Pinheiro Neto Advogados


IFLR1000 Reviews

Financial and corporate

Founded in 1942, Pinheiro Neto is a full-service firm in Brazil. It has grown to three Brazilian locations: São Paulo, Rio de Janeiro and Brasília, and two international locations: Tokyo and Palo Alto. The firm takes great pride in its gender diversity initiatives.  


Focusses / specialisms  

The firm is high performing and known for its financial and corporate and projects practices.  

The banking and finance team is a leading practice in financial services, banking and fintech. It represents lenders and borrowers, often on novel transactions.  

Capital markets work for the firm includes debt, equity and securitization transactions, representing both issuers and underwriters.  

The investment funds department provides advice on structured funds, real estate investment funds, private equity investment funds, ETF’s and receivables investment funds.  

The M&A team advises buyers and sellers in strategic and public transactions and mergers.  

The project finance and development team represent developers and financial sponsors in construction, energy, infrastructure, oil and gas and transport industry projects.  


Key clients  

The firm maintains strong relationships with many international banks and investment groups such as Goldman Sachs do Brasil Banco Múltiplo, JP Morgan, Banco Santander, Citibank, Bank of America Merrill Lynch and XP Investimentos. The firm’s other key clients include Neoenergia, CPFL Energia, Boeing and Natura.  


Research period review: 33rd edition (2022/2023) 

Over the research period, the firm was active in banking and finance, capital markets, investment funds, M&A, private equity, projects and restructuring and insolvency. 

The banking department worked with more borrowers than lenders on acquisition financing transactions in the technology and financial services sectors.  

In capital markets the firm was active on the equity and debt side, advising underwriters and issuers on green bond issuances as well as follow on offerings primarily in the financial services industry. 

The investment fund department advised financial institutions on credit rights investment funds and private equity funds.  

The firm’s M&A work consisted of public and private acquisitions as well as mergers, most of which was concentrated in the energy sector.  

In private equity, the firm was active in various sectors including financial services, energy, agriculture, technology and real estate, advising buyers and sellers in domestic and cross-border transactions.  

The projects team participated in the financing and development of projects, especially sanitation projects. The firm was also well engaged in the mining and transport sectors among others  

In restructuring and insolvency, the firm participated in insolvency proceedings and restructurings with high market impacts mostly in the financial services, agriculture and mining sectors.  


Deal highlights: 33rd edition (2022/2023) 

Cielo R$3 billion bond issue 

Gerdau $875 million financing  

LATAM Airlines Group Chapter 11 

Localiza/Unidas $10 billion merger  

Mubadala R$8 billion acquisition of Atvos Group 

Samarco restructuring 

TIM R$16.5 billion acquisition of Oi Móvel  


Client feedback: 33rd edition (2022/2023) 


“In-depth regulatory knowledge of Brazilian banking law. 


Banking and finance 

“They have a lot of knowledge in different fields. They are referenced in Brazil. The projects with the participation of Guilherme Monteiro were successful. 


Capital markets: Debt 

“Deep expertise in contracts, regulation and commercial aspects related to this issuance profile.” 

“They show technical expertise, consideration and agility.” 




They are knowledgeable, sophisticated and solutions orientated. 

“Diligent and business friendly. 

“They are very quick at providing feedback and are available for the calls. 

“They have business and legal knowledge and client orientation. They provide the availability of the senior team, with the personal involvement of senior partners, and a founder mentality, acting as if they were owners of the client. 


Thais Ambrosano 

“Problem-solving ability, good listening, good expertise in capital markets regulation, including commercial aspects, etc.” 


Bruno Balduccini 

“Bruno is certainly the best lawyer in banking law in Brazil. He has a deep knowledge of banking products and the challenges of financial institutions and always brings safe solutions to the problems presented.” 


Roberta Bolange 

“Roberta is dynamic, and solutions oriented. We are always happy to have her on our side of the table during negotiations.” 


Roberta Demange 

“She provides client care, communication and is business friendly.” 


Alexandre Jorge 

“Alexandre is very responsive, hands-on, results-focused and open to discussions and innovative solutions.” 




Carlos Lima 

Deep knowledge of our business and of the law, always focused on finding the best solution for the company and aligned with our values. He has a founders' mentality, acting as if he was one of the owners of the company. Without doubt he is a part of our team. 


Guilherme Monteiro 

“Guilherme is a person with a lot of knowledge in addition to concerning the legal sector. He knows a lot about the sector in which my company operates. His team that assisted us is extremely dedicated and efficient like him. He is always very attentive, and the fees have excellent cost/benefit.” 

“Agile and considerate. 


Rodolfo Schreuders 

Rodolfo is calm, knowledgeable, available and has a great focus on resolution.