Latest news with #HazemBenGacem
Zawya
2 days ago
- Business
- Zawya
BlueFive Reef Private Equity Fund I acquires Wusoom Holding (Formerly known as Sinyar Enterprises - Sole Proprietorship L.L.C.)
Acquisition strengthens BlueFive's GCC market leadership across real estate, technology, hospitality, aviation, and industrial sectors. Abu Dhabi, United Arab Emirates: BlueFive Capital, a global alternative investment firm, today announced that its BlueFive Reef Private Equity Fund I has successfully acquired 100% of Wusoom Holding, a diversified holding company with assets across high-growth sectors in the GCC. This strategic acquisition marks a significant milestone in BlueFive's mission to drive value in the region's most critical and promising sectors. The Wusoom group has a diversified group of companies across the fast-growing real estate, technology, hospitality, aviation, and industrial sectors. BlueFive will leverage its operational expertise and global network to accelerate growth, optimize efficiencies, and scale cross-sector collaborations across the newly acquired businesses. The acquisition aligns with BlueFive Reef Private Equity Fund I's mandate to invest in later-stage private equity opportunities that benefit from the GCC's economic diversification and long-term growth. Hazem Ben-Gacem, founder and chief executive of BlueFive Capital, said: 'The acquisition of Wusoom Holding is a transformative step for BlueFive Capital and our investors. Wusoom Holding represent the backbone of the GCC's key sectors, each with strong fundamentals and scalable potential. We will aim to continue to invest in these businesses and cultivate solid local champions and global leaders.' BlueFive Capital will initiate integration efforts, focusing on operational enhancements, technology adoption, and talent development across the Wusoom Holding portfolio. Further acquisitions in the GCC are anticipated in the coming months. About BlueFive Capital BlueFive Capital is a global investment platform that targets opportunities in high-growth economies with the goal of transforming traditional financial models and fostering sustainable growth. Incorporated in Abu Dhabi Global Market and with offices in London, Manama, Abu Dhabi, Dubai and Beijing, the firm provides strategic exposure to sectors that will define the next generation of economic prosperity. BlueFive Capital is founded and led by Hazem Ben-Gacem, one of the longest tenured professionals in global private equity. A group of 25 founding shareholders from across the world play an active advisory role in guiding management on the development of the company. For more information, please visit Source: AETOSWire
Reuters
6 days ago
- Business
- Reuters
BlueFive Capital raises $2 billion private equity fund for Gulf expansion
DUBAI, July 10 (Reuters) - BlueFive Capital has raised $2 billion for a new fund focused on private equity investments in the Gulf Cooperation Council (GCC) region, the investment firm said on Thursday. The BlueFive Reef Private Equity Fund will target majority and minority stakes "in sizeable high-growth businesses and conglomerates" in the United Arab Emirates and broader GCC, which includes Saudi Arabia and Qatar. The fund is registered in the Abu Dhabi Global Market (ADGM) and will focus on healthcare, technology, hospitality, aviation and industrial sectors, the asset management firm said. Earlier this week, BlueFive Capital, launched in November last year by Hazem Ben-Gacem, the former co-CEO of alternative investment firm Investcorp ( opens new tab, said the firm is valued at $120 million and manages more than $650 million in assets. It has offices in Abu Dhabi and other cities, including London, Riyadh and Beijing. "The fund will play a pivotal role in expanding the private equity marketplace in the GCC and allow us to partner with exceptional founders and management teams to support establishing global leaders that are originating from the GCC," founder and chief executive Ben-Gacem said. The growing interest in GCC assets reflects how global investment firms, including major buyout groups, are increasingly turning to the region as governments there push to diversify their economies beyond oil. Several private equity groups, including BlackRock-owned (BLK.N), opens new tab GIP, Permira and General Atlantic, have recently set up base or strengthened their presence in the region.
Zawya
6 days ago
- Business
- Zawya
BlueFive Capital raises $2bln private equity fund for Gulf expansion
DUBAI - BlueFive Capital has raised $2 billion for a new fund focused on private equity investments in the Gulf Cooperation Council (GCC) region, the investment firm said on Thursday. The BlueFive Reef Private Equity Fund will target majority and minority stakes "in sizeable high-growth businesses and conglomerates" in the United Arab Emirates and broader GCC, which includes Saudi Arabia and Qatar. The fund is registered in the Abu Dhabi Global Market (ADGM) and will focus on healthcare, technology, hospitality, aviation and industrial sectors, the asset management firm said. Earlier this week, BlueFive Capital, launched in November last year by Hazem Ben-Gacem, the former co-CEO of alternative investment firm Investcorp, said the firm is valued at $120 million and manages more than $650 million in assets. It has offices in Abu Dhabi and other cities, including London, Riyadh and Beijing. "The fund will play a pivotal role in expanding the private equity marketplace in the GCC and allow us to partner with exceptional founders and management teams to support establishing global leaders that are originating from the GCC," founder and chief executive Ben-Gacem said. The growing interest in GCC assets reflects how global investment firms, including major buyout groups, are increasingly turning to the region as governments there push to diversify their economies beyond oil. Several private equity groups, including BlackRock-owned GIP, Permira and General Atlantic, have recently set up base or strengthened their presence in the region. (Reporting by Federico Maccioni; Editing by Sumana Nandy)
Wamda
7 days ago
- Business
- Wamda
BlueFive Capital closes oversubscribed round at $120 million valuation
BlueFive Capital, a UAE-based investment platform, closed its Founding Shareholders Circle round with a $120 million valuation. The round attracted 25 founding shareholders, including prominent GCC royal families, institutional investors, and finance leaders from North America, Europe, and Asia. Since launching in late 2024 by Hazem Ben-Gacem, BlueFive has amassed over $650 million in assets under management (AUM) across a growing global team spanning London, Abu Dhabi, Riyadh, Singapore, and Beijing. The firm was founded by Hazem Ben-Gacem, former Co-CEO of Investcorp, who grew AUM from $10B to $50B during his tenure. The company aims to bridge institutional platforms with underserved high-growth markets, positioning the GCC as a launchpad for global impact. Press release: BlueFive Capital, an investment platform originating from the GCC with a global mandate, today announced the successful closing of its Founding Shareholders Circle investment round, valuing the company at $120 million. The funding round was oversubscribed and concluded in less than six months since the company's formation, highlighting investors' confidence in BlueFive Capital's business ambitions. The founding shareholders consist of 25 institutions and family offices, including some of the most prominent GCC merchant and royal families alongside renowned finance leaders from North America, Europe and Asia. The offering has been subsequently expanded to accommodate the additional interest. Since its inception at the end of 2024, BlueFive Capital has established itself as one of the GCC's fastest-growing global asset managers and today oversees more than $650 million in AUM. The firm combines tenured leadership with a 27-person team spanning London, Bahrain, Abu Dhabi, Dubai, Riyadh, Jeddah, Singapore and Beijing. BlueFive is founded by Hazem Ben-Gacem, one of the longest-serving professionals in global private equity. Hazem was previously co-Chief Executive Officer at Investcorp, the Middle East's largest non-sovereign private equity firm. During his 30 years at the firm, Hazem directly led investment teams in most of its world regions, while assets under management grew from $10 billion to more than $50 billion. Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, said: '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. The GCC is our launchpad, but our vision is hemispheric: connecting institutional-grade platforms to underserved capital markets driving the next wave of global prosperity." BlueFive Capital's board of directors bring together an influential group of individuals representing the firm's key focus geographies of the Middle East, Southeast Asia and China. The Board is chaired by Sheikh Mohamed Bin Isa Al Khalifa, who led Bahrain's national pension fund for more than two decades. Lord Gerry Grimstone, former Minister of Investment for the United Kingdom, and Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah of Kuwait serve as vice chairmen.
Zawya
08-07-2025
- Business
- Zawya
BlueFive Capital closes founding shareholders circle round
25 founding shareholders include prominent regional institutions, royal groups, and family offices Management will retain a controlling stake in the company Abu Dhabi, United Arab Emirates: BlueFive Capital, an investment platform originating from the GCC with a global mandate, today announced the successful closing of its Founding Shareholders Circle investment round, valuing the company at $120 million. The funding round was oversubscribed and concluded in less than six months since the company's formation, highlighting investors' confidence in BlueFive Capital's business ambitions. The founding shareholders consist of 25 institutions and family offices, including some of the most prominent GCC merchant and royal families alongside renowned finance leaders from North America, Europe and Asia. The offering has been subsequently expanded to accommodate the additional interest. Since its inception at the end of 2024, BlueFive Capital has established itself as one of the GCC's fastest growing global asset managers and today oversees more than $650 million in AUM. The firm combines tenured leadership with a 27-person team spanning London, Bahrain, Abu Dhabi, Dubai, Riyadh, Jeddah, Singapore and Beijing. BlueFive is founded by Hazem Ben-Gacem, one of the longest serving professionals in global private equity. Hazem was previously co-Chief Executive Officer at Investcorp, the Middle East's largest non-sovereign private equity firm. During his 30 years at the firm, Hazem directly led investment teams in most of its world regions, while assets under management grew from $10 billion to more than $50 billion. Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, said: '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. The GCC is our launchpad, but our vision is hemispheric: connecting institutional-grade platforms to underserved capital markets driving the next wave of global prosperity." BlueFive Capital's board of directors bring together an influential group of individuals representing the firm's key focus geographies of the Middle East, Southeast Asia and China. The Board is chaired by Sheikh Mohamed Bin Isa Al Khalifa, who led Bahrain's national pension fund for more than two decades. Lord Gerry Grimstone, former Minister of Investment for the United Kingdom, and Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah of Kuwait, serve as vice chairmen. *Source: AETOSWire
