Oak Hill Capital Partners raised its fourth fund, Oak Hill Capital Partners IV, valued at $2.65 billion. The closing of Fund IV comes during one of best PE fundraising climates ever.
Fund IV received commitments from limited and general partners, along with current and former portfolio company management teams. The fund already invested more than $900 million in five companies including: Print Solutions, FirstLight Fiber, CCC Information Services, and Charter NEX. Oak Hill seeks to invest between $100 million and $300 million across the consumer, retail, industrial and media sectors. Paul Weiss Rifkind Wharton & Garrison LLP represented Oak Hill.