Oak Hill Capital related stories
All articles and analysis
ONCAP’s Thompson moves to PenfundJeremy Thompson has joined Penfund as a partner roughly two months after the mid-market firm raised C$460m for its fourth fund, nearly twice the size of its previous vehicle.
- Oak Hill Capital hires former Oracle CFO
The firm has added Jeff Epstein, former chief financial officer of Oracle, to advise on existing portfolio companies and investment opportunities in the technology sector.
- Airline bankruptcy includes unfunded commitments
The bankrupt parent company of American Airlines had $389m-worth of unfunded exposure to private equity funds as of 31 December. It’s not clear if the company will continue to meet capital calls through bankruptcy proceedings.
- GIC joins Avolon PE team with $300m investment
Sovereign wealth fund GIC has reportedly invested $300m in an aircraft leasing company owned by Cinven, CVC and Oak Hill.
- Oak Hill reinvests in Southern Air
In addition to receiving an additional $55m in investment capital, the cargo airline has renegotiated its credit agreements to extend debt maturities to 2015.
- Graham Partners in 3.4x aerospace exit
The Philadelphia-based mid-market firm grossed an internal rate of return in excess of 33% in the transaction, its fourth exit in 18 months.
- Oak Hill in $900m aerospace exit
The firm has sold aerospace product manufacturer Primus, which it acquired in 2006, to Precision Castparts.
- Carlyle, Oak Hill in $155m bank merger
The firms will invest $77.5m each in the merger of FNB United and Bank of Granite as part of a $310 million private placement of FNB United’s stock.
- Terra Firma ups aircraft investment to $1.2bn
A consortium of investors led by Terra Firma and CPPIB will invest up to $729mn of additional capital in AWAS, an aircraft leasing company Terra Firma originally purchased in 2006.
- TPG Credit arm raises $605m aviation fund
The 6-year-old distressed debt affiliate -- which is also rumoured to be raising a new distressed debt fund -- beat its $400m target.