Strategic report / Venture Funds
Oakley Touring I
Vintage
2023
Fund size
$255m*
Oakley Touring I launched in 2023 and had its final close post period-end. The Fund has invested in proven next-generation enterprise software companies powered by generative AI. At the period-end, Touring held 11 investments, having made four acquisitions and one disposal during the period.
OCI commitment
$100m*
OCI outstanding commitment
£28m
*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.