Onex Shoots for $750m With Launch of Transportation Fund

Onex Shoots for $750m With Launch of Transportation Fund

Onex Corp. is seeking $750m for a new fund dedicated to transportation investments, people familiar with the matter said, a test of its ability to raise money in a tough climate for private equity. The Toronto-based firm has hired eight people for the fund, led by Wes...
Bain Capital raises $1.15bn insurance private equity fund

Bain Capital raises $1.15bn insurance private equity fund

Private equity specialist investment manager Bain Capital has raised a $1.15 billion fund targeted at deployment into opportunities in the insurance and reinsurance space. Reuters was first to report that Bain Capital raised more funds than initially targeted for the...