning from others with more experience. Part of the process is gradually developing your own management skills."

Find out more about a career at Macquarie

Recruitment Fraud

If you are aware of or suspect that fraudulent employment offers are being made to prospective candidates in Macquarie’s name, please click here.

By providing personal details, submitting an application (including where you undertake video interviewing) or CV, or registering interest for employment with the Macquarie Group of Companies ('Macquarie'), you will supply Macquarie with personal information, including your application data, gender, right to work status, educational history and contact details ('your information'). Please note that, once entered, Macquarie will only collect, use and disclose your information where this is necessary for the administration of the recruitment process and, where applicable, your employment/engagement with Macquarie, or where Macquarie has a legitimate interest in processing the data. For example, this could be for the following purposes:

  • to assess and administer your application for employment/engagement in accordance with Macquarie's recruitment and administrative practices (including conducting psychometric assessment and reference checks);
  • to communicate with you in relation to your application or other suitable roles within Macquarie;
  • to comply with any legal or regulatory obligations;
  • internal reporting; and
  • to monitor and review Macquarie's recruitment practices.

In carrying out the above activities, your information may be controlled and processed by any of Macquarie's officers, affiliates, agents, contractors and service providers worldwide. Where it is necessary for your data to be transferred to other jurisdictions, Macquarie will take steps to protect your information against misuse or loss and will comply with local law (where relevant) in respect of the transfer. Please do not submit your information if you do not want your information to be dealt with in the ways described in this notice.

If your application is unsuccessful, Macquarie may retain your information on file for 3 years and may contact you if another role arises (if you apply for another role before the 3-year mark is reached, the 3-year period for all information will re-start from the date you apply for that subsequent role). When the 3-year mark is reached, Macquarie will make best efforts to either delete, anonymise or put personal information about you ‘beyond use’ within a period of 3 months. Please contact Macquarie if you do not want Macquarie to retain your information on file. If your application is successful, Macquarie will retain your information as part of your employment records.

You are not required by law to submit your information, but Macquarie may not be able to accept or process your application for employment if the information is not supplied. You may request access to your information (and the correction of incorrect information) at any time by contacting Macquarie at If you are in the European Union (EU) or the European Economic Area, you may also request that the personal data that you have submitted to us be transferred to another controller. Macquarie will address any such requests in accordance with the obligations applicable to us under the EU General Data Protection Regulation (GDPR).  If you are concerned about the way in which Macquarie has processed or used your personal information, you have the right to lodge a complaint with the Information Commissioner in your location, if available.

For further details on Macquarie’s approach to data privacy, please view Macquarie's Group Privacy policy.

You can contact us by phoning +61 2 8232 3333, faxing us at +61 2 8237 4544, writing to Macquarie Careers, GPO Box 4294 Sydney NSW 1164 Australia, or emailing

Policy updated December 2019.

This information is a general description of the Macquarie Group only. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. No information set out above constitutes advice, an advertisement, an invitation, a confirmation, an offer or a solicitation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any banking or financial service. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions. All securities and financial products or instrument transactions involve risks. Past performance of any product described on this site is not a reliable indication of future performance.