CANYON PARTNERS REAL ESTATE LLC other names

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Adviser Profile

As of Date:

06/04/2024

Adviser Type:

- Large advisory firm

Number of Employees:

138 -1.43%

of those in investment advisory functions:

30 -6.25%

Registration:

SEC, Approved, 6/18/1998

AUM:

2,544,633,000 -10.64%

of that, discretionary:

2,544,633,000 -10.64%

Private Fund GAV:

2,544,633,590 -10.63%

Avg Account Size:

121,173,000 10.63%

SMA’s:

YES

Private Funds:

21 1

Contact Info

310 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
3B 2B 2B 2B 1B 814M 407M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Dallas-based Canyon Partners sells a minority stake to a Japanese life insurance group
03/15/2024

Canyon manages $25 billion across asset managements like hedge funds, real-estate funds, private credit funds and more. For the fund's co-founders ...

dallasnews.com

Dallas-based Canyon Partners sells a minority stake to a Japanese life insurance group
03/15/2024

Canyon Parnters, a Dallas-based hedge fund manager has sold a minority stake in its company. The company is preparing itself for a future without ...

dallasnews.com

Canyon Partners Sells Minority Stake to Japan's Dai-ichi Life - The Wall Street Journal
03/14/2024

... hedge-fund managers near retirement determine their succession plans. Interest in acquiring credit hedge funds has soared recently, too, as banks ...

Wall Street Journal

Wall Street Week 02/23/2024 - Bloomberg.com
02/24/2024

On this edition of Wall Street Week, Joshua Friedman, Canyon Partners Co-founder and Co-CEO tells us about opportunities in distressed investing.

Bloomberg

Friedman: There Are Good Assets in Real Estate - Bloomberg.com
02/24/2024

In a sea of real estate weakness, Joshua Friedman, Canyon Partners Co-founder and Co-CEO sees opportunities in multi-family houses, but cautions ...

Bloomberg

Hedge Fund Manager Now Willing To Just Slightly More Than Double His Money On Upper ...
12/04/2023

Well, hedge fund managers didn't need the Economic Intelligence Unit to tell them that. Earlier this year, Canyon Capital's Mitch Julis had to shave ...

dealbreaker.com


Private Funds Structure

Fund Type Count GAV
Real Estate Fund 21 $2,544,633,590

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Private Funds



Employees




Brochure Summary

Overview

Canyon Partners Real Estate LLC (“CPRE” or the “Adviser”) invests in commercial real estate across value-added, opportunistic, and debt strategies. CPRE is owned by entities ultimately controlled by Joshua Friedman and Mitchell Julis. CPRE has been registered with the SEC as an investment adviser, through its predecessor Canyon Capital Management, L.P., since 1994. CPRE 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, CPRE had twenty-one (21) Clients and regulatory assets under management of approximately $2.5 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. For example, managed accounts can be tailored to meet specific investor preferences including (a) investment type (senior secured or mezzanine loans), (b) portfolio diversification (loan size, property type and geographic location), and (c) loan maturity (minimum and maximum terms). CPRE also provides various consulting and asset management services, which includes but are not limited to helping firms dispose of or sell assets, recommending the selection of subadvisors to certain organizations, and providing ongoing mentoring to such subadvisors. CPRE earns fees associated with such consulting activities. The principals of CPRE are Joshua S. Friedman and Mitchell R. Julis. Robin Potts is the Chief Investment Officer of CPRE.. Messrs. Friedman and Julis are ultimately responsible for CPRE’s investment activities, research strategy, and overall firm management.