Oakley Capital Investments Reports Strong First-Half Performance with NAV Growth
Oakley Capital Investments (OCI) reported a net asset value of £1.29 billion, or 782 pence per share, as of June 30, 2026, delivering a total NAV return of 6% in the first half. The company attributed much of this growth to strong performance from its portfolio companies, which generated 56 pence per share of unrealized gains—mostly driven by earnings growth and some multiple expansion. Key contributors included Phenna, North Sails, and TechInsights, collectively adding 30 pence per share. Exaforce also saw a significant valuation increase following a $125 million financing round. OCI maintained £230 million in liquid resources and continued to repurchase shares at a substantial discount of 33% to NAV. The company emphasized its long-term performance, with a compound annual growth rate (CAGR) of total NAV return over the past decade matching shareholder returns despite ongoing discounts.
Topics: liquidity management net asset value portfolio growth unrealized gains