OAK HILL CAPITAL MANAGEMENT

By
PEI Staff
-

SNAPSHOT:
Oak Hill Capital Management is a private equity firm specialising in acquisitions, build-ups, recapitalisations, restructurings, strategic joint ventures and the purchase of minority stakes in a wide range of industries. The group manages $5 billion of debt securities including distressed debt, high yield bonds and loans. It also oversees another $5 billion invested in public and private equity.

It invests in a broad range of industries including financial services, business and consumer services, media, healthcare and manufacturing. It prefers to invest in companies based in the United States and Europe. Oak Hill was founded in 1987 by Robert Bass. The firm is headquartered in New York and has an additional office in Menlo Park, California. The new alternative investment fund of funds division to be headed up by Hayes will be based in a new office in Sacramento, California.

FUND FAMILIES

Size ($m) Date Raised Stage
Oak Hill Capital Partners, L.P.
Oak Hill Capital Partners, L.P. 1600 1999 Final Close
Oak Hill Securities Fund
Oak Hill Securities Fund II, L.P. 1600 1999 Final Close
ICG Oak Hill Securities Fund, L.P. 1750 1996 Fully Invested

OTHER PROFESSIONALS: 21
CURRENT AND PENDING INVESTMENTS: 16
American Skiing, Atlantic Broadband Finance, Aviall Services, Blackboard, Caribbean Restaurants, Financial Engines, Travelcenters of America, WideOpenWest, Duane Reade, Cincinnati Bell, Align Technology, JazzPharmaceuticals, Metrika Laboratories, Exlservice, United Building Materials, IPWireless.

INDUSTRIES OF INTEREST:
Financial services; healthcare; consumer retailing; telecommunication services.

STRATEGIES:
Growth capital; buyout; recapitalisation; industry consolidation; turnaround.

STAGES OF INTEREST:
Middle market.