Oak Investment Partners
Encyclopedia
Oak Investment Partners is a private equity
firm focusing on venture capital
investments in companies developing communications systems, information technology
, new Internet
media, healthcare services and retail.
The firm, founded in 1978, is based in Westport, Connecticut
with offices is Minneapolis and Palo Alto, Calif. Since inception, Oak had invested in more than 480 companies and had raised more than $8.4 billion in investor commitments across 12 private equity funds.
In May 2006, Oak raised its 12th fund, at $2.56 billion reportedly the largest venture capital fund ever raised.
companies, funding spinouts of existing divisions and assets, and providing growth capital
to later-stage companies. Oak also selectively invests in public companies through PIPE
investments.
In December 2008, Oak invested 25 million dollars in the online media outlet Huffington Post.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm focusing on venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
investments in companies developing communications systems, information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, new Internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...
media, healthcare services and retail.
The firm, founded in 1978, is based in Westport, Connecticut
Westport, Connecticut
-Neighborhoods:* Saugatuck – around the Westport railroad station near the southwestern corner of the town – a built-up area with some restaurants, stores and offices....
with offices is Minneapolis and Palo Alto, Calif. Since inception, Oak had invested in more than 480 companies and had raised more than $8.4 billion in investor commitments across 12 private equity funds.
In May 2006, Oak raised its 12th fund, at $2.56 billion reportedly the largest venture capital fund ever raised.
Investments
Oak invests across a range of stages: funding startupStartup company
A startup company or startup is a company with a limited operating history. These companies, generally newly created, are in a phase of development and research for markets...
companies, funding spinouts of existing divisions and assets, and providing growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...
to later-stage companies. Oak also selectively invests in public companies through PIPE
Private investment in public equity
A private investment in public equity, often called a PIPE deal, involves the selling of publicly traded common shares or some form of preferred stock or convertible security to private investors. In the U.S...
investments.
In December 2008, Oak invested 25 million dollars in the online media outlet Huffington Post.
External links
- Oak Investment Partners (Company website)