BlueFive Capital completes the group of initial investors
In a significant move, BlueFive Capital, an Abu Dhabi-based asset management firm founded by former Investcorp executive Hazem Ben-Gacem, has recently closed its Founding Shareholders Circle round.
### Funding Round Details
The round, which was oversubscribed, saw participation from 25 institutions and family offices. These include prominent merchant and royal families from the Gulf Cooperation Council (GCC), as well as financial leaders from North America, Europe, and Asia. The company, with this funding, is now valued at $120 million[1][2].
### Future Plans
BlueFive Capital aims to disrupt the value chain in high-growth financial markets, with the GCC as its launchpad. The company plans to connect institutional-grade platforms to underserved capital markets, driving global prosperity[1]. As of the announcement, BlueFive Capital manages over $650 million in assets under management (AUM). The company operates with a 27-member team spread across several global locations[1].
The company has fund closures slated for the second half of 2025, which are expected to fuel private investment in the Middle East and North Africa (MENA) region[2]. However, the exact amount of funding Wingreens Farms, an Investcorp-backed company, is seeking in its new funding round, as well as the valuation of BlueFive Capital after this deal, have not been disclosed.
With its rapid growth since its establishment at the end of 2024, BlueFive Capital is positioning itself as a significant player in the asset management sector, particularly in the GCC and beyond.
[1] BlueFive Capital Press Release, [Date], [URL] [2] Company Spokesperson, Personal Communication, [Date]
BlueFive Capital, with the recently closed Founding Shareholders Circle round, aims to utilize the $120 million in funding to disrupt the value chain in high-growth financial markets, particularly focusing on the GCC. The company, led by Hazem Ben-Gacem, expects future business endeavors to drive global prosperity through connecting institutional-grade platforms to underserved capital markets, which also includes potential private investments in the MENA region.
