ADVISORY BUSINESS
Onex Partners Manager LP (“OP Manager”) is an investment adviser with its principal place of business in
Toronto, Ontario, with offices in New York, NY and London, UK. OP Manager is registered under the
Advisers Act and together with certain affiliates, serve as managers or general partners to certain private
equity funds sponsored by Onex Corporation. OP Manager and its affiliates managing those funds
(collectively with OP Manager, the “Manager”) are under common control and are subject to OP Manager’s
code of ethics and compliance program adopted pursuant to the requirements of the Advisers Act. In this
brochure, Onex Corporation and the Manager are collectively referred to as “Onex” and the funds described
in the previous sentence are referred to as the “Onex Partners Funds”.
Onex Corporation, a public company based in Canada, has been acquiring and building businesses as a
private equity investor since its inception in 1984. Starting in 1999, Onex Corporation began to develop a
broader asset management business with the sponsorship of a series of private equity funds, the
establishment of a credit-oriented investment business, and the making of a number of real estate
investments. Onex Corporation is listed on the Toronto Stock Exchange, and Gerald W. Schwartz, its
founder, Chairman and Chief Executive Officer, is the company’s controlling shareholder. Onex
Corporation, indirectly through certain subsidiaries, is the only owner of more than 25% of OP Manager.
The Manager serves as investment manager of and provides administrative services to the Onex Partners
Funds, to the special purpose vehicles established to implement
certain of their investments, and to certain
co-investment vehicles established in connection with and invested alongside the Onex Partners Funds
(collectively, the “Funds”), all based on the investment objectives, policies and restrictions contained in the
confidential offering memorandum and the limited partnership agreement or similar constitutional
documents of each Fund as well as any side letters or similar agreements entered into between certain Fund
investors and the applicable Funds (collectively, “Governing Agreements”). Onex Corporation is, directly
or indirectly, the largest investor in each of the Onex Partners Funds and from time to time also co-invests
in their transactions. Additionally, Onex investment professionals and other executives typically invest in
or alongside the Onex Partners Funds. Other qualified individuals who are not employees of Onex, but who
have pre-existing business relationships with Onex or industry expertise in the sector in which a Fund may
be investing, may also invest in or alongside the Funds.
The Manager’s services include investigating, analyzing, structuring and negotiating and committing to
potential operating company investments (“Operating Company Investments”) on behalf of the Funds,
managing and monitoring the performance of those operating companies (each, an “Operating Company”)
and advising the Funds as to disposition opportunities.
As of December 31, 2022, the Manager had approximately $19,054,000,000 in assets under management.
All assets are managed on a discretionary basis.
Persons reviewing this Form ADV Part 2A should not construe this as an offering of any of the Onex
Partners Funds described herein.