This Famed Credit Giant Rushed to Deploy More Capital During The Market’s December “Seizure”

The asset markets were in turmoil in December, taking a bite out of even some of the best fund managers’ portfolios. One thing which made the last three months of 2018 so difficult to deal with was the fact that most asset classes plunged, leaving funds very few places to hide.

Q4 hedge fund letters, conference, scoops etc

“Painful” market disorder

Canyon Distressed Opportunity Funds II was down like most other funds, although Canyon’s management did not give a precise percentage of the decline in their recent letter to investors. In their Feb. 22 letter, which was reviewed by ValueWalk,  they described