Canyon Partners Is Said to Explore Selling a Stake in Itself
Joshua Friedman, co-founder and co-chief executive officer of Canyon Partners.
Photographer: Kyle Grillot/BloombergThis article is for subscribers only.
Alternative-asset manager Canyon Partners is exploring a potential sale of a stake in the firm, according to people with knowledge of the matter.
The Dallas-based manager, founded in 1990 by Josh Friedman and Mitch Julis, invests across distressed loans, bonds, securitized products and real estate in the US and Europe, with a focus on event-driven opportunities. Canyon has more than $20 billion of assets under management, its website shows.