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Oakley Capital invests in Italian design company Alessi

Oakley Capital Investments Ltd. invested about £6 million in Italian homeware design company Alessi SpA.

Oakley intends to strengthen and expand the century-old family-owned brand by targeting new audiences and optimizing its mix of products, pricing and distribution channels.

Alessi is the 10th and last platform investment in Oakley's Oakley Capital Private Equity III, according to a release.