Onex Corporation

About

More than 30 Years of Successful Investing
Founded in 1984, Onex is one of the oldest and most successful private equity firms. Through its Onex Partners and ONCAP private equity funds, Onex acquires and builds high-quality businesses in partnership with talented management teams. At Onex Credit, Onex manages and invests in leveraged loans, collateralized loan obligations ("CLOs") and other credit securities. The Company has approximately $22.6 billion of assets under management, including $6.0 billion of Onex' capital. Onex is guided by an ownership culture focused on achieving strong absolute growth, with an emphasis on capital preservation.

We have built more than 85 operating businesses, completing about 525 acquisitions with a total value of approximately $61 billion. In private equity, Onex has generated a gross multiple of capital invested of 2.7 times since inception, resulting in a 28 percent gross IRR on realized, substantially realized and publicly traded investments. Our credit business has grown considerably since 2007, driven primarily by the success of our CLO platform. With an experienced management team, significant financial resources and no debt at the parent company, Onex is well-positioned to continue building our businesses.

Source: Onex Corporation

Strategy

Strategy:

Onex has more than 30 years of successful investing and pursues an active ownership style that has generated a 28% gross IRR on realized, substantially realized and publicly traded private equity investments. That outstanding record of value creation is a direct reflection of the investment philosophy that drives our team of approximately 85 investment professionals:

• We are disciplined investors, with extensive expertise in cost reductions and operational restructurings, platforms for add-on acquisitions and carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations.

• We are active owners, with a focus on competitive excellence and financial performance.

Beginning with the establishment of ONCAP L.P. in 1999, Onex evolved its business model from direct investment to that of co-investor through private equity, real estate and credit funds that we manage.

Source: Onex Corporation


  • Industry Focus
    Diversified
  • Year Founded
    1984
  • Address
    161 Bay St, Toronto, ON M5J 2S1
  • Key Personnel
    Gerald Schwartz, Chairman and CEO
    Ewout Heersink, Senior Managing Director
    Robert Le Blanc, Senior Managing Director