Onex sets new targets, modest expectations for coming years in slow market for private equity
New targets announced after conceding it will fall short of prior marks set back in 2021
Source: theglobeandmail.com
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New targets announced after conceding it will fall short of prior marks set back in 2021
Onex targeted $8 billion for the sixth version of its flagship fund but had generated just $2 billion as of February, including $1.5 billion of its own money.
Onex will restructure to reduce expenses after halting fundraising for a fund, saying it’s too difficult to raise money right now. Read on.