Onex Adds Highland’s Yang To Credit Arm

Jul 22 2010 | 12:11pm ET

Canadian private equity firm Onex Corp. has hired a Highland Capital Management executive to manage and expand its credit business.

Jack Yang was named managing partner of Toronto-based Onex Credit Partners. In his new role, he’s charged with launching new funds and building up the fixed-income business.

Yang joins Onex from Dallas-based Highland, where he served as managing partner and head of business development for six years before his departure last year. Prior to joining Highland, Yang was global head of leverage finance products in Merrill Lynch’s global debt markets group.

"I am delighted to have the opportunity to work with the Onex and OCP teams to further build on the firm's US$900 million of assets under management," Yang said. "Onex is widely regarded as a best-in-class, value-oriented private equity firm.”

“Onex Credit Partners combines the expertise and resources of a premier, investment management firm with the focus and energy of a specialist manager."


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of