Directory / Onex Corporation
Onex Corporation
Toronto-based private equity firm investing across industrials, services, and healthcare.
Key facts
- Website
- onex.com
- Founded
- 1984
- Country
- Canada
- Rating
- No reviews yet
About Onex Corporation
Onex Corporation is a Toronto-based investment manager founded in 1984 by Gerry Schwartz, with approximately $51.1 billion in assets under management across private equity, credit, and real estate. Its private equity platforms include Onex Partners, focused on upper middle-market buyouts in North America and Europe, and ONCAP, which targets middle-market businesses with $5-50 million in EBITDA through minority or control investments of $20-200 million.
Key features
- ~CAD $47 billion in assets under management
- Public company listed on TSX since 1987
- Private equity and credit investment strategies
- Acquired WestJet for CAD $5.0 billion (2019)
- Co-acquired Allison Transmission with Carlyle Group
Pros & cons
Pros
- Long operating history since 1984
- Diversified across private equity and credit
- Publicly traded, providing capital markets access
Cons
- Smaller AUM than global mega-cap peers
- Historically concentrated in Canada/North America
- Public listing subjects it to market volatility
Reviews
No reviews yet. Be the first to share your experience with Onex Corporation.
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