Oak Hill Capital Closes Third Fund
Oak Hill Capital Partners has closed its third fund with $3.8 billion in capital commitments, according to LBO Wire. The middle-market buyout firm began fundraising 18 months ago with a $4 billion target and $5.5 billion hard cap. Its second fund had closed in 2005 with $2.5 billion and had a 7.1% IRR as of year-end 2008, according to limited partner CalPERS.
18 June 2009•1 min read
