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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…