Mumtalakat invests in Tanami to expand private markets platform

Mumtalakat invests in Tanami. Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, announced a strategic investment in Tanami on 2 November 2026 on the sidelines of Gateway Gulf 2026 in Manama. The investment will support Tanami’s expansion into new markets and a broader product offering as private markets take a larger share of investor portfolios across the GCC. Tanami is a digital private markets investment platform that gives eligible investors access to private equity, private credit, real estate and infrastructure opportunities managed by global asset managers. It partners with some of the world’s largest asset managers and global banks to bring institutional-grade opportunities to investors in the region. The platform launched in Bahrain in 2025 under the supervision of the Central Bank of Bahrain, later entered Saudi Arabia after receiving its license from the Capital Market Authority, and plans further expansion regionally and internationally. The investment builds on Tanami’s win in the third edition of the Startup of the Year competition, which Mumtalakat sponsors in partnership with Tamkeen. Winners of the competition have the opportunity to secure direct equity investment from Mumtalakat, subject to applicable terms and conditions. Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Mumtalakat, has previously said the fund is committed to investing in promising Bahraini ventures with strong growth and expansion potential, and that its role extends to sharing expertise and drawing on partnerships across its portfolio. Mumtalakat said the investment aligns with its strategy to optimize, enhance and grow its portfolio by investing in high-potential businesses capable of delivering sustainable long-term returns and meaningful local impact. It also reflects the fund’s role as an active partner supporting local companies as they build capabilities, scale regionally and compete internationally. Mumtalakat manages a diversified portfolio of more than 50 commercial enterprises across financial services, real estate, healthcare, telecommunications and technology. Tanami was founded in 2023 by Nawaf Almaskati and Faisal Aljalahma. The company had previously closed a funding round in September 2026 backed by stc Group’s tali ventures, Qatar Development Bank and UK-based 1818 Ventures, with the capital earmarked for expansion into Qatar and other markets. Mumtalakat’s investment adds a sovereign-linked backer and follows that earlier round. In Bahrain and the wider GCC, private markets have grown as a share of institutional and high-net-worth portfolios, yet access for a broader set of eligible investors has often required large minimums or relationships with global managers. Tanami’s model places discovery, deployment and monitoring of those opportunities on a digital platform regulated in Bahrain and Saudi Arabia. Mumtalakat’s backing places a local sovereign fund alongside the platform as it seeks to expand that access. The announcement did not disclose the investment amount, the ownership stake acquired by Mumtalakat, or the valuation implied by the transaction. It also did not name any other investors participating alongside Mumtalakat in this specific transaction. Tanami has not published updated assets under management, number of investors, or revenue figures following the investment. If a later announcement from Mumtalakat or Tanami names the investment amount, the size of the stake, or specific new markets and product launches funded by the capital, the deal will have measurable terms. If subsequent statements only restate the strategic nature of the investment and the expansion priorities without figures or timelines, the use of the capital will remain at the level of stated intent. The figures missing from the current disclosure are the amount invested, the ownership percentage and any valuation. Without them, the announcement confirms sovereign capital entering the platform but does not yet show the economic terms of the stake.