Hazem Ben-Gacem Secures $120 Million Funding for BlueFive Capital
Tunisian investor Hazem Ben-Gacem has successfully raised $120 million in funding for BlueFive Capital, with a heavily oversubscribed round that has brought together 25 top-tier investors in under six months. This significant show of confidence confirms the trust placed in Ben-Gacem's vision as a pioneer in global private equity.
A Global Private Equity Veteran
Born in Tunisia, Hazem Ben-Gacem is today recognized as one of the most seasoned professionals in global private equity. Over nearly three decades, he has held top positions at Investcorp, the largest non-sovereign private equity firm in the Middle East. Under his co-leadership, the group's assets under management grew from $10 billion to over $50 billion.
BlueFive Capital: A Hemispheric Vision
With BlueFive Capital, which he founded in late 2024, Ben-Gacem is betting on a "hemispheric" vision: connecting institutional financial markets with high-growth economies that are still underserved.
BlueFive Capital: An Ambitious Player in the Spotlight
Since its inception, BlueFive Capital has rapidly risen to become one of the fastest-growing asset managers in the Gulf region. The firm already boasts over $650 million in assets under management, supported by a team of 27 professionals spread across London, Bahrain, Abu Dhabi, Dubai, Riyadh, Jeddah, Singapore, and Beijing.
A Prestigious Circle of Founding Shareholders
The circle of founding shareholders includes 25 influential institutions and family offices, featuring royal families from the Gulf and prominent figures from North America, Europe, and Asia. BlueFive Capital's governance is equally impressive, with Sheikh Mohamed Bin Isa Al Khalifa, former head of Bahrain's national pension fund, serving as Chairman of the Board, alongside Lord Gerry Grimstone, former UK Minister of Investment, and Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah of Kuwait.
