Onex Corporation Makes Waves in Financial Sector

In a move that’s sending ripples through the financial community, Onex Corporation, a Toronto-based powerhouse, has made two significant announcements that are generating a lot of buzz. The company has declared a cash dividend, offering investors a tantalizing yield of 0.44% on an annualized basis. This move is a clear indication of Onex’s commitment to sharing its success with its stakeholders.

But that’s not all - Onex’s mid-market private equity platform, ONCAP, has achieved a major milestone with the final close of its latest fund, ONCAP V. With a whopping $1.3 billion in total commitments, this fund is a testament to Onex’s ability to attract top-tier investors and deliver strong risk-adjusted returns. And the best part? The fund is already 40% deployed, demonstrating the company’s impressive track record of putting capital to work quickly and effectively.

The successful fundraise is a clear vote of confidence in Onex’s potential for growth and its ability to deliver on its promises. With this latest development, Onex is solidifying its position as a leader in the financial sector, and investors are taking notice. As the company continues to push the boundaries of what’s possible, one thing is clear: Onex is a force to be reckoned with.

Key Highlights:

• Onex Corporation declares cash dividend with estimated yield of 0.44% on an annualized basis
• ONCAP, Onex’s mid-market private equity platform, achieves final close of ONCAP V fund with $1.3 billion in total commitments
• Fund is already 40% deployed, demonstrating Onex’s ability to put capital to work quickly and effectively
• Successful fundraise is a testament to Onex’s potential for growth and its ability to deliver strong risk-adjusted returns to investors