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/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

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