Canyon Capital Advisors LLC (Los Angeles)

Name: Canyon Capital Advisors LLC
Address: 2000 Avenue Of The Stars, Los Angeles, CA, 90067
Telephone: 310-272-1000

Canyon Capital Advisors LLC is a large advisory firm based in Los Angeles. It manages $21.35 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and New York.

Canyon Capital Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Canyon Capital Advisors: assets under management

The assets under management (AUM) of Canyon Capital Advisors LLC is $21.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2124% since the beginning of its operation, and $16.64 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $21.35 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.19 billion each.

Canyon Capital Advisors has custody of $19.97 billion in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Canyon Capital Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Canyon Capital Advisors serves?

The only and largest group of clients of Canyon Capital Advisors is pooled investment vehicles with 18 clients and $21.35 billion of assets under management. Among the 6 most similar advisory firms, Canyon Capital Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $21.35 billion for 18 clients. 78% of the firm’s clients are foreign persons or businesses.

Canyon Capital Advisors also advises several private funds. Namely, fifteen hedge funds, two private equity funds, and three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Canyon Capital Advisors LLC

The company employs 168 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Paul Plaga	Cfo	1 Jul 1997	Other	4406087
The Joshua S. Friedman Family Limited Partnership	Member	1 May 1998	25% - 50%	95-4687862
The Evensen Family Limited Partnership	Member	1 May 1998	25% - 50%	95-4687860
The Julis Family Limited Partnership	Member	1 May 1998	25% - 50%	95-4687863
The Joshua S. Friedman Family Limited Partnership	Member	1 Jan 1999	25% - 50%	95-4687862
The Evensen Family Limited Partnership	Member	1 Jan 1999	25% - 50%	95-4687860
The Julis Family Limited Partnership	Member	1 Jan 1999	25% - 50%	95-4687863
1998 Turner Revocable Trust Dated August 12	Member	1 Jan 2001	Other	xxx-xx-xxxx
Kenneth Robert Turner	Managing director	1 Jan 2001	Other	1299858
Turner Revocable Trust	Member	1 Jan 2001	Other	xxx-xx-xxxx
Mitchell Ralph Julis	Managing partner	1 Dec 2001	Other	1223735
Joshua Stephan Friedman	Managing partner	1 Dec 2001	Other	1315528
Kenneth Robert Turner	Managing partner	1 Dec 2001	Other	1299858
Rolf Christian Banghart Evensen	Managing partner	1 Dec 2001	Other	1661632
Rolf Christian Banghart Evensen	Managing partner & cco	1 Dec 2001	Other	1661632
John Harold Simpson	Coo and cco	1 Jan 2005	Other	2020859
Jonathan Matthew Kaplan	General counsel	1 Aug 2007	Other	5506077
Douglas Anthony Anderson	Chief compliance officer	1 Feb 2008	Other	5079532
Llc Canyon Partners	Managing member	1 Jan 2009	75% - 100%	95-4665514

Indirect Owners

The SEC currently registers 37 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joshua Stephan Friedman	Trustee	1 May 1998	Other	1315528
Beth Cari Friedman	Trustee	1 May 1998	Other	4381745
Rolf Christian Banghart Evensen	Gp & lp of the evensen family lp	1 May 1998	25% - 50%	1661632
Mitchell Ralph Julis	Gp & lp of the julis family lp	1 May 1998	50% - 75%	1223735
Linda Joleen Julis	Lp of the julis family lp	1 May 1998	50% - 75%	4381744
Loretta Lucijia Gartner	Lp of the evensen family lp	1 May 1998	25% - 50%	1373929
Lauren Golub Turner	Co-trustee of turner revocable trust	1 Aug 1998	Other	4381747
Kenneth Robert Turner	Co-trustee of turner revocable trust	1 Aug 1998	Other	1299858
Joshua S. Friedman Family Spray Trust	Lp of the joshua s. friedman family lp	1 Oct 1998	25% - 50%	95-7082552
R. Christian B. Evensen Family Spray Trust	Lp of the evensen family lp	1 Oct 1998	25% - 50%	95-7083769
Joshua Stephan Friedman	General partner	1 Jan 1999	50% - 75%	1315528
Rolf Christian Banghart Evensen	General partner	1 Jan 1999	50% - 75%	1661632
Mitchell Ralph Julis	General partner	1 Jan 1999	50% - 75%	1223735
Joshua S. Friedman Revocable Gp Trust	Gp of the joshua s. friedman family lp	1 Aug 2004	Other	36-7476157
Beth C. Friedman Revocable Gp Trust	Gp of the joshua s. friedman family lp	1 Aug 2004	Other	36-7476158
Joshua S. Friedman Lifetime Trust	Lp of the joshua s. friedman family lp	1 Aug 2004	25% - 50%	36-7469541
Beth C. Friedman Lifetime Trust	Lp of the joshua s. friedman family lp	1 Aug 2004	25% - 50%	36-7469540
Joshua S. Friedman Family Spray Trust	Lp of the joshua s. friedman family lp	1 Aug 2004	25% - 50%	95-7082552
Joshua S. Friedman Revocable Gp Trust Dated 8/3/2004	Gp of the joshua s. friedman family lp	1 Aug 2004	Other	xxx-xx-xxxx
Beth C. Friedman Revocable Gp Trust Dated 8/3/2004	Gp of the joshua s. friedman family lp	1 Aug 2004	Other	xxx-xx-xxxx
Joshua S. Friedman Lifetime Dated 11/20/1991	Lp of the joshua s. friedman family lp	1 Aug 2004	25% - 50%	xxx-xx-xxxx
Beth C. Friedman Lifetime Trust Dated 11/20/1991	Lp of the joshua s. friedman family lp	1 Aug 2004	25% - 50%	xxx-xx-xxxx
Mitchell Ralph Julis	Gp & lp of the julis family lp	1 Apr 2005	25% - 50%	1223735
Linda Joleen Julis	Gp of the julis family lp	1 Apr 2005	Other	4381744
Joshua Stephan Friedman	Trustee	1 Apr 2005	Other	1315528
Family Gst Trust Under Julis Family 2005 Revocable Trust Dated 4/11/2005	Lp of the julis family lp	1 Apr 2005	25% - 50%	36-7452369
Family Gst Trust Under Julis Family 2005 Irrevocable Trust	Lp of the julis family lp	1 Aug 2005	25% - 50%	36-7445445
Friedman Family 2005 Gst Trust	Lp of the joshua s. friedman family lp	1 Apr 2006	25% - 50%	36-7452369
The Joshua S. Friedman Family Limited Partnership	Member	1 Jan 2009	25% - 50%	95-4687862
The Julis Family Limited Partnership	Member	1 Jan 2009	25% - 50%	95-4687863
Mitchell Ralph Julis	Member/manager	1 Dec 2018	50% - 75%	1223735
Linda Joleen Julis	Member	1 Dec 2018	50% - 75%	4381744
Joshua S. Friedman Revocable Gp Trust	Member	1 Dec 2018	50% - 75%	36-7476157
Beth C. Friedman Revocable Gp Trust	Member	1 Dec 2018	50% - 75%	36-7476158
Joshua Stephan Friedman	Manager	1 Dec 2018	50% - 75%	1315528
Pumada Llc	General partner	1 Dec 2018	Other	83-4142597
Llc Soldiers Field Park Products	General partner	1 Dec 2018	Other	83-4147786

Based in Los Angeles

The principal office where Canyon Capital Advisors LLC performs its advisory services is located at 2000 Avenue Of The Stars, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-272-1000 or by fax 310-272-1001. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at canyonpartners.com.