Onex Corporation (TSX: ONEX) held a first close in mid July for its fifth fund, Onex Partners V, securing US $5.187 billion from 59 limited partners (LPs), including US $2.0 billion from Onex. (all $ in US dollar)
The target of Onex Partners V is $6.5 billion. Credit Suisse Securities (USA) LLC acts as placement agent for the fund.
Onex Partners IV, a 2013-vintage fund, closed at $5.7 billion in May 2014.
As of July 31, 2017, Onex has $5.6 billion of uncalled committed capital available from limited partners, in addition to $2.0 billion of cash and near-cash.
photo credit: Onex
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
Latest posts by Ted Liu (see all)
- Suncor Energy invests additional $50M in Enerkem - October 15, 2019
- Google CapitalG backed Applied Systems acquires Policy Works - October 15, 2019
- Voilà! secures $3M first round of financing - October 10, 2019