Key Takeaways
- Sector: Healthcare Healthtech & Medtech, Technology Software & Gaming.
- Geography: United States.
Analysis
Oak HC/FT Partners VI, L.P. has officially begun fundraising activities, as revealed in a newly filed SEC Form D dated July 24, 2025. This filing signals the launch of the firm’s sixth flagship fund, continuing its focus on healthcare and fintech growth-stage investments.
The fund is domiciled in Delaware and is managed by Oak HC/FT Management Company LLC from Stamford, Connecticut. According to the SEC filing, the offering amount remains unspecified and no capital has been raised yet, but the launch confirms the start of a new investment cycle for the veteran venture capital firm.
Oak HC/FT’s previous fund, Fund V, closed in July 2022 with total commitments of approximately $1.94 billion, its largest vehicle to date. The firm used Fund V to back companies driving transformation in digital health, payment infrastructure, revenue cycle automation, and financial security. Its ability to close nearly $2 billion demonstrated strong investor confidence and growing market relevance.
Before that, Fund IV closed in early 2021 at $1.4 billion, exceeding its original $1.1 billion target. A notable early backer was the Pennsylvania Public School Employees’ Retirement System, which committed $100 million to the fund. Fund IV capital was deployed across North American companies at the intersection of technology, healthcare, and finance.
With a steady upward trajectory in fundraising—from under $1 billion in Fund III to almost $2 billion in Fund V—Oak HC/FT continues to build momentum. Its strategy of investing in scalable platforms across health and finance has led to a portfolio that includes leaders in virtual care, payment tech, and compliance infrastructure.
The Fund VI filing suggests Oak HC/FT is preparing to match or surpass prior efforts, leveraging its established LP network and sector experience. While no commitments are reported yet, this early-stage regulatory disclosure opens the door for institutional participation and signals a new round of capital deployment in the firm’s high-conviction verticals.