BlueFive Capital Raises $2 Billion GCC Private Equity Fund

BlueFive Capital announced the completion of its Reef Private Markets Fund I LP fundraising. The $2 billion fund is managed by FundRock Investment Management Services (ME) Ltd and regulated by Abu Dhabi Global Market's Financial Services Regulatory Authority, targeting large-cap GCC private equity investments.

Based in Abu Dhabi, the fund pursues majority and minority stakes in substantial, high-growth enterprises across the UAE and broader GCC region. Investment focus spans five sectors: Healthcare, Technology, Hospitality, Aviation, and Industrial. The strategy capitalizes on regional economic expansion and the GCC's emerging role as a global economic crossroads.

Hazem Ben-Gacem, Founder and Chief Executive, said: "Our inaugural $2 billion dedicated GCC private equity fund is a landmark achievement. The fund will play a pivotal role in our mission to create value across the region's most dynamic sectors."

BlueFive Capital maintains a 27-member investment team distributed across London, Abu Dhabi, Dubai, Riyadh, Jeddah, Bahrain, and Beijing.

Communication issued by FundRock Investment Management Services (ME) Ltd, regulated by ADGM's Financial Services Regulatory Authority.