CANYON CAPITAL ADVISORS LLC

other names
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Adviser Profile
As of Date 06/04/2024
Adviser Type - Large advisory firm
Number of Employees 158
of those in investment advisory functions 47 11.90%
Registration SEC, Approved, 06/18/1998
AUM* 13,647,142,000 -0.17%
of that, discretionary 13,647,142,000 -0.17%
Private Fund GAV* 13,759,640,944 0.66%
Avg Account Size 682,357,100 -10.15%
SMA’s No
Private Funds 20 2
Contact Info 214 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
22B 19B 16B 13B 10B 6B 3B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count15 GAV$12,840,127,734
Fund TypePrivate Equity Fund Count4 GAV$552,092,638
Fund TypeSecuritized Asset Fund Count1 GAV$367,420,572

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Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker124830878 Stock NameCBL & ASSOC PPTYS INC $ Position$213,350,609 % Position26.00% $ Change8.00% # Change0.00%
Stck TickerG7997W102 Stock NameSEADRILL 2021 LTD $ Position$194,634,956 % Position24.00% $ Change-23.00% # Change0.00%
Stck Ticker08579W103 Stock NameBERRY GLOBAL GROUP INC $ Position$187,302,031 % Position23.00% $ Change16.00% # Change0.00%
Stck TickerG65431127 Stock NameNOBLE CORP PLC $ Position$66,195,867 % Position8.00% $ Change-19.00% # Change0.00%
Stck Ticker32026V104 Stock NameFIRST FNDTN INC $ Position$48,836,089 % Position6.00% $ Change # Change
Stck TickerL02235106 Stock NameARDAGH METAL PACKAGING S A $ Position$38,283,381 % Position5.00% $ Change11.00% # Change0.00%
Stck Ticker86771W105 Stock NameSUNRUN INC $ Position$15,500,898 % Position2.00% $ Change48.00% # Change-3.00%
Stck Ticker86771WAB1 Stock NameSUNRUN INC $ Position$20,483,032 % Position2.00% $ Change-51.00% # Change-53.00%
Stck Ticker25470MAF6 Stock NameDISH NETWORK CORPORATION $ Position$17,301,218 % Position2.00% $ Change18.00% # Change0.00%
Stck Ticker02005N100 Stock NameALLY FINL INC $ Position$10,837,155 % Position1.00% $ Change # Change

Brochure Summary

Overview

Canyon Capital Advisors LLC (“Canyon” or the “Adviser”) is a multi-strategy, credit-focused, global value-oriented asset management firm that invests across a variety of asset classes, including bank debt, high yield, distressed and special situation securities, securitized assets, equities (including SPACs, preferreds and common stock), convertible arbitrage and risk arbitrage. Canyon is owned by Canyon Partners, LLC, and has been registered with the SEC as an investment adviser, through its predecessor Canyon Capital Management, L.P., since 1994. Canyon Partners is owned by family limited liability companies and/or trusts that are ultimately controlled by Joshua S. Friedman and Mitchell R. Julis. Canyon provides discretionary advisory services to private investment vehicles (referred to hereinafter as a “Fund” or collectively as “Funds”) and managed accounts (together with Funds, collectively referred to as “Client(s)”).
As of December 31, 2023, Canyon had twenty (20) Clients and regulatory assets under management of approximately $13.6 billion, all of which is managed on a discretionary basis. Advisory services are generally not tailored to the individual needs of Fund investors and Fund investors are generally not permitted to impose restrictions on investing in certain securities or types of securities. However, with respect to managed accounts, Clients may obtain tailored advisory services and impose restrictions on investing in certain securities or types of securities, all of which would be detailed through a written investment advisory agreement. The principals of Canyon are Joshua S. Friedman and Mitchell R. Julis (collectively, the “Canyon Principals”). Messrs. Friedman and Julis lead Canyon and are responsible for the investment activities of Canyon’s Clients as well as Canyon’s research strategy and firm management.