Carlos Fradique-Méndez > Brigard Urrutia > Bogota, Colombia > Lawyer Profile

Brigard Urrutia
CALLE 70A #4-41

Work Department

Banking and Financial Services; Capital Markets, Securities and Private Equity;Forex Derivatives and Structured Finance; ESG & Impact Investing




Carlos Fradique, senior partner of Brigard Urrutia with 30 years of professional experience, is a licensed practitioner in Colombia and a member of the New York Bar. Carlos has been a pioneer in the creation and consolidation of the Private Equity and Foreign Investment industry in Colombia and has been very active in a large number of upstream and downstream investment, infrastructure and financing transactions.

Carlos has consistently been selected as a top deal and regulatory lawyer in the Colombian financial market, as a top capital market lawyer in Latin America by Latin Lawyer and has been recognized as a “star individual” in banking and finance by Chambers & Partners. Carlos served as Chief Legal Officer and Head of the Legal Office of the Ministry of Finance/Treasury Department of Colombia and was also an associate with Shearman and Sterling in NYC.


Spanish and English


Member of New York State Bar Association


Lawyer from Universidad del Rosario. He holds a postgraduate degree from Universidad de Los Andes, an LL.M in International Commercial Law from Ottawa University and an LL.M in Banking and Finance from Boston University. He also graduated from the International Development Law Program of the International Development Law Organization in Rome, Italy and from the Program in Financial Law at Universidad de los Andes. 

Lawyer Rankings

Colombia > Banking and finance

(Hall of Fame)

Carlos Fradique-MéndezBrigard Urrutia

According to satisfied clients, Brigard Urrutia ‘focuses on providing a quality service‘. A longstanding heavyweight in the banking and finance arena, the firm houses one of the most comprehensive practices in the market and routinely advises on the full spread of related issues, from syndicated loans and project financings, through to fintech and regulatory-related matters. Among the names to note, infrastructure specialist César Felipe Rodríguez is commended for his ‘exceptional knowledge in project financing‘. Rodríguez also shines in acquisition finance; he notably acted as Colombian deal counsel to AT&T Services, Open Plaza Corp and the guarantor subsidiaries on a $506.1m financing from AT&T to Open Plaza, as part of the LBO of AT&T-owned Vrio Corp. High-profile name Carlos Fradique-Méndez handles a mix of transactional and regulatory matters, with strong skill sets in banking, finance, capital markets and private equity. Felipe Alarcón, a former Deputy Director at the Financial Superintendence, is particularly sought after for his expertise in financial regulation. Dual-qualified (Colombia/New York) María Fernanda Diago is well versed in advising both borrowers and lenders on cross-border transactions — as is senior partner Carlos Urrutia, who enjoys a strong international profile both due to his premier banking experience and his background as a former Ambassador of Colombia to the US. At the associate level, María Fernanda Sánchez and Juan Eduardo Gómez are recommended.

Colombia > Capital markets

(Leading individuals)

Carlos Fradique-MéndezBrigard Urrutia

Brigard Urrutia is ‘unbeatable in the capital market space’, according to some. A consistent performer in debt and equity mandates, the group also strikes a balance between acting for issuers and underwriters. Carlos Fradique-Méndez is recognised for his experience in cutting-edge capital markets matters, where he combines strong transactional and regulatory expertise. Fradique-Méndez co-heads the department alongside corporate finance specialist Luis Gabriel Morcillo; together they represented the underwriters (Citigroup Global Markets, BofA Securities and JP Morgan Securities) on Banco Davivienda’s $500m issuance of perpetual bonds in the international market — which represented the first offering of its kind by a Colombian institution. Among its issuer-side highlights, the same team acted as Colombian counsel to AI Candelaria (Spain) on its $600m bond offering. In September 2021, senior associate Felipe Calderón left for Citibank, while two months later Luis Alejandro León joined as a senior associate from the Ministry of Finance and Public Credit.

Colombia > Projects

Brigard Urrutia‘s multidisciplinary practice draws on partners from across the full-service firm to provide comprehensive coverage of projects law in Colombia. A particularly strong performer in project finance, the group routinely represents lenders and sponsors on major deals in the energy, social infrastructure and economic infrastructure spheres. Among the names to note, managing partner Carlos Umaña is recognised for his broad expertise in public procurement, infrastructure and energy law. Carlos Fradique-Méndez‘s corporate finance prowess positions him as a key contact for project finance transactions, particularly cross-border mandates. Claudia Navarro has a distinct regulatory angle to her practice and is noted for energy projects. Other key names include banking and finance partners César Felipe Rodríguez, María Fernanda Diago and Felipe Alarcón. The team also benefits from a strong second line of associates, including Julián Parra and Juan Pablo Canaval (who both focus on public law and infrastructure), and Juan Carlos Padilla, who joined the team in August 2021 from Transportadora de Gas Internacional.

Colombia > Corporate and M&A

According to satisfied clients, Brigard Urrutia is distinguished by ‘its quality of work, efficiency and agility‘. A transactional powerhouse, the firm leverages its full-service model to pack a punch in advising major national and multinational companies on the full spread of corporate and M&A matters — across all business sectors. The group demonstrates adroit handling of headline-grabbing deals for both sellers and acquirers, and it is also well-equipped to advise on compliance and non-transactional matters. High-profile M&A co-head Sergio Michelsen Jaramillo is an instantly recognisable name for corporate deals and brings to bear over three decades of experience on sophisticated transactions. Michelsen recently teamed up with dual-qualified (Colombia/New York) corporate heavyweight Jaime Robledo and up-and-coming specialist Tomás Holguín to advise former shareholders of Productos Familia (including Valores Industriales, Reforestadora y Manufacturera los Retiros and members of the Gómez family) on one of the year’s marquee deals: Essity’s $1.5bn acquisition of approximately 44% of Productos Familia through a tender offer. In another cross-border highlight, Darío Laguado Giraldo teamed up with corporate finance expert Carlos Fradique-Méndez to act as local counsel to Alpha Capital CFG on its acquisition, out of bankruptcy, of the payroll loan portfolio of Alpha Latam Management and its subsidiaries in Colombia. Other key partners include Álvaro Cala, who specialises in the aviation and real estate sectors, Fernando Alfredo Castillo, who has a good record in cross-border work, as well as managing partner Carlos Umaña and senior partner Carlos Urrutia. The department also benefits from a deep bench of associates, including dual-qualified Paola Ordoñez (M&A), Laura Ricardo Ayerbe (M&A, corporate and commercial) and Barranquilla-based Andrea Camila Cruz (M&A, corporate and commercial). Two changes in September 2021 saw Ángela García Páez promoted to director within the corporate and M&A team, while former senior associate Daniel Moncaleano left to join Willkie Farr & Gallagher LLP in the US.