All amounts in US dollars unless otherwise stated
TORONTO, June 9, 2021 (GLOBE NEWSWIRE) – Onex Corporation (“Onex”) (TSX: ONEX) today announced the appointment of Judy Cotte as Director of ESG for Onex. In this new position, Ms. Cotte will lead Onex’s ESG efforts, with a focus on improving Onex’s investment processes across all of its platforms, partnering with investors and clients to help meet investment objectives and reporting requirements. , and aligning Onex with the best practices in the industry.
“There is a strong connection between being responsible stewards of capital and having good ESG practices. Onex has been a responsible investor since our founding and we are excited to welcome Judy to the team to further enhance our ESG efforts, ”said Bobby Le Blanc, President of Onex and a principal of Onex Partners. “Our intention is not only to create investment value, but also to have a more positive impact on the industries we invest in and the communities we serve. Judy will play an important role in the continued success of our firm. “
Ms. Cotte is a world-renowned expert in ESG and responsible investing, with the last twelve years of her career focused exclusively on this area. He joins Onex from ESG Global Advisors, a company he founded to bridge the gap between companies and investors in ESG factors. Previously, Ms. Cotte was Director of Corporate Governance and Responsible Investment at RBC Global Asset Management.
“We have seen positive momentum in the evolution of ESG practices,” said Ms. Cotte. “Onex has the opportunity to build on its strong foundation and create real value and drive strategic change directly from our own efforts and by partnering with the companies in which we invest. I am pleased to join a team that shares my belief that good ESG practices can have a significant positive impact for all stakeholders. “
Ms. Cotte will start at Onex in July, will be based in Toronto and will report to Mr. Le Blanc.
Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients around the world. Onex platforms include: Onex Partners, private equity funds focused on large and mid-cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on the middle market and small opportunities in North America; Onex Credit, which primarily manages non-investment grade debt through opportunistic, private and marketable credit strategies, as well as actively managed public equity and public credit funds; and Gluskin Sheff wealth management services. In total, as of March 31, 2021, Onex has approximately $ 45 billion of assets under management, of which approximately $ 7.2 billion is its own investment capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors in Onex platforms.
The Onex Partners and ONCAP businesses have assets of $ 41 billion, generate annual revenue of $ 24 billion, and employ approximately 146,000 people worldwide. Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX. For more information on Onex, visit their website at www.onex.com. Onex backup files can also be accessed at www.sedar.com.
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