Bahrain Mumtalakat Holding Company has taken a stake in BlueFive Capital, adding long-term backing to a fast-scaling platform anchored in Bahrain’s finance hub.
The investment follows BlueFive’s recent close of its Founding Shareholders Circle and brings the firm’s shareholder base to 25 GCC and global investors, a signal that regional institutions are looking to cultivate homegrown managers with international reach. Founded in 2024, BlueFive says it now manages more than $2.6 billion in assets and operates from Manama with coverage across London, Abu Dhabi and Beijing—an emerging network that gives Bahraini capital a seat in cross-border deal flow while keeping a footprint in the Kingdom. For Mumtalakat, the move aligns with its mandate to build long-term value for Bahrain by partnering with platforms that can scale; the fund describes itself as the Kingdom’s sovereign wealth fund, established by Royal Decree in 2006.
BlueFive was founded by private-equity veteran Hazem Ben-Gacem and is chaired by Sheikh Mohamed Isa Al Khalifa, former CEO of Bahrain’s national pension fund—leadership that blends global buyout experience with local institutional credibility. With an AUM base already into the billions, the new shareholder support gives BlueFive a clearer runway to accelerate international transactions while continuing to build out its Bahrain presence. For founders and finance professionals in the ecosystem, the takeaway is practical: more active investors with Bahraini roots typically translates into faster decisions, deeper local diligence, and more visibility for the Kingdom across deal syndicates.
“Welcoming Mumtalakat as one of our anchor shareholders is both a milestone and a strong statement of confidence in our vision and capabilities. This partnership provides stability and credibility as we accelerate our global expansion, firmly rooted in Bahrain’s dynamic financial landscape.”
Read BlueFive’s announcement for details on the transaction and leadership background here.
