Oncap postpones launch of small-cap fund amid executive departure

Oncap, Onex, Evan Hershberg, private equity
The Toronto skyline. Photo courtesy of Orchidpoet/iStock/Getty Images
  • Why is this important: Oncap requires LP permission for certain Fund IV efforts
  • Onex mid-market PE platform postpones launch of a small-cap platform
  • Oncap exec is leaving for Leonard Green: Buyouts
Oncap, Onex’s middle-market private equity platform, postponed the launch of a small-cap platform called Oncap Growth after the senior executive focused on the effort decided to leave the firm, according to a note to investors seen by Buyouts. “In light ...

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