Abu Dhabi-based BlueFive Capital has signed a Memorandum of Understanding (MoU) with Sriwijaya Capital, a Southeast Asia-focused private equity firm, to form a strategic alliance. The partnership is designed to strengthen capital flow between the Gulf and Southeast Asia by establishing a dedicated “South-to-South investment corridor.”
Creating A South-To-South Investment Corridor
The alliance aims to connect Gulf sovereign wealth funds, institutional investors, and family offices with high-growth opportunities in the ASEAN region. BlueFive Capital will leverage its extensive global network, including its access to long-term Gulf capital and Chinese state-owned enterprises. In parallel, Sriwijaya Capital will utilize its deep regional network of corporates and partners, with Indonesia serving as the anchor market and a springboard for regional expansion.
“This MoU reflects the shared commitment of our two firms to build stronger cross-border investment linkages,” said Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital. “Together, BlueFive and Sriwijaya will connect capital and opportunities between the Gulf and Southeast Asia, with a focus on high-growth sectors critical for the future.”
Targeting High-Growth Sectors
The collaboration will initially focus on key sectors critical for future economic development across the Middle East and Southeast Asia. These include renewable energy and infrastructure, the digital economy and fintech, and healthcare and life sciences. This targeted approach aims to scale companies and drive sustainable growth across both regions.
Hartanto Tjitra, Chief Executive Officer of Sriwijaya Capital, commented, “This partnership connects the Gulf region with ASEAN opportunities, allowing us to work with investors, scale companies and drive growth across both regions. It also underscores Sriwijaya’s commitment to Indonesia and ‘Indonesia Incorporated’ initiative, where the private sector and government work together as a dual engine for growth.”
About BlueFive Capital
BlueFive Capital is a global investment platform with $6 billion in Assets Under Management (AUM) that targets opportunities in high-growth economies. Incorporated in Abu Dhabi Global Market (ADGM) and with offices in London, Manama, Abu Dhabi, Dubai, and Beijing, the firm focuses on sectors defining the next generation of prosperity. Founded in late 2024, it is led by private equity veteran Hazem Ben-Gacem.
About Sriwijaya Capital
Sriwijaya Capital is a private equity firm focused on Southeast Asia, founded by prominent Indonesian business leader Arsjad Rasjid. The firm draws on its extensive network of corporates, family businesses, private banks, and limited partners across the region to identify and cultivate investment opportunities.
Source: Zawya
