Strategic report / Sector review: Technology
Investing across digital markets
Oakley has built a successful track record in backing technology-led businesses.
Strategic report / Sector review: Technology
Technology overview
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
Oakley PE technology sector investments | Fund1 | Investment currency | OCI residual cost (Funds)2 £m | OCI fair value £m | % of OCI NAV |
|---|---|---|---|---|---|
Cegid | Fund III | EUR | 43.2 | 103.5 | 8.4% |
WebPros | Fund IV | USD | 19.4 | 54.7 | 4.4% |
Contabo | Fund V | EUR | 32.7 | 31.7 | 2.6% |
I-TRACING | Fund V | EUR | 56.6 | 55.0 | 4.5% |
Assured Data Protection | Fund V | GBP | 27.9 | 29.9 | 2.4% |
vitroconnect | Origin II | EUR | 15.9 | 22.4 | 1.8% |
Seedtag | Origin I | EUR | 0.0 | 11.6 | 0.9% |
Horizons Optical | Origin I | EUR | 9.0 | 12.4 | 1.0% |
Alerce | Origin I | EUR | 9.1 | 10.0 | 0.8% |
ECOMMERCE ONE | Origin I | EUR | 3.3 | 3.1 | 0.3% |
Hosting.com | Origin I | EUR | 9.6 | 12.5 | 1.0% |
Brevo | Fund VI | EUR | 19.2 | 19.2 | 1.6% |
Paraty Tech | Fund VI | EUR | 7.9 | 7.8 | 0.6% |
Total OCI valuation | 253.8 | 373.6 | 30.3% |
1. This section sets out the private equity technology sector investments. See Touring I and PROfounders III for Oakley’s Venture Fund Portfolio.
2. OCI’s residual cost represents OCI’s indirect investment through the Oakley Funds and is calculated on a look-through basis.
Please note that these tables may contain rounding differences.
