© 2020 Verizon Media. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law.This announcement is not an offer of securities for sale in or into the United States. Our Platform Onex invests and manages capital on behalf of shareholders, institutional investors and high net worth clients from around the world. The firm seeks to invest in the agriculture, business products, services, consumer products and services, technology, healthcare, environmental, and energy sectors. We believe that Convex’ unique value proposition within complex risk is well-suited for the current market environment. Any opinions, estimates or forecasts regarding Onex’ performance made by analysts covering Onex are theirs alone and do not represent opinions, forecasts or predictions of Onex Corporation or its management. ONCAP IV invested approximately $111 million, of which Onex Corporation’s (TSX: ONEX) share was $44 million as a limited partner in the Fund. Convex is a specialty insurer and reinsurer focused on complex risks that launched with $1.7 billion of committed capital in April of 2019. ONCAP has never suffered a capital impairment on any realized investment. Wole joined ONCAP in 2007. Persons into whose possession this announcement comes are required by Onex to inform themselves about, and to observe, any such restrictions. The terms of the transaction are not being disclosed. As a long-term investor, we look forward to working alongside Onex and other shareholders to support the Company as it embarks on its next phase of growth.”Martin Longchamps, Managing Director, Private Equity at PSP Investments, said, “We are pleased to continue our successful partnership with Onex and Convex by supporting the Company’s accelerated growth strategy. After 15 years of successful investing, we formed ONCAP, our private equity platform for middle and smaller market investment opportunities. The investment will be made by ONCAP IV, Onex Corporation’s (TSX: ONEX) $1.1 billion fund. Convex is Well-Positioned to Capitalize on Insurance Market OpportunityAll amounts in U.S. dollars unless otherwise statedTORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) and its affiliated funds (the “Onex Group”), along with GIC, announced that they and a consortium of existing and new co-investors have committed to invest $1 billion in Convex Group Limited (“Convex” or the “Company”). ONCAP has invested in 29 operating companies and completed more than 150 acquisitions since inception. NCAP | Complete Northsight Capital Inc. stock news by MarketWatch. At $13.55 per share, the bid is just 2 cents higher than the stock's closing price Friday. ONCAP is the mid-market private equity platform of Onex. Onex’ security filings can also be accessed at www.sedar.com.Forward-Looking Statements This press release may contain, without limitation, statements concerning possible or assumed future operations, performance or results preceded by, followed by or that include words such as “believes”, “expects”, “potential”, “anticipates”, “estimates”, “intends”, “plans” and words of similar connotation, which would constitute forward-looking statements. Onex’ platforms include: Onex Partners, private equity funds focused on larger opportunities in North America and Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non-investment grade debt through collateralized loan obligations, senior loan strategies and other private credit strategies; and Gluskin Sheff’s wealth management services including its actively managed public equity and public credit funds. The additional capital has been committed by the original investors as well as multiple new investors led by GIC.Bobby Le Blanc, President of Onex and Head of Onex Partners, commented, “Over the past eighteen months, the Convex management team has made significant progress in realizing our original investment thesis, having successfully executed on its recruiting plan, implemented key operational systems and processes, established strong relationships with brokers, and written over $1 billion in premiums. Company profile page for ONCAP Investment Partners II LP including stock price, company news, press releases, executives, board members, and contact information We are delighted to have additional capital as this will enable us to take full advantage of the hardening market.”Choo Yong Cheen, Chief Investment Officer of Private Equity at GIC, said, “GIC is pleased to partner with Stephen, Paul, and the rest of the Convex team given their tremendous success to date and long track record of disciplined underwriting. This capital raise is subject to customary regulatory approvals. About ONCAP ONCAP is … ... Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX. Areas of Focus. ONCAP has worked side-by-side with the team at Bradshaw to grow the business organically and through acquisitions. 2 Battered Stocks for a Shot at Big Gains in 2021. Find the latest ONEX CORPORATION (ONEX.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. The investment in Pure Canadian Gaming is split approximately 80%/20% between ONCAP II and III respectively. Persons (including, without limitation, nominees and trustees) who have a contractual or other legal obligation to forward a copy of this announcement should seek appropriate advice before taking any action.About Onex Founded in 1984, Onex invests and manages capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Add-on acquisitions for Tecta America are included in both ONCAP III / ONCAP IV. ONCAP is the mid-market private equity platform of Onex. ONCAP General Information Description. Find the latest ONCOLYTICS BIOTECH INC (ONC.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. At ONCAP, we principally target investment opportunities in the United States and Canada that require less than $200 million of initial equity capital. This listing of Onex’ analyst coverage is provided as reference only for investors and other interested parties. Download ONCAP Overview. Onex’ security filings can also be accessed at www.sedar.com.Forward-Looking Statements This press release may contain, without limitation, statements concerning possible or assumed future operations, performance or results preceded by, followed by or that include words such as “believes”, “expects”, “potential”, “anticipates”, “estimates”, “intends”, “plans” and words of similar connotation, which would constitute forward-looking statements. About ONCAP ONCAP is … Officials at Sport Supply and Oncap, which is based in Toronto, could not be reached for comment. No public offer of securities is to be made in the United States, Australia, Canada or Japan. Previously, he worked in the Corporate Strategy division of Deloitte Consulting and at OMERS Capital Partners, both in Toronto. The shares of SIG have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under the laws of any State of the United States and may not be offered or sold in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In Q3, OncoCyte Corporation Common Stock (AMEX: OCX) posted sales of $555.00 thousand. With offices in Toronto, New York, New Jersey and London, Onex and its experienced management teams are collectively the largest investors across Onex’ platforms.The Onex Partners and ONCAP businesses have assets of $36 billion, generate annual revenues of $22 billion and employ approximately 149,000 people worldwide. The all-time high ONEX stock closing price was 0.00 on December 31, 1969.; The ONEX 52-week high stock price is 0.00, which is NAN% above the current share price. Earnings were up 5.2%, but OncoCyte Corporation Common Stock still reported an overall loss of $9.22 million. View real-time stock prices and stock quotes for a full financial overview. Founded in 1999, ONCAP is a private equity firm based in Toronto, Ontario. Find the latest Emerald Holding, Inc. (EEX) stock quote, history, news and other vital information to help you with your stock trading and investing. The investment will be made by ONCAP IV, Onex Corporation’s (TSX: ONEX) $1.1 billion fund. Oncap LP is a 1999 private equity fund currently liquidated. We wish everyone at SIG the best of success in the years to come.”At the transaction price of CHF 20.35 per share, gross proceeds to the Onex Group will be approximately $725 million, of which Onex’ share will be approximately $225 million as a Limited Partner in Onex Partners IV and as a co-investor.The transaction, which was made through an accelerated bookbuilding process to institutional investors, is expected to close on December 3, 2020, subject to customary closing conditions.This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any of these securities in the United States, Australia, Canada or Japan or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification or the publication of a prospectus under the securities laws of any such jurisdiction. For more information on ONCAP, visit www.oncap.com. Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX. For more information on Onex, visit its website at www.onex.com. The Convex management team has established an agile, world-class specialty insurer with a strong operational foundation. Keep Healthy and stay in shape while staying connected on the go. ONCAP is the mid-market private equity platform of Onex. Currency in CAD, Japan: Every Senior Urged To Wear This $49 Smart Watch. The firm operates through two private equity platforms – Onex Partners and ONCAP private equity funds, and Onex Credit and Gluskin Sheff. 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