Funds overview

OCI is a listed investment company with the objective of providing consistent, long-term returns to its shareholders by offering the opportunity to invest in a diversified portfolio across Venture capital, Growth tech, Small-mid and Mid Buyout.

The Oakley Funds consist of the Private Equity and Venture Funds Portfolio. Of the Private Equity Portfolio, the strategy of the Oakley Flagship funds is Mid Buyout, and the Oakley Origin fund covers Small-mid buyout. The Venture Funds Portfolio comprises Touring and PROfounders, where the strategic focus is on Growth technology and venture, respectively.

Currently, the underlying portfolio has funds investing across all four strategies: on a look-through basis, Fund V completed the acquisition of Steer Automotive Group of £66 million and ProductLife Group of £40 million, and Touring acquired 3 new investments and 1 follow-on investment amounting to £16 million during the period. Post period end, Origin II completed the acquisition of VitroConnect with OCI’s look-through investment of £20 million.

Looking ahead, OCI expects to generate look-through proceeds of c.£70 million from idealista and c.£50 million from Ocean Technologies Group. Fund IV will realise a gross return of 2.1 x and 2.7x money multiple respectively.