Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, has acquired a stake in BlueFive Capital, a global investment platform, underscoring Mumtalakat’s commitment to supporting emerging financial players.
Mumtalakat’s stake follows BlueFive Capital’s successful close of its Founding Shareholders Circle, and it joins the 25 prominent GCC and global investors backing the firm. This latest investment provides BlueFive with long-term institutional backing as it continues to scale internationally.
Founded in 2024, BlueFive Capital has rapidly grown to manage more than $2.6 billion in assets. As well as a flagship office in Manama, the firm operates across key global centres including London, Abu Dhabi and Beijing. It was founded by private equity veteran Hazem Ben-Gacem and is chaired by Sheikh Mohamed Isa Al Khalifa, the former Chief Executive Officer of Bahrain’s national pension fund.
Sheikh Mohamed Isa Al Khalifa Chairman – BlueFive Capital
“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.”
manages a globally diversified portfolio of non-oil and gas assets spanning Strategic Investments, Global Asset Management, Local Impact Investments, and Government Holdings. The fund is focused on creating long-term value for Bahrain through collaborative, sustainable investment strategies.
