Private equity and venture capital firm Oakley Capital has reported a shareholder return of 17 per cent for 2016, boosted by its flotation of Time Out.
The firm, which is led by entrepreneur Peter Dubens, reported a net asset value (NAV) per share of £2.31, up 16 per cent on the end of 2015.
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During the year, Oakley also obtained proceeds of €43.3m (£38.9m) from a partial sale of German online dating service Parship Elite.
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