Ahmed Hammam

Managing Director at EFG Hermes Private Equity

Speaker

Ahmed Hammam is a seasoned investment professional with over 15 years of experience in private equity, investment banking, and operations. As Managing Director at EFG Hermes Private Equity, he has led landmark investments across energy & infrastructure, healthcare, and education.

He was instrumental in the development of Vortex Energy, EFG Hermes’ European renewable energy platform, where he played a key role in capital raising exceeding USD 700 million and led acquisitions and operations of a 365 MW solar portfolio in the UK that generated superior IRRs for investors.

In 2019, he played a central role in the formation and development of the Egypt Education Platform (EEP), raising the USD 150 million Egypt Education Fund and partnering with GEMS Education to build Egypt’s largest vertically integrated K-12 education group. He spearheaded acquisitions and capital deployments exceeding EGP 3 billion in debt and equity, transforming EEP from inception into the country’s largest and fastest-growing vertically integrated education platform—now operating 25 schools across five brands and generating EGP 4 billion in revenues.

Building on this proven track record, and leveraging the deep expertise, and execution capabilities honed in the education sector through the formation and development of EEP, Ahmed and the same leadership team turned their focus to Saudi Arabia, identifying a compelling market opportunity in the Kingdom’s rapidly expanding K-12 sector and the transformative ambitions of Vision 2030. This led to the launch of the USD 300 million Saudi Education Fund (SEF) to build Spark Education Company (SEP), targeting 20–30 schools in Saudi Arabia. SEP currently operates five schools in North and Central Riyadh with a capacity of 12,000 students.

Ahmed serves on the Investment Committee of the Saudi Education Fund and the boards of Spark Education Company and its subsidiaries.