Onex to restart fundraising for flagship P fund in H1 2026: CEO

Onex to restart fundraising for flagship P fund in H1 2026: CEO

Onex, a private equity firm, has announced plans to restart fundraising for its flagship P fund in the first half of 2026, according to a statement from the company's CEO. The move comes after a successful fundraising campaign in the first half of 2025, where Onex secured €6.3 billion of fresh capital.

The decision to restart fundraising is likely driven by the strong performance of Onex's existing funds and the growing demand for private equity investments. In the first six months of 2025, Onex's private equity giant CVC Capital reported a net profit of €396 million ($464 million), revenue of €802 million, and an adjusted EBITDA margin of 62% [1].

Onex's CEO noted that the company's strong fundraising momentum and the attractive areas of private capital in which it operates have contributed to the decision to restart fundraising. The firm's lower level of revenue risk compared to its peers and its discounted valuation have also been cited as factors supporting the move [1].

The restart of fundraising for the P fund is expected to provide Onex with additional capital to invest in new opportunities and strengthen its position in the private equity market. The firm's successful track record and strong pipeline of fundraising in attractive areas of private capital are likely to attract investors and support the fundraising campaign [1].

Investors and financial professionals should closely monitor Onex's progress in restarting the fundraising campaign for the P fund and its impact on the firm's financial performance and market position.

References:
[1] https://www.investing.com/news/earnings/cvc-capital-delivers-inline-h1-results-confirms-realizations-target-stock-down-4223471