Onex surpasses target for Onex Partners V, raises $7.15 bln
Onex Corp has closed fundraising for its fifth private equity flagship fund, bringing in US$7.15 billion in committed capital. Onex Partners V, the largest fund raised by the Toronto investor in its 33-year history, exceeded its US$6.5 billion target by 10 percent. It is also 25 percent larger than Onex Partners IV, which raised US$5.7 billion in 2014. Fund V secured commitments from both new and existing limited partners, including pension plans, sovereign wealth funds, and other institutional investors, as well as a US$2 billion commitment from Onex. With the fund’s close, the firm now has more than US$30 billion in assets under management.
16 November 2017•1 min read
