Onex Corporation has purchased credit manager Falcon Investment Advisors LLC. The deal merges Falcon with Onex’s subsidiary, Onex Credit.
Falcon provides private credit financing services to clients. “We look forward to building upon our existing alternative credit investment capabilities alongside such high-caliber partners,” says Onex managing director Blair Fleming. The acquisition expands Onex Credit’s debt investing business which is focused on non-investment grade credit markets.
Onex is a publicly listed company on the Toronto Stock Exchange with businesses in private equity, wealth management and credit investing.