Onex increases size of recently closed Fund IV to $5.66 bln
Canadian private equity firm Onex Corp has increased its capital commitment to its fourth partnership, Onex Partners IV, to US$1.7 billion from US$1.2 billion. As a result, the fund now totals US$5.66 billion, with Onex as its largest investor. Last May, Onex closed Fund IV at US$5.15 billion, 14 percent more than its original target of US$4.5 billion. In November, the fund announced its premiere investment: Advanced Integration Technology Inc (AIT), a U.S. provider of automation and tooling, maintenance services, and aircraft components to the aerospace industry.
3 December 2014•2 mins read
