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Several acquisitions in the works, a new BlueFive subsidiary, CBUAE and Hong Kong link up, and RAK gets a new AED 25 bn development
BlueFive is targeting USD 1 bn for its investment vehicle as part of the new leasing unit
BlueFive Capital is making inroads in China ahead of planned USD 1 bn Asia-focused fund
This marks BlueFive Capital’s third major Asia-linked move in six months
BlueFive takes over Neo Capital to launch private wealth arm
The move brings in USD 650 mn in AUM under Mumtalakat-backed BlueFive’s umbrella
THIS MORNING: Newly launched PE firm BlueFive Capital to set up China-focused PE fund with CICC
Plus: Long weekend for Prophet Muhammad’s birthday confirmed
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