Oak Hill Capital Partners has hired Michael Schrock, former president and chief operating officer of industrial company Pentair, as a senior advisor and operating consultant, according to a statement.
Schrock will work with management teams across Oak Hill’s private equity portfolio, advise the funds on industrial sectors and assist with due diligence. At Pentair, he focused on products and services in water, fluid, thermal management and equipment protection. He retired from the company at the end of 2013. Prior to Pentair, Schrock was a senior member of the management team at manufacturing conglomerate Honeywell.
“[Schrock’s] extensive strategic and operational experience at growing industrial companies will be immediately additive to the management teams of our portfolio companies,” Oak Hill managing partner, Tyler Wolfram said in the statement.
Schrock’s appointment brings the number of operating consultants at Oak Hill to 11. He joins Mark Wolfson, professor at the Stanford Graduate School of Business, as Oak Hill’s second senior advisor, according to Oak Hill’s website.
Oak Hill invests in mid-market companies in the business and financial services, consumer, healthcare, media and telecom and technology sectors. Oak Hill’s latest fund, Oak Hill Capital Partners III, closed on $3.8 billion in 2009. Fund III included a $350 million general partner commitment.
Oak Hill was founded in 1986 by managing partner J. Taylor Crandall with primary investor Robert Bass. The firm operates from its New York, Menlo Park, California and Stamford, Connecticut offices.