OAK HCFT MANAGEMENT COMPANY LLC

Thesis

Oak HC/FT Management Company LLC, established in 2014, is a growth equity firm with a dual focus on the healthcare and financial technology (fintech) sectors. The firm's investment thesis centers on identifying and supporting companies that have the potential to create significant impact and structural change within these industries. Oak HC/FT exclusively targets these two sectors, leveraging deep domain expertise and proprietary sourcing networks. Their strategy employs a growth-equity approach, aiming to back companies from the Series A through growth stages. They often take a lead investor role in funding rounds and maintain a long-term investment horizon. The firm's geographic scope is primarily the United States, with an established presence in Europe via a London office opened in 2020. Investment criteria emphasize founders with a profound understanding of complex systems and a commitment to impactful solutions. Oak HC/FT manages substantial assets, with AUM reported between $5 billion and over $7 billion. They have raised multiple dedicated funds, including Oak HC/FT Partners II ($400M, 2016), Oak HC/FT Partners III ($750M, 2019), Oak HC/FT Partners V ($1.94B, 2022), and Oak HC/FT Partners IV (targeted $1.1B). Typical investments range from $10 million to $50 million per deal, with a sweet spot around $30 million. For early-stage venture investments within Fund IV, the target was approximately $25 million, while growth equity investments ranged from $45 million to $75 million.

Related lists

• Series A Fintech investors
• Series A Healthcare investors
• Series C+ Fintech investors