Oak Hill Capital Partners

Last updated
Oak Hill Capital Management, LLC
Company type Private Ownership
Industry Private Equity
Founded1986;38 years ago (1986)
Founder Robert Bass
Headquarters65 East 55th Street
New York City, United States
Products Private equity funds, Leveraged buyouts
Total assets $10.4 billion
Number of employees
50+
Website www.oakhillcapital.com

Oak Hill Capital Partners is a private equity firm headquartered in New York City, with more than $19 billion of committed capital from entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions. Robert Bass is the lead investor.

Contents

Oak Hill Capital is one of several Oak Hill partnerships, each of which has an independent management team. These Oak Hill partnerships comprise over $18 billion of investment capital across multiple asset classes, including private equity, special situations, high yield and bank debt, venture capital, real estate and a public equity exchange fund.

On April 20, 2010 the company announced acquisition of Denver-based data center company ViaWest Inc. for an undisclosed amount.

In 2017 the company sold Wave Broadband for more than $2.3 billion. [1]

Notable investors

Robert Bass, who was an early investor in leveraged buyouts in the 1980s and employed David Bonderman and Jim Coulter the founders of Texas Pacific Group, is the lead investor in Oak Hill Capital Partners.

The company has garnered widespread media attention due to its addition of investors Bill Gates and Nike founder Phil Knight. [2]

Other investors include the Country of Singapore and Stanford University. [3]

Notable investments

Over a period of nearly twenty years, Oak Hill Capital has invested in more than fifty significant private equity transactions, including:

Recent acquisitions

In May 2011, Oak Hill Capital Partners acquired Intermedia, a business communications SaaS company bootstrapped and majority-owned by David Choupak and his wife Anastasia Koroleva, for an undisclosed amount. [4]

In October 2014, Oak Hill Capital Partners acquired Berlin Packaging for a fee of $1.43 billion from Investcorp. [5]

In January 2018, Oak Hill Capital Partners acquired Safe Fleet from The Sterling Group. [6] No value of the deal was mentioned.

On June 15, 2018, Oak Hill Capital Partners acquired a majority stake in VetCor Group Holdings Corp. Terms of the transaction were not disclosed. [7] [8]

Investment professionals

Managing Partners

Partners

Principals

Previous Partners

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References

  1. "Oak Hill Capital Partners | Oak Hill Capital Partners to Sell Wave Broadband for $2.365 Billion".
  2. businessweek.com, February 28, 2005 Business Week article
  3. "Bill Gates and Phil Knight invest in new Oak Hill fund - Taipei Times". 26 February 2005.
  4. "Oak Hill Capital Partners to Acquire Intermedia, Global Leader in Cloud Services - Intermedia". 26 May 2011.
  5. Investcorp to complete $1.43 billion Berlin Packaging sale to Oak Hill in October. Reuters, 1 October 2014
  6. "Oak Hill Capital Partners to Acquire Safe Fleet". www.prnewswire.com. Retrieved 2018-09-05.
  7. Cooper, Laura (2018-06-15). "Oak Hill Leads Recapitalization of VetCor". Wall Street Journal. ISSN   0099-9660 . Retrieved 2020-03-31.
  8. "VetCor Closes Recapitalization | Harvest Partners". 2 July 2018. Retrieved 2020-03-31.

Notes