Bahrain’s sovereign wealth fund, Mumtalakat, has acquired a stake in Abu Dhabi-based private equity firm BlueFive Capital. The investment follows BlueFive’s successful close of its Founding Shareholders Circle and adds to a group of 25 regional and international backers.
The move provides long-term institutional support as BlueFive continues its global expansion. Founded in 2024, the firm now manages over $2.6bn in assets and operates across major financial hubs including London, Manama, Abu Dhabi and Beijing.
BlueFive targets high-growth economies and aims to modernise traditional financial models through strategic consolidation across sectors such as insurance, private wealth, and public markets. The firm is incorporated in Abu Dhabi Global Market.
Gulf Economist Staff Writer