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§ Venture Capital · Ugland House, Cayman Islands
Oak Pacific Investment (OPI) functions as a holding company, managing a diverse investment portfolio and an advertising agency. It consolidates minority interests in 44 portfolio companies and 6 investment funds, integrating its ZenZone advertising business. OPI's strategy centers on stewardship of these varied holdings and management of its advertising division.
Established in April 2018, Oak Pacific Investment emerged from a strategic spin-off by Renren Inc. This move separated Renren’s investment assets and ZenZone advertising unit from its social networking and other operations. The restructuring aimed to unlock value and navigate regulatory aspects; Renren founder Joseph Chen was central.
OPI’s ZenZone advertising business serves clients needing marketing solutions; its investment arm manages significant equity stakes. The company’s vision focuses on maximizing the long-term value of its consolidated portfolio, spanning numerous private companies and funds. Oak Pacific Investment aims to deliver sustained returns for its shareholders, primarily former Renren shareholders.
Oak Pacific Investment has 1 tracked investment across 1 company. The latest tracked deal is $8.0M Pre-Series A in Simshine in September 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 10, 2019 | Simshine | $8.0M Pre-Series A | Cheetah Mobile | Skychee, Skyview Fund |