Investment firm BlueFive Capital has concluded raising the $2bn BlueFive Reef Private Equity Fund I, which – registered with the Abu Dhabi Global Market (ADGM) – targets large cap GCC private equity investments.
The fund will be managed from Abu Dhabi and target majority and minority investments in sizeable high-growth businesses and conglomerates across the UAE and the broader GCC, with a focus on five key sectors: Healthcare, Technology, Hospitality, Aviation, and Industrial. It will leverage the region’s economic growth momentum and its increasing position as the gateway to various regions and economies in the world, both East and West.
BlueFive Capital is one of the GCC’s fastest growing global asset managers with a 27-person investment team spanning London, Abu Dhabi, Dubai, Riyadh, Jeddah, Bahrain and Beijing.
