# BlueFive Capital — Full Reference

> A global private equity and investment platform managing $15 billion in assets under management, deploying institutional capital across private equity, real assets, and financial services in high-growth economies. Founded in 2020 by Hazem Ben-Gacem.

## Company Identity

- **Brand Name**: BlueFive Capital
- **Type**: Private Equity / Investment Platform
- **Regulated Entity**: BlueFive Asset Management Ltd is incorporated in the Abu Dhabi Global Market (ADGM) and authorised and regulated by the FSRA under Financial Services Permission No. 250086 — services are available to Professional Clients and Market Counterparties only
- **Founded**: 2020
- **Founder & CEO**: Hazem Ben-Gacem
- **AUM**: $15 billion (as of 30 June 2026)
- **Headquarters**: Abu Dhabi, United Arab Emirates
- **Website**: https://bluefivecapital.com
- **Languages**: Available in English (en), Arabic (ar), Chinese (zh).

## Global Offices (9)

1. Abu Dhabi, UAE (Headquarters)
2. Dubai, UAE
3. London, United Kingdom
4. Manama, Bahrain
5. Beijing, China
6. Muscat, Oman
7. Jeddah, Saudi Arabia
8. Riyadh, Saudi Arabia
9. Singapore

## Investment Platforms (6)

### Asset Management

#### BlueFive Private Equity — $4.2B AUM
Control and growth equity investments targeting high-growth economies. Focus on transformative businesses with strong governance and sustainable competitive advantages across MENA, Europe, and Asia.

#### BlueFive Real Estate — $650M AUM
Commercial and residential real estate investments across Europe and the United States. Institutional-quality assets including office, logistics, and mixed-use properties in the UK, Netherlands, Germany, and the US.

### Financial Services

#### BlueFive Leasing — $1.2B AUM
Aviation asset-backed leasing. The platform is targeting an initial investment portfolio of $1.2B of high-quality aviation assets on lease globally. Led by Chairman Aimen Al Hosni and Vice Chairman Khalid Mohamed Zaman.

#### BlueFive Insurance — $2.0B AUM
Insurance platforms and underwriting capacity. Building and operating insurance businesses across the Gulf region with focus on specialty lines and reinsurance.

### Strategic Partnerships

#### BlueFive Private Wealth
Private wealth management for high-net-worth individuals across Saudi Arabia and the wider GCC. Tailored strategies that balance wealth preservation with high-growth opportunities through expert advisory, diversified asset management, and digital tools.

#### BlueFiveSidra
Shariah-compliant asset management and investment distribution, managing billions in assets across Saudi Arabia and internationally, regulated by the Saudi CMA, DFSA, and MAS. Website: www.bluefivesidra.com

## Portfolio — 35 Companies Across 7 Sectors

### Automotive & Mobility
- **Bugatti Rimac** — Bugatti Rimac is home to the iconic Bugatti brand, formed as a joint venture in 2021 combining Bugatti's legacy in hyper-luxury automotive with Rimac's electric technology leadership. BlueFive Capital is the largest investor in the consortium that acquired Porsche's 45% stake in Bugatti Rimac and 20.6% stake in Rimac Group, in a transaction signed in April 2026. Subject to regulatory clearances, completion is expected before end of 2026.
- **CargoX** — CargoX is a UAE-based autonomous delivery platform deploying driverless vehicles across last-mile, middle-mile and long-haul logistics routes. The platform has been piloted on public roads in the UAE, with anchor relationships established with leading e-commerce, retail and logistics operators. BlueFive Capital led a $250 million investment round to support the expansion of its autonomous logistics network.
- **DeepWay** — DeepWay develops intelligent new-energy heavy trucks and autonomous long-haul trucking technology, building AV freight solutions for global logistics networks.
- **LeasePlan Emirates** — LeasePlan Emirates is a leading mobility company in the UAE, operating a fleet of around 7,000 vehicles and providing leasing and fleet management solutions to corporates, government entities and private individuals across the country. BlueFive Capital holds a 49% stake acquired from Ayvens through BlueFive Reef PE Fund I, alongside Solutions+ which retains 51%.
- **Lumo** — Lumo is a UAE-based technology services platform focused on operations.
- **Massar Solutions** — Founded in 1981, Massar Solutions is a leading provider of mobility and transportation services, managing a fleet of more than 8,500 vehicles across the UAE and Saudi Arabia. The company serves a diverse client base including government entities, large corporations and logistics operators, with trade licenses secured in Oman and Bahrain to support regional expansion. BlueFive Capital holds a 49% stake acquired from Abu Dhabi National Energy Company (TAQA), alongside Solutions+.
- **Neolix** — Neolix is a pioneer in autonomous last-mile delivery, designing and mass-producing Level-4 self-driving delivery robots and vehicles deployed across logistics, retail and municipal services.

### Aviation
- **Jetex Al Bateen** — Premium FBO operator at Al Bateen Executive Airport (Abu Dhabi), exclusively dedicated to private and business aviation. Core services include aircraft handling, passenger & crew services, VIP lounge access, ramp coordination and aviation support. Strategically positioned to serve UHNW individuals, government delegations and corporate aviation clients. Benefits from Al Bateen's status as Abu Dhabi's only dedicated business aviation airport.
- **LODD** — Founded in 2023, LODD is an Abu Dhabi-based aviation technology company developing middle-mile autonomous solutions for civilian applications. LODD plans to offer aviation services in the GCC by integrating its UAV into national logistics networks and sell the aircraft system globally. Management is currently building a hybrid VTOL system with 250 kg payload capacity and 700 km travel range.
- **RoyalJet** — RoyalJet is a leading Abu Dhabi-based private aviation operator, established in 2003, specializing in VVIP charter and government-linked aviation services. The company operates one of the world's largest Boeing Business Jet (BBJ) fleets and serves a high-profile client base including government, military, royal and ultra-high-net-worth individuals. Its headcount stands at 470 employees.
- **Victor** — Fly Victor is a technology-enabled private aviation charter platform, connecting high-net-worth and corporate clients to aircraft operators globally. The company operates an asset-light brokerage model, leveraging a proprietary digital platform to aggregate supply. Fly Victor focuses on European and Middle Eastern markets, serving corporate, government and UHNW clientele.
- **Volant** — Volant Aerotech is an electric vertical take-off and landing (eVTOL) aircraft developer focused on urban air mobility, designing passenger aircraft for safe, quiet and cost-efficient intra-city transport.

### Real Estate & Hospitality
- **Avison Young** — Avison Young MENA is a franchise of a global commercial real estate services and advisory firm. Headquartered in Toronto, Canada, it provides integrated property and investment solutions to investors, owners, occupiers, and developers worldwide. Avison Young opened its MENA headquarters in Abu Dhabi in 2022, and currently has a team of more than 50 FTEs, and manages c. 4,000 units.
- **ERTH** — Integrated Emirati-style hospitality, events and lifestyle destination in Abu Dhabi, operating commercially since 2003. Core activities include hotel operations, F&B and large-scale catering, MICE and banqueting, sports & recreational facilities, with strong government and VVIP relationships.
- **Salayel** — Salayel Hospitality Management serves VVIP clients in Abu Dhabi across Private Hospitality, Events, and Catering.
- **The Sustainable City** — The Sustainable City – Yas Island is an 864-villa master-planned residential development in Abu Dhabi, developed under a JV structure with Aldar, Second Wave Investments/BlueFive & Diamond Developers.
- **TOTO** — TOTO Abu Dhabi is an Italian fine-dining restaurant located at Mamsha Saadiyat, one of Abu Dhabi's premium dining destinations. Opened in April 2024, the restaurant has a seating capacity of 215 guests and operates under the TOTO brand through a franchise agreement with its Spain-based owner.
- **Wasael** — Wasael Property Management is a facility manager focused on complex and critical infrastructure including major landmarks, large-scale facilities, infrastructure, and high-end private estates.

### Agriculture
- **Elite Agro Holding** — Elite Agro is a diversified and vertically-integrated agribusiness with operations across UAE + 4 international markets (Serbia, Morocco, Mauritania, Ethiopia). The company has strong operational farming capabilities with large, high-quality land bank in core geographies, differentiated agritech capabilities, including precision irrigation, climate-adaptive crops, and high-tech farming. Its headcount stands at ~2,200 employees.
- **MAFI** — MAFI is an agri-processing company, based out of Egypt, producing and exporting processed fruits and vegetables. The company is strategically positioned to capture global supply gaps in the tomato, citrus, IQF, and freeze-dry markets, supported by a cost-competitive environment in Egypt.
- **Stone Wings** — Stone Wings is an Abu Dhabi-based fodder trading company, among the largest in the UAE, importing and distributing compressed hay, grains and specialty animal feed for livestock, dairy, poultry and equine clients across the country.

### Services
- **Al Ain Forestry** — Al Ain Forestry & Landscaping Services LLC (AAF) is a UAE-based turnkey operator providing O&M services for forests, biodiversity zones, and landscaped assets across Abu Dhabi.
- **Gulf Cobla** — Established in 1977 by order of the late Sheikh Rashid bin Saeed Al Maktoum, Gulf Cobla is a UAE-based dredging and land reclamation company operating across the Middle East and South Asia. The company specialises in dredging, land reclamation and marine operations using cutter suction dredgers and auxiliary equipment, with notable completed projects including Jebel Ali Port, Aqaba New Port and Malé airport in the Maldives.
- **Jaheziya** — Jaheziya Group is comprised of three entities: Jaheziya (provider of emergency services, resilience services, fire rescue response, and training courses), Knowledge Point Solutions (defence-focused manpower), and E-Technical Services (specialist IT and engineering manpower for defence, primarily serving the MoD). The three entities were established in the 2000s and 2010s as part of the UAE's plan to develop domestic capabilities.
- **Pyxis** — Pyxis is an integrated communications and events agency based in Abu Dhabi providing services which include: Events (design, build and management of events from sourcing to execution with focus on Exhibition Centers), Marketing and communications (manages comms strategy across social media, digital marketing, public relations, influencer marketing), and Digital out-of-home (DOOH) media (advertisement space on digital screens at gas stations and on taxis). Aims to become the leader in mobility-related advertising.
- **YDA** — Yas Driving Academy (YDA) provides tech-enabled driving training services with a focus on enhancing road safety and promoting responsible driving. The second licensed driving-training operator in Abu Dhabi, after Emirates Driving Schools – therefore operating in a quasi-monopolistic market. Operates through two branches in Abu Dhabi (Yas Island and Al Wahda Mall) with plans to further expand in Abu Dhabi and Al Ain.

### Financial Services
- **Mal** — Mal is the UAE's first AI-native Islamic digital bank, headquartered in Abu Dhabi. A digital companion for everyday choices, from travel to transactions, Mal closed its first investment round at $230 million, led by BlueFive Capital.
- **Premier** — Premier Insurance Brokers (PIB) is a licensed independent broker offering personalized insurance solutions across consumer and commercial sectors. Serving corporate clients across multiple lines of business covering sectors including aviation, healthcare and construction. Services include employee benefits, risk assessments, specialty commercial insurance, group medical, group life, property, cyber, engineering, and marine.
- **Zone Holding** — Zone Holding is a diversified UAE-based investment platform operating across public services, security, technology, food security, and specialized government support. The group manages multiple operating subsidiaries serving government and institutional clients, with strong recurring revenues and long-term contracts. Subsidiaries include: Hemaya (public safety and community support), Tatweer (training & capability development), Tahaluf (integrated facilities & support), Emirates Face Recognition (biometric & AI-based security), Al Maskan (workforce accommodation), Saeed (traffic management & vehicle services), Fazaa (government-linked benefits platform), Al Ain Fertility Center (specialized healthcare), Jadwa (business services/outsourcing), and E.F.R.C (emergency response & field readiness).

### Artificial Intelligence
- **AI71** — Founded in 2025, AI71 is a product-led AI company delivering secure, enterprise- and government-grade AI platforms. Core offering: AI-native data and agentic platform enabling horizontal use cases (knowledge-worker productivity) and vertical intelligence solutions (Defence, Construction, Healthcare).
- **CNTXT** — CNTXT is an AI-powered data contextualization and annotation platform enabling AI-ready, high-quality datasets for complex and sensitive environments. Core capabilities include data annotation, contextual intelligence, digital twins, and real-time data convergence. Annotates data in 25 different dialects, with data annotators based in 4 geographies.
- **EngineAI** — EngineAI is an embodied-AI robotics company developing high-performance humanoid robot platforms, combining proprietary joint modules with advanced motion-control algorithms.
- **Kling AI** — Kling AI is a China-based artificial intelligence video generation company and a leader in generative video models. BlueFive Capital co-led an approximately $3 billion funding round, the largest single financing for an AI video generation company, valuing the firm at $18 billion, alongside CPE, Guofang Investment, Tencent and CITIC Securities.
- **LimX Dynamics** — LimX Dynamics is a robotics company specialising in legged and humanoid robots and locomotion AI, developing general-purpose robots for industrial and commercial applications.
- **Origen Technology** — Origen Technology is an Abu Dhabi-based technology company focused on applying artificial intelligence to real-world commercial environments. The company received a $50 million strategic investment from BlueFive Capital.

## Board of Directors (9 Members)

1. **Hazem Ben-Gacem** — Founder & Chief Executive (https://bluefivecapital.com/en/board/hazem-ben-gacem)
2. **Sheikh Mohamed Isa Al Khalifa** — Chairman (https://bluefivecapital.com/en/board/sheikh-mohamed-isa-al-khalifa)
3. **Lord Gerry Grimstone** — Vice Chairman (https://bluefivecapital.com/en/board/lord-gerry-grimstone)
4. **Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah** — Vice Chairman (https://bluefivecapital.com/en/board/sheikh-mubarak-abdulla-al-mubarak-al-sabah)
5. **Prince Turki Bin Abdulaziz Bin Farhan Al Saud** — Board Member (https://bluefivecapital.com/en/board/prince-turki-bin-abdulaziz-bin-farhan-al-saud)
6. **Fang Fenglei** — Board Member (https://bluefivecapital.com/en/board/fang-fenglei)
7. **Adah Al Mutairi** — Board Member (https://bluefivecapital.com/en/board/adah-al-mutairi)
8. **Khalid Mohamed Zaman** — Board Member (https://bluefivecapital.com/en/board/khalid-mohamed-zaman)
9. **Arsjad Rasjid** — Board Member (https://bluefivecapital.com/en/board/arsjad-rasjid)

## Team

### CEO Office
- Hazem Ben-Gacem — Founder and Chief Executive
- Ayesha Daya — Partner and Chief of Staff
- Diala Eit — CEO Office
- Susan Shafi — CEO Office

### Administration
- Marwan Elaraby — President - MENA
- Lilly Kagwa — Partner and Head of Administration
- Nabil Abuayshe — Head of Information Technology
- Hana Yazbak — Marketing and Communications
- Ayesha Khalife — Human Resources
- Gamze Akyildiz — Executive Assistant
- Katia Sadikni — Executive Assistant
- Reham Amara — Administration
- Fauzia Rashid — Executive Assistant

### Investments Europe & US
- Emily Morse — Partner and Head of Private Equity, Europe / US
- Naima Gourgue — Private Equity, Europe / US
- Matthieu Giannetti — Private Equity, Europe / US
- Callum McCabe — Private Equity, Europe / US
- Cassian Cockings — Private Equity, Europe / US
- Chenxi Liu — Financial Services

### Investments Middle East
- Mouna Sarih — Partner and Head of Private Equity, MENA
- Soltan Driss — Private Equity, MENA
- Dhikra Bahri — Private Equity, MENA
- Samy Labbouz — Private Equity, MENA
- Achraf Ziani — Private Equity, MENA
- Omar Kamal — Private Equity, MENA
- Sarah Lopez — Private Equity, MENA

### Investments Asia
- Megan Zheng — Partner and Co-Head of China
- Shaojie Chi — Partner and Co-Head of China
- John Wang — Private Equity, Asia
- Sora Wang — Private Equity, Asia

### Financial Services
- Faylynn Wang — Head of Financial Services

### Real Estate
- Ashish Mehta — Real Estate, MENA

### Leasing
- Sleiman Fakhreddine — Chief Executive Officer, BlueFive Leasing
- Andrew Pybus — Chief Technical Officer, BlueFive Leasing
- Mohammed Al Siyabi — Operations Manager, BlueFive Leasing

### Distribution
- Yasser Bajsair — Partner and Head of Saudi Arabia
- Yaser AlMarzouki — Strategic Partnerships, MENA

### Investment Operations
- Latifa Khechini — Partner and Head of Investment Operations
- Nikhila Jairaj — Investment Operations
- Maha Alkooheji — Investment Operations
- Nada Waary — Investment Operations
- Hazem El Sady — Investment Operations

### Finance
- Neleus Lee — Partner and Chief Financial Officer
- Fatema Zainal — Finance
- Junn Karlo Espinosa — Finance
- Mamta Budhrani — Finance
- Megha Menon — Finance

### Legal
- Yasmeen Ghali — Partner and General Counsel
- Husain AlKoofi — Head of Compliance & MLRO
- Stephen Petchey — Legal
- Vijan Ghedia — Legal
- Ranya Al Hashimi — Legal
- Caleb Raywood — Legal
- Nour Kachi — Legal
- Charles Lamb — Legal

## Investment Philosophy

BlueFive Capital's investment approach is built on five core principles:

1. **Stewardship** — Responsible management of capital with a long-term perspective
2. **Conviction** — Deep research-driven investment decisions with concentrated positions
3. **Innovation** — Embracing new technologies and business models
4. **Trust** — Building lasting relationships with partners, investors, and communities
5. **Excellence** — Operational excellence in every aspect of the investment lifecycle

## Investor Relations

BlueFive Capital serves institutional investors, sovereign wealth funds, family offices, and high-net-worth individuals. The firm offers:

- Tailored co-investment opportunities
- Fund-level commitments across all 6 platforms
- Shariah-compliant investment solutions via BlueFiveSidra
- Quarterly reporting and full transparency

## Recent Newsroom Articles

- 2026-09-09 — **BlueFive Capital Completes Acquisition of 30% Stake in Bugatti Rimac from Porsche** (https://bluefivecapital.com/en/newsroom/bluefive-capital-completes-acquisition-of-30-stake-in-bugatti-rimac-from-porsche)
- 2026-07-27 — **BlueFive Capital Strengthens Senior Leadership with Appointment of Marwan Elaraby** (https://bluefivecapital.com/en/newsroom/bluefive-capital-strengthens-senior-leadership-with-appointment-of-marwan-elaraby)
- 2026-07-27 — **Newsletter Q2 2026** (https://bluefivecapital.com/en/newsroom/newsletter-q2-2026)
- 2026-07-15 — **BlueFive Private Wealth Sells Landmark London Building to JD.com** (https://bluefivecapital.com/en/newsroom/bluefive-private-wealth-sells-landmark-london-building-to-jd-com)
- 2026-07-03 — **BlueFive Capital Co-leads $3 Billion Kling AI Funding Round** (https://bluefivecapital.com/en/newsroom/bluefive-capital-co-leads-3-billion-kling-ai-funding-round)
- 2026-07-02 — **BlueFive Capital Agrees to Acquire 70% Stake in UAE Dredging Company Gulf Cobla** (https://bluefivecapital.com/en/newsroom/bluefive-capital-agrees-to-acquire-70-stake-in-uae-dredging-company-gulf-cobla)
- 2026-07-01 — **BlueFive Capital and Al Murjan Complete Link-Up to Create Global Islamic Finance Platform** (https://bluefivecapital.com/en/newsroom/bluefive-capital-and-al-murjan-complete-link-up-to-create-global-islamic-finance-platform)
- 2026-06-10 — **BlueFive Capital Acquires 49% Stake in LeasePlan Emirates** (https://bluefivecapital.com/en/newsroom/bluefive-capital-acquires-49-stake-in-leaseplan-emirates)
- 2026-06-02 — **CargoX Raises $250 million for Autonomous Delivery Platform; Appoints Tomaso Rodriguez as CEO** (https://bluefivecapital.com/en/newsroom/cargox-raises-250-million-for-autonomous-delivery-platform-appoints-tomaso-rodriguez-as-ceo)
- 2026-05-18 — **BlueFive Capital Acquires 49% Stake of Massar Solutions from TAQA** (https://bluefivecapital.com/en/newsroom/bluefive-capital-acquires-49-stake-of-massar-solutions-from-taqa)
- 2026-05-17 — **BlueFive Capital Signs Definitive Agreement for Strategic Investment in Gulf General Cooperative Insurance** (https://bluefivecapital.com/en/newsroom/bluefive-capital-signs-definitive-agreement-for-strategic-investment-in-gulf-general-cooperative-insurance)
- 2026-04-24 — **Porsche sells its stakes in Bugatti Rimac and Rimac Group to international consortium** (https://bluefivecapital.com/en/newsroom/porsche-sells-its-stakes-in-bugatti-rimac-and-rimac-group-to-international-consortium)
- 2026-04-15 — **Newsletter Q1 2026** (https://bluefivecapital.com/en/newsroom/newsletter-q1-2026)
- 2026-04-13 — **BlueFive Capital Makes Board Appointments at BlueFive Leasing** (https://bluefivecapital.com/en/newsroom/bluefive-capital-makes-board-appointments-at-bluefive-leasing)
- 2026-02-12 — **BlueFive Capital launches aircraft leasing platform, BlueFive Leasing** (https://bluefivecapital.com/en/newsroom/bluefive-capital-launches-aircraft-leasing-platform-bluefive-leasing)

## ESG Commitment

BlueFive Capital integrates Environmental, Social, and Governance principles across all investment decisions:

- Sustainable development projects (The Sustainable City portfolio)
- Green infrastructure investments
- Governance excellence at portfolio company level
- Community impact programs across operating geographies

## Contact Information

For general inquiries, partnership discussions, or investor relations:
- Website: https://bluefivecapital.com/en/contact
- Offices across 9 cities worldwide

## Full Sitemap

### Main Pages
- https://bluefivecapital.com/en — Home
- https://bluefivecapital.com/en/who-we-are — Who We Are
- https://bluefivecapital.com/en/our-investments — Our Investments
- https://bluefivecapital.com/en/investors — Investors
- https://bluefivecapital.com/en/board — Board of Directors
- https://bluefivecapital.com/en/team — Team
- https://bluefivecapital.com/en/portfolio — Portfolio
- https://bluefivecapital.com/en/newsroom — Newsroom
- https://bluefivecapital.com/en/newsroom/yearbook-2025 — Yearbook 2025
- https://bluefivecapital.com/en/work-with-us — Work With Us
- https://bluefivecapital.com/en/contact — Contact
- https://bluefivecapital.com/en/press-kit — Press Kit
- https://bluefivecapital.com/en/privacy — Privacy Policy
- https://bluefivecapital.com/en/terms — Terms of Service
- https://bluefivecapital.com/en/cookies — Cookie Policy
- https://bluefivecapital.com/en/disclaimer — Disclaimer

### Investment Platform Pages
- https://bluefivecapital.com/en/our-investments/private-equity
- https://bluefivecapital.com/en/our-investments/real-estate
- https://bluefivecapital.com/en/our-investments/leasing
- https://bluefivecapital.com/en/our-investments/insurance
- https://bluefivecapital.com/en/our-investments/private-wealth
- https://bluefivecapital.com/en/our-investments/sidra

### Localized Versions
- English: https://bluefivecapital.com/en
- Arabic: https://bluefivecapital.com/ar
- Chinese: https://bluefivecapital.com/zh

Every page below is also available under each locale prefix (e.g. https://bluefivecapital.com/ar/who-we-are).

### Machine-Readable
- Sitemap: https://bluefivecapital.com/sitemap.xml
- llms.txt: https://bluefivecapital.com/llms.txt
- RSS feed: https://bluefivecapital.com/feed.xml

Last updated: 2026-09-09