Pedro Rufino Carvalho
Partner
London
pedro.rufinocarvalho@lw.com
+44.20.7710.1070
PRACTICES
- Banking
- Latin America Practice
- Mergers & Acquisitions
- Private Equity
- Private Equity Finance
- Project Development & Finance
INDUSTRIES
- Energy & Infrastructure
- Energy Transition
- Financial Institutions
- Technology
EDUCATION
- LLM, London School of Economics and Political Science, 2010
- Bachelor in Law and Economics, Universidade Federal do Rio de Janeiro, 2005
summa cum laude
LANGUAGES SPOKEN
- English
- Portuguese
- Spanish
PROFILE
Pedro Rufino Carvalho advises clients on high-profile financing and corporate transactions, particularly involving Brazil’s energy, infrastructure and alternative asset management sectors, as well as in a wide range of other emerging markets.
Pedro draws on extensive experience both in private practice and in-house in several jurisdictions and a sophisticated understanding of local economic trends to guide clients on:
- Financings
- Project development
- M&A
- Joint ventures
- Energy and infrastructure investments
- Private investment fund-related matters
Prior to joining Latham, he was managing director and global general counsel for a NASDAQ-listed international alternative investment firm. Before that, he was a partner in the London office of another global law firm.
EXPERIENCE
Pedro’s experience includes advising on:
- The US$155 million project financing of a floatel vessel to be chartered and operated offshore Brazil*
- The business combination between Patria Investments and Moneda Asset Management, involving cash and equity consideration exceeding US$350 million, and leading Patria to manage more than US$20 billion in assets under management (AuM)*
- The cross-jurisdictional carve-out M&A through which Patria acquired business units of Abrdn, leading to inorganic AuM growth exceeding US$10 billion*
- The Structuring Carry Programs for a wide range of private funds*
- The US$120 million letter of credit facility for an acquisition finance deal relating to exploration and production (E&P) offshore in the Campos Basin (Brazil)*
- The US$80 million prepayment facility relating to E&P blocks in the Campos Basin (Brazil)*
- The US$500 million takeover by a FTSE 250 company’s of an international E&P company*
- The US$900 million acquisition and acquisition financing of E&P assets offshore Brazil*
- The US$1.5 billion acquisition of a 50% equity stake in a Brazilian E&P company’s African subsidiary*
- The US$50 million bridge loan to finance the acquisition of three vessels to be operated in the Gulf of Mexico and offshore Brazil*
- The US$700 million reserve-based lending facility in connection with the development of Nigerian oil fields of a major oil company with assets in multiple African jurisdictions*
- The NOK450 million reserve-base lending facility in connection with North Sea assets*
- The US$200 million acquisition of a brownfield E&P asset offshore Brazil (followed by an export prepayment financing)*
- The US$250 million divestment of an Austrian entity active in the shipping sector*
- The US$280 million pre-export financing provided by a major trading house in connection with offshore oil blocks in Ghana*
- The US$310 million reserve-based lending facility to acquire Shell’s full E&P portfolio in Gabon*
- The US$100 million renegotiation of a project financing to finance the acquisition of oil rigs in West Africa*
- The US$120 million reserve-based lending to acquire E&P assets in Equatorial Guinea*
- The joint venture structure to invest in brownfield energy projects in Venezuela*
- The investment into greenfield windfarms in Argentina by a Chinese state-owned entity*
- The US$165 million reserve-based lending facility and renegotiating its terms as a consequence of several technical defaults of a Kuwait-based lender*
- The US$850 million farm-out transaction of a 40% stake in an oil block offshore Brazil*
- Analyzing legal impacts arising from terminating bareboat charter agreements for floating production storage and offloading (FPSO) vessels to be operated offshore Brazil, involving an amount exceeding US$1 billion*
- The US$150 million inventory financing to fund a global tobacco conglomerate, involving five jurisdictions*
- Fund formation by private funds involving cross-jurisdictional work in more than 10 jurisdictions globally in amounts exceeding US$5 billion*
- Several fund liquidity solutions, including capital call and NAV financings by private funds*
*Matter handled prior to joining Latham