Onex to Open London Office
OREANDA-NEWS. June 20, 2012. Onex Corporation ("Onex") (TSX: OCX) today announced that it is opening an office in London to support continued growth of its investing activities. Onex also announced that Tony Morgan will be joining as a Managing Director in the London office.
Gerald W. Schwartz, Onex’ Chairman and Chief Executive Officer, said, “After 28 years acquiring and building businesses with global reach, opening a London office is a natural progression for Onex. We see great opportunities in the European market for investors like Onex and are pleased to have Tony, a British national and experienced investor, join us to help establish this local presence.”
Prior to joining Onex, Mr. Morgan was with the Canada Pension Plan Investment Board as a Vice President in the Principal Investing Group and a Member of the Private Investments Investment Committee. In this role, Mr. Morgan led various investments including Livingston International, Aricent Technologies, Bank of America Merchant Services and, working in partnership with the Onex team, Tomkins. Previously, Mr. Morgan spent seven years at private equity firms Alchemy Partners and Permira in London.
"The Canada Pension Plan Investment Board afforded me unequaled access to the private equity market. I will always be proud to have been part of its growth and success," commented Mr. Morgan. “Joining Onex is a unique opportunity for me. My first-hand experience partnering with the firm to acquire and build Tomkins confirmed our like-minded approach to investing. I look forward to working with my colleagues to expand our set of investment opportunities.”