Onex starts raising fifth private equity fund, targets $6.5 bln
Onex Corp has set a US$6.5 billion target for its fifth flagship fund, which would be the largest in the private equity firm’s 33-year history. In its report of first-quarter 2017 results, the Toronto investor said it recently launched fundraising for Onex Partners V. Onex, a listed firm, plans to commit about US$2 billion. Closing on US$6.5 billion would give the fund about 14 percent more in committed capital than its predecessor, which collected US$5.7 billion in 2014.
18 May 2017•2 mins read
