Canyon Sees Opportunities In Distressed Debt But Remains CautiousRupert Hargreaves
The Canyon Distressed Opportunity Fund III held its first closing at the beginning of November 2019. It has so far called 50% of capital commitments. The total net asset value, including uncalled capital commitments, was approximately $1.7 billion at the end of September.
According to a copy of the fund's September update, which ValueWalk has been able to review, fund managers have deployed capital across various bankruptcy and liquidation . . .
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