Credit Funds Have a Rough Second Quarter

But firms such as Canyon still see opportunities in a variety of markets.

Stephen Taub July 19, 2022

Joshua Friedman and Mitch Julis, Canyon Capital Advisors

(Patrick Fallon / Bloomberg)

What a difference six months have made for credit funds.After reporting its best results in about a decade in 2021, the Gapstow Alternative Credit Index (GACI) posted a 3.3 percent loss in the second quarter. This was the index’s third-worst quarter since 2009. As a

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Contact Info

New York
1270 Avenue of the Americas, Suite 1100
New York, NY 10020
P: +1 212 224 3300

London
4 Bouverie Street
London EC4Y 8AX
P: +44 207 779 8888

Hong Kong
Unit 2488, 24/F
Lee Garden One,
33 Hysan Avenue
Causeway Bay, Hong Kong
P: +852 2912 8001

Corporate

About Us

Leadership Team

Careers

II Press Room

Digital

Masthead

Thought Leadership

Display Advertising

Reprints

FAQs

Events

Events Calendar

Memberships

Subscription

Subscribe to Premium

Register

Register for Free Account

Newsletters

Sign up for II newsletters

© 2025 Institutional Investor LLC. All material subject to strictly enforced copyright laws. Please read our Terms & Conditions, Modern Slavery Act Transparency Statement, Accessibility Statement and Privacy Policy before using the site.

4.12.03 build:2025-12-12 Login