Strategic report / Technology overview

Investing across digital markets

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

Investing across digital markets 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.

We set out below the private equity technology sector investments. See Touring I and PROfounders III for Oakley's venture fund investments.

Total % of OCI NAV

Technology_sector_pie_animated

Oakley PE technology sector investments

Investment

Fund3

OCI residual cost

(Funds)1

£m

 OCI fair

value

£m 

% of

OCI NAV

Cegid

Fund III

41.9

104.5

8.4%

WebPros

Fund IV

42.8

71.7

5.7%

Ocean Technologies Group

Fund IV

20.5

54.0

4.3%

Contabo

Fund V

31.7

39.0

3.1%

Seedtag2

Origin I

0.0

11.0

0.9%
Alerce Origin I

9.5

9.9

0.8%
Horizons Optical Origin I

8.7

8.7

0.7%

ECOMMERCE ONE

Origin I

5.8

8.0

0.6%

World Host Group

Origin I

6.6

6.6

0.5%

Daisy

Fund II

8.4

1.7

0.1%

Total OCI valuation

315.1

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

2. Entire cost invested in Seedtag has been returned.

3. The table excludes venture funds investments of Oakley Touring I, which amounted to £38.3 million.

 

Hard drives in a computer rack

Technology portfolio ​​

Close up of persons eye wearing glasses

Horizons Optical case study ​​