January is promotion time at Onex Corp., and this year Canada’s biggest buyout firm has named two new managing directors.
That’s a significant increase in the senior team at Onex, where managing directors now number just eight dealmakers. There are also four senior managing directors. And of course, there is chief executive officer Gerald Schwartz, who founded the firm. That senior team of just more than a dozen oversees buyout funds with billions of dollars in capital.