The Fayad family is one of the seven founding families of Beirut, the capital of Lebanon, along with the Trad, Tuéni, Gebeily, Dagher, Saba and Bustros families.
The Fayad family is also one of the two prominent families of Baabda, the capital of Mount-Lebanon, along with the Hélou family. The Lebanese presidency palace is in Baabda. Fayadiyeh, “Fayad’s village”, is near Baabda. The Lebanese military academy is in Fayadiyeh.
On October 3, 1918, Habib Saleh Fayad, head of the municipality of Baabda, became the first Head of the State of Mount-Lebanon after the end of the Ottoman rule.
In 1981, at the request of Bachir Gemayel (head of the Lebanese Forces) who became President of Lebanon (in 1982) – because of the war, the members of the Lebanese Parliament met in the Lebanese Military Academy in Fayadiyeh, rather than in the Parliament Building in Beirut, to elect him – , Najib Fayad was appointed as head of the Gamma Group (that succeeded to Dar al-Amal, a popular committee, led by Raymond Arab) to transform it into the first Lebanese think-tank including specialists, academics & intellectuals (such as Georges Freiha – former coordinator of the popular committees and chief of staff of Bachir Gemayel presidential campaign -, Joseph Maila, Selim Jahel, Selim Catafago, Ibrahim Sahyoun & Najib Amiouni). The Gamma Group planned the building of a modern and strong state in all of its sectors. It was like a “shadow government” composed of eighteen branches equivalent to eighteen ministries. The Gamma Group is behind the launching of the Lebanese Broadcasting Corporation (LBC) in 1985, one of the current most popular MENA TV channels.
The Fayad family has also been the partner of France for trading and exporting its products as well as developing business development and strategies in the emerging countries. A book about it: – Ces Marseillais venus d’Orient. L’immigration libanaise à Marseille aux XIXe et XXe siècles, Liliane Rada Nasser. Najib Fayad got the “Prix de l’Audace créatrice” in 2005 from French President Jacques Chirac for his creativity in developing business, accessing new world markets, launching innovative toys, improving economic results and profitability, and creating new jobs.
Kamal Fayad’s investment fund, private equity fund and hedge fund, KAF Investments, is active in equity derivative products on various stock exchanges and in other diverse business areas, such as single-stock trading, corporate derivatives, mergers and acquisitions, stock financing, capital guarantees and baskets of stocks. His hedge fund uses statistical arbitrage and event-driven strategies. KAF Investments is also investing in the digital market as well as in several industrial sectors. In Lebanon, KAF Investments owns KAF Contemporary Art Gallery, KAF Real Estate, Baramode and Brains Brewery (961 and LB).