ONEX Corporation

ONEX Corporation is a Canadian investment management firm that invests and manages capital on behalf of its shareholders and global clients. Founded in 1984 by Gerry Schwartz, the firm is headquartered in Toronto, Canada, and is dedicated to building long-term value through an active ownership approach of acquiring and enhancing businesses.

ONEX operates through two primary segments: Investing and Asset & Wealth Management. Its Investing segment encompasses private equity, private credit, and direct investments, utilizing platforms such as Onex Partners and ONCAP to execute buyouts, growth capital investments, industry consolidations, and operational restructurings. The firm's Credit segment manages capital across various private credit, liquid credit, and public equity strategies, including Collateralized Loan Obligations (CLOs) and private debt. ONEX targets global businesses in North America and Europe, focusing on diverse sectors including industrials, health and wellness, financial services, consumer, and business services & software.

As of November 2022, ONEX Corporation managed approximately CA$47 billion in assets, with some sources indicating around $57.2 billion in total assets under management more recently. Bobby Le Blanc assumed the role of CEO in May 2023, succeeding founder Gerry Schwartz, who remains Chairman. Recent activities include the renewal of its share buyback program in April 2026 and the completion of a $1.6 billion Multi-Asset Continuation Vehicle Transaction in April 2026. The company also completed the acquisition of Convex and a strategic investment by AIG in February 2026.