Oak Hill Capital Management, LLC | |
Type: | Private |
Founder: | Robert Bass |
Location: | 65 East 55th Street New York City, United States |
Industry: | Private Equity |
Products: | Private equity funds, Leveraged buyouts |
Assets: | $10.4 billion |
Num Employees: | 50+ |
Oak Hill Capital Partners is a private equity firm headquartered in New York City, with more than $19 billion of committed capital from entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions. Robert Bass is the lead investor.
Oak Hill Capital is one of several Oak Hill partnerships, each of which has an independent management team. These Oak Hill partnerships comprise over $18 billion of investment capital across multiple asset classes, including private equity, special situations, high yield and bank debt, venture capital, real estate and a public equity exchange fund.
On April 20, 2010 the company announced acquisition of Denver-based data center company ViaWest Inc. for an undisclosed amount.
In 2017 the company sold Wave Broadband for more than $2.3 billion.[1]
Robert Bass, who was an early investor in leveraged buyouts in the 1980s and employed David Bonderman and Jim Coulter the founders of Texas Pacific Group, is the lead investor in Oak Hill Capital Partners.
The company has garnered widespread media attention due to its addition of investors Bill Gates and Nike founder Phil Knight.[2]
Other investors include the Country of Singapore and Stanford University.[3]
Over a period of nearly twenty years, Oak Hill Capital has invested in more than fifty significant private equity transactions, including:
In May 2011, Oak Hill Capital Partners acquired Intermedia, a business communications SaaS company bootstrapped and majority-owned by David Choupak and his wife Anastasia Koroleva, for an undisclosed amount.[4]
In October 2014, Oak Hill Capital Partners acquired Berlin Packaging for a fee of $1.43 billion from Investcorp.[5]
In January 2018, Oak Hill Capital Partners acquired Safe Fleet from The Sterling Group.[6] No value of the deal was mentioned.
On June 15, 2018, Oak Hill Capital Partners acquired a majority stake in VetCor Group Holdings Corp. Terms of the transaction were not disclosed.[7] [8]