Hedge Funds

Onex expands staff as inflows bring hedge funds to $750 million

by Josh Friedlander

The firm has hired analysts from Sandell and JPMorgan.

Onex Credit Partners, the alternative investment division of $15 billion Toronto private equity firm Onex, has been expanding its research staff following a successful fundraising campaign that has increased hedge fund assets to $750 million, up from $565 million a year ago.

The firm hired Brian Werner as a senior research analyst covering securities and structured products. He was previously a managing director and senior distressed analyst as Sandell Asset Management, where he worked for three years through June. Onex also hired Priya Rangarajan as a research analyst. She was an associate in the fixed income credit research