Bahrain’s Mumtalakat Buys a Share in Abu Dhabi’s BlueFive Capital

BY THE ARAB TODAY Aug 05, 2025

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Bahrain’s Mumtalakat Buys a Share in Abu Dhabi’s BlueFive Capital

Bahrain’s national investment fund, Mumtalakat, has bought a share in BlueFive Capital, a private investment company based in Abu Dhabi.

Details of the Deal

The exact amount of the deal and how much of the company Mumtalakat bought were not shared. The announcement comes after BlueFive finished building its group of early investors in July. With this new deal, Mumtalakat becomes one of 25 investors from the region and around the world supporting the company.

BlueFive said the new investment will help it grow globally by giving it steady support from a trusted institution.

BlueFive’s Chairman, Sheikh Mohamed Isa Al Khalifa, said welcoming Mumtalakat is a big step forward and shows strong belief in the company’s future. He also said the partnership adds trust and stability as BlueFive expands internationally, with strong roots in Bahrain’s financial sector.

About BlueFive Capital

BlueFive was started in 2024 by Hazem Ben-Gacem, an expert in private equity. It is led by Sheikh Mohamed Isa Al Khalifa, who used to run Bahrain’s national pension fund. Today, the company manages over $2.6 billion and has offices in Manama, London, Abu Dhabi, and Beijing.

New Investment Fund

In July, BlueFive launched a new $2 billion private equity fund to invest in fast-growing companies in the Gulf region. The fund plans to buy both small and large shares in big businesses, especially in the UAE, Saudi Arabia, and Qatar. It will focus on sectors like healthcare, technology, travel, aviation, and manufacturing. The fund is registered in Abu Dhabi Global Market (ADGM).

Growing Interest in the Region

Many global investment firms—like GIP (supported by BlackRock), Permira, and General Atlantic—are expanding in the Gulf, showing that the region is becoming more attractive for big investors.