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Dubens bullish on Oakley asset gains
PRIVATE equity boutique Oakley Capital Investments, run by serial entrepreneur Peter Dubens, issued a bullish statement yesterday, as it reported healthy growth in its investment portfolio.
While most major private equity houses are suffering dire asset falls, Oakley has reported a 9.1 per cent rise in its net asset value in the year to end-2008 to a £99.9m total.
Over the year, the group snapped up Monument Securities from Insinger de Beafort Group as well as buying news services firm Headland Media and web-hosting group Host Eurpe Corporation.
Dubens described the year as “successsful” and said investment opportunities are “emerging at attractive multiples”.