Simpson Thacher represented Oakley Capital (“Oakley”) in connection with the formation and raising of Oakley’s flagship private equity fund, Oakley Capital V. The fund will focus on investing in technology, consumer and education and backing businesses with typical enterprise values of €100-€500 million. Investments will continue to focus on Oakley’s core regions of the UK, the DACH region, Italy and the Iberian peninsula. At EUR 2.85 billion, Oakley Capital V is almost twice the size of its predecessor fourth fund and attracted 25 new limited partners from EMEA and North America.
The Simpson Thacher team representing Oakley was led by Jason Glover and Robert Lee alongside Mollie Braverman, Victoria Hartman, Samantha Spearman, Alexander Hoffman and Dzeneta Masteiko (Private Funds, London); Barrie Covit and Chi Shum (Private Funds, U.S.); Owen Lysak, Adam Robins and Paula Caamaño Sambade (Private Funds Regulatory, London); Meredith B. Jones, Caleb McConnell and Ellie Verran (Tax); and Jeanne Annarumma (ERISA).