Manuel Groenewold has over twenty years of experience and more than ten years at White & Case. His main areas of expertise include capital markets and debt finance, corporate law, bankruptcy/insolvency and corporate reorganization, as well as privatizations, mergers & acquisitions and asset sales.
Manuel has ample experience in securities offerings in both international and local markets, including having participated in a large variety of issuances under United States' Regulation S and Rule 144A, not only for private issuers but also for government agencies. He has participated in a wide range of capital market transactions, including subordinated notes for local banks, CKDs, Fibra E, securitizations and structured securities. He also has solid experience in debt finance; he has advised on local and cross-border loans granted by financial institutions and regularly provides advice relating to banking regulations.
Up until July 2001, Manuel served as General Legal Director of Deposit Insurance at the Instituto para la Protección al Ahorro Bancario (IPAB) Mexico's deposit insurance entity. At IPAB he participated in the design of the new deposit insurance system, the implementation of financial support programs, IPAB's debt restructuring, the negotiation of credit agreements and the sale of financial entities.
From 1995 to 1998, Manuel worked at the Mexican Ministry of Finance: first, at the General Direction of Public Credit, participating primarily in the drafting and negotiation of public external debt agreements, particularly the issuance of bonds by the Federal Government (UMS SEC shelf-registered bonds, as well as offerings pursuant to Regulation S and Rule 144A) and public sector entities in international capital markets. In 1997 he was appointed Director of the General Direction of Banks and Savings, where he participated in the implementation of the new pension funds system, and was actively involved in the design of the regulatory framework for Afores. From 1994 to 1995, Manuel worked at the Mexican Banking and Securities Commission, where he primarily participated in the revision of the requests filed by NAFTA-based financial institutions to obtain authorization to establish their Mexican subsidiaries.
Manuel has vast experience in handling the authorization process with local regulators for financial institutions on diverse type of situations. He actively participates in the licensing of financial institutions, such as newcomers Goldman Sachs and Kuspit Casa de Bolsa (the first 100% Internet-based broker-dealer operating in Mexico) on obtaining their regulatory authorizations.
Manuel has also served as a member on the board of directors of several Mexican companies, such as Aeromexico, Goldman Sachs México Casa de Bolsa, Kuspit Casa de Bolsa and The Bank of New York Mellon México.