Onex Partners Manager LP is a large advisory firm based in Toronto. It manages $18.01 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2012.
Onex Partners Manager provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Onex Partners Manager LP is $18.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 80% since the beginning of its operation, and $13.53 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Onex Partners Manager LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Onex Partners Manager is pooled investment vehicles with 25 clients and $18.01 billion of assets under management. Among the 7 most similar advisory firms, Onex Partners Manager has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $18.01 billion for 25 clients. 44% of the firm’s clients are foreign persons or businesses.
Onex Partners Manager also advises several private funds. Namely, twenty five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.
The company employs 144 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Onex Partners Manager LP performs its advisory services is located at 161 Bay Street, Toronto, M5 J 2 S1, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 416-362-7711. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at onex.com and its LinkedIn profile.