About This Fund
Oakley Capital Private Equity III is the third flagship fund in the Oakley Capital fund family, managed by Oakley Capital, a London-headquartered pan-European private equity firm founded in 2002 by Peter Dubens. The fund closed at €800 million in 2017, backed by institutional investors including pension funds, sovereign wealth funds, and family offices. Oakley Capital has established a distinctive track record of partnering with ambitious entrepreneurs to build category-leading businesses across Europe, with particular strength in the DACH region, the United Kingdom, and Southern Europe.
Oakley Capital Private Equity III pursues control buyout and growth investments in medium-sized, high-growth companies primarily across Europe. The fund targets investments with enterprise values between €60 million and €300 million, deploying equity checks of €60 million to €150 million per transaction. The fund focuses on four core sectors where Oakley has deep operational expertise and a proprietary entrepreneur network: technology and software, consumer, education and edtech, and business services. Oakley's differentiated sourcing model, built on direct relationships with founder-owners, generates a pipeline of transactions that are often not widely marketed, reducing competition and improving entry valuations.
Oakley Capital Private Equity III has delivered exceptional returns across its 12 portfolio investments. The fund's standout performers include TechInsights, which achieved an 18x money-on-money return upon realization in 2021, and WebPros, which delivered a 6.7x return in 2019—demonstrating Oakley's ability to identify high-quality founder-owned technology businesses at inflection points in their growth. The strong performance of Fund III contributed to the rapid scaling of the Oakley platform, with Fund IV, Fund V ($2.85B), and Fund VI (€4.5B hard cap) each raising progressively larger pools of capital from an expanding global investor base.