Gerard A. Gil
Managing Director

Former Government Executive; Strategic Advisor, Energy, Infrastructure & P3s

Gerard A. Gil is a Managing Director at Ankura with more than 10 years of experience as a strategic advisor, public sector official, and practicing attorney with a focus on public utilities (energy, water, and transportation), real estate, public finance, public-private partnerships, and distressed debt management. His experience includes leadership roles in the execution of complex multi-billion dollar transactions, including the successful execution of several landmark public-private partnerships, and working in distressed borrower situations. Gerard has also been closely involved in the development and management of commercial and residential real estate projects in Puerto Rico, with total buildout costs of over $50 million.

  • Experience

    Prior to joining Ankura, Gerard served as senior vice-president of the Government Development Bank for Puerto Rico, financial advisor and fiscal agent to the government of Puerto Rico and its public corporations. In that capacity, he worked on a variety of strategic matters related to the development of infrastructure, public-private partnerships, and on the debt and operational restructuring of certain government-owned utilities with over $14 billion in collective financial liabilities.

    From 2009 to 2013, Gerard served as chief legal officer and board secretary of the Puerto Rico Public-Private Partnership Authority, a then newly created Government Development Bank affiliate, with the mission of establishing public-private partnerships. Gerard led multidisciplinary teams of government officials and private sector advisors in executing the following landmark transactions:

    • Concession to finance, repair, operate, and maintain highways PR-22 and PR-5, a transaction valued at more than $1.4 billion (including a lump-sum payment at closing of $1.136 billion).
    • Long term lease to finance, operate, maintain, and improve the Luis Muñoz Marín International Airport, a transaction valued at approximately $2.6 billion (including a lump-sum payment at closing of $615 million) and the first privatization under the Federal Aviation Administration’s Airport Privatization Pilot Program.
    • Deployment of a project known as “Schools for the 21st Century,” which allowed for the investment of approximately $756 million in the construction and modernization of approximately 100 public schools.

    Several of these projects were recognized internationally as Infrastructure Investor’s Global Infrastructure Deal of the Year; Global PPP Transaction of the Year; North American PPP Transaction of the Year; and the Project Finance International Deal of the Year.

    Prior to joining the public sector, Gerard worked in private law practice advising clients on matters pertaining to corporate transactions, land-use permitting, energy law and power purchase agreements, government affairs, public finance, and real estate development.