Oak Hill Capital related stories
All articles and analysis
Oak Hill closes $1.1bn credit fundThe private investment firm's distressed debt fund was 50% oversubscribed.
- FDIC establishes rules for private equity bank buyouts
The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
- Blackstone, Centerbridge offer alternatives to FDIC rules
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
- LPs struggle to tell placement agents from finders
As events in the US draw the conduct of placement agents into the limelight, research conducted by PEI Media shows that many LPs find it hard to tell the genuine article from the so-called 'finders'.
- Oak Hill to pump $125m into Duane Reade
Duane Reade has struggled under its $556.5m debt load and heavy competition from national chains. Oak Hill bought the drug store chain chain in 2004 for $750m.
- Oak Hill closes $3.8bn Fund III
The mid-market firm, established by Robert Bass in the 1980s, secured the backing of major pension investors for its latest investment vehicle.
- S&P: Private equity-backed retailers in trouble
Standard & Poor’s has a bleak outlook for the US retail sector in 2009. The ratings agency has ranked three retail companies backed by private equity firms at risk of defaulting on their debt payments.
- Oak Hill gathers $3.8bn for Fund III
The Robert Bass-founded private equity firm is nearing its $4bn fundraising target and expects a final close in February.
- Guggenheim Aviation opens in Singapore
The US-based private equity firm has also hired Stephen Barnes, former treasurer for Singapore Airlines, as director of marketing in Asia.
- Former retail execs indicted for defrauding Oak Hill
Oak Hill Capital Partners bought US drug store chain Duane Reade in 2004 for $750m, a price allegedly based on inflated earnings numbers.