Canyon Distressed Opportunity Fund III is the latest offering from distressed debt investor Canyon Partners. The fund follows Canyon Distressed Opportunity Fund II, which began investing investors' money at the end of August 2016.
Q4 2019 hedge fund letters, conferences and more
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Distressed Opportunity Fund III completed its first closing on November 1, 2019, and by February 1, 2020, the fund's managers had drawn 25% of its $541 million in capital commitments, that's according to a letter to investors dated February...

