Founded in 1984, Onex is one of the oldest and most successful private equity firms.
Through Onex Partners and ONCAP private equity funds, we acquire and build high-quality businesses in partnership with talented management teams. Through Onex Credit, we invest in non-investment grade debt through credit funds and collateralized loan obligations.
Onex invests its capital together with capital from investors from around the world, including public and private pension funds, sovereign wealth funds, banks, insurance companies and family offices. The management of fund investors' capital provides Onex with expanded scale and leverages our talents. Onex earns management fees on approximately $16 billion of assets under management and has the opportunity to share in the profits of its investors through carried interest and incentive fee participation. This provides Onex enhanced returns from its investment activities. We do not raise pools of capital in which we are not an investor.
Today, we have approximately $24 billion of assets under management, including $6 billion of Onex' capital.