Oak Hill Capital

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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]

Contents

[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

[edit] Notes

  1. ^ [1][2]

[edit] External links