Canyon Capital Advisors
Canyon Partners is an employee-owned hedge fund founded by Joshua S. Friedman and Mitchell R. Julis in 1990 located in Los Angeles, California.
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.
As of January 2015, assets were approximately $23 billion. In the 2011 Hedge Fund Journal's 50 Largest US Hedge Fund Managers, Canyon Capital Advisors ranked 20. In 2015, Institutional Investor/Alpha magazine gave Canyon an A grade and the #10 ranking among hedge funds worldwide.