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Investor Information / Summary of Current Businesses text size [+][]
Summary of Current Businesses
  Companies

Onex' &
Limited
Partners'
Economic
Ownership

Onex
Owns
Onex
Votes
Electronics Manufacturing Services Celestica Inc. (TSX/NYSE: CLS), a global provider of electronics manufacturing services.
Onex shares held: 17.9 million(1)
10%(1) 10%(1) 75%
Healthcare Imaging Carestream Health, Inc., a global provider of medical and dental imaging and healthcare information technology solutions.
Total Onex, Onex Partners II and Onex management investment at original cost: $471 million
Onex Portion at cost: $186 million
Onex Partners II portion subject to a carried interest: $266 million 
91%
33%(1)
100%
Health and Human Services Res-Care, Inc., a leading U.S. provider of residential, training, educational and support services for people with disabilities and special needs.
Total Onex, Onex Partners I, Onex Partners III and Onex management investment at original cost: $204 million
Onex portion: $41 million
Onex Partners I portion subject to a carried interest: $61 million
Onex Partners III portion subject to a carried interest: $94 million
98% 20% 100%
Customer Care Services SITEL Worldwide Corporation, a global provider of outsourced customer care services.
Onex investment at original cost: $320 million
86%(2) 86%(2) 89%(2)
Building Products JELD-WEN Holding, inc., one of the world’s largest manufacturers of interior and exterior doors, windows and related products for use primarily in the residential and light commercial new construction and remodelling markets.
Total Onex, Onex Partners III, certain limited partners, Onex management and others investment at original cost: $985 million
Onex portion at cost: $244 million
Onex Partners III portion subject to a carried interest: $609 million
81%(3) 20%(3) 81%(3)
Insurance Services USI Insurance Services, a leading U.S. provider of insurance brokerage services.
Total Onex, Onex Partners III, certain limited partners, Onex management and others investment at original cost: $610 million
Onex Portion at cost: $170 million
Onex Partners III portion subject to a carried interest: $358 million

York Risk Services Group, inc., an integrated provider of insurance solution to property, casualty and workers' compensation specialty markets in the United States.
Total Onex, Onex Partners III, certain limited partners, Onex management and others investment at original cost: $521 million
Onex Portion at cost: $173 million
Onex Partners III portion subject to a carried interest: $279 million
89% 








88%
25% 








29%
100% 








100%






   
Credit Strategies Onex Credit Strategies, a platform that is comprised of:

Onex Credit Manager, specializes in managing credit-related investments, including event-driven, long/short and market dislocation strategies.

Onex Credit Collaterized Loan Obligations
, leveraged structured vehicles that hold a widely diversified collateral asset portfolio that is funded through the issuance of long-term debt in a series of rated tranches of secured lotes and equity.
Total Onex Investment in collaterized loan obligations and the warehouse facility for Onex Credit CLO-8 at market: $237 million

Onex Credit Funds
, investment funds providing unit holders with exposure to the performance of actively managed, diversified portfolios.
Total Onex Investment in Onex Credit Funds at market: $475 million
Includes $346 million in a segregated Onex Credit unleveraged senior secured loan portfolio.
70%(4) 70%(4) 50%(4)
Other Businesses
Aerospace Automation, Tooling and Components


Aircraft  Leasing & Management
Advanced Integration Technology, a leading provider of automotion and tooling, maintenance services and aircraft components to the aerospace industry.

Aicraft Leasing & Management
, a global platform dedicated to leasing and managing commercial jet aircraft.  The platform is comprised of:
BBAM Limited Partnership(5), one of the world's leading managers of commercial jet aircraft.
Total Onex, Onex Partners III and Onex management investment at original cost: $185 million
Onex Portion: $47 million
Onex Partners III portion subject to a carried interest: $130 million

Included with the investment in BBAM Limited Partnership is an  investment of $20 million made concurrently in FLY Leasing Limited (NYSE:FLY) by the Onex Partners III group, of which Onex' share was $5 million.
40%




50%
9%




13%  
50%(5)



50%(5)
Meridian Aviation Partners Limited and affiliates, an aircraft investment company established by the Onex Partners III Group.
Total Onex, Onex Partners III and Onex management investment at original cost: $77 million
Onex portion: $19 million
Onex Partners III portion subject to a carried interest: $54 million
100% 25% 100%
Business Services/Tradeshows Emerald Expositions, LLC., a leading operator of business-to-business tradeshows in the United States.
Total Onex, Onex Partners III and Onex management investment at original cost: $490 million
Onex portion: $119 million
Onex Partners III portion subject to a carried interest: $345 million
99% 24% 99%
Plastics Processing Equipment KraussMaffei Group GmbH, a leading manufacturer of plastic and rubber processing equipment.
Total Onex, Onex Partners III and Onex management investment at original cost: $366 million(6)
Onex Portion: $92 million(6)
Onex Partners III portion subject to a carried interest: $257 million(6)
96% 24% 100%
Business Services / Packaging SGS International, Inc., a global leader in design-to-print graphic services to the consumer products packaging industry.
Total Onex, Onex Partners III and Onex management investment at original cost: $260 million
Onex Portion: $66 million
Onex Partners III portion subject to a carried interest: $183 million
93% 23% 93%
Gaming Tropicana Las Vegas, Inc., a casino resort with 1,467 rooms, situated on 35 acres and located directly on the Las Vegas strip.
Total Onex, Onex Partners III and Onex management investment at original cost: $319 million
Onex portion: $70 million
Onex Partners III portion subject to a carried interest: $225 million
82% 18% 82%
Mid-Market Opportunities ONCAP, private equity funds focused on acquiring and building the value of mid-market companies based in North America (website: www.oncap.com).
   
ONCAP II actively manages investments in EnGlobe, CiCi's Pizza, Pinnacle Renewable Energy Group and PURE Canadian Gaming. Total ONCAP II, Onex, Onex management and ONCAP management unrealized investment at original cost:
$264 million (C$271 million)
Onex portion: $122 million (C$126 million)
ONCAP II portion: $117 million (C$121 million)
100%  46%(7) 100%
ONCAP III actively manages investments in Hopkins, PURE Canadian Gaming, Davis-Standard, Bradshaw and Mavis Discount Tire.
Total ONCAP III, Onex, Onex management and ONCAP management unrealized investment at original cost: $355 million (C$369 million)
Onex portion: $104 million (C$108million)
ONCAP III portion: $217million (C$225 million)
100% 29% 100%
Real Estate Flushing Town Center, a three million-square-foot development located on approximately 14 acres in Flushing, New York.
Onex' remaining investment in Flushing Town Center at cost: $260 million
88% 88% 100%

(1) Excludes shares held in connection with the Management Investment Plan.
(2) The economic ownership interests of Sitel Worldwide are presented based on preferred shareholdings.
(3) The economic ownership and voting interests on JELD-WEN are presented on an as-converted basis as the Onex Partners III Group investment is in convertible preferred shares.
(4) This represents Onex’ share of the Onex Credit asset management platform at December 31, 2014.  In January 2015, Onex acquired control of the Onex Credit asset management platform.
(5) Onex has certain contractual rights and protections, including the right to appoint members to the board of directors, in respect of this entity, which is accounted for at fair value in Onex' unaudited interim consolidated financial statements.
(6) The investments in KraussMaffei were made in euros and converted to U.S. dollars using the prevailing exchange rate on the date of the investments.

(7) This represents Onex' blended economic ownership in the ONCAP II investments.