Canyon

Canyon was founded in 1990 by Joshua Friedman and Mitchell Julis (the "Founding Partners"), both of whom have been involved in the stressed and distressed markets since the early 1980s. Prior to forming Canyon 33 years ago, Joshua and Mitchell worked together at Drexel Burnham Lambert, a firm widely credited with creating the modern high yield bond market. Since its founding, Canyon has prided itself on a strong commitment to compliance and transparency, registering with the SEC in 1994. The firm is based in Dallas, Texas, and has additional offices in New York, Los Angeles, London, Shanghai, Tokyo, and Hong Kong. Canyon currently has over $24 billion in assets under management.