Pan-European private equity firm Oakley Capital has successfully closed Oakley Capital Fund VI at its €4.5bn hard cap, just six months after launching the fundraise in September 2024.
Fund VI saw strong support from existing investors across the Oakley platform, with a near-100% re-up rate. The fund also secured €2.2bn in fresh institutional commitments from across Europe, North America, and Asia, alongside new participation from Australia and Latin America.
Oversubscribed within three months, Fund VI represents a 58% increase in size compared to its predecessor, Fund V.
The latest fund will continue Oakley’s proven investment strategy, targeting mid-market, founder-led European businesses in Technology, Digital Consumer, Education, and Business Services. While maintaining a focus on similar-sized companies, Fund VI will deploy more capital to support successful buy-and-build strategies and an expanded portfolio of investments.
Oakley’s approach has consistently delivered strong performance, generating total realised returns of 3.9x Gross MM and an average realised Gross IRR of 52% across all funds since inception. In the past 12 months, the firm has completed three successful exits, reinforcing its track record of delivering strong distributions to investors.
