Wed, Aug 21, 2019
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Oakley Capital raises $1.64bn fund

Thursday, July 18, 2019

Laxman Pai, Opalesque Asia:

Western Europe-focused private equity firm Oakley Capital has smashed the target of its fourth buyout fund, after raising €1.46bn ($1.64bn) for its final close.

"Following strong investor demand, the Fund closed above its target size of €1.2bn and is Oakley's largest fund to date," said a press release.

Fund IV attracted capital commitments from a broad range of new and existing institutional investors across Europe, North America and Asia, with commitments from existing Limited Partners representing a 40% uplift versus their commitments to Fund III.

Oakley's network of entrepreneurs and business founders that collaborate with Oakley on sourcing investments and growing portfolio companies have also committed over €40m to Fund IV. This brings the total amount committed by this group to over €120m, split across Funds II, III and IV.

The Fund also received a €400m commitment from Oakley Capital Investments Limited, the London-listed feeder fund providing public shareholders with access to Oakley's funds.

Fund IV follows Oakley's strategy of investing across Western Europe in high-growth mid-market businesses, focused on its three core sectors - Consumer; Education; and Technology, Media & Telecoms (TMT).

Fund IV has a deal pipeline and has already made its first investment. In May 2019, Oakley partnered with the management teams of Seagull & Videotel in a deal that involved acquiring and combining two leading pla......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Regulatory: Coming to America: US instigates major study into Mifid II[more]

    From IR Magazine: In the latest impact of Mifid II coming to America, a major investigation concentrating on research for small issuers has been successfully instigated by US politicians, on the back of the US coming closer to the European regulation. The US lower House of Congress, the House o

  2. Study: Quantitative investment strategies: Theory vs practice[more]

    From All About Alpha: When pitching an investment product with a backtested history the frequent response from potential investors is that they have never seen a bad backtest. Naturally this is true as there is no point in marketing a strategy with a poor backtest as investors have zero interest in

  3. 6 out of 10 investors seek to move assets from UK amid brewing of perfect storm[more]

    Opalesque Industry Update - Six out of 10 investors are now actively seeking to move assets out of Britain as a perfect storm looks set to hit the UK economy, reveals a new poll. The survey of more than 740 clients carried out by deVere Group, one of the world's largest independent financial

  4. Investing: Hedge funds take record short bets against Aston Martin, Investor sentiment reaching reversal point, says Lipper,It's time to buy into this long-suffering strategy, Investors, 'starved for returns,' flood private markets in search of high-growth opportunities[more]

    Hedge funds take record short bets against Aston Martin From FT: Hedge funds have taken record short positions in the debt and equity of Aston Martin, betting that the luxury carmaker will continue to struggle after one of the most disastrous stock market debuts of recent years.

  5. Crayhill Capital Management closes $100M transportation financing in Mexico[more]

    Bailey McCann, Opalesque New York: Private credit shop Crayhill Capital Management is providing a senior secured credit facility of up to $100 million to Mutuo Financiera, a vehicle fleet leasing company focused on clean energy passenger transportation in Mexico. Crayhill Capital Management is l