Oak Hill Advisors, L.P. (New York)


Oak Hill Advisors, L.P. is a large advisory firm based in New York. It manages $36.98 billion of regulatory assets for 111 client accounts. It has been registered with the SEC as an adviser since 2004.

Oak Hill Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and capital markets advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Oak Hill Advisors: assets under management

The assets under management (AUM) of Oak Hill Advisors, L.P. is $36.98 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 776% since the beginning of its operation, and $30.62 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $36.98 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $333.14 million each.
Oak Hill Advisors has custody of $469.24 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 52% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Oak Hill Advisors, L.P. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients William Hartwig Bohnsack serves?

The firm provides services to pooled investment vehicles, business development companies, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of William Hartwig Bohnsack is pooled investment vehicles with 56 clients and $25.04 billion of assets under management. Among the 8 most similar advisory firms, Oak Hill Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $33.49 billion for 83 clients. 77% of the firm’s clients are foreign persons or businesses.

Oak Hill Advisors also advises several private funds. Namely, twenty four hedge funds, five private equity funds, and twenty two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Oak Hill Advisors, L.P.

The company employs 300 people that are either part- or full-time employees. 28 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

William Hartwig Bohnsack has been acting as President since 1 Jan 2001. Adam Bradley Kertzner joined the executive team most recently as the Portfolio Manager/Senior Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Glenn Russell August Founder/chief executive officer 1 Aug 1999 Other 2049363
Inc. Oak Hill Advisors Mgp Managing general partner 1 Aug 1999 50% - 75% 13-4077192
Inc. Whb General partner 1 Aug 1999 Other 13-4081253
Inc. Krase General partner 1 Aug 1999 Other 13-4081265
John R. Monsky Chief legal officer 1 Aug 1999 Other 4770658
William Hartwig Bohnsack President/senior partner 1 Jan 2001 Other 2950785
Scott David Krase Portfolio manager/ partner/vice chairman, europe 1 Jan 2001 Other 2293650
Robert Bruce Okun Chief investment officer and senior partner 1 Mar 2001 Other 1389094
Carl Lawrence Wernicke Managing director/partner 1 Jan 2002 Other 2944412
Raymond Patrick Murphy Compliance officer 1 Jan 2004 Other 1991583
Inc. Rbo Limited partner 1 Nov 2004 Other 37-1498603
Inc. Csw Limited partner 1 Nov 2004 Other 51-0526692
L.P. Oak Hill Advisors Genpar General partner 1 Apr 2005 50% - 75% 27-0120003
Istar Alpha Trs Inc. Limited partner 1 Apr 2005 25% - 50% 20-2321388
Oak Hill Advisors (Uk Services) Limited Partner of oak hill advisors (europe) llp and oha (uk) llp 1 Jun 2005 75% - 100% 98-0475981
Richard Peter Munn Chief operating officer/partner of oak hill advisors (europe), llp and oha (uk) llp 1 Jun 2005 Other 6049766
Raymond Patrick Murphy Chief accounting officer 1 Feb 2007 Other 1991583
Gregory Scott Rubin General counsel/chief compliance officer 1 Feb 2007 Other 2944020
Alexandra Ahrens Jung Partner of oak hill advisors, l.p., oak hill advisors (europe), llp, and oha (uk) llp and co-head of european investments 1 Dec 2009 Other 4008208
Alexandra A. Jung Partner of oak hill advisors (uk services) limited 1 Dec 2009 Other 4008208
Alan Marc Schrager Portfolio manager/partner 1 Jan 2010 Other 2627453
Llc General Atlantic Oha Limited partner 1 Oct 2011 25% - 50% 45-2988558
Thomas Shun On Wong Portfolio manager/partner 1 Jan 2012 Other 4076966
Adam Bradley Kertzner Portfolio manager/partner 1 Jan 2012 Other 4249002
Jeffrey Emil Kirt Managing director/partner 1 Jan 2012 Other 2930549
Robert Douglas Henderson Partner of oak hill advisors, l.p., oak hill advisors (europe), llp, and oha (uk) llp and co-head of european investments 1 Apr 2012 Other 2245945
Frederic Watts Thomas Managing director/partner 1 Jan 2013 Other 3062878
Michael Wes Blumstein Chief financial officer 1 Apr 2013 Other 1388719
Goran Vid Puljic Co-head of corporate structured products & partner 1 Jan 2014 Other 1541221
Jason Thomas Serrano Head of mortgage strategies & partner 1 Jan 2014 Other 6315200
Thulusalamatom Krishnamurthi Narayan Co-head of corporate structured products & partner 1 Jan 2014 Other 4958241
Colin James Blackmore Managing director and general counsel, europe (legal and compliance) 1 Jun 2015 Other 6631613
Scott David Krase Senior advisor 1 Jan 2016 Other 2293650
Jonathan Nmn Askew Chief financial officer - europe 1 Mar 2016 Other 6631619
Kahyeong Nmn Lee Managing director/chief compliance officer/associate general counsel 1 Jan 2017 Other 5220133
Wsi Otter (H) Llc Limited partner 1 Feb 2018 25% - 50% 45-2988558
Wsi Oha (H) Llc Limited partner 1 Feb 2018 25% - 50% 45-2988558
Adam Bradley Kertzner Portfolio manager/senior partner 1 Jan 2019 Other 4249002

Indirect Owners

The SEC currently registers 19 indirect owners.

Name Entity Date acquired Ownership Employer ID
William Hartwig Bohnsack President/shareholder 1 Aug 1999 75% - 100% 2950785
Scott David Krase President/shareholder 1 Aug 1999 75% - 100% 2293650
Robert Bruce Okun President/shareholder 1 Sep 2004 75% - 100% 1389094
Carl Lawrence Wernicke President/shareholder 1 Sep 2004 75% - 100% 2944412
Inc. Oak Hill Advisors Mgp Managing general partner 1 Apr 2005 25% - 50% 13-4077192
Inc. Whb General partner 1 Apr 2005 Other 13-4081253
Inc. Istar Financial Shareholder 1 Apr 2005 75% - 100% 95-6881527
Inc. Krase General partner 1 Apr 2005 Other 13-4081265
Inc. Oak Hill Advisors Co-managing general partner 1 Apr 2005 Other 13-3902105
L.P. Oak Hill Advisors Shareholder 1 Jun 2005 75% - 100% 13-4077194
Inc. Rbo General partner 1 Oct 2011 Other 37-1498603
Llc General Atlantic Oha Interholdco Sole member 1 Oct 2011 75% - 100% 45-2988368
L.P. General Atlantic Partners 90 Member 1 Oct 2011 75% - 100% 45-2988140
L.P. Oha Genpar Principal Investors Limited partner 1 Apr 2012 25% - 50% 35-2455298
Wsi Oha (S) Llc Sole member 1 Feb 2018 75% - 100% 82-3713912
Wsi Oha Llc Sole member 1 Feb 2018 75% - 100% 82-3659385
Wsi Ii Master Fund Lp Sole member 1 Feb 2018 75% - 100% foreign entity
Wafra Strategic Investors Ii Ltd. Sole limited partner 1 Feb 2018 75% - 100% foreign entity
The Public Institution For Social Security Of Kuwait Shareholder 1 Feb 2018 75% - 100% foreign entity

Based in New York

The principal office where Oak Hill Advisors, L.P. performs its advisory services is located at 1114 Avenue Of The Americas, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-326-1500 or by fax 212-735-5287. The normal business hours are 9:00am-6:00pm on Monday - Friday. You can find more information about the New York firm at oakhilladvisors.com.