PE Firm · Capital Allocator

Onex

Medium
Toronto, Canada · Founded 1984 · AUM CA$ 47 billion · Website
Private EquityBuyout Asia-PacificCreditWealth ManagementDebt StrategiesAerospaceHealthcare hardwareIndustrialsTransportationWealth ManagementRetailEntertainment venuesNorth AmericaEurope
Last verified
7/7/2026

Firm Overview

1
Portfolio tracked
7
Sectors
2
Regions
7/7/2026
Last verified

Onex Corporation is a major Canadian investment management firm that specializes in private equity, credit, and wealth management strategies.

Founded in 1984 by Gerry Schwartz, Onex Corporation is one of Canada's oldest and most prominent private equity firms. The company went public on the Toronto Stock Exchange in 1987 and has since expanded its operations to include a wide range of investment vehicles including private equity funds, credit strategies, and wealth management through its acquisition of Gluskin Sheff.

The firm is known for managing significant capital on behalf of institutional investors and high-net-worth individuals. Throughout its history, Onex has engaged in large-scale acquisitions across diverse industries, such as its $5 billion purchase of WestJet and various industrial and healthcare carve-outs. Despite facing challenges like the COVID-19 pandemic, which caused a temporary net loss in 2020, the firm continues to be a major player in the global private equity landscape under the leadership of CEO Bobby Le Blanc.

Founded1984
HeadquartersToronto, Canada
AUMCA$ 47 billion
Target investmentCA$ 5.0 billion (large-cap)
Employees536+
StrategiesPrivate Equity, Buyout Asia-Pacific, Credit, Wealth Management, Debt Strategies
Sector focusAerospace, Healthcare hardware, Industrials, Transportation, Wealth Management, Retail, Entertainment venues
Geographic focusNorth America, Europe

Leadership

Gerry Schwartz
Founder and Director
Founder of Onex who served as CEO until 2022 and remains a corporate director.
Bobby Le Blanc
CEO
Became CEO in May 2022 after previously serving in leadership roles within the firm.

Notable Investments

WestJetAllison TransmissionTomkins plcGluskin SheffCarestream HealthSMG (now ASM Global)Save-A-LotHawker Beechcraft

Historical and current deals referenced in public sources.

Portfolio Companies

CompanySectorStatusWebsite
ConvexSpecialty insurer and reinsurerCurrent

Source: https://www.onex.com/portfolio

Sources

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Onex and does not provide investment advice.

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