The posting
ABOUT ONCAP:
ONCAP is a leading private equity firm focused on building value with North American companies in partnership with their management teams. ONCAP is an affiliate of Onex Corporation, one of North America’s oldest and most successful private equity firms with over $50 billion of assets under management. Since inception ONCAP has invested in 38 platform companies, completed over 210 follow-on acquisitions to build those platform companies. ONCAP targets significant minority or control equity investments of $20 - $250 million in North American businesses with EBITDA of $5 - $50 million and total enterprise values of $50 - $500 million. More information can be found at www.oncap.com or www.onex.com.
To explore more ONCAP opportunities, visit https://job-boards.greenhouse.io/oncap.
The Opportunity:
ONCAP is seeking a highly motivated Associate to join its investment team in New York. This role offers the opportunity to work across the full investment lifecycle, from origination through to exit, and to gain exposure to strategic and operational initiatives within portfolio companies. This is an exciting opportunity to be part of a dynamic, collaborative team, investing out of ONCAP’s $1.3 billion fund focused on mid-market opportunities across North America.
Key Responsibilities:
- Evaluate new investment opportunities in the Consumer, Services, and Industrials sectors.
- Build and prepare financial and operating models (e.g., DCF, LBO), conduct valuation benchmarking, and prepare investment memoranda.
- Conduct company and market research, capital structure analysis, and advanced financial/statistical modeling.
- Support due diligence processes, including coordination with external advisors on legal, commercial, and market workstreams. Tasks may include assessing industry structure, company past performance, quality of the management team, and evaluation of the expected investment merits and risks.
- Support portfolio company management teams on strategic planning, M&A, operational improvements, and capital structure optimization.
- Monitor and report on portfolio company performance, providing data-driven insights and recommendations.
- Collaborate with team members to foster a high-performing and inclusive team culture.
Candidate Profile:
- 2–4 years of relevant experience in investment banking, private equity, or a related field.
- Bachelor’s degree in Finance, Business, Economics, or a related discipline.
- Strong financial modeling and valuation expertise with demonstrated investment judgment.
- Deep intellectual curiosity and interest in business, finance, and investing.
- Excellent communication skills and attention to detail.
- High degree of professionalism, maturity, and interpersonal effectiveness.
- A proactive, self-starter mindset with strong organizational and problem-solving skills.
- Ability to thrive in a fast-paced, team-oriented environment.
Our team & Commitment:
Onex is led by the firm’s CEO, Bobby Le Blanc, as well as experienced leaders at each of our businesses. We have approximately 110 investment professionals across all platforms, supported by approximately 165 professionals dedicated to our corporate functions and investment platforms. Consistent with our One Onex approach, the teams share and leverage sector expertise, and sourcing and origination of opportunities across all business lines. Our culture is guided by our strong commitment to accountability, intellectual honesty and respect for all our partners and stakeholders. Onex was formed on principles of entrepreneurialism and responsible investing and our team is united in recognizing the value of collaboration, diversity of perspective and background, and an inclusive environment. Our team is a critical factor in our success, and attracting and retaining the best people and strongest investors are an important competitive advantage. Also crucial to our long-term success is the alignment of interests between the Onex management team, the Onex Board of Directors, shareholders and our limited partners. Members of our management team and Board of Directors have a significant long-term ownership in Onex shares and invest meaningfully in our funds. We believe this alignment creates stronger relationships with both our limited partners and shareholders.
Diversity Equity & Inclusion:
Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investor and asset manager. We believe that diverse perspectives create better outcomes for us and our stakeholders, including the companies we invest in, our shareholders, investors and clients, as well as the communities we serve.
Onex’ commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm.
Onex’ Diversity & Inclusion Leadership Council, which is co-chaired by our CEO and our Head of Shareholder Relations and Communications, includes representation from across all business platforms and geographies. The Council is responsible for championing diversity and inclusion across the firm, including supporting the development and success of Onex’ employee resource groups.
Sustainability:
Responsible investing has been a core principle of Onex since its founding. We believe that considering financially material sustainability-related risks and opportunities throughout the investment lifecycle, from due diligence to ongoing portfolio company engagement, supports informed decision-making, effective risk management and long-term value creation.
Onex' sustainability program is supported by a Sustainability Committee comprising representatives from across our investment platforms and key corporate functions. The Committee serves as a forum for knowledge-sharing, collaboration and coordination on sustainability-related matters across the firm. Our approach continues to evolve in response to business priorities, investor expectations and relevant industry developments. Further information on Onex' Sustainability Policy and Climate Strategy can be found on our website, www.onex.com .
Onex is committed to fostering an inclusive and accessible workplace. If you require accommodations at any stage of the recruitment process, please contact [email protected].
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