Oak Hill Capital Names Mark Pacala as Senior Advisor

News provided by

Mar 16, 2010, 09:00 ET

NEW YORK, March 16 /PRNewswire/ -- Oak Hill Capital Partners announced today that it has named Mark Pacala as a Senior Advisor to the firm. Mr. Pacala will consult with companies in Oak Hill Capital's private equity portfolio and provide expertise regarding the firm's healthcare investments. He has over 25 years of operating and investment experience, predominantly in various healthcare businesses, as both a chief executive officer and private equity investor.

"We are delighted to welcome Mark to the Oak Hill Capital team. Mark has a unique combination of operating and investing experiences in the healthcare arena. As a former CEO, entrepreneur and investor, Mark has executed turnarounds, launched and led successful businesses, and made and monetized investments across the healthcare sector. We believe the extensive experience and unique skill set he brings to Oak Hill Capital will prove invaluable to our existing and future healthcare portfolio companies. We look forward to benefiting from his operating expertise, strategic perspectives and broad industry relationships," said Charles Patton, a Partner at Oak Hill Capital.

Mr. Pacala commented, "Oak Hill Capital has a well-known franchise and a strong track record of successful private equity investing for over 20 years. I am particularly attracted to the firm's disciplined, thematic approach to investing, and I look forward to working closely with the healthcare team at Oak Hill Capital and its portfolio companies to help enhance operational execution and identify attractive new investment opportunities across the healthcare industry."

Mr. Pacala served as Chairman and CEO of American WholeHealth, Inc., an early stage healthcare services company he founded, and the Forum Group, a $200 million revenue healthcare company where he led the company's successful turnaround before selling the company to Marriot Corporation. Most recently, Mr. Pacala spent eight years as a general partner at Essex Woodlands Health Ventures, a leading healthcare private equity and venture capital firm. While at Essex Woodlands, Mr. Pacala led investments in medical device, healthcare service and healthcare information technology businesses. He currently serves as a director of Millennium Pharmacy Systems, United Orthopedic Group and Touchstone Health Partnership.

About Oak Hill Capital Partners

Oak Hill Capital Partners is a private equity firm with more than $8.4 billion of committed capital from leading entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions. Robert M. Bass is the lead investor. Over a period of more than 24 years, the professionals at Oak Hill Capital Partners and its predecessors have invested in more than 60 significant private equity transactions. Oak Hill Capital Partners is one of several Oak Hill partnerships, each of which has a dedicated and independent management team. These Oak Hill partnerships comprise over $28 billion of investment capital across multiple asset classes. For more information about Oak Hill Capital Partners, please visit www.oakhillcapital.com.