Oakley Capital Investments

What Oakley Capital Investments does

Oakley Capital Investments Limited (OCI) is a publicly listed closed-end investment company incorporated in Bermuda (company number 40324) and trading on the Main Market of the London Stock Exchange under ticker OCI. Since its founding in 2016, OCI has functioned as a permanent-capital vehicle providing institutional, professional, and knowledgeable investors with liquid, exchange-traded exposure to European mid-market private equity returns generated by its Investment Adviser, Oakley Capital, a 20-year-old pan-European private equity firm that has raised over €12.7 billion across nine flagship and specialist funds.

OCI's investment proposition rests on access to four complementary fund strategies run by Oakley Capital: Flagship mid-market buyout funds targeting enterprise values of €100 million to €1 billion-plus (most recently Fund VI at a €4.5 billion hard cap), the Origin Fund series targeting tech-enabled lower mid-market businesses up to €200 million in enterprise value (Origin II at €750 million), the Touring Venture Fund backing Series B enterprise software companies powered by generative AI, and the PROfounders Fund III focused on early-stage venture opportunities. These funds deploy capital across four defined verticals — Technology, Consumer, Education, and Business Services — and at 31 March 2026 OCI's look-through portfolio comprised 40+ companies with a total NAV of £1,259 million (758p per share).

The economic model is that of a listed private equity investment trust: OCI does not sell products or services but commits capital into Oakley Capital's funds, capturing pro-rata economic exposure to fund management fees, carried interest on realizations, and underlying portfolio equity gains. As of 31 December 2025, OCI held £992 million in outstanding commitments to Oakley funds, with £191 million in liquidity (cash plus undrawn credit) and 38 portfolio companies generating an average LTM EBITDA growth of 11%. In 2025 OCI deployed £197 million of capital and realized £92 million of proceeds at a 3.6x gross money multiple, while delivering a 10-year share price total return of +362% — outperforming the FTSE All-Share Index by +239 percentage points. OCI transferred to the LSE Main Market in August 2025 and joined the FTSE 250 Index in September 2025.

Name

Oakley Capital Investments

Legal name

Oakley Capital Investments Limited

Website

https://oakleycapitalinvestments.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Oakley Capital Investments is a Bermuda-domiciled, LSE-listed (FTSE 250) closed-end investment company providing institutional investors with liquid access to European mid-market private equity returns generated by Oakley Capital's four fund strategies spanning Technology, Consumer, Education, and Business Services.

Ownership category

akta.pro rank

Product category

Listed Private Equity Investment

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Endowment / OCIO-Style Multi-Manager Platforms (FSANAGAG)

akta.pro secondary industries

OCIO Providers (Outsourced CIO) (FSAAAGAH), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Private equity investment
• Listed investment company
• Mid-market buyouts
• Investment trust
• European private equity

Headquarters

HQ city

Hamilton

HQ country

Bermuda

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Revenue model

1. Management fees and carried interest: OCI generates returns through its investments in Oakley Capital funds, which charge management fees and carried interest on realized gains from portfolio companies.
2. Portfolio returns: Returns generated through equity gains, exits, and refinancings of underlying portfolio companies across Technology, Consumer, Education, and Business Services sectors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Oakley Capital Investments (OCI) is a publicly listed private equity investment company that provides institutional and professional investors with liquid exposure to private equity returns. OCI invests in funds managed by Oakley Capital, which target fast-growing, founder-led mid-market European businesses across four complementary sectors: Technology, Consumer, Education, and Business Services. The company is admitted to the Main Market of the London Stock Exchange and is a constituent of the FTSE 250 Index.

Product overview

Oakley Capital Investments is a listed private equity investment company (FTSE 250) that provides exposure to private equity returns by investing in funds managed by Oakley Capital. OCI offers access to four complementary fund strategies: Flagship Funds (mid-market buyouts, €100m-€1bn+), Origin Fund (lower mid-market), Touring Venture Fund (growth enterprise software), and PROfounders Fund III (early-stage venture). The portfolio spans four core sectors: Technology (Brevo, Cegid, I-TRACING, vitroconnect), Consumer, Education, and Business Services (XTEL, Paraty Tech, Alerce). In 2025, OCI deployed £197 million across 10 new platform investments and realized £92 million in proceeds.

Differentiator

Problem solved

Functional benefit

Products and services

• Flagship Funds Mid-market buyout funds with controlling equity positions targeting European businesses with enterprise values between €100 million and €1 billion-plus. Oakley has raised over €12.7 billion across nine flagship funds spanning Technology, Consumer, Education, and Business Services sectors.
• Origin Fund Lower-mid market fund strategy investing in tech-enabled businesses with enterprise values up to €200 million, leveraging Oakley's entrepreneur network. Origin Fund II raised €750m and Origin Fund I raised €455m.
• Touring Venture Fund Dedicated fund investing in next-generation enterprise software companies globally, targeting Series B venture opportunities in proven software businesses for the modern worker, powered by generative AI.
• PROfounders Fund III Early-stage venture capital fund focused on entrepreneur-led private businesses, backing disruptive business models that leverage technology to improve and transform customer experiences.
• OCI Listed Equity Shares of Oakley Capital Investments Limited trade on the Main Market of the London Stock Exchange (ticker: OCI), providing institutional, professional, and knowledgeable investors with liquid exposure to private equity returns. NAV per share was 758p as at 31 March 2026.

Quantifiable outcome

• 10-year share price total return of +362%, outperforming FTSE All-Share Index by +239%
• +7 more outcomes

Named customers17 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Partnerships

One partnership is on record.

• European Dental Group B.V.flagshipOthers · 1 January 2023Oakley Capital Fund V acquired Flemming Dental, Excent, and Artinorway Group from European Dental Group B.V., forming a major dental laboratory group in Europe.

Scale indicators28 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• ICG Enterprise Trust: London-listed investment trust that invests in European and US private equity alongside Intermediate Capital Group. Comparable as a listed PE investment company serving UK institutional investors with a similar NAV-driven return model and share-buyback policy.
• HarbourVest Global Private Equity: London-listed fund of funds providing exposure to global private equity primaries, secondaries and co-investments. Comparable as a diversified listed PE investment company offering institutional-style access to private markets via pooled fund structure.
• Pantheon International Plc: London-listed fund of private equity funds investing globally across primaries, secondaries and co-investments. Comparable as a multi-manager PE investment trust with similar investor base and persistent NAV-discount trading pattern.
• Hg Capital Trust: UK-listed investment trust providing shareholders exposure to Hg's private equity investments across European software and services businesses. Closest structural comparable to OCI as a London-listed, sector-focused PE trust of similar scale with comparable NAV-discount dynamics.
• Princess Private Equity Holding: London-listed fund of private equity funds providing global exposure across buyout, growth and venture partnerships. Comparable as a smaller listed PE investment vehicle focused on multi-manager fund access with similar dividend/distribution policy.
• Apax Global Alpha: London-listed investment company providing exposure to Apax Partners' mid-market European buyout and growth funds, with a portfolio of PE fund interests and direct investments. Highly comparable business model to OCI's fund-of-funds-plus-direct approach.
• NB Private Equity Partners: London-listed investment company providing diversified exposure to US and European private equity fund investments and co-investments managed by Neuberger Berman. Comparable as a listed PE trust with similar scale, NAV focus and discount-to-NAV trading characteristics.

Broad incumbents

• CVC Capital Partners: Amsterdam-listed pan-European private equity firm operating large flagship buyout funds across consumer, tech, financial services and healthcare. Comparable as a larger listed PE firm with overlapping European mid-to-large-cap investment strategy and listed-currency exposure to European deal flow.
• 3i Group: London-listed private equity and venture capital firm with a broad European mid-market focus and significant balance-sheet investments. Comparable as a larger, established listed PE player operating in overlapping mid-market European segments with a long performance track record.
• Petershill Partners: London-listed investment vehicle providing exposure to minority stakes in alternative asset managers and GP-led economics. Adjacent comparable given OCI's reliance on Oakley Capital manager economics and capital-allocation relationships with GPs across its portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/oakley-capital-investments
• Xx.com/OakleyCapInv

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oakley Capital Investments