Canyon Capital Advisors

Canyon Partners, LLC
Company typePrivate
IndustryInvestment Management
Founded1990; 34 years ago (1990)
Founder
  • Joshua Friedman
  • Mitchell Julis
Headquarters
Los Angeles, California
,
U.S.
Area served
Worldwide
AUMUS$ 17.8 billion
(as of June 30, 2019)[1]
Websitecanyonpartners.com

Canyon Partners, LLC is an employee-owned hedge fund founded by Joshua S. Friedman and Mitchell R. Julis in 1990 located in Los Angeles, California.[2][3]

Canyon Partners is a multi-strategy hedge fund and invests across asset classes ranging from bank debt, high yield and distressed securities, securitized assets, direct investments, convertible arbitrage, risk arbitrage, equities, and special situation securities.[4] It has offices across the world in cities including Dallas, Hong Kong, London, Los Angeles, New York, Seoul, Shanghai, and Tokyo.

As of January 2015, assets were approximately $23 billion.[5] In 2011 Hedge Fund Journal's 50 Largest US Hedge Fund Managers, Canyon Capital Advisors ranked 20.[citation needed] In 2015, Institutional Investor/Alpha magazine gave Canyon an A grade and the 10th position in the ranking among hedge funds worldwide.[6]

References

  1. ^ "The largest managers of hedge funds (P&I Sep 2019)". No. Special Report Hedge Funds. United States: Pensions & Investments. Crain Communications Inc. September 16, 2019. Retrieved October 15, 2019.
  2. ^ The 50 Largest US Hedge Fund Managers. Hedge Fund Journal. Retrieved Apr 2010.
  3. ^ "Canyon Capital Advisors Company Profile". LinkedIn. Retrieved April 22, 2010.
  4. ^ "Welcome to Canyon Capital Advisors". Archived from the original on December 11, 2010. Retrieved April 22, 2010.
  5. ^ "Canyon Partners". canyonpartners.com.
  6. ^ Taub, Stephen. "The Hedge Fund Report Card" (PDF). Institutional Investor's Alpha. Retrieved March 4, 2016.