Why Oak Hill Capital: Interviews, Careers, & Portfolio

Oak Hill Capital Overview

Founded in 1986, Oak Hill Capital is a New York based private equity firm with capital commitments coming from pension funds, corporations, foundations, endowments, entrepreneurs, and global financial institutions.

Oak Hill Capital employs a theme-based investment approach which incorporates segment fundamentals, long-term trend analysis, and their own unique experiences.

The firm typically invests in consumer, media & communications, industrials, and services sectors.

Robert Bass, who was an early investor in LBO back in the 1980s and also employed Jim Coulter and David Bonderman (founders of Texas Pacific Group), is the lead investor in Oak Hill Capital Partners.

Oak Hill Capital AUM

According to the most recent regulatory filings, Oak Hill Capital has $13.1 BB in assets under management as of March 31, 2023.

Oak Hill Capital Interview Process & Questions

Despite the changes in the interview changes for each candidate, the general nature of the process stays the same for the most part. In fact, you can anticipate the following:

• Interview rounds: 4-6
• Initial interviews are supervised by junior professionals, while later rounds are handled by more senior folks
• Unless it’s on-campus or on-cycle recruiting, expect that the entire process will last for multiple weeks

Get ready to answer a mixture of behavioral questions, technical questions, and fit questions when you interview at Oak Hill Capital.

To help you with preparation, I’ve created a Growth Equity Interview Guide. Feel free to check it out.

Why Oak Hill Capital

One of the questions you must prepare for is the “Why this firm” question.

If you’ve met employees at the firm during your networking efforts, make sure to mention them and how their experiences and testimonies helped in choosing their firm.

Also, do your homework and research the firm.

One of the best ways to know more about a firm and better prepare for this interview question is to take a minute to listen to the firm’s key individuals such as its Founders, CEO, Director and the likes in their own words.

For this, I highly suggest listening to interviews of people who work there. This will help you figure out how the firm talks about itself in its own words.

Oak Hill Capital Case Study

Communication skills and technical knowledge are two traits that investment firms highly value. To evaluate these, firms like Oak Hill Capital ask candidates to perform case studies.

Most case studies will have you do financial modeling and investment recommendations. But for junior roles, a cold calling case study may also be part of the process.

Check out my course if you need more help regarding case studies.

Oak Hill Capital Salary & Compensation

According to Glassdoor, analysts at Oak Hill Capital have earned salaries of $112,822 per year, while associates have annual salaries of $150,098. Actual figures may vary depending on several factors.

Analyst

Associate

Oak Hill Capital Careers, Jobs, & Internships

View open roles at Oak Hill Capital inside our job board where we also feature all open roles for similar firms.

Oak Hill Capital Portfolio & Investments

As per Crunchbase, Oak Hill Capital has made 13 investments and manages five funds. Some of their notable deals include Mercer Advisors, Race, and GoNetspeed.

Notable Transaction: Checkers Drive-In Restaurants

Checkers Drive-In Restaurants is an iconic drive-thru restaurant chain which is known for its famous fries, people-first attitude, and craveable food. They operate and franchise both Rally’s® and Checkers® restaurants. With over 800 restaurants, Checkers & Rally’s are both proven brands which are still aggressively expanding across the country.

In January 2021, Checkers Drive-In Restaurants received $20 million capital injection from Oak Hill Capital Partners. The capital injection enables Checkers Drive-In Restaurants to accelerate their five-year growth plan.

According to Peter Armstron, Principal of Oak Hill Capital, Checkers demonstrated a strong performance despite the challenges brought by the events in 2020. The company itself and franchised restaurants were also able to hit high single digit same-store-sales (SSS) gains in 2020 and the momentum continued into 2021.

Next Steps

If you decide to send your application and build your investing career at Oak Hill Capital, I would highly recommend that you check out my Growth Equity Interview Guide first before attending interviews.

Growth Equity Interview Guide helps professionals get a good grasp of topics that are typically covered during interviews such as financial modeling, case studies, and more. Check it out and start learning today!