| Type | Private Ownership |
|---|---|
| Industry | Private Equity |
| Founded | 1986 |
| Founder(s) | Robert Bass |
| Headquarters | Stamford, Connecticut, United States |
| Products | Private equity funds, Leveraged buyouts |
| Total assets | $4.1 billion |
| Employees | 50+ |
| Website | www.oakhillcapital.com |
Oak Hill Capital Partners is a private equity firm headquartered in New York, New York with more than $7 billion of committed capital from leading 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. The transaction is expected to close in the second quarter.
Contents |
Robert Bass, who was and 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.[1]
Over a period of nearly twenty years, Oak Hill Capital has invested in more than fifty significant private equity transactions, including:
The company owns 9 television stations formerly owned by The New York Times Company. Those stations, which are operated under a holding company known as Local TV, are as follows:
| DMA Rank | Market | Station ... Channel (DT) | Network |
| 42. | Norfolk | WTKR-TV 3 (40) | CBS |
| 44. | Memphis | WREG 3 (28) | CBS |
| 46. | Oklahoma City | KFOR 4 (27) | NBC |
| KAUT 43 (40) | MyNetworkTV | ||
| 53. | Scranton / Wilkes-Barre | WNEP 16 (49) | ABC |
| 73. | Des Moines | WHO 13 (19) | NBC |
| 84. | Huntsville/Decatur | WHNT 19 (59) | CBS |
| 96. | Moline / Rock Island / Davenport | WQAD 8 (38) | ABC |
| 102. | Fort Smith / Fayetteville | KFSM 5 (18) | CBS |
Oak Hill also recently acquired the following eight Fox network affiliates from News Corporation for $1.1 billion, a deal announced December 22, 2007 and completed on July 14, 2008:[2][3]:
| DMA Rank | City of License/Market | Station ... Channel (DT) | Owned by News Corporation Since |
| 17. | Cleveland - Akron | WJW-TV 8 (31) | 1997 |
| 18. | Denver | KDVR 31 (32) | 1993 |
| 21. | St. Louis | KTVI 2 (43) | 1997 |
| 31. | Kansas City, Missouri | WDAF-TV 4 (34) | 1997 |
| 34. | Milwaukee | WITI-TV 6 (33) | 1997 |
| 35. | Salt Lake City | KSTU 13 (28) | 1990 |
| 40. | Birmingham - Tuscaloosa, AL | WBRC-TV 6 (50) | 1995 |
| 46. | High Point - Greensboro - Winston-Salem, N.C. |
WGHP 8 (35) | 1995 |
|
|||||||||||||||||