Joshua S. Friedman is co-founder, co-chairman and co-CEO of Canyon Partners, a leading global alternative asset management firm headquartered in Los Angeles. Canyon manages approximately $19 billion in assets, specializing in credit-oriented investments for endowments, foundations, pension funds, sovereign wealth funds and other institutional investors. Its strategies focus on bank debt, distressed debt, high-yield and convertible bonds, securitized assets, direct investments, arbitrage and value equities. Canyon also invests in real estate through Canyon Capital Realty Advisors and the Canyon Johnson Urban Fund, and in emerging market debt securities through ICE Canyon.
Friedman is a graduate of Harvard College (B.A., summa cum laude, Phi Beta Kappa, Physics), Oxford University (M.A., honors, politics and economics, Marshall Scholar), Harvard Law School (J.D., magna cum laude) and Harvard Business School (MBA, Baker Scholar). Before he formed Canyon, Friedman was director of capital markets for high-yield and private placements at Drexel Burnham Lambert. Prior to that, he worked in Goldman Sachs' mergers and acquisitions department in New York.
Friedman serves as a trustee for the Los Angeles County Museum of Art, where he is also on the Finance and Investment Committee; the California Institute of Technology, where he also sits on the Investment and the Jet Propulsion Laboratory committees; The Washington Institute for Near East Policy; the California Science Center Foundation; and the UCLA Hospital neurosurgery department. Friedman is also an active Harvard alumnus.
Friedman and his wife, Beth, live in Los Angeles with their three sons.