Najm CapitalNajm Fund I + Co-InvestGCC growth equity, infrastructure, and strategic buyouts · Q1 2026 reporting
3
K. Al Rashidi · Director
KR
Commitment
Fund V$150M
Co-Invest—
Called78.7%
DPI 0.10x·Distributed $12M
Reporting
Last deck: 2026-02-18Viewed 1× · 28 min dwell
Next: 2026-04-30Q1 2026 portfolio summary · Wio Bank + fintech holdings
Relationship
Khaled Al RumaihiCEO
Najm leadSara Al Mazrouei
About Mumtalakat
Bahrain Mumtalakat Holding Company is Bahrain's sovereign wealth fund with ~$18B AUM, focused on Bahrain's strategic economic development. LP in Najm Fund I; particularly interested in fintech and financial services given Bahrain's position as a regional fintech hub. Relationship managed by Noura Al Kaabi.
Their priors · what resonates
Bahrain EV 2030 alignment required · fintech + financial services preferred sectors
Conservative mandate · no write-off tolerance from board
Annual on-site preferred · semi-annual email reporting accepted
Bahrain-linked revenue or operational presence a positive signal
2025 key moments
Mar: Wio Bank Series B co-invest · Mumtalakat participated at $10M · Bahrain fintech alignment
Jun: Annual LP day · Najm Abu Dhabi HQ · 2-member team attended
Sep: Bahrain EV 2030 review · Najm portfolio rated positively on fintech and digital
Dec: Fund I Q3 2025 performance confirmed above benchmark
Contacts
KR
Khaled Al RumaihiCEOLast: 2026-02-18
SD
Sara Al DoyDirector of Private EquityLast: 2026-04-10
Engagement temperature
Based on deck engagement, meeting cadence, and responsiveness over last 90 days.