“Conor brings extensive experience developing CLO platforms and is well-respected in the European marketplace,” Jason New, co-CEO of Onex Credit, said. “His appointment builds upon the strength and diversification of our platform, ensuring we continue to provide our clients and investors with comprehensive products and valued expertise to best serve all their needs.”
“Onex Credit has a well-established reputation and strong momentum, and I look forward to working with the team to continue to build on that success,” Daly said.
Daly joined Onex Credit from BlackRock, where he was a portfolio manager in the European fundamental credit team. He was a member of the team that established BlackRock’s European CLO and leveraged loan business. Prior to BlackRock, Daly was in Morgan Stanley’s leveraged finance team. He will begin at Onex Credit in April.
Established in 2007, Onex Credit has grown its assets under management from approximately $300 million to more than $16 billion, including the recent acquisition of Falcon Investment Advisors.