Oak Hill Advisors Promotes Four to Partner

Oak Hill Advisors, a private equity firm that specializes in below investment grade credit markets, has named three employees partners of the firm: Alexandra Jung, Adam Kerzner, Jeffrey Kirt, and Thomas Wong. Oak Hill has offices in London; New York; Fort Worth, Tex.; and Sydney, Australia.

PRESS RELEASE:

Oak Hill Advisors, L.P. (“Oak Hill Advisors”) announced today that Alexandra Jung, Adam B. Kertzner, Jeffrey E. Kirt and Thomas S. Wong have been named Partners of the firm. In their new positions, they will join the firm’s existing six Partners in leading the firm and directing its investment activities in distressed and performing credit markets in both the U.S. and Europe.

Glenn R. August, President and founder of Oak Hill Advisors, said, “We are very pleased at the appointment of these four new Partners. Their promotion is a testament to the depth and quality of our team and our commitment to developing talent. Each of the new Partners has a demonstrated track record of success and will continue to be an important asset to the leadership of our firm.”

Brief biographical information for each of the new Partners follows below:

Ms. Jung is Co-Head of European Investments and co-manages the firm’s recently-launched European distressed investment fund. Before joining the firm in 2009, Ms. Jung was at Goldman, Sachs & Co. in the European Special Situations Group and at Greywolf Capital Management, where she was responsible for investments in European performing and distressed credit.

Mr. Kertzner is a member of the North American portfolio management team and has primary responsibility for the firm’s high yield, distressed debt and other trading activities. Prior to joining Oak Hill Advisors’ research team in 2002, Mr. Kertzner worked at Credit Suisse First Boston in the Financial Sponsors Coverage Group.

Mr. Kirt is a senior member of the firm’s distressed investment group with a primary focus on North America. His primary areas of expertise include aerospace, autos, defense, financials and transportation. Before joining the firm in 2002, he worked in the High Yield Capital Markets Group at USBancorp Libra and the Leveraged Finance and High Yield Capital Markets Groups at UBS Securities, LLC.

Mr. Wong is a member of the North American portfolio management team and leads the firm’s telecommunications, media and cable industry research efforts. Prior to joining the firm in 2001, Mr. Wong worked at Deutsche Bank in the Debt Capital Markets Group.

About Oak Hill Advisors

Oak Hill Advisors is a leading independent investment firm specializing in leveraged loans, high yield bonds, distressed securities, structured products and turnaround private equity opportunities. The firm’s investment opportunities are focused in the North American and European markets. With approximately $13 billion of capital, Oak Hill Advisors manages distressed funds, credit hedge funds, customized accounts and other specialty credit funds. Oak Hill Advisors employs a fundamental value-oriented strategy focused on credit analysis, relative value and active risk management that has been in place for two decades. The firm has raised approximately $4 billion of net new capital since January 2008 from a global investor base, including pension funds, sovereign wealth funds, insurance companies, foundations, endowments, fund of funds and family offices. For further information about Oak Hill Advisors, please visit www.oakhilladvisors.com.