Onex is a private equity firm established in 1984, based in Toronto, Canada. The firm through Onex Partners and ONCAP private equity funds acquires business partnership with management teams. Onex invests its capital together with capital from investors from around the world, including public and private pension funds, sovereign wealth funds, banks, insurance companies and family offices. Onex Credit, the credit arm of the company invests primarily in non-investment grade debt through its collateralized loan obligations, private debt fund, and other credit strategies. The firm's investments include leveraged loans, collateralized loan obligations and senior secured and unsecured high-yield bonds.