Oak Hill Capital Management has hired Steven G. Puccinelli as a partner. Previously, Puccinelli was a managing director at Investcorp International. There he served as head of private equity for North America and Europe.
New York, NY, February 2, 2015 – Oak Hill Capital Management today announced that Steven G. Puccinelli has joined the firm as a Partner. Mr. Puccinelli brings over 30 years of investment experience, most recently as a Managing Director at Investcorp International, Inc., a global alternative investment manager, where he served as Head of Private Equity for North America and Europe. Mr. Puccinelli will focus primarily on Oak Hill Capital’s investment activity in the Services sector.
“We are delighted to welcome Steve to the team and to expand our reach in Services, one of our core areas of investment focus and a sector with significant opportunity,” said Tyler Wolfram, a Managing Partner of Oak Hill Capital. “Steve is an outstanding leader with a longstanding and successful track record, who will enhance the firm’s ability to pursue highly-targeted investment opportunities that align with our theme-based origination strategy. We look forward to Steve’s contributions to the firm.”
J. Crandall, a Managing Partner and founder of Oak Hill Capital, added, “We have been committed to investing in human capital throughout the firm’s nearly 30-year history. In addition to his extensive investment experience, Steve has proven himself to be a successful cultivator of talent, among both investment professionals and portfolio company management teams, and his leadership style is a perfect fit with our firm’s culture. We are very pleased to welcome Steve into the Oak Hill Capital partnership.”
Mr. Puccinelli said, “I am excited to join the Oak Hill Capital franchise. This is a remarkable opportunity to work alongside a seasoned and talented team of investment professionals, with a disciplined, theme-based origination strategy and a proven approach to driving value creation. I look forward to tapping into the rich opportunity set that the broad Services landscape offers and contributing to the firm’s longstanding track record of successful private equity investing.”
During his career at Investcorp, Mr. Puccinelli sourced and led several highly successful private equity transactions. Prior to joining Investcorp in 2000, he spent 15 years at Donaldson, Lufkin & Jenrette, Inc. in several positions, most recently as Managing Director and Head of the Retail and Consumer Industry Group. Mr. Puccinelli earned an M.B.A. from Harvard Business School and a B.S. from the University of California, Berkeley.
About Oak Hill Capital Partners
Oak Hill Capital Partners is a private equity firm with more than $8 billion of initial capital commitments from leading entrepreneurs, endowments, foundations, corporations, pension funds, and global financial institutions. Since inception 28 years ago, the professionals at Oak Hill Capital and its predecessors have invested in more than 75 significant private equity transactions across broad segments of the U.S. and global economies. Oak Hill Capital applies an industry-focused, theme-based approach to investing in the following sectors: Consumer, Retail & Distribution; Industrials; Media & Communications; and Services. Oak Hill Capital works actively in partnership with management to implement strategic and operational initiatives to create franchise value.