Canyon Capital Advisors manages investments across various asset classes, including bank debt, high yield, distressed securities, and equities. Canyon provides discretionary advisory services to private investment vehicles and managed accounts. Canyon emphasizes fundamental credit analysis and seeks to capitalize on market inefficiencies.
Canyon Capital Advisors typically charges clients an asset-based fee, which is between 1% and 2% annually based on the value of the investments managed. Fees are usually paid monthly or quarterly. Canyon also charges an incentive-based fee, generally 20% of the net profit in a client’s account, subject to certain adjustments. Fees may be negotiable.