Publicly listed Canadian firm Onex revealed plans for its next two funds during a conference call following its third quarter earnings report. The firm is preparing to raise Onex Partners III, a C$4.5 billion ($4.7 billion, €3.2 billion) fund expected to hold a first close in August 2008. Onex will contribute C$1 billion to the fund.
Onex unveils two new funds, targets credit(2)
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
