Canyon’s Ba to Take Extended Sabbatical

The firm isn’t saying why partner and senior portfolio manager Allen Ba is taking a break until the fourth quarter.

Canyon Capital Advisors has suffered a major — but possibly temporary — management loss.

Allen Ba, a partner and a senior portfolio manager who has been with the firm since 2001, has taken a sabbatical from the Los Angeles–based multistrategy firm. He is expected to return in the fourth quarter.

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