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1492 Avenida Ponce de León, San Juan, PR 00907, United States of America

(787) 723-8300

Who We Are

RioBlanco Capital is a premier Puerto Rico-based private equity and real estate asset management firm founded in 2015 that provides liquidity and growth capital to underserved markets and assets. Our focus is on value creation and reimagined asset enterprises. We have a flexible approach to investing and are open to a wide range of capital investment opportunities throughout the USA, Latin America, and Puerto Rico. We are uniquely qualified to pursue these assets based on our dedicated team and unparalleled contacts. Our strategic location allows us to be at the heart of the region, near our investments and projects. The founding team and every member of our staff have outstanding experience leading innovative investment projects. Our unique mix of shareholders enables us to support our considerable resources and bring a pragmatic mindset to drive significant long-term value creation.

 

With over 100 years of cumulative investment experience and niche market expertise in investment banking, private equity, and real estate throughout the Americas, RioBlanco Capital approaches each opportunity with a proven track record. Navigating organizations through change can be difficult; we have made that journey many times and recognize the time, resources, and perseverance required to be successful. We draw on that experience to tailor workable solutions based on the unique needs of each situation.


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Oliver Gillier

Co-Founder & Principal

Olivier Gillier is the co-founder and Principal of RioBlanco Capital LLC. Formerly, he was a Senior Vice President at Merrill Lynch International’s division in New York, where he worked for eight years. Before joining Merrill Lynch, he worked at Citigroup in New York. He began his career as a consultant at Arthur Andersen Business Consulting in Brussels, Belgium. During his career in Finance, Mr. Gillier was also an Adjunct Professor for six years at VLEKHO-Business School in Brussels, Belgium, where he taught “Portfolio Management and Securities Valuation” to finance majors, with a second tenure as an adjunct professor at the University of Monaco. He is currently a member of the board of trustees of the ICLA Da Silva foundation. In addition, he was recognized for “Showing promise and Excellence in the Economic and Commercial Field” by the Institute of Directors.



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Gabriel Jimenez

Co-Founder & Principal

Gabriel Jimenez is a co-founder and Principal of RioBlanco Capital LLC, an asset manager based in Puerto Rico. Throughout the years he has successfully acquired and operated multiple business in different industries, with most notable success in real estate. He began his career 20 years ago working for his family business, a construction related contractor, applying himself to the challenging world of development and construction at an early age. Mr. Jiménez has extensive knowledge and experience in real estate finance and management, with a singular talent for redeveloping and repositioning assets. Mr. Jiménez has ubiquitous relationships among Puerto Rico’s business community.  Mr. Jiménez studied finance in Bentley College.

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Rafael Aponte

Vice President - Head of Real Estate Operations

Mr. Aponte is a Portfolio Manager for RioBlanco Capital, LLC, and heads the Property Management team. Mr. Aponte is responsible for managing the acquisition, redevelopment, lease-up, and marketing of assets within the RioBlanco Capital real estate portfolio. Mr. Aponte oversees the sourcing and acquisition of resources for each asset, existing and prospective tenant improvements, and all contractors during asset renovations and rehabilitation. Prior to joining RioBlanco, Mr. Aponte managed a residential and commercial real estate portfolio owned by a local family office. Mr. Aponte received a BBA from the Universidad de Puerto Rico in 2001.


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Wilfredo Gonzalez

CFO

Mr. Gonzalez spent the last 30 years overseeing several multinational corporations’ accounting departments for the Puerto Rico subsidiaries. He began his career as Assistant Comptroller for Turner Construction Company. He later spent 18 years as Comptroller for Pulte International Caribbean Corp, the Puerto Rico branch of Pulte Group Inc, a Fortune 500 company and the third largest homebuilder in the US. During his tenure, Wilfredo directed all accounting functions and financial planning for an operation with sales of over 100 million dollars a year. In addition, he worked as Finance Director for Orthofix, a publicly traded medical devices company, for four years. Wilfredo is a Certified Public Accountant and received his Bachelor’s Degree and MBA and is finishing his Ph.D. from the Inter-American University of Puerto Rico.



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Juan C. Feliciano

General Counsel & Head of Tax Planning

Juan joined RioBlanco in 2023 and has over ten years of experience providing tax and legal services. Juan’s experience ranges from delivering US federal and PR income tax advice, developing tax-efficient structuring strategies, assisting clients with obtaining PR tax incentives, and working on M&A deals, to providing general corporate law and tax advice to funds and asset managers locally and internationally. As General Counsel and Head of Tax Planning, Juan oversees RioBlanco’s internal compliance, assists RioBlanco in structuring its investments tax-efficiently, and works closely with our external advisers on legal and tax matters. Before joining RioBlanco, Juan worked at Pietrantoni Mendez & Alvarez LLC in San Juan, PR, and the Price Waterhouse Coopers LLP (PwC) Washington, DC, and NYC offices. Juan also has served as an external tax advisor to DLA Piper and PwC in San Juan. He is admitted to practice law in Puerto Rico and is a Certified Public Accountant; he also received an LLM in International Taxation from Georgetown University.


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Lizbell Betancourt

Senior Accountant & Office Manager

Ms. Betancourt is the Operations Manager for RioBlanco Capital, LLC. Ms. Betancourt has been with the company since its inception. Ms. Betancourt provides outstanding customer support, superior team oversight, and impeccable follow-through. In addition, Ms. Betancourt is a proven relationship builder and problem solver. Ms. Betancourt oversees regulatory compliance, Accounting, and Financial reporting. Before joining Rio Blanco, Ms. Betancourt worked in the pharmaceutical industry as a Financial Analyst for IPR Pharmaceuticals, Inc. Ms. Betancourt is bilingual in English and Spanish. She received her Bachelor’s Degree in Business Administration from the University of Puerto Rico and her Master’s Degree in Accounting from the Universidad del Este.


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Vanessa Ghigliotty

Investor Relationship Manager

Ms. Ghigliotty is the Operations Manager for RioBlanco Capital, LLC. Ms. Ghigliotty provides in-depth business prospects research, gathering information, summarizing findings, and generating reports. In addition, Ms. Ghigliotty oversees the redaction and preparation of presentation materials and performance packages. Ms. Ghigliotty serves as company liaison while maintaining the highest degree of confidentiality. Before joining Rio Blanco, Ms. Ghigliotty worked for premier Financial Service, Real Estate, and Architecture firms in New York City. Ms. Ghigliotty received her Bachelor’s Degree from Syracuse University.


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Rodrigo Corral

Asset Manager

Rodrigo Corral is an Asset Manager for RioBlanco Capital, LLC as part of the growing Real Estate and Asset management team. Mr. Corral is responsible for managing and marketing assets within the RioBlanco Capital real estate portfolio. Mr. Corral manages existing and prospective tenant improvements, and contractors during asset renovations and rehabilitation, and generates marketing materials for current and upcoming campaigns. Prior to joining RioBlanco, Mr. Corral received a B.S. in Marketing from St. Joseph University in Philadelphia, PA.


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Isha Ortiz

Asset Management Associate

Ms. Ortiz is the facilities and maintenance coordinator for Rio Blanco Capital LLC. Isha is responsible for maintaining all areas organized, from office work to handyman duties of the commercial building. Her expertise in customer service has driven her to maintain a high level of communication with our tenants and to ensure that the service is provided. Additionally, Ms. Ortiz coordinates contractors on site to have the authority to work and ensure every safety measure is permitted. Ms. Ortiz, during her career path, has worked as a Manager, Property Management, and Assistant Administrative in the tourism field. Ms. Ortiz received her Bachelor's Degree in Business Administration with a concentration in Management from la UAGM University. 



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Lilliam Carbo

Staff Accountant

Lilliam Carbo has 21 years of experience in the accounting field. Start accounting career as Accounting Clerk at Manpower, Inc. Latest became part a Staff Accountant of Pulte International Caribbean, the subsidiary of one of the best Developer in the United States, Pulte Homes. Also become part of Implantes y Sistemas Medicos, a subsidiary of Orthofix Inc, one of the greatest Surgical, Orthopedics implant suppliers providing Accounting Services. One year and a half ago became part of Rio Blanco Capital LLC as a Staff Accountant who performs the Accounting Cycle, manages taxes and payroll, prepares tenants' invoices and compliance with Lease Agreements, and supports the Chief Financial Officer, Mr. Wilfredo Gonzalez, in audits. Lilliam obtained a bachelor’s degree with Mayor in Accounting from the University of Puerto Rico, Bayamon Campus. Lilliam had strong analytical, organizational, and excellent communication skills and became an asset to our team.



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Sarah Al-Khereiji

Analyst

Advisory Board

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Indra Chandra

Advisor

Indra Chandra is a Managing Partner of CIG Spectrum Capital & Candlewood Spectrum, LLC, a Senior Advisor to Candlewood Investment Group ("Candlewood”), and a Senior Advisor to Rio Blanco Capital. He is an advisor and provides consulting services to various investment managers, companies, and high-net-worth individuals. Over his twenty-three-plus year career, Mr. Chandra has served on the management, investment, and advisory committees for various credit, private credit, co-investment, and private equity funds and their related investment managers with collective assets of over $20 billion. Before having roles as a Managing Partner, co-founding Partner, and President of Candlewood beginning in 2010 and growing the firm to over $4 billion, he served as a Managing Director, the Head of Credit Strategy, and a member of the Investment Committee for the Credit Suisse ("CS") Credit Investment Group, which managed over $18 billion. Mr. Chandra was also a Managing Director in the CS Leveraged Finance Group within the Investment Bank and a member of the operating committee during his ten-year plus tenure at CS and Donaldson, Lufkin & Jenrette. He has or currently serves as a board member for Forest Road Company, Summit Parks, HealthVue360, Vertical Entertainment, various Qualified Opportunity Zone Real Estate vehicles, and board observer for Cyware Labs and Capital Rx. Mr. Chandra is a CFA charter holder, active with the Prep for Prep Charity. He received his B.A. in Economics, magna cum laude, from Cornell University, where he was also a Meinig National Scholar.


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Stuart Kronick

Advisor

Mr. Kronick is the Co-Founder of Steamboat Solar LLC. Steamboat Solar works with sponsors, developers and off-takers helping structure, develop, finance and manage commercial solar projects to provide both Tax Equity and Financing for developers. Steamboat Solar has been operating in the greater New York area since 2018. Mr. Kronick is also the Co-Founder of VMAC LLC a rapidly growing rideshare vehicle lease provider in the transportation industry. Mr. Kronick previously worked for Jefferies for 10 years in the Structured Finance division, as Co-Head of US Mortgages, and as an RMBS trader. Mr. Kronick also served as Managing Director of RBS Greenwich from 2000-2008, and a programmer for Bloomberg LP from 1997-2000. Mr. Kronick received his Bachelor of Science Degree from Cornell University in Biological/Biosystems Engineering.



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Ricardo Rodriguez

CEO Ricman

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