Old Hill Partners Inc. is an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses. As an SEC-registered investment advisor, we operate at the crossroads of investors seeking attractive risk-adjusted yields and emerging companies seeking capital for expansion, acquisitions or growth.
– John Howe, CEO, Old Hill Partners
Call us at (203) 656 3004, or email firstname.lastname@example.org.
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The Website may contain links to third-party websites ("External Sites"). These links are provided solely as a convenience to you and not as an endorsement by us of the content on such External Sites. The content of such External Sites is developed and provided by others. You should contact the site administrator or webmaster for those External Sites if you have any concerns regarding such links or any content located on such External Sites. We are not responsible for the content of any linked External Sites and do not make any representations regarding the content or accuracy of materials on such External Sites. You should take precautions when downloading files from all websites to protect your computer from viruses and other destructive programs. If you decide to access linked External Sites, you do so at your own risk.
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Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment fund managed by Old Hill or its affiliates. Any such offer or solicitation will be separately made only by means of the Confidential Private Offering Memorandum or prospectus relating to the particular fund to persons who, among other requirements, meet certain qualifications under federal securities laws and generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments. This website is not intended to provide any investment, financial, legal, regulatory, accounting, tax or similar advice, and nothing on this website should be construed as a recommendation by Old Hill or any of its affiliates or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. You should consult with your own investment, legal, tax and/or similar professionals regarding your specific situation and any specific decisions.
This Agreement is governed by the internal substantive laws of the State of Connecticut, without respect to its conflict of laws provisions. You expressly agree to submit to the exclusive personal jurisdiction of the state and federal courts sitting in the State of Connecticut. If any provision of this Agreement is found to be invalid by any court having competent jurisdiction or terminated in accordance with the Termination provision above, the invalidity or termination of such provision shall not affect the validity of the following provisions of this Agreement, which shall remain in full force and effect: "Intellectual Property," "No Warranties/Limitation of Liability," "Indemnification," "Termination of the Agreement," and "Miscellaneous." Our failure to act on or enforce any provision of the Agreement shall not be construed as a waiver of that provision or any other provision in this Agreement. No waiver shall be effective against us unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance. Except as expressly agreed by us and you in writing, this Agreement constitutes the entire Agreement between you and us with respect to the subject matter, and supersedes all previous or contemporaneous agreements, whether written or oral, between the parties with respect to the subject matter. The section headings are provided merely for convenience and shall not be given any legal import. This Agreement will inure to the benefit of our successors, assigns, licensees, and sub licensees.
Old Hill does not disclose or use non-public personal information about our clients, and/or former clients, other than to carry out the purpose for which the information is disclosed, or as permitted by law. Old Hill Partners Inc has adequate procedures to safeguard records and information, consistent with Regulation S-P, and that information will not be disclosed to an unaffiliated third party for any reason, without your prior written consent.
This website is for informational purposes and does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or offer to sell securities or investment advisory services, except where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. Neither we, nor our information providers shall be liable for any errors or inaccuracies, or the lack of timeliness of, or for any delay or interruption in the transmission thereof to the user. While Old Hill is responsible for assuring that the contents of its own website are not misleading or deceptive, there are not otherwise any warranties, expressed or implied, as to the accuracy, completeness, or results obtained for any information posted on this or any linked website.
In 2014 Old Hill Partners was unfortunately subjected to a cyberattack by a debtor who had personally guaranteed a defaulted loan that we assumed in 2009 and on which we were forced to foreclose. Subsequently, this debtor initiated a carefully orchestrated online attack against us as a firm and personally against John Howe, our CEO. This disgruntled debtor constructed fictitious websites and false identities through which he distributed false allegations in an effort to force us to abandon our claim and accept a lower settlement. At last count, this individual constructed more than 720 false and defamatory entries and disseminated them across 100+ websites.
To be crystal clear: All of the claims and allegations posted by this individual about Old Hill Partners and John Howe are false.
As a response, Old Hill has taken a measured, thorough approach. We have:
In our increasingly media and internet-focused world, the most common way to garner any information on any topic is through a simple web search. Prior to the attack, we had little web presence, owing to the fact that the direct lending business inherently relies upon trust among counterparties, which meant that we had worked primarily through reputation and word-of-mouth. The attacker was aware of this fact and exploited it to the fullest, knowing that we utilized our well-earned reputation often to source new transactions and foster business and client relationships.
The Internet's ability to quickly and easily reach massive numbers of people by a simple keystroke exacerbates the impact of such attacks, as does the immortalization of negative content by search engines, which keep the damaging data "electronically alive" and thus continually damages the good name of a person or business.
The attack that has befallen Old Hill Partners is the direct result of us performing our fiduciary duties for our investors. We take our obligations as fiduciaries extremely seriously, and are aggressive in meeting them in every transaction in which we engage. The vast majority of our transactions proceed smoothly and terminate successfully, which is why we have such a high level of repeat relationships. Unfortunately, this was not the case in this particular situation.
There is still content on the web regarding this cyberattack and we are working diligently to remove it, but that is no easy task. Nonetheless, we’re pleased to share that on July 17, 2015, the Massachusetts Attorney General arrested and arraigned the borrower on charges of online intimidation and harassment. According to a Boston Globe article, it is the first use of the state’s criminal harassment statute for conduct that occurred online, according to the Attorney General’s office.
Although the efforts of this one debtor have made headlines for all the wrong reasons, we are relieved to know that the legal process is taking its rightful course in settling this unfortunate series of events.
If you would like further details about this incident and our response to it, we welcome the opportunity to provide documentation and address questions you may have.
Copyright 2016 Old Hill Partners Inc.