UAE – Mubasher: BlueFive Capital, a UAE-based investment platform, has closed its Founding Shareholders Circle round, valuing the company at $120 million, according to a press release.
The company aims to bridge institutional platforms with underserved high-growth markets, positioning the GCC as a launchpad for global impact. The funding round was oversubscribed and concluded in less than six months since the company’s launch.
Meanwhile, the round attracted 25 founding shareholders, including prominent GCC royal families, institutional investors, and finance leaders from North America, Europe, and Asia.
BlueFive Capital also announced its debut GCC private equity fund, BlueFive Reef Private Equity Fund I, which will target majority and minority stakes in large-cap high-growth businesses. The $2 billion entity will operate in the healthcare, technology, hospitality, aviation, and industrial businesses in the Gulf.
Launched in late 2024, BlueFive Capital amassed over $650 million in assets under management (AUM) across a growing global team spanning London, Abu Dhabi, Riyadh, Singapore, and Beijing.
The company includes leadership with a 27-person team spanning London, Bahrain, Abu Dhabi, Dubai, Riyadh, Jeddah, Singapore, and Beijing.
Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, commented: “This overwhelming confidence from 25 blue-chip shareholders validates our team’s expertise and our strategy to disrupt the value chain in high-growth financial markets.”
He added: “The GCC is our launch-pad, but our vision is hemispheric: connecting institutional-grade platforms to underserved capital markets driving the next wave of global prosperity."
