Oak Hill Advisors London

Hello dear friends,

Any thoughts on OHA? I’m interested in their multi-strategy credit team.

What is the culture? Comps? How are the people? What is the difference vs a King Street or Taconic? Are they not investing in the whole cap structure?

Any insights are helpful.

Thanks

 

Thanks alot! What is the day to day like for Associate? Currently at an opportunistic credit fund doing private hairer/storied sponsor and non sponsored originations after spending 2 years in IB.
 

Is the role in the multi strat group at Oak Hill more research driven… i.e. Associates are assigned an industry and are responsible to cover bank loans and HY debt trading below par and to eventually exit at par? How similar/different is it from sell side ER role?

 

They are recruiting now for their private investments team. Anyone has any inside of the kind of special sits they cover? And also the comp for Aso?

One shop to avoid. Heard bad things but people are smart. 

 
Most Helpful

There’s 2 of them…

Anyway, you won’t interact much with them (quite hierarchical) so point is kinda redundant. The split of nice people vs pricks leans more towards the prick side, although the juniors are good guys and smart.

There’s definitely better shops to shoot for, both on the liquid and illiquid side - not sure what this private investment team is, pretty sure you cover public and private there (this was the case last I checked). Again, info is old but comp was below market at as1 last I heard - not sure how this changes as one progresses. No clue on carry/coinvest/leverage.

 

From the above, I think no need to waste time on this shop unless you are desperate. 
 

A few years back, I had a friend who worked there, he left to go into more special sits / illiquids role. Did not rate or recommend the shop - no autonomy, flexibility, hierarchy, sweatshop vibes etc. 

 

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