Oak Investment Partners
| Company type | Private Equity Investment Firm |
|---|---|
| Industry | Private equity |
| Founded | 1978 |
| Headquarters | Greenwich, Connecticut, United States |
Area served | Norwalk, Connecticut Minneapolis Palo Alto, California |
| Products | Venture capital |
| Website | www.oakvc.com |
Oak Investment Partners is a private equity firm focusing on venture capital investments in companies developing communications systems, information technology, new Internet media, healthcare services, and retail.
History
The firm, founded in 1978 by Edward Glassmeyer and Stewart Greenfield[1], is based in Greenwich, Connecticut, with offices in Norwalk, Connecticut, Minneapolis and Palo Alto, California. Since its inception, Oak has invested in more than 480 companies and has raised more than $8.4 billion in investor commitments across 12 private equity funds. Ann Lamont is a managing partner.[2]
In May 2006, Oak raised its 12th fund, at $2.56 billion, reportedly the largest venture capital fund ever raised.[3]
In 2015, Indian-born employee Iftikar Ahmed was sued by the U.S. Securities and Exchange Commission on suspicion of stealing US$65 million from the firm.[4] Ahmed fled to India.[5] In August 2015, Fortune reported that Mr. Ahmed had been detained in an Indian prison from May 22 until July 23 and that his passport had been confiscated.[6]
References
- ^ "Oak Investments: The Rise, the Fall and the Rogue | Institutional Investor". www.institutionalinvestor.com. Retrieved 4 June 2025.
- ^ Alison Leigh Cowan (16 October 2006). "Not-So-Hidden Asset, His Wife, Is Force in Lamont's Senate Bid". The New York Times. Retrieved 27 March 2015.
Now Ms. Lamont, one of the most successful women ever in the lofty realm of venture capital, is the not-so-hidden hand behind her husband, Ned, the political novice who managed to topple a three-term incumbent in the Democratic primary.
- ^ "Thomson Reuters: Clarifying the complex". www.thomsonreuters.com. Retrieved 4 June 2025.
- ^ Das, Anupreeta; Eaglesham, Jean (7 October 2015). "Harvard, Goldman Sachs, Venture Capital…Fugitive". The Wall Street Journal. Retrieved 10 October 2015.
- ^ Dolmetsch, Chris (28 June 2023). "Fugitive Venture Capitalist Ordered to Surrender $64 Million in SEC Case". Bloomberg. Retrieved 4 June 2025.
- ^ "Ifty Ahmed, VC charged with fraud, spent past two months in India jail".
External links
- Oak Investment Partners (Company website)