Former Investcorp Boss Plans $1 Billion Fund for Finance Deals

By Yahoo! Finance | Nov 4, 2024 at 04:33 AM EST

Former Investcorp Holdings CEO, Hazem Ben-Gacem, plans to launch a $1 billion Abu Dhabi-based capital fund, BlueFive Capital, to acquire stakes in financial services firms globally. The fund will focus on insurance, private wealth, and brokerage firms in the Global South.

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