Onex CEO: Planning to Start a New Credit Unit

The transcript discusses Onyx's success in various sectors, focusing on its asset management and credit business growth. It highlights the company's shareholder-focused strategies, including unique incentive plans. Onyx's long-term investment performance is emphasized, along with its efforts to maintain a strong team and enhance diversity. The company's global presence, particularly in the US, and the challenges of finding large investment opportunities in Canada are also covered.

What is the primary focus of Onyx's asset management business?

• Real estate

• Credit

• Technology

• Retail

What unique feature does Onyx offer to its shareholders?

• Guaranteed returns

• Free financial advice

• Exclusive investment opportunities

• No operating costs for shareholders

How does Onyx ensure alignment of interests between employees and shareholders?

• Flexible working hours

• Annual salary increases

• Mandatory reinvestment of bonuses

• Offering free shares

What is a key factor in Onyx's team stability?

• Remote work options

• Frequent team-building events

• High salaries

• Long tenure of senior staff

What diversity initiative is Onyx focusing on?

• Recruiting from a wider range of universities

• Increasing remote work opportunities

• Hiring more international employees

• Offering language training

Why does Onyx have more transactions with US companies than Canadian ones?

• More large investment opportunities in the US

• Better tax incentives in the US

• Higher demand for private equity in the US

• Stronger US economy

What is a challenge Onyx faces in the Canadian market?

• Regulatory hurdles

• High competition

• Lack of skilled workforce

• Limited large investment opportunities