Canyon Capital Advisors

Read About Hedge Funds

Key Facts

Founded1990
Websitehttp://www.canyonpartners.com
HeadquartersBeverly Hills, CA
Employees153
AUM$19.1 billion
AUM as ofAugust 23, 2017
StrategiesCredit, Distressed
Clients23

Overview

Canyon Capital Advisors is a hedge fund based in Beverly Hills, CA. It was founded in 1990 by Joshua Friedman and Mitchell Julis. They hold $19.1 billion in assets under management as of August 23, 2017. Read their Plain English Brochure. $14.3 billion in assets under management as of 12/31/2007

31st largest hedge fund in Institutional Investor's 2008 Hedge Fund 100, up from 34th in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396

Key Team Members include:
Joshua Friedman - Founding Partner, Co-Chairman, Co-CEO
Mitchell Julis - Founding Partner, Co-Chairman, Co-CEO
K. Robert (Bobby) Turner - Managing Partner

Senior Portfolio Managers
Patrick Dooley - Managing Director and Director of Research
Allen Ba - Managing Director
Dominique Mielle - Managing Director
Soon Pho - Managing Director

Operating Management
John Simpson - Vice Chairman and Chief Operating Officer
John Plaga - Managing Director and Chief Financial Officer
Christopher Borghi - Chief Technology Officer

Sub Funds and Performance

NameAUM (bn) Type Strategies 2011 2012 2013 2014 2015 Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
Canyon Balanced Master Fund, Ltd. 3.191 hedge fund 1,000,000 521 19.0 21.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon Blue Credit Investment Fund L.P. 0.239 hedge fund 1,000,000 4 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon CLO Fund L.P. 0.129 private equity fund 1,000,000 40 14.0
Canyon Capital CLO 2006-1 Ltd. 0.315 securitized asset fund 1,000,000 2 5.0
Canyon Capital CLO 2012-1 Ltd 0.330 securitized asset fund 1,000,000 2 10.0
Canyon Capital CLO 2014-1, Ltd 0.402 securitized asset fund 1,000,000 4 10.0
Canyon Capital CLO 2014-2, Ltd. 0.400 securitized asset fund 1,000,000 3 20.0
Canyon Capital CLO 2015-1, Ltd. 0.400 securitized asset fund 1,000,000 6
Canyon Distressed Opportunity Master Fund, L.P. 0.052 hedge fund 1,000,000 50 7.0 16.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon Nz-Dof Investing, LP 0.266 hedge fund 1,000,000 1 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon Value Realization Fund 6.020 None Distressed -4.66 18.05 15.65 4.32 -2.72
Canyon Value Realization Fund, L.P. 3.752 hedge fund 1,000,000 414 8.0 14.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon Value Realization Mac 18 Ltd 0.141 hedge fund 100,000 9 67.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon-Asp 0.581 hedge fund 1,000,000 2 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon-Grf Master Fund II, LP (Cayman) 0.635 hedge fund 1,000,000 52 95.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon-Sl Value Fund, L.P. 0.151 hedge fund 1,000,000 1 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Canyon-Tcdrs Fund, LLC 0.337 hedge fund 1,000,000 7 15.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill
Permal Canyon Fund Ltd. 0.097 hedge fund 100,000 9 8.0 76.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan
Permal Canyon Io Ltd. 0.218 hedge fund 100,000 21 16.0 51.0 Credit Suisse, Goldman Sachs & Co. LLC
The Canyon Value Realization Master, L.P. 6.885 hedge fund 1,000,000 556 4.0 15.0 Credit Suisse, Deutsche Bank Securities Inc., JP Morgan, Merrill

Historical Performance

2009 Returns
* Up 5.63% in April
* Up 7.74% in May
* Up 4.37% in June
* Up 18.78% in Q2, bringing YTD to 24.87%
* Up 4.91% in July, bringing YTD to 31.00%http://dealbreaker.com/2009/08/17/VRF%202Q%202009.pdf

Key People

NameTitlePositionOwnership
Douglas AndersonChief Compliance Officer Owner or OfficerNone
Beth FriedmanNone Indirect OwnerOther
Joshua FriedmanNone Indirect OwnerOther
Joshua FriedmanNone Indirect OwnerOther
Joshua FriedmanManaging Partner Owner or OfficerNone
Linda JulisNone Indirect OwnerOther
Mitchell JulisNone Indirect Owner25 to 50%
Mitchell JulisManaging Partner Owner or OfficerNone
Jonathan KaplanGeneral Counsel Owner or OfficerNone
John PlagaCfo Owner or OfficerNone