Onex Partners Manager LP (Toronto)


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.

Onex Partners Manager: assets under management

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 firm manages $18.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $720.56 million each.
Onex Partners Manager has custody of $10.04 billion in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Onex Partners Manager serves?

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.

Careers at Onex Partners Manager LP

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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gerald Wilfred Schwartz Chairman, president and chief executive officer (onex corporation) 1 May 1992 Other 416275
Onex Partners Manager Gp Ulc General partner of onex partners manager lp 1 Mar 2003 Other foreign entity
Omi Management U.S. Limited Partnership Limited partner of onex partners manager lp 1 Mar 2003 75% - 100% 311678794
Onex Partners Manager Gp Ulc General partner of onex partners manager lp 1 Nov 2003 Other foreign entity
Omi Management U.S. Limited Partnership Limited partner of onex partners manager lp 1 Nov 2003 75% - 100% 311678794
Onex Partners Advisor Gp Inc. General partner of onex partners advisor lp 1 Nov 2003 Other foreign entity
Onex Corporation Limited partner of onex partners advisor lp 1 Nov 2003 75% - 100% foreign entity
Donald William Lewtas Chief financial officer (onex corporation) 1 Jan 2008 Other 6029631
Robert Michael Le Blanc Director (onex partners manager gp ulc) 1 Feb 2008 Other 6029634
Joshua Samuel Hausman Director (onex partners manager gp ulc) 1 Jul 2010 Other 6029636
Andrea Elizabeth Daly General counsel and chief compliance officer (onex partners manager gp ulc); general counsel (onex corporation) 1 Dec 2011 Other 6029632
Onex Partners Uk Limited Member of onex partners advisor uk llp 1 Dec 2012 75% - 100% foreign entity
Christopher A Govan Chief financial officer (onex corporation) 1 Mar 2015 Other 5453981
Yonah Elimelech Feder Chief compliance officer 1 Jul 2018 Other 5166275
Matthew David Ross Director (onex partners manager gp ulc) 1 Mar 2019 Other 7091423

Indirect Owners

The SEC currently registers 30 indirect owners.

Name Entity Date acquired Ownership Employer ID
Onex Corporation Shareholder 1 Oct 1993 75% - 100% foreign entity
Omi Partnership Holdings Ltd. Shareholder 1 Oct 1999 75% - 100% foreign entity
1381280 Ontario Inc. General partner 1 Nov 1999 Other foreign entity
Omi Partnership Holdings Ltd. Limited partner 1 Nov 1999 75% - 100% foreign entity
Omil Holdings Limited Shareholder 1 Feb 2003 50% - 75% foreign entity
Onex Corporation Shareholder 1 Nov 2003 75% - 100% foreign entity
Gerald Wilfred Schwartz Shareholder 1 Dec 2003 75% - 100% 416275
Omi Partnership Holdings Ltd. Limited partner 1 Nov 2006 75% - 100% foreign entity
American Farm Investment Corporation Shareholder 1 Jan 2007 25% - 50% foreign entity
1597257 Ontario Inc. Shareholder 1 Jan 2007 75% - 100% foreign entity
1381280 Ontario Inc. General partner 1 Sep 2007 Other foreign entity
Omi Management U.S. Limited Partnership Shareholder 1 Jan 2008 75% - 100% 311678794
Onex Partners Manager Gp Llc Shareholder 1 Feb 2008 75% - 100% 261855056
Oncan Canadian Holdings Ltd. Shareholder 1 Mar 2009 75% - 100% foreign entity
Gerald Wilfred Schwartz Shareholder 1 Mar 2009 75% - 100% 416275
Onex Corporation Shareholder 1 Jul 2012 75% - 100% foreign entity
1597257 Ontario Inc. Shareholder 1 Nov 2012 75% - 100% foreign entity
Gerald Wilfred Schwartz Shareholder 1 Nov 2012 75% - 100% 416275
Afic Capital Ltd. Shareholder 1 Nov 2012 75% - 100% foreign entity
New Pco Investments Ltd. Shareholder 1 Nov 2012 75% - 100% foreign entity
Afic Sister Inc. Shareholder 1 Nov 2012 75% - 100% foreign entity
Oncan Canadian Holdings Ltd. Shareholder 1 Jan 2013 25% - 50% foreign entity
Gerald Wilfred Schwartz Shareholder 1 Mar 2013 75% - 100% 416275
New Oncan Canadian Holdings Ltd. Shareholder 1 Mar 2013 75% - 100% foreign entity
1597257 Ontario Inc. Shareholder 1 Dec 2013 75% - 100% foreign entity
Afic Sister Inc. Shareholder 1 Mar 2015 75% - 100% foreign entity
Oncan Canadian Holdings Ltd. Shareholder 1 Mar 2016 75% - 100% foreign entity
Afic Capital Ltd. Shareholder 1 Apr 2016 50% - 75% foreign entity
1597257 Ontario Inc. Shareholder 1 Dec 2016 75% - 100% foreign entity
New Pco Ii Investments Ltd. Shareholder 1 Mar 2017 75% - 100% foreign entity

Based in Toronto

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.