Blue Five Capital Company for Asset Management announced its success in collecting two billion dollars for its first private investment fund, Blue Five Reef 1, registered in the international market of Abu Dabi, which is aimed at investing in private capital in the countries of the Council for Cooperation in Persian Bay.
The company said that the fund, which will be controlled by Emirati Capital, Abu Dabi, will be focused on the possibilities for acquiring basic and minorities in large organizations that record high growth rates, in addition to outstanding commercial blocks in the UAE and in the region as a whole.
According to information published today, the interest of the fund in 5 strategic sectors: healthcare, technology, hospitality, aviation and industry. This tendency appears in the light of a quick economic impulse after the region, and its growing location as a global gate connecting the East and West.
Hayzem bin Kasim, founder and general director of Blue Five Capital, emphasized that the new fund is a detailed station in March of the company, saying: “Our open fund costs two billion dollars, and this will play a key role in expanding the private investment in the field of investment in GULF, and it will give us the ability to start companies and competitive administrative teams in which Participates in the construction, in orders, including at a party where they perform in the maximums, with the participation in the construction maximums, including visiting.
