Onex related stories
All articles and analysis
Onex partners with former Eddie Bauer CEOFormer CEO of Eddie Bauer Neil Fiske will help Onex source and oversee investments in the retail sector. He is the third executive to strike an exclusive partnership with Onex since 2008.
- GS Capital, Onex in $3.3bn Raytheon spinout
The two private equity firms will acquire Raytheon Aircraft, which makes small planes and midsized corporate jets.
- Onex to open London office
The firm has hired managing director Tony Morgan (pictured) from CPPIB to help identify ‘great opportunities in the European market’, according to Onex CEO Gerald Schwartz.
- ONCAP’s Thompson moves to Penfund
Jeremy Thompson has joined Penfund as a partner roughly two months after the mid-market firm raised C$460m for its fourth fund, nearly twice the size of its previous vehicle.
- Onex closes third mid-market fund on C$800m
The Toronto-based mid-market firm has made one acquisition from the fund, acquiring Kansas-based automotive product-maker Hopkins Manufacturing Corporation.
- Canadian buyouts reach highest level since 2008
Private equity deal flow surged 40% in Q2 2011 compared to the same period last year, while fundraising in the first half of the year more than quadrupled compared to the first half of 2010.
- CPPIB's private equity portfolio soars 40%
Year end results show the Canada Pension Plan’s private equity portfolio increased in value from C$16.1bn to C$22.7bn, helping the pension’s total assets reach a record C$148.2bn.
- Onex in 10x healthcare exit
The firm has agreed to sell Emergency Medical Services Corporation (EMSC) to Clayton Dubilier & Rice for $3.2bn. Upon closing of the transaction, EMSC will no longer be traded on the New York Stock Exchange.
- New Jersey considers big secondaries offering
The state’s $70bn pension is considering selling a big chunk of its private equity portfolio to pare down relationships and potentially 'kick-start' the programme that has been mostly inactive for two years.
- Oncap in 5.8x education exit
The Toronto-based mid-market firm has made the first exit from its second fund with the $155m sale of CSI Global Education to Moody’s.