ONEX Corporation

welcome to onyx fourth quarter and full year 2022 conference call and webcast during the presentation all participants are in a listen-only mode afterwards we will conduct a question and answer session with pre-qualified analysts at this time if you have a question please press star 1 1 on your telephone keypad as a reminder this conference call is being recorded i would now like To introduce your host for today's conference call, Jill Homonek, Managing Director of Shareholder Relations and Communications at ONIX. Please go ahead.

Thank you. Good morning, everyone, and thanks for joining us. We're broadcasting this call on our website. Hosting the call today are Jerry Schwartz, our founder and CEO, Bobby LeBlanc, ONIX's president and head of ONIX Partners, and Chris Gevin, our chief financial officer. Earlier this morning, we issued our fourth quarter and full year 2022 press release, MD&A, and consolidated financial statements, which are available on the shareholder section of our website and have also been filed on CDAR. Our supplemental information package is also available on our website. As a reminder, all references to dollar amounts on this call are in U.S. unless otherwise stated. I must also point everyone to our webcast presentation for our usual disclaimer and cautionary factors relating to any forward-looking statements contained in today's presentation and remarks. With that, I'll now turn the call over to Jerry.

Thanks, Jill. Good morning, and thanks to everyone for joining us today. You know, we just completed our 35th full year as a public company. Time sure flies. I can't help but look back on what's been an incredible journey. Since our IPO in 1987, Onyx has helped to build more than 100 businesses and completed more than 700 acquisitions with a total value exceeding $100 billion. Over that time, we've generated a compound annual return for shareholders of nearly 13%, and that's versus 8% for the Standard & Poor's TSX index. We did this by sticking to our disciplined investment philosophy and maintaining a strong liquidity position to take advantage of market dislocations and opportunities. Of course, we did face many challenges along the way. and 2022 sure had its fair share. The economy and capital markets struggled to find their footing. There were supply chain disruptions, geopolitical conflict, rising interest rates, and the highest inflation in 40 years. In the face of these headwinds, ONIX did make good progress last year. We grew investing capital per share, delivered solid risk-adjusted returns to our fund investors, and made attractive new investments that should yield and we expect will yield future rewards. We raised $2.1 billion of new fee-generating capital across our credit platforms. We did this as investors were drawn to our creative capital solutions and defensive positioning in volatile markets. Fundraising environment for private equity was more challenging, reflecting a crowded and consolidated market. That said, we continue to actively fundraise across our private equity platform and remain focused on delivering operating excellence across the portfolio and attractive returns to our limited partners. We made progress in 2022, but we recognize there is much more work ahead to deliver on our objectives. The next few years will be pivotal as we execute our strategic plan and continue to build the value our shareholders have come to expect. We've set the course. Now it's crucial to have the right leadership to execute on our plans. Our proposal to appoint Bobby LeBlanc as CEO following our next AGM will accelerate this progressive transition. To that end, we look forward to proactively engaging with shareholders in the coming days and weeks as we aim to move forward with our planned leadership transition. This will be an important milestone in the evolution of our business, and Bobby and the team look forward to taking Onyx to new heights in the years ahead, and I am sure they will. We're confident in our strategy and our future. On behalf of our entire team, thanks to you, for your continued support. I'll now turn the call over to Bobby. Bobby?