Oakley to raise £18m

AIM-listed private equity firm Oakley Capital Investments is looking to raise £18m for its investment vehicle Oakley Capital Private Equity.

The fund invests in mid-market companies in the UK and Europe and intends to use the money raised to take advantage of the distressed opportunities that have arisen since the banking crisis in September last year. The fund will target equity transactions in the range of €30m to €140m.

The firm has also announced it plans to transfer to the main market of the London Stock Exchange as soon as possible.