Oakley Capital Investments Limited
27 August 2026
Oakley Capital Investments - Update note from QuotedData
27 August 2026
On the right side of AI
The rapid progress of AI (especially agentic AI) has raised legitimate concerns over the business models of some companies within the software sector, affecting several private equity trusts exposed to these sorts of businesses. We believe these concerns are overstated for the companies in Oakley Capital Investments' (OCI) portfolio. These appear well positioned to benefit from the next phase of AI adoption.
OCI's portfolio is focused on businesses that benefit from having proprietary data (that the business owns or controls access to), specialist information, and deep sector expertise. For portfolio companies such as vLex, IU Group, and TechInsights, OCI's manager believes AI is more likely to be an accelerant than a disruptor, increasing the value of the underlying business. OCI is also building direct exposure to AI businesses through its partnership with Touring Capital.
Portfolio performance remains strong, with NAV total return of 6.0% in the first half of 2026 (80% of the underlying portfolio performance was driven by earnings growth), despite challenging economic and geopolitical conditions. We believe resilient earnings growth, continued capital deployment, AI-related value creation, and ongoing share buybacks provide a compelling basis for a narrowing of OCI's share price discount to NAV, which has widened to 33.2%.
Full Research:
https://quoteddata.com/research/oakley-capital-investments-on-the-right-side-of-ai-qd/
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