Onex Partners V raises lion’s share of $6.5 bln target in first close

Onex Corp, Gerry Schwartz, Canada, private equity
Photo of Onex Corp CEO Gerry Schwartz courtesy of the firm.
  • Initial close at 80% of target on Onex Partners V
  • Fund positioned to be the firm’s biggest
  • Fund V would be 14 pct larger than 2014 predecessor
Onex Corp held an initial close on fundraising for its fifth flagship private equity fund, securing 80 percent of the $6.5 billion target. In its second-quarter report Onex said it raised $5.2 billion for Onex Partners V in July. Included in the amount ...

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