Hbis Group

Finance & Capital Market

Abu Dhabi group named GP for $4.8bn Chinese development fund

Tue, 06 Jan 2026

BlueFive Capital, a global investment platform based in Abu Dhabi, has been appointed as the first General Partner (GP) for a Fund of Funds worth RMB32 billion ($4.58 billion) established by CICC Capital, the private equity arm of China International Capital Corp and Chinese steelmaker HBIS Group.