This strategy seeks to generate attractive risk-adjusted returns that outperform the ICE BoAML US HY Index through a full credit cycle. We invest primarily in non-investment grade credit with strategies focused on both private and public credit investments. This capital is committed to or invested in Onex’ various platforms. Estimated Regular Distribution (per Unit). By their nature, these forward-looking statements involve certain risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. We seek to generate attractive risk-adjusted returns with some downside protection and current income (vehicle dependent) across the entire CLO capital structure from equity to investment grade notes. TORONTO, Oct 1 (Reuters) - Onex Corp OCX.TO, one of … With a disciplined approach to investing and a focus on capital preservation, Onex Credit has earned investor confidence and grown rapidly. Estimated Special DistributionNo Estimated Special Distributions are currently expected to be paid for the year ending December 31, 2019. Our primary strategies include Leveraged Loans, High Yield Bonds, Opportunistic Credit and Structured Credit. With a robust investment team of 36 investment professionals, including 8 senior portfolio managers, we are able to research and invest in a diverse set of public and private alternative credit investments that provide various income and return options to our investors. Onex Credit Partners has launched a new structured credit offering, Onex Structured Credit Opportunities Fund, four months after hiring structured credit veteran Ronnie Jaber Private Credit is a natural extension of Onex Credit’s business and takes advantage of the firm’s infrastructure, deep relationships and knowledge of the loan market. Onex Credit invests primarily in non-investment grade debt through its collateralized loan obligations, private debt and other credit strategies. At Onex Credit, we believe our sourcing capabilities and collective data intelligence help to better inform our investment decisions and dynamically manage our portfolios in varying market conditions. TORONTO , Jan. 9, 2020 /CNW/ - Onex Credit Partners, LLC (the "Manager") today confirmed the distribution dates of the final net asset value ("Final NAV") per unit of OCP Credit Strategy Fund … © Canada Newswire, source Canada Newswire English. At September 30, 2020, the platform managed approximately $12.3 billion of assets across its various strategies, including $707 million of Onex shareholder capital. How does structured credit fit into my existing portfolio? The actual taxable amounts of all distributions for 2019, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2020. Material factors that could cause the actual distributions to differ from the estimated distributions between now and December 31, 2019 (the Funds' tax year-end) include, without limitation: the actual amounts of distributions received by the Funds; the actual amount of capital gains generated from sales of securities; and any redemption activity in the Funds. Since 1984, Gluskin Sheff has managed portfolios for high net worth private clients as well as select institutional investors, including family offices, foundations, endowments and both public and private pension plans. Summary: Quotes: News: Company : Summary: Most relevant: This strategy seeks to generate attractive returns that outperform the Credit Suisse Leveraged Loan Index. Senior secured loans and other loan investments in private equity sponsor-owned portfolio companies and, selectively, other corporate borrowers. The Fund is governed by the laws of the province of Ontario managed by Onex Credit Partners, LLC (OCP). A diversified long-only strategy, focused primarily on first-lien, senior secured loans employing a prudent leverage. Onex Credit Partners, LLC ("OCP") is pleased to announce that OCP Credit Strategy Fund (the "Fund") (Toronto:OCS-UN.TO) has filed a preliminary short form prospectus in … OCP Senior Credit Fund is a non-redeemable investment fund. Onex Credit Partners, LLC Confirms Distribution of Final NAV for OCP Credit Strategy Fund In addition, Onex Credit enjoys the benefit of being part of a well-capitalized sponsor. He also focuses on the Firm’s par and long-only loan fund strategies. OCP CREDIT STRATEGY FUND: Onex Credit Partners, LLC Announces Final Valuation for OCP Credit Strategy Fund: AQ. Watch Ronnie Jaber, Portfolio Manager and Head of Structured Credit, discuss three vital questions on investors’ minds in the Structured Credit market today. ], the majority of Onex’ private equity investments are made through these two platforms. Forward-looking InformationThis press release contains forward-looking statements with respect to the estimated Regular and Special Distributions for the Funds. Please note that these are estimated amounts only as of November 30, 2019 and include certain forward-looking information which may cause the estimated distributions to change before the Funds' tax year-end on December 31, 2019. Onex Credit has access to vast industry expertise among Onex’ private equity professionals as well as Gluskin Sheff’s investment grade credit and public equity investment professionals, and enjoys a sharing of knowledge and experience among the three investment teams. In 2003, the first Onex Partners fund was raised. The High Yield Credit Strategy is focused primarily on investing in bonds that are rated below investment grade. Onex Credit Partners, LLC is pleased to announce that OCP Credit Strategy Fund (the "Fund") has completed an initial public offering of 20,000,000 units at … Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support “We’re proud to have an enviable group of sophisticated investors supporting our team and our strategy. Additional information regarding redemption payment will be provided separately. What is different about this credit cycle and how can an opportunistic structured credit strategy succeed in this environment? Prior to joining Onex, New was a senior managing director of Blackstone Group and co-head of distressed and special situation investing for GSO Capital Partners, where he … Redirecting to ONEX Corporation Corporate Site. This strategy is unconstrained by ratings, asset class or liquidity as it pursues attractive risk-adjusted returns. About OCP Credit Strategy Fund OCP Credit Strategy Fund is an investment fund incorporated in Canada. Onex and the team are well-aligned as significant investors in all of our strategies. The final distribution amounts will be confirmed and announced shortly after the year-end and prior to payment, once each Fund's year-end tax position is finalized. TORONTO, Sept. 21, 2020 /CNW/ - Further to the September 14, 2020 press release, Onex Credit Partners, LLC (the "Manager" or "Onex Credit") of OCP Senior Credit Fund (the "Fund… It practices value-oriented investing, employing a bottom-up, fundamental and structural analysis of the underlying borrowers. TORONTO, Sept. 21, 2020 /CNW/ - Further to the September 14, 2020 press release, Onex Credit Partners, LLC (the "Manager" or "Onex Credit") of OCP Senior Credit Fund (the "Fund"), has moved the termination date of the Fund to October 9, 2020 or as soon as practicable after such date in accordance with the declaration of trust governing the Fund. All amounts in U.S. dollars unless otherwise statedTORONTO, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced … /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 31, 2019 /CNW/ - Further to its announcement on November 1, 2019, Onex Credit Partners, LLC (the "Manager") announces that OCP Credit Strategy Fund (the "Fund") is terminated effective December 31, 2019.The units of the Fund were delisted … OCP Credit Strategy Fund Toronto: 647.260.4055 Toll Free: 1.877.260.4055 www.ocpcreditstrategy.com Onex Credit Partners, LLC IR@onexcredit.com 201.541.2121 Onex Credit Partners is a hedge fund company based in Englewood Cliffs, NJ. Target investment opportunities are CLOs, CBOs and related structured transactions. New will also be responsible for new strategies in opportunistic credit and special situations. Onex launched its CLO platform in 2012 and has issued 24 CLOs as of October 31, 2020, of which three have been substantially realized. Most relevant news about OCP CREDIT STRATEGY FUND: 2019: OCP CREDIT STRATEGY FUND: Onex Credit Partners, LLC Announces Final Valuation f..: AQ OCP Credit Strategy Fund is a Canada-based investment fund. Paul is a Portfolio Manager, heads the CLO business across the firm and member of the Investment Committee of Onex Credit. We practice value-oriented investing, employing a rigorous bottom-up, fundamental and structural analysis of the underlying borrowers, coupled with active portfolio management to continually seek to optimize portfolio positioning. The platform offers various strategies, with the largest being Collateralized Loan Obligations. Collateralized Loan Obligations (“CLOs”) are leveraged structured vehicles that hold a widely diversified asset portfolio funded through the issuance of long-term debt in a series of rated tranches of secured notes and equity. * OCP Credit Strategy Fund offering set at C$10 per unit * OCP Fund to invest in senior debt . Have we missed the market opportunity in credit? Our Platform Onex invests and manages capital on behalf of shareholders, institutional investors and high net worth clients from around the world. With the resources of a large institution and an integrated platform, we believe our investment strategies benefit from robust sourcing options and an analytical edge. The Investor Relations website contains information about ONEX Corporation's business for stockholders, potential investors, and financial analysts. All rights reserved. By Michelle D'souza. By offering a variety of strategies in various credit asset classes, we believe we are able to capitalize on synergies across both the Onex credit and private equity platforms. Friday, September 04, 2020. We seek to employ an active “drive-the-outcome” approach, rather than a passive value investing approach, while being focused on downside protection, upside optionality and an identifiable path to deliver value. A flexible “all-weather” mandate that can tactically shift between secondary trading opportunities and private/originated transactions depending upon the market backdrop. Our strategies target investments in leveraged loans, senior secured and unsecured high-yield bonds and structured credit investments (CLO’s) that offer a broad risk/return profile for our investor base. Across the firm, we offer our investors a variety of strategies that invest in diversified portfolios of credits throughout an issuer’s capital structure to meet their specific return objectives. 3:28 AM EST on Dec 21, 2020 Looking forward, Onex' run rate annual management fees are $294 million; $183 million from private equity, $59 million from Gluskin's public equity and debt strategies and $52 million for Onex credit. As of September 30, 2020, our team had more than $1.5 billion invested in Onex shares, Onex’ private equity investments, Onex Credit strategies and Gluskin Sheff products. 5. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The strategy aims to preserve capital by avoiding credit defaults and dampen volatility by dynamic positioning in response to market conditions. Onex Credit Partners, LLC is pleased to announce that the syndicate of agents for the initial public offering of OCP Credit Strategy Fund (the "Fund… TORONTO, Nov. 1, 2019 /CNW/ - OCP Credit Strategy Fund (TSX: OCS.UN) (the " Fund ") announced today that Onex Credit Partners, LLC (the " Manager "), the manager of the Fund… A diversified long-only, unlevered strategy, focused on first-lien, senior secured loans. This method allows us to meet the diverse needs of institutional and high net worth investors and to tailor investing strategies to such needs. We bring broad fundamental levered credit analysis in US & Europe, in-depth distressed credit capabilities, and strong structured credit analytics and sourcing capabilities to our Structured Credit investing. TORONTO, Nov. 1, 2019 /CNW/ - OCP Credit Strategy Fund (TSX: OCS.UN) (the "Fund") announced today that Onex Credit Partners, LLC (the "Manager"), the manager of the Fund… The Fund seeks to maximize total returns and to preserve capital. Gluskin Sheff is Onex’ exclusive wealth management platform and one of Canada’s pre-eminent wealth management firms. Accordingly, OCP Credit Strategy Fund is a reporting issuer or the equivalent in each province of Canada. Onex Credit has a successful 19-year track record executing a disciplined approach to credit investing with a focus on capital preservation and strong risk adjusted returns through credit cycles. TORONTO, Dec. 18, 2019 /CNW/ - Onex Credit Partners, LLC announces the following estimated regular distributions ("Estimated Regular Distributions") and estimated special distribution (if any) ("Estimated Special Distribution") for the year ending December 31, 2019. Credit Suisse Securities (USA) LLC acted as placement agent for the fund. They operate 19 private funds and have approximately $7.74 billion in total assets under management (AUM). We believe our integrated global credit platform is well positioned to invest in Structured Credit. TORONTO, Jan. 9, 2020 /CNW/ - Onex Credit Partners, LLC (the "Manager") today confirmed the distribution dates of the final net asset value ("Final NAV") per unit of OCP Credit Strategy Fund … The units of OCP Credit Strategy Fund are listed and posted for trading on the Toronto Stock Exchange (the TSX). ©ONEX Corporation, 2020. You can view more information on Onex Credit Partners including private fund info, contact info, top management and executives, website, email addresses, and more below: “This is a terrific outcome,” said Emma Thompson, Onex’ Managing Director – Investor Relations. 2019: OCP CREDIT STRATEGY FUND: Funds Announces Estimated Quarterly Distributions: AQ. We invest primarily in non-investment grade credit with strategies focused on both private and public credit … Toronto-based investment manager Onex has hired Jason New as co-chief executive of Onex Credit, alongside Stuart Kovensky. 2019: OCP CREDIT STRATEGY FUND: to Return its Capital to its Investors: AQ. Onex Credit Partners, LLC Announces Final Valuation for OCP Credit Strategy Fund /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/. Today [when? In 2007, Onex invested in a credit manager, which later became Onex Credit. Onex prepares structured credit fund after making big CLO hire. Our credit platform benefits from a deep and seasoned team with experience investing across multiple market cycles and economic environments. 1 OCP Credit Strategy Fund will be terminating as of December 31, 2019. 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