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Oak HC/FT Management Company
Oak HC/FT is a growth-equity firm focused on healthcare and fintech, founded in 2014 as a spinout of Oak Hill Capital.
Oak HC/FT Management Company
Oak HC/FT was founded in 2014 by Andrew Adams and Matt Streeter, both former partners at Oak Hill Capital. The firm was created as a dedicated growth-equity platform focused exclusively on healthcare and financial technology, two sectors where the founders had deep operating and investing experience. Oak HC/FT operates as an independent firm but maintains a close strategic relationship with Oak Hill Capital, sharing office space and certain resources in Greenwich, Connecticut. The firm pursues a growth-equity strategy, writing checks of $10 million to $50 million in companies at the Series A through growth stages. Its portfolio includes healthcare companies such as AbleTo (a behavioral health platform) and Homethrive (a caregiving support platform). In fintech, Oak HC/FT has backed Figure Technologies (a blockchain lending platform) and Tandym (a pay-over-time solution). The firm invests primarily across the United States, with a smaller presence in Europe through a London office that was opened in 2020. Oak HC/FT has raised at least two dedicated funds: Oak HC/FT Partners II closed at $400 million in 2016, and Oak HC/FT Partners III closed at $750 million in 2019. The firm manages approximately $5 billion in total assets. In September 2024, Oak HC/FT promoted Jina Etienne to chief financial officer, overseeing the firm's finance and operations functions. The firm also operates a philanthropic arm, the Oak HC/FT Foundation, which supports health equity and financial inclusion. Oak HC/FT's structural differentiator is its sector-specific mandate combined with a private-equity heritage. Unlike many growth-equity firms that diversify across technology broadly, Oak HC/FT confines itself to healthcare and fintech, building deep domain expertise and proprietary sourcing networks. The firm also employs a 'one-team' model, where partners work collaboratively across sectors rather than siloed by industry.
General information
Firm type
Asset Manager
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Greenwich
Corporate office
Greenwich, CT, United States
Principals
Andrew Adams
Managing Partner, Co-Founder
Matt Streeter
Managing Partner, Co-Founder
Jina Etienne
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Oak HC/FT?
Andrew Adams and Matt Streeter are co-founders and managing partners who lead the investment committee. The firm also backs its decisions with a combined team of partners with operating and investing experience in healthcare and fintech.
Is Oak HC/FT a single-family office or a venture firm?
Oak HC/FT is a growth-equity asset manager, not a family office. It was spun out of Oak Hill Capital, a private equity firm originally founded by Robert Bass, but operates independently with its own investment mandate and institutional limited partners.
What investment stages does Oak HC/FT target?
Oak HC/FT invests at Series A, B, C, and growth stages, with typical check sizes of $10 million to $50 million per company. The firm takes a long-term hold approach and sometimes leads rounds.
How does Oak HC/FT source proprietary deal flow?
The firm's deep specialization in healthcare and fintech creates strong networks within those verticals. Partners and team members attend industry conferences, cultivate direct relationships with founders, and leverage the Oak Hill Capital ecosystem for deal sourcing and due diligence.
Does Oak HC/FT have a philanthropic foundation?
Yes. Oak HC/FT established the Oak HC/FT Foundation, which focuses on health equity and financial inclusion. The foundation operates separately from the investment business.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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