|
Oakley Capital Investments Ltd on Tuesday said Oakley Capital Fund IV will provide growth capital to Thomas’s London Day Schools. The Bermuda-based company, which provides access to the private equity funds advised by Oakley Capital Ltd, said the partnership will fund capital expenditure and development projects across the Thomas’s schools to upgrade current facilities and invest in new opportunities to expand Thomas’s offering. OCI said its indirect contribution via Fund IV will be £14 million. The company noted that the figure only relates to its share of Oakley’s overall investment in Thomas’s. OCI did not disclose further financial details of the partnership. OCI focuses on investments in the education sector. Thomas’s is a family run group of co-educational independent schools in London. Peter Dubens, Oakley Capital co-founder and managing partner, said: ‘Thomas’s has become a byword for well-rounded educational excellence as one of the UK’s leading school groups. ‘We are committed to building on this track record, by providing investment and support for Thomas’s to deliver on its ambitious growth plans and continue providing outstanding education to children.’ OCI shares were up 0.1% at 451.00 pence each in London on Tuesday morning. Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
