• Recently closed on acquiring Neo Capital, BlueFive’s first strategic acquisition
• BlueFive operates out of the UK, Bahrain, the UAE and China with a team of 25 executives
• BlueFive Capital today manages more than $650 million in assets

BlueFive Capital, a global investment solutions platform, convened its inaugural board meeting in Bahrain, bringing together an influential group of board members representing the firm’s key focus geographies of the Middle East, Southeast Asia and China. The meeting marked a pivotal step in advancing BlueFive Capital’s mission to become a leading global asset manager and investment solutions provider with deep regional expertise.

Sheikh Mohamed Bin Isa Al Khalifa was nominated and appointed as chairman of the board, and Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah and Lord Gerry Grimstone were appointed as vice chairmen, for a three-year mandate. The board thanked the Kingdom of Bahrain for its support, represented by HE Sheikh Salman AlKhalifa, Minister of Finance, HE Khalid Humaidan, Governor of the Central Bank of Bahrain and HE Abdulla Adel Fakhro, Minister of Commerce.

Since its formation at the end of 2024, BlueFive Capital has rapidly established itself as one of the GCC’s most dynamic global asset managers and today manages more than $650 million in AUM. The firm combines tenured leadership with a 25-person investment team spanning London, Bahrain, Abu Dhabi, Dubai and Beijing.

BlueFive Capital recently closed on the acquisition of Neo Capital, a DIFC-registered real estate investment platform operating out of Riyadh, Jeddah and Dubai. Neo, which will continue to operate independently until end of Q3 2025, counts amongst its clients some of the most prominent investors from the Kingdom of Saudi Arabia. BlueFive also concluded its founding shareholders investment circle, which includes some of the most prominent GCC merchant and royal families alongside renowned finance leaders from North America, Europe and Asia.

Sheikh Mohamed Bin Isa Al Khalifa, Chairman of BlueFive Capital’s Board, said: “This inaugural board meeting reflects BlueFive Capital’s commitment to fostering collaboration between global expertise and regional vision. We extend our sincere gratitude to the government of Bahrain for their support of BlueFive Capital’s vision. BlueFive’s strategic pillars – from private wealth solutions to Islamic finance innovation – are designed to align with the GCC’s economic ambitions while delivering value to our shareholders and partners worldwide.”

Hazem Ben-Gacem, CEO of BlueFive Capital, said: “Our inaugural board meeting marks a defining moment for BlueFive Capital, reflecting the remarkable progress we’ve achieved since our 2024 launch. In less than six months, we’ve built a world-class 25-member team spanning Abu Dhabi, Dubai, Bahrain, London, and Beijing, secured foundational capital from visionary shareholders who believe in our story and already manage more than $650 million of assets. This rapid growth demonstrates that we are already delivering on our vision, which is to build the most innovative investment platform across thriving emerging economies, unlocking dynamic, regionally-based opportunities, and generating attractive returns by means of consolidation, scale efficiency and the deployment of technology.”

Board Members:

• Sheikh Mohamed Isa Al Khalifa (Bahrain): former Chief Executive Officer of Bahrain’s national pension fund
• Lord Gerry Grimstone (UK): former Chairman of Barclays Bank and Standard Life Aberdeen, former UK Minister for Investment
• Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah (Kuwait): Vice-chairman of Action Group Holdings
• Prince Turki Bin Abdulaziz Bin Farhan Al Saud (Saudi Arabia): Founder of Rakhaa Investment
• Khalid Mohamed Zaman (Oman): Managing Director of Al Zaman Group
• Fang Fenglei (China): Chairman of Hopu Investments
• Adah Al Mutairi (Saudi): Board member of the Future Investment Initiative, owned by PIF
• Hazem Ben Gacem: Founder and Chief Executive of BlueFive Capital

About BlueFive Capital

BlueFive Capital is an alternative investment platform that invests creatively in growing regional economies across private equity and infrastructure, and harnesses technology to build cross regional champions through financial services sector consolidation, 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 growth and development through three parallel entities:

• BlueFive Financial, a permanent capital vehicle whose goal is to consolidate parts of the financial services industry across insurance, private wealth and public markets
• BlueFive Asset Management, a closed-end fund structure offering dedicated investment funds across private equity and infrastructure, and
• BlueFive Advisory, providing specialised strategic counsel to institutional investors and corporates in the GCC and Asia for their M&A, capital raise and debt arrangement needs.

BlueFive Capital is founded and led by Hazem Ben-Gacem, one of the longest-tenured private equity investors. A group of 25 founding shareholders from across the world, including BlueFive Capital’s areas of interest – the GCC, Southeast Asia and Latin America – play an active advisory role in guiding management on the development of the company.