Private equity investment firm H.I.G. Capital has announced the appointment of Fabio Saad as the new Head of the Andean Region, based in Bogotá, Colombia.

(Press Release) 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.”