About This Fund
Oak HC/FT Partners I is the inaugural fund of Oak HC/FT, a venture and growth equity firm founded in 2014 by Annie Lamont, Andrew Adams, and Patricia Kemp, who spun out the dedicated healthcare and financial technology investment team from Oak Investment Partners. The fund closed in late 2014 with $500 million in committed capital, establishing Oak HC/FT as a differentiated manager at the intersection of two uniquely complementary and high-growth sectors: healthcare information services and financial services technology.
Oak HC/FT Partners I focuses exclusively on technology-driven transformation across healthcare IT—including pharmaceutical services, alternative-care delivery models, and sub-population health solutions—and financial services technology platforms. The fund targets both early-stage ventures and more mature growth-stage companies across the United States, deploying investment tickets of $5 million to $50 million. The team's deep sector expertise, cultivated over decades at Oak Investment Partners, drives a proprietary deal pipeline sourced through strong founder and entrepreneur relationships within both industries.
Oak HC/FT Partners I represents the foundation of a firm that has grown to manage over $5.3 billion in assets under management across multiple flagship funds. The early portfolio validated the firm's dual-sector thesis, with the team going on to complete 46 realizations and support 35 portfolio companies that achieved unicorn valuations in excess of $1 billion. The success of Partners I paved the way for successive fundraises: Partners II ($600M, 2017), Partners III ($800M, 2019), Partners IV ($1.4B, 2021), Partners V ($1.9B, 2022), and Partners VI, demonstrating consistent investor confidence in the firm's focused strategy.