President resigns, Chairman/Interim CEO departs; Ronnie Jaber appointed Chairman, President & CEO

Onex Direct Lending BDC Fund

Omer Masud resigned as President effective Dec 14, 2023.
Sandeep Alva resigned as Trustee, Chairman & Interim CEO effective Dec 19, 2023.
Board appointed Ronnie Jaber as Trustee, Chairman, President & CEO effective Dec 19, 2023.
Ronnie Jaber is Head of Onex Credit, previously Co-Head of Carlyle Structured Credit and Managing Director at Morgan Stanley.
No reasons given for the resignations; Jaber assumes all former roles of Alva and Masud.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Omer Masud

President

Onex Direct Lending BDC Fund

Effective: 2023-12-14
Filed: December 20, 2023, 6:59 PM ET

On December 14, 2023, Omer Masud notified the Board of Trustees (the “Board”) of the Onex Falcon Direct Lending BDC Fund (the “Company”) that he is resigning from the Company effective December 14, 2023.

Appointed

Ronnie Jaber

Trustee, Chairman, President and Chief Executive Officer

Onex Direct Lending BDC Fund

Effective: 2023-12-19
Filed: December 20, 2023, 6:59 PM ET

On December 19, 2023, the Board appointed Ronnie Jaber, 42, as Trustee, Chairman, President and Chief Executive Officer of the Company, effective December 19, 2023.

Departed

Sandeep Alva

Trustee, Chairman and Interim Chief Executive Officer

Onex Direct Lending BDC Fund

Effective: 2023-12-19
Filed: December 20, 2023, 6:59 PM ET

Further, on December 19, 2023, Sandeep Alva notified the Board that he is resigning from the Company effective December 19, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Omer Masud resigned as President at Onex Direct Lending BDC Fund.

Action: resigned
Role: President

Exact text from the filing

On December 14, 2023, Omer Masud notified the Board of Trustees (the “Board”) of the Onex Falcon Direct Lending BDC Fund (the “Company”) that he is resigning from the Company effective December 14, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ronnie Jaber was appointed as Trustee, Chairman, President and Chief Executive Officer at Onex Direct Lending BDC Fund.

Action: appointed
Role: Trustee, Chairman, President and Chief Executive Officer

Exact text from the filing

On December 19, 2023, the Board appointed Ronnie Jaber, 42, as Trustee, Chairman, President and Chief Executive Officer of the Company, effective December 19, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sandeep Alva resigned as Trustee, Chairman and Interim Chief Executive Officer at Onex Direct Lending BDC Fund.

Action: resigned
Role: Trustee, Chairman and Interim Chief Executive Officer

Exact text from the filing

Further, on December 19, 2023, Sandeep Alva notified the Board that he is resigning from the Company effective December 19, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-23-300001

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