BlueFive Capital closes $3 billion Onyx Fund I targeting US, Europe tech investments
BlueFive Capital closed its $3 billion Onyx Fund I, it said on Monday, targeting opportunistic technology and growth investments in the US and Europe.
The fund, which is registered with the Abu Dhabi Global Market, will focus on investments in artificial intelligence, biotechnology and advanced computing, the firm said.
BlueFive said the fund is anchored by sovereign capital from across the Gulf.
