H.I.G. Capital has named Fabio Saad as head of Andean region. Saad, who is based in H.I.G.’s office in Bogotá, Colombia, joined the private equity firm’s Latin America team in 2014.
BOGOTÁ, Colombia & MIAMI–(BUSINESS WIRE)–H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm with $30 billion of equity capital under management, today announced that in November 2018 it named Fabio Saad as the Head of Andean Region, based in H.I.G.’s office in Bogotá, Colombia.
Fabio Saad has over nine years of global private equity investment experience. Since joining H.I.G. Capital’s Latin America team in 2014, he has led or participated in a number of transactions in a wide range of sectors. Mr. Saad currently serves on the board of directors of several H.I.G. portfolio companies, including Eletromidia, Selfit Academias, Grupo Meridional and Clínica AMO. Prior to joining H.I.G. Capital, Mr. Saad worked at the International Finance Corporation (IFC), the private investment arm of the World Bank Group, in Washington, D.C. and in São Paulo. Mr. Saad holds an M.B.A. from The Wharton School and an M.A. in International Studies focused in Latin America from The Lauder Institute of the University of Pennsylvania.
Regarding his new role, Fabio Saad commented, “I am excited to be leading H.I.G.’s efforts in Colombia, Peru and Chile. We see a very interesting opportunity to apply H.I.G.’s experience in Brazil and globally to the region and to further expand our presence in Latin America.”
Fernando Marques Oliveira, Head of H.I.G. Latin America, said: “The Andean Region is an important part of our strategy in Latin America. We are committed to consolidating H.I.G.’s position as the leading investor in the small and middle market in the region and we are confident that Fabio and our Colombia team will be instrumental in achieving our goals.”
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with $30 billion of equity capital under management*. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo, and Bogotá., H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:
1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
*Based on total capital commitments managed by H.I.G. Capital and affiliates.