Strategic report / Oakley Capital Portfolio
Oakley Funds strategies
OCI is an investor in funds managed by Oakley Capital, which consist of 'Private Equity' and 'Venture' Funds investing across four strategies: Venture Capital, Growth Tech, Small-mid Buyout and Mid Buyout.
The Oakley Funds focus primarily on unquoted pan-European businesses, offering shareholders the opportunity to invest in a diversified portfolio of fast-growing private businesses across four sectors: Technology, Education, Consumer and Business Services.
In addition, Oakley Capital Investments holds two Direct Investments, including North Sails, where there has been a particular focus on optimisation for future returns due to the North Sails Apparel merger that occured during the period. Looking ahead, the Board has committed to solely invest in Oakley Capital Funds. Read more about our Direct Investments.
OCI
Investing directly in portfolio
OCI Direct
OCI strategy
Direct Investment
OCI has two Direct Investments, separate from Oakley Funds
Valuations:
North Sails
£159m
Time Out
£34m
Total value
£193m
Oakley Funds
Investing across the company life cycle
Venture Funds
Private Equity Funds
Fund strategy
Venture Capital
Equity ticket
€1-3m
Equity ticket
€1-3m
Funds
PROfounders III
OCI commitment
€30m
Total Funds2
€77m
Fund strategy
Growth Tech
Equity ticket
$10-25m
Equity ticket
$10-25m
Funds
Touring I
OCI commitment1
$100m
Total Funds2
$255m
Fund strategy
Small-mid Buyout
Equity ticket
€30-100m
Equity ticket
€30-100m
Origin Funds
Origin II
Origin I
OCI commitment
€319m
Total Funds2
€1,249m
Fund strategy
Mid Buyout
Equity ticket
€100-250m+
Equity ticket
€100-250m+
Flagship Funds
Fund VI
Fund V
Fund IV
Fund III
Fund II
OCI commitment
€2.22bn
Total Funds2
€10.14bn
Investing across four sectors
Technology, Education, Consumer and Business Services
- Following the period-end, Touring I held its final close with final commitments of $294 million. Given the strong early performance of the Touring Fund and the opportunity to increase its commitment at the final close, post period-end the Board applied for a $15 million increase in OCI’s original commitment to Oakley Touring I.
- Funds is defined as only those that OCI invests in.
Related content
Oakley Funds overview
In this section, we review each of Oakley's Private Equity and Venture Funds, as well as OCI's Direct investments.
Private Equity Funds
This section provides a performance snapshot of our Private Equity Funds.