Saad started his career in 2004 in JP Morgan’s London M&A Middle East team, moving to the TMT team in 2005 where he helped execute several transactions including i) Advising leading regional telecom operators in their international expansion – namely Orascom, Qtel and Etisalat (incl. its $2.9 billion acquisition of Egypt’s third mobile license, ii) Advising French media group Lagardere on its acquisition of a 20% stake in Canal+ Group (€1.5 billion+), and KKR on its acquisition of Pages Jaunes (€6 billion+). In 2008, Saad joined Kingdom Zephyr Africa Management (KZAM) the leading pan-African private equity fund at the time. At KZAM, Saad sourced, executed, managed and exited multiple transactions including the full exit from CNIA Saada in Morocco (insurance company), where he led the successful IPO. He also worked on a number of transactions that became a success in the Africa PE space, namely OSEAD Mining, IHS Towers, Banque Atlantique and GTA (insurance).
In 2011 he moved to London based asset manager Duet Group where he co-founded and managed its Africa private equity platform. At Duet, he led the origination and execution of the second largest private equity transaction in Ethiopia to date ($90 million in Dashen Brewery; the second largest brewery in the country) as well as investments into QCIL in Uganda.
Saad graduated from EM Lyon with an MSc in Finance. He is a native Arabic and French speaker, and is fluent in English.