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Onex Reports Third Quarter 2026 Results
Convex and credit gains helped lift fee-related earnings as Onex repurchased more than 800,000 shares and grew investing capital to US$9.6 billion.
- On Friday, Onex Corporation reported a third-quarter profit of US$97 million, nearly 2.5 times higher than the US$39 million earned in the same quarter last year.
- Total assets under management reached approximately $56.5 billion, with approximately $9.6 billion in investing capital as of September 30, 2026, positioning the Toronto-based private equity firm for continued growth.
- Since its acquisition in February 2026, Convex has seen valuation increase by $323 million, or 8%, driven by growth in premiums written and earned across the specialty insurance business.
- Onex Partners recently closed VI vehicles with more than $2 billion in capital commitments, while the credit division generated $20 million in fee-related earnings from raising or extending $3.5 billion of CLOs.
- The Board of Directors declared a fourth-quarter dividend of C$0.10 per subordinate voting share, payable January 31, 2027, to shareholders of record on January 8, 2027, following more than 800,000 share repurchases.
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12 Articles
12 Articles
Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center3Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 33%
11%
Factuality
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