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Oakley Capital Investments Ltd on Wednesday said its portfolio demonstrated resilience in 2024 despite macroeconomic headwinds, with net asset value rising modestly and total returns reflecting stable valuations across its holdings. The London-based investment firm, which provides access to funds managed by Oakley Capital, reported a net asset value per share of 695 pence as of December 31, equating to total NAV of £1.23 billion. NAV per share grew 2% for the year, or 6% when excluding the impact of foreign exchange movements. Oakley said the strongest contributions to NAV growth came from IU Group NV, Phenna Group Management Ltd, Dexters Group Ltd, Bright Stars Nursery Group Ltd, and Steer Automotive Group Ltd, with 75% of valuation gains driven by earnings growth. The company’s portfolio remained active throughout the year, with £299 million in investments made across new platform deals, follow-on investments, and venture capital opportunities. Meanwhile, it realised £179 million from asset sales and refinancings. Looking ahead, Oakley Capital said it expects stronger NAV growth from its portfolio of ‘founder-led, disruptive businesses’ with non-discretionary revenues, noting that its investment approach focuses on scaling businesses with long-term value creation potential. The firm ended the year with £225 million in available liquidity, including £103 million in cash and £122 million in undrawn credit facilities. Outstanding commitments to Oakley’s funds totalled £646 million, which will be deployed over the next five years. Oakley Capital will publish its full-year results for 2024 on March 13. Shares in Oakley Capital closed 1.6% down at 486.00 pence each in London on Wednesday. Copyright 2025 Alliance News Ltd. All Rights reserved.
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