Onex starts raising Fund V, targets $6.5 bln

Onex Corp, Canada, private equity
Onex Chairman, President and Chief Executive Officer Gerald Schwartz speaks at their annual general meeting for shareholders in Toronto, May 6, 2010. REUTERS/Mark Blinch (CANADA - Tags: BUSINESS) - RTR2DJSC
  • Toronto firm targets $6.5 bln for Fund V
  • Onex itself will commit about $2 bln
  • Fund at target would be 14 pct larger than previous
Onex Corp has set a $6.5 billion target for its fifth flagship fund, which would be the largest in the private equity firm’s 33-year history. In its report of first-quarter 2017 results, the Toronto investor said it recently launched fundraising ...
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