Ricardo J. García-Negrón

Bar Admissions

• Commonwealth Puerto Rico
• U.S. District Court District of Puerto Rico
• District of Columbia
• Florida

Education

B.S., Magna Cum Laude, Max M. Fisher College of Business at The Ohio State University, 2004

• Major: Finance

J.D., Magna Cum Laude, University of Puerto Rico Law School, 2009

Certified Legal Specialty

Civil Law Notary

Memberships

Puerto Rico Bar Association

American Bar Association

• Served as counsel in the business restructuring of corporate and operational structure of four related private universities in Puerto Rico and Florida with combined 28 satellite campuses and 20,000 students to consolidate accreditation by Middle States Commission on Higher Education (MSCHE) in compliance with U.S. Department of Education requirements, as well as those of its two major private equity investors.
• Seller’s counsel in connection with the $25 million sale of two hospitals in Puerto Rico and the redemption and repayment of outstanding AFICA Bonds (Tourism Revenue Refunding Bonds, 1999 Series A), which at the time had an outstanding par amount of $17.11 million.
• Counsel in the formation and fundraising of Guayacán Fund of Funds IV, L.P., with a successful capital raise of $84.1M, the largest fund in the Guayacán Family of Funds and also the largest private equity fund raised in Puerto Rico to date.
• Counsel in the formation and fundraising of Guayacán Fund of Funds V, L.P.
• Counsel in the formation and fundraising of the Puerto Rico IDEA Seed Fund, LLC, a new vehicle providing early stage risk capital for local ventures under an unprecedented partnership between the federal government, private partners, and individual investors in Puerto Rico.
• Real Estate counsel in the development and financing of a $209 million regional wind renewable energy project, as well as the development and acquisition of multiple solar energy projects.
• Served as local counsel to Autopistas Metropolitanas de Puerto Rico LLC, an Abertis/Goldman Sachs consortium that was awarded a concession to operate and maintain two major toll roads in Puerto Rico. This is the first public-private partnership project developed under the Puerto Rico Public Private Partnerships Act of 2009.
• Local counsel in Liberty Cable's acquisition of OneLink and Choice Cable, and the consolidation of Puerto Rico cableTV industry.
• Local borrower counsel for incremental term loan facility in the amount of $85,000,000.
• Investor’s counsel in Series A round in form of convertible preferred shares of leading aviation fuel service provider in Puerto Rico.
• Counsel in the reorganization of leading private higher education institution in Puerto Rico.
• Served as bond counsel and underwriter’s counsel in bond issues of Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority (AFICA) and Puerto Rico Public Finance Authority.
• Represent Sol Puerto Rico Limited (owner of Shell’s business in Puerto Rico) on all service station network leasing matters.

Ricardo is ranked as one of Puerto Rico’s Leading Attorneys in the Corporate field by Legal 500. He is also ranked in the Corporate and M&A Law field by the Best Lawyers in Puerto Rico guide

He is an active member of the Firm’s Pro Bono Program, providing assistance to emerging companies and non-profit organizations.

Ricardo is the Founder and Executive Director of FunCugar (Fundación Cultural García) an Afro-Puerto Rican non-profit organization dedicated to relieve the poor, distressed and underprivileged, combat community deterioration, and lessen prejudice and discrimination.

He is also Executive Director of Consolato REM Brega!!!, an Afro-Puerto Rican non-profit organization dedicated to supporting Puerto Rican artists and art organizations in achieving international exposure.