Canyon Partners Expands Its Private Credit Team
Canyon Partners, a prominent global alternative investment manager with
$27 billion in assets, is taking significant steps to bolster its private credit platform. Recently, the firm announced the addition of William Im as a
Managing Director based in their New York office. This strategic hiring underscores Canyon’s commitment to enhancing its capabilities in the dynamic private credit landscape.
William Im comes to Canyon with an impressive background, having amassed over
15 years of experience in the private credit sector. His most recent role was as a Director in the
Global Credit Opportunities group at BlackRock, where he played a pivotal role in establishing and expanding BlackRock’s private credit platform. Before his tenure at BlackRock, Mr. Im made significant contributions at
Apax Partners,
SVPGlobal, and
Bank of America Merrill Lynch. His deep knowledge of market intricacies will undoubtedly serve Canyon as it seeks to navigate and capitalize on the complexities of private credit investing.
As Canyon Partners continues to grow, the firm plans to leverage Mr. Im's expertise in various credit investment efforts. Jeff Kivitz, Partner and Chief Investment Officer at Canyon, expressed enthusiasm about the new addition, stating, "
Having navigated the complexities of the private credit marketplace for over a decade, Will's extensive experience will enable our team to remain agile and strategic in today's evolving investment environment." This sentiment reflects Canyon’s proactive approach in tackling the intricacies of credit markets and adapting to their shifts.
Moreover, Mr. Im will work alongside seasoned professionals such as Scott Borenstein and Davide Amico, who serve as Partners and Co-Heads of Private Credit. Together, they will be instrumental in driving Canyon’s investment strategy forward while ensuring it remains aligned with market trends and investor needs.
About Canyon Partners
Founded in 1990, Canyon Partners is well-known for its
deep value, credit-intensive approach spanning public and private corporate credit, structured credit, and direct real estate lending. The firm focuses on capturing excess returns accessible to investors equipped with specialized expertise, rigorous research capacities, and the ability to underwrite complex situations. They invest on behalf of an extensive range of institutions globally, reflecting their robust investment philosophy and strategic insight.
With the hiring of William Im, Canyon Partners reinforces its commitment to fostering a talented team adept at navigating the complexities of private credit investing. This expansion is not just about numbers; it reflects a holistic approach to investment that values expertise and adaptability in a rapidly changing market. As Canyon prepares to scale its private credit platform, the firm positions itself to maximize returns while providing enhanced value to its investors.
For further details and updates regarding Canyon Partners, interested parties can visit their official website at
www.canyonpartners.com.