Technology overview

Strategic report / Sector review: Technology

Investing across digital markets

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Oakley has built a successful track record in backing technology-led businesses.

Strategic report / Sector review: Technology

Technology overview

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Oakley’s first investments were in TMT (Technology, Media and Telecoms), demonstrating the Firm’s early track record as a tech investor. This laid the foundations for subsequent investments in niche sectors where Oakley excels, including web hosting and cloud-based SaaS solutions.

Total % of OCI NAV

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Oakley PE technology sector investments

Fund2

OCI residual cost

(Funds)1

£m

 OCI fair

value

£m 

% of

OCI NAV

Cegid

Fund III

40.9

99.2

8.1%

WebPros

Fund IV

41.8

74.4

6.1%

Contabo

Fund V

31.0

39.7

3.2%

I-TRACING

Fund V

35.6

35.6

2.9%

Assured Data Protection

Fund V

26.4

26.7

2.2%

vitroconnect

Origin II

15.0

16.6

1.4%

Seedtag

Origin I

–

10.7

0.9%

Horizons Optical

Origin I

8.5

9.5

0.8%

Alerce

Origin I

8.7

9.4

0.8%

ECOMMERCE ONE

Origin I

5.6

7.9

0.6%

World Host Group

Origin I

6.5

6.4

0.5%

Daisy

Fund II

8.3

1.7

0.1%

Total OCI valuation

337.9

27.6%

1. OCI’s residual cost represents OCI’s indirect investment through the Oakley Funds and is calculated on a look-through basis.

2. This section sets out the private equity technology sector investments. See Touring I and PROfounders III for Oakley's venture fund investments.

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Technology portfolio ​​

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I-TRACING case study ​​