Onex Snags Peter Brown From UBS to Lead New Fundraising Push

Onex Corp. hired Peter Brown to lead its client team, choosing a longtime UBS Group executive to reboot its fundraising efforts.

Brown joined the Canadian investment firm this month as head of client and product solutions, which is responsible for raising money, according to Onex’s website. He spent almost 20 years as part of UBS’s private funds group, most recently as managing director and head of distribution, according to his LinkedIn profile.

Onex Chief Executive Officer Bobby Le Blanc, who took over in May, has been trimming expenses after the private equity industry was hit ...