(Bloomberg) -- Onex Corp. has walked away from a strategy of expanding in private wealth as it refocuses on its core business of managing private equity and credit funds. Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeToronto-based Onex will transfer its Gluskin Sheff private weal.