Grow Onex’ Capital per Share by 15% per Year
The performance of our private equity portfolio has been, and will continue to be, the primary driver of Onex’ net asset value growth. Over more than 30 years we have generated a 28% gross IRR on our realized, substantially realized and publicly traded investments. Today, approximately 59% of Onex’ capital is invested in private equity, 9% is invested in sub-investment grade credit and the balance is held in cash and other investments.
We believe we can double our net asset value per share over five years because of our experience, our investing culture and our consistent approach to value creation.
Grow fee-generating assets by 10% per year
As the result of our successful track record, we have attracted fund investors from around the world who entrust us to invest their capital alongside ours. Today, Onex manages approximately $19 billion of fee-generating capital.
As we reach our goals over the long term, we believe Onex’ shares will reflect both the growth in our net asset value and the profitability of managing investments for our fund investors.
|NAV per Share (US$)||12%||23%||6%||1%||48%||10%|
|Fee Generating AUM (US$)||10%||36%||13%||10%||7%||19%|
|ONEX Share Price (C$)||26%||37%||18%||26%||8%||20%|
|S&P TSX Composite (C$)||4%||10%||7%||(11%)||18%||5%|
|ONEX Share Price (US$)||29%||28%||8%||5%||11%||14%|
|S&P 500 (US$)||13%||30%||11%||(1%)||10%||12%|
Note: 5-Year CAGR reflects Q3 2012 to Q3 2017.