Senior Partner
I Squared Capital

Mohamed El Gazzar is a Senior Partner of I Squared Capital, responsible for the infrastructure strategy in Europe. Mohamed is part of ISQ’s Executive Committee, Investment Committee and Operating Committee, where he heads the Human Resources subcommittee. He sits on numerous boards and DATs including but not limited to Conrad Energy, nLighten, Cube Cold Europe and Aggreko.

Since joining I Squared Capital, Mohamed has led the acquisition and development of portfolio companies encompassing power and utilities, energy, transport and logistics, digital infrastructure, environmental infrastructure and social infrastructure.

Some of the power and utilities investments that Mohamed has led include Energia Group in Northern Ireland and the Republic of Ireland; T-Solar, a solar PV portfolio with operations predominantly in Spain which was sold in 2020; and Conrad Energy, a UK independent power producer providing highly flexible generation; Aggreko, a leading global provider of mobile modular power, temperature control and energy services. In the transport and logistics space he led the 2018 acquisition of TIP Trailer Services, the largest pan-European trailer and truck lessor with presence across 17 countries in Europe and Canada; Cube Cold Europe, a pan-European cold storage platform focusing on acquiring and developing small to medium sized cold storage facilities across strategic areas such as ports and logistics hubs; and Arriva, a bus and rail operator. In 2019, Mohamed was involved in the acquisition of Domidep, I Squared Capital’s first investment in the social infrastructure space and one of the largest elderly residential care providers in France. In the digital infrastructure space, Mohamed led the acquisition of EXA, a leading pure-play operator of critical telecom infrastructure networks, which was completed in 2021. More recently, Mohamed led the acquisition of Applus, a global leader in the testing, inspection, and certification (TIC) sector.

Before joining I Squared Capital, Mohamed spent 12 years at Morgan Stanley, most recently as an Executive Director of Morgan Stanley Infrastructure (MSI), a global platform for infrastructure investments at Morgan Stanley Investments Management.

Mohamed holds an L.L.B. with Honors from Warwick University in the United Kingdom.