Onex Partners
Coverage of Onex Partners in the Nexus archive.
- KKR shared profits from a big sale with employees. Here's what they're doing with the windfall.
KKR paid nearly 400 ISC employees substantial payouts following the sale of Integrated Specialty Coverages to Onex Partners. These payments, which ranged up to over $413,000, are part of a broader KKR initiative designed to share private equity profits and promote employee ownership across its portfolio companies. Employees stated that the windfall was life-changing, allowing them to fund vacations and down payments.
- Onex Seeks $1 Billion to Hang Onto OneDigital Stake For Longer
Onex Partners aims to raise $1 billion to extend its minority ownership of OneDigital. The investment is part of a growing trend of private asset firms entering the secondaries market. Onex Partners' move will help it maintain its stake in the insurance brokerage and employer adviser.