Oak Hill Capital
From Wikipedia, the free encyclopedia
Oak Hill Capital is a private equity firm headquartered in Stamford, Connecticut with more than $4.1 billion of committed capital from leading entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions. Robert Bass is the lead investor.
Over a period of nearly twenty years, Oak Hill Capital has invested in more than fifty significant private equity transactions, including Ariel, Genpact, The Container Store, Butler Animal Health Supply, EXLService, Progressive Moulded Products, TravelCenters of America, WideOpenWest, Blackboard, American Savings Bank (Washington Mutual), Bell & Howell (Proquest), Oreck Corporation, Vertex Data Science, eGain and Wometco Cable Corporation. 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.[1]
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[edit] Recent history
The company has garnered widespread media attention due to its addition of investors Bill Gates and Nike founder Phil Knight.
[edit] Entertainment
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 is also slated to buy the following Fox network affiliates from News Corporation for $1.1 billion, a deal announced December 22, 2007 [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 |

