Onex files nine fund registrations led by Onex Partners VI

Onex Partners registered nine private equity vehicles with the SEC on Nov. 2, led by Onex Partners VI LP. The group includes the flagship's A and B vehicles, sector sleeves for aerospace and aviation and financial services, and Tempo Investments LP with a feeder.

All nine name Onex Partners Manager LP as manager and report $0 sold, with first sale yet to occur and an offering amount marked indefinite. Target size, fees and minimum investments are not disclosed.

A family office weighing a commitment to Onex must choose among nine vehicles, each a separate commitment that sets how concentrated the position is in one sector. The filings do not describe what any sleeve will buy.

The numeral in Onex Partners VI LP places it as the sixth flagship vehicle in the series. It sits alongside Onex Partners VI A LP and Onex Partners VI B LP, a pattern commonly used for parallel vehicles for investors in different tax positions or jurisdictions.

The sector sleeves copy that shape: Onex Partners Aerospace & Aviation LP with an A vehicle, and Onex Partners Financial Services LP with an A vehicle. Tempo Investments LP pairs with Tempo Investments Feeder LP, the pooled-intermediary structure managers use for investors who commit through a vehicle rather than directly.

Ballistic Ventures filed two venture vehicles the same day: Ballistic Ventures III LP at $360.0 million and Ballistic Ventures Fund B LP at $130.0 million, both with nothing sold and first sales still ahead.

Elsewhere in the week's filings, RLP II Vision LP reported $137.4 million offered and $137.4 million sold, with a $1.0 million minimum, a first sale on Oct. 1 and NY Life Distributors LLC named as placement agent. Steel Atlas Select Fund I LLC has sold $16.1 million of a $100.0 million offering, with a first sale on Sept. 30.