13F-HR 1 oha4q07.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Oak Hill Advisors, L.P. Address: 1114 Avenue of the Americas 27th Floor New York, NY 10036 13F File Number: 28-12211 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gregory S. Rubin Title: Asst. General Counsel and Chief Compliance Officer Phone: 212-326-1578 Signature, Place, and Date of Signing: /s/ Gregore S. Rubin New York, NY/USA February 14, 2008 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 18 Form13F Information Table Value Total: $103,652 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AT&T INC COM 00206R102 10390 250000 SH SOLE 250000 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 7350 300000 SH SOLE 300000 0 0 CARE INVESTMENT TRUST INC COM 141657106 1686 157000 SH SOLE 157000 0 0 CBS CORP NEW CL B 124857202 8012 294036 SH SOLE 294036 0 0 CITIGROUP INC COM 172967101 3533 120000 SH SOLE 120000 0 0 COMCAST CORP NEW CL A 20030N101 3652 200000 SH SOLE 200000 0 0 CSX CORP COM 126408103 2199 50000 SH SOLE 50000 0 0 EATON VANCE FLTING RATE INC COM 278279104 1362 87279 SH SOLE 98900 0 0 EATON VANCE SR FLTNG RTE TR COM 27828Q105 1533 98900 SH SOLE 87279 0 0 EXCO RESOURCES INC COM 269279402 1161 75000 SH SOLE 75000 0 0 LEVEL 3 COMMUNICATIONS INC COM 52729N100 4560 1500000 SH SOLE 1500000 0 0 NORFOLK SOUTHERN CORP COM 655844108 2018 40000 SH SOLE 40000 0 0 R H DONNELLEY CORP COM NEW 74955W307 8208 225000 SH SOLE 225000 0 0 RSC HOLDINGS INC COM 74972L102 21809 1737765 SH OTHER 0 1737765 0 SCOTTISH RE GROUP LIMITED SHS G73537410 2175 3000000 SH OTHER 0 3000000 0 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 3135 150010 SH SOLE 150010 0 0 VERIZON COMMUNICATIONS COM 92343V104 18007 412155 SH SOLE 412155 0 0 WILLIAMS COS INC DEL COM 969457100 2862 80000 SH SOLE 80000 0 0