Canyon Capital Profits From Carl Icahn’s ActivismRupert Hargreaves
Los Angeles-based hedge fund Canyon Partners doesn't see many opportunities in the current market. The firm, which has around $23 billion of assets under management, is "significantly underinvested" according to co-CEO Joshua Friedman. Speaking with Bloomberg in Davos, Switzerland, at the end of January, Friedman declared that in the current environment, where rates and spreads are low, new issue market is "particularly unattractive."
For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks.
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible