Mumtalakat Acquires Stake in BlueFive Capital
Deal News | Aug 04, 2025 | Zawya
Bahrain’s sovereign wealth fund, Mumtalakat Holding Company, has acquired a stake in BlueFive Capital, an Abu Dhabi-based private equity firm. This investment strengthens BlueFive Capital's position with long-term institutional backing, aiming to support its international scaling efforts. Mumtalakat's investment is a part of BlueFive's recent fundraising round under the Circle initiative involving 25 founding shareholders. BlueFive Capital, founded in 2024, manages over $2.6 billion in assets and has a strategic focus on sectors like healthcare, technology, and industrials across the GCC. Financial terms of the stake acquisition were not disclosed.
Sectors
- Private Equity
- Sovereign Wealth Fund
- Healthcare, Technology, Hospitality, Aviation, and Industrials
Geography
- Bahrain – Mumtalakat Holding Company is based in Bahrain.
- United Arab Emirates – BlueFive Capital is based in Abu Dhabi, UAE.
Industry
- Private Equity – This article involves a transaction involving BlueFive Capital, which is a private equity firm.
- Sovereign Wealth Fund – Mumtalakat Holding Company is a sovereign wealth fund making strategic investments.
- Healthcare, Technology, Hospitality, Aviation, and Industrials – BlueFive Capital focuses its investments in these sectors, particularly within the GCC.
Financials
- $2.6 billion – Assets under management at BlueFive Capital.
- $2 billion – Funds raised by BlueFive Capital in July for expansion in the GCC.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mumtalakat Holding Company | Bidding Company/Buyer | Company | Bahrain’s sovereign wealth fund acquiring a stake in BlueFive Capital. |
| BlueFive Capital | Target Company | Company | An Abu Dhabi-based private equity firm that has received investment from Mumtalakat. |
| Hazem Ben-Gacem | Founder | Person | Founder of BlueFive Capital, formerly co-CEO of Investcorp. |
| Sheikh Mohamed Isa Al Khalifa | Chairman | Person | Chairman of BlueFive Capital, former CEO of Bahrain’s national pension fund. |