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Onex Corp T.ONEX

Alternate Symbol(s):  ONEXF

Onex Corporation, together with its subsidiaries, manages and invests capital in its private equity funds, private credit strategies and liquid strategies on behalf of shareholders, institutional investors, and high net worth clients. The Company operates in two segments: Investing and Asset management. Investing segment and Asset management. Investing segment engaged in the activity of investing Onex’ capital. Asset management segment comprises the asset management activities provided by Company to support its private equity and credit strategies, as well as its corporate functions. Its two primary businesses are Private Equity and Credit. In Private Equity, it raises funds from third-party investors, or limited partners, and invests them, along with its own investing capital, through the funds of its private equity platforms, Onex Partners and ONCAP. In Credit, it raises and invests capital across several private credit, public credit, and public equity strategies.


TSX:ONEX - Post by User

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Post by Betteryear2on Jul 26, 2021 6:57pm
171 Views
Post# 33608285

Onex Partially Realizes Investment in Ryan Specialty Group

Onex Partially Realizes Investment in Ryan Specialty Group

All amounts in U.S. dollars unless otherwise stated

TORONTO, July 26, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced it has partially realized its investment in Ryan Specialty Group, LLC (“Ryan Specialty” or the “company”), a leading international specialty insurance organization, through the initial public offering (“IPO”) of the company’s parent, Ryan Specialty Group Holdings, Inc. (“Ryan Specialty Holdings”). Ryan Specialty Holdings’ shares of Class A common stock began trading on the New York Stock Exchange on July 22, 2021, under the symbol “RYAN.” The initial market capitalization of Ryan Specialty Holdings at the offering price of $23.50 per share was approximately $6 billion (inclusive of the value of Ryan Specialty’s equity).

https://www.globenewswire.com/news-release/2021/07/26/2268993/0/en/Onex-Partially-Realizes-its-Investment-in-Ryan-Specialty-Group.html

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