Marco Fernandes is a member of BRG’s Global Investigations + Strategic Intelligence practice, based in Brazil. He has more than 20 years of leadership experience in the areas of investigations, finance, and administration. He has led relevant projects in dispute advisory, forensic accounting, restructuring, mergers and acquisitions, project finance, and business governance. He has worked in coordination with boards of directors, in-house and outside legal counsel, and external and internal auditors; and has a record of successfully initiating, organizing, and managing large corporate projects and teams at the international level. He has worked on international engagements with particular experience in Brazil, Mexico, and the United States. He has native fluency in Portuguese, is fluent in English, and has advanced knowledge in Spanish.
Before joining BRG, Mr. Fernandes was chief restructuring officer and CFO for one of the largest Brazilian construction companies under distress. He was directly in charge of the entire worldwide restructuring process (judicial recovery), heading all major debt renegotiation and initiating and preparing the formal restructuring plan filed with the court of justice. He was also responsible for direct negotiations with domestic and international creditors, lenders, bondholders, and banking syndicates. The total debt renegotiated, including credits outside of the restructuring process, was in the billions of dollars. He was also in charge of the operational restructuring, downsizing, and matching of company operations to the current level of cash generation.
Prior to that, Mr. Fernandes served as CFO of a multinational telecommunications company in Brazil and was responsible for finance, controllership, procurement, and legal operations. He advised the CEO and board of directors on business strategy development and financial structures for potential acquisitions and joint ventures. In addition, he was responsible for long-term funding structures: development banks, project finance facilities, and commercial bank club deals. He led two relevant funding projects with BNDES and a group of private banks in a club deal facility.
Mr. Fernandes was also previously head of project and structured finance for the infrastructure investment arm of a global organization with a presence in 23 countries and revenues of roughly $50 billion. He was responsible for analyzing and conducting investments in urban mobility, airports, ports, and toll roads throughout Brazil. Financial solutions included debt and equity instruments and capital market tools, including several concession projects, mostly in Northeast Brazil.
Previously, Mr. Fernandes was head of M&A and Project Finance with a large Brazilian construction companies, with focus on oil and gas, infrastructure, and energy. He coordinated and executed several relevant transactions: investment grade international private placement of $300 million; international project finance with ECAs in Norway and Korea ($900 million); bidding process for the acquisition of two drill ships to be chartered to Petrobras ($1.7 billion); divestment of a fleet monitoring company ($20 million); M&A deal for divesting two transmission lines ($200 million); placement of $100 million in international subordinated debt; several securitization of contracts for over $150 million; support in structuring an investment fund for a real estate business; and $1 billion finance for the construction of two ultra-deepwater drilling platforms. This final project was Awarded “Deal of the Year in the Americas” by Project Finance International and “Deal of the Year Latin America” by Project Finance magazine, both in “Oil & Gas” in 2007.
Earlier in his career, Mr. Fernandes worked for a Big Four professional services firm in Brazil, Chicago, and Mexico City. He was a supervising senior associate for Dispute Advisory Services and key team member in several litigation projects, including damages calculation, testimony, loss of profit, and breach of contract. He was also involved in forensic accounting projects, such as earnings management, money laundering, and other various accounting issues in the United States and Mexico. He was part of the team responsible for verifying anti-money laundering policies in Banco Nacional de Mexico (Banamex – Mexico City), when acquired by Citigroup.