ONEX Partners Insights
Onex Partners in Toronto is it still bad in terms of WLB and pay? Latest info and insights would be highly appreciated - Pay / Hours / Experience / Performance
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Onex literally cannot raise its next fund.
Any idea of the comp culture and such?
I'm going to guess pretty crappy on all fronts if they can't raise their next fund...
Pretty crazy, haven't worked in Canada for a number of years but they were absolute top dogs when I was around. What's happened? Was it seniors exiting to Altus and taking their fundraising capabilities? Is ONCAP still doing really well?
Their track record has taken a hit, look at Gluskin Sheff and WestJet. They did no succession planning and the future of the firm is in question as well, which led to a lot of talented juniors leaving over the past few years. I don’t think ONCAP is doing well either
Appreciated. Not that they'd ever consider riff-raff like me (was an MBA associate at RBC) but I remember looking at what their VP pay was and was like 'huh, that's basically the same as large bank pays in the US and that's like 10x easier to get into and also less sweaty - think I'm going to go to the US' and then proceeded to do so. I'm sure ONEX partners back in the day made a lot more on top of cash comp from carry but I feel slightly vindicated that that at my level, it probably wouldn't have worked out and so feel better about my decision.
Lots of succession / fundraising issues
Any idea of comp culture and such?
What do we think about their acquisition of Gluskin Sheff?
Bump
Would avoid
Altas Partners seems to be the only top sponsor left in Toronto. Can anyone see Onex making a recovery?
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