Profile

Oak Hill Capital is a thematic, middle-market private equity firm focused primarily on investing in resilient, defensive growth-oriented businesses in North America. The firm takes a systematic approach to identifying and building enduring franchises aligned with high conviction themes in (i) digital infrastructure; (ii) financial services; and (iii) essential services. Headquartered in New York City, with offices in Menlo Park and Stamford, over its ~40-year history, Oak Hill has invested in over 115 companies and has raised over $25 billion of initial capital commitments and co-investments since inception.

For more information, please visit www.oakhill.com.

Awards

2025 Top Private Equity Firms

2024 Top Private Equity Firms

2023 Top Private Equity Firms

2022 Top Growth Equity Firms, Top Private Equity Firms

Features

Excellence in Middle Market Investing: Oak Hill Capital’s Tyler Wolfram

GrowthCap’s RJ Lumba spoke with Tyler Wolfram on June 11, 2025. Tyler is a Managing Partner at Oak Hill Capital and has been with the firm since 2001. He became Managing Partner in 2012 and previously was a Managing Director at J.H.

Key People

Scott A. Baker, Managing Partner

Scott A. Baker (Managing Partner) joined Oak Hill in 2002 and has 26 years of industry experience. Mr. Baker is responsible for originating, structuring, and managing investments for the Firm’s Digital Infrastructure group. Prior to joining Oak Hill, he was a member of the mergers and acquisitions group at Lazard Frères & Co. Mr. Baker earned a B.S. degree, with distinction, from Stanford University, where he was elected to Phi Beta Kappa, and an M.S. degree in Management Science and Engineering from Stanford University, where he was named the Outstanding Graduate.

Steven G. Puccinelli, Managing Partner

Steven G. Puccinelli (Managing Partner) joined Oak Hill in 2015 and has 44 years of industry experience. Mr. Puccinelli was promoted to Managing Partner in 2019. Mr. Puccinelli is responsible for originating, structuring, and managing investments for the Firm’s Business Services group. Prior to joining Oak Hill, he was Head of Private Equity for North America and Europe at Investcorp International, Inc. Prior to that, he spent 15 years at Donaldson, Lufkin & Jenrette, Inc. (“DLJ”) in several positions, most recently as Managing Director and Head of the Retail and Consumer Industry Group. Mr. Puccinelli earned a B.S. degree from the University of California, Berkeley and an M.B.A. degree from Harvard Business School.

Tyler J. Wolfram, Managing Partner

Tyler J. Wolfram (Managing Partner) joined Oak Hill in 2001 and has 38 years of industry experience. Mr. Wolfram was promoted to Managing Partner in 2012. Prior to joining Oak Hill, he was a Managing Director at J.H. Whitney & Co., LLC and a Managing Director at Cornerstone Equity Investors, LLC. Prior to that, he was a Vice President in the high-yield group at Donaldson, Lufkin & Jenrette, Inc. Mr. Wolfram earned an A.B. degree from Brown University and an M.B.A. degree from The Wharton School of the University of Pennsylvania.

Funds Raised

From 1986 to 1998, the firm conducted its investment activities as the family office of Robert Bass.

In 1999, the firm raised its first outside capital and formed OHCP I, a $1.6 billion private equity fund. In 2004, the firm formed OHCP II, a $2.5 billion private equity fund, and in 2007, the firm formed OHCP III, a $3.8 billion private equity fund. In 2016, the firm formed OHCP IV, a ~$2.7 billion private equity fund. In 2019, the firm formed OHCP V, a ~$3.8 billion private equity fund. In 2022, the firm formed OHCP VI, a ~$3.5 billion private equity fund. In 2024, the Firm formed Oak Hill Digital Opportunities Fund (“OHDOP”), a $1.3 billion digital infrastructure overage private equity fund.  In 2025, the Firm launched its seventh flagship fund, OHCP VII.

Capital Responsibility

Since its founding, Oak Hill has prioritized responsible investments. The culture of the firm has always been to “do the right thing,” and it has walked away from investments that contribute to negative environmental and social impacts, such as investments in firearms, gambling, and payday loans.

Oak Hill’s formal Responsible Investment program was established over ten years ago. Since then, Oak Hill created a Responsible Investment Committee, hired a Responsible Investment Officer, and built an extensive partnership with Environmental Defense Fund.

Oak Hill adopted a Responsible Investment Policy in 2013 and was an early middle-market private equity firm in North America to become a signatory to the UNPRI in 2014. Even further, from 2016-2018, Oak Hill held one of 12 seats on the UNPRI’s Private Equity Advisory Committee and was one of only three fund sponsors to hold such during that time.

Oak Hill’s Responsible Investment efforts extend down to the firm’s portfolio companies. Oak Hill actively works with portfolio company management to monitor and improve performance. Depending on the portfolio company, the firm may assist with initiatives related to a wide variety of Responsible Investment issues including employee engagement, health and safety, environmental performance, corporate governance, supply chain, and more. Management teams have embraced and championed this work, often collaborating with Oak Hill to bring innovative and effective approaches to Responsible issues. In addition, in the fall of 2021, Oak Hill made a requirement that all majority investments report on Responsible Investing in each quarterly board packet.