Canyon Recoups Losses, Preps New Fund

The Los Angeles–based firm was negative for the year before the first week of October, which put it back on track. The firm is also getting ready to debut another fund.

Although much has been made of the recent spike in volatility that has roiled the stock market over the past few months, this phenomenon spread to the credit markets and most others as well.

For proof, look no further than the third-quarter reports from Los Angeles–based Canyon Partners, known for its investments in various fixed-income and credit markets.The

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