Canyon Value Realization Fund, L.P.
Canyon Value Realization Fund, L.P. is a hedge fund based in Dallas, Texas. According to its most recent Form D, filed Jan 21, 2026, the fund has sold $5,410,463,879 of interests to 897 investors since its first sale in Nov 1993. The minimum investment it accepts from an outside investor is $3,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jonathan Kaplan; Canyon Capital Advisors LLC; Joshua Friedman.
Performance
No returns have been reported for this fund. As a rough guide, Canyon Capital Advisors LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +58.4% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +65.1% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $5,410,463,879Cumulative sales reported on Form D
- Investors
- 897
- First sale
- Nov 1, 1993
- Minimum investment
- $3,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jonathan Kaplan; Canyon Capital Advisors LLC; Joshua Friedman
- Latest Form D
- Jan 21, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Canyon Value Realization Fund, L.P.
What is the minimum investment for Canyon Value Realization Fund, L.P.?
According to its latest Form D, filed Jan 21, 2026, the minimum investment Canyon Value Realization Fund, L.P. accepts from an outside investor is $3,000,000.
Who can invest in Canyon Value Realization Fund, L.P.?
Canyon Value Realization Fund, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Canyon Value Realization Fund, L.P. raised?
Canyon Value Realization Fund, L.P. reports $5,410,463,879 sold from 897 investors on its Form D filed Jan 21, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Canyon Value Realization Fund, L.P. based?
Canyon Value Realization Fund, L.P. is based in Dallas, Texas and is managed by Canyon Capital Advisors LLC.
When did Canyon Value Realization Fund, L.P. launch?
Canyon Value Realization Fund, L.P. reports its first sale in Nov 1993.
Size compared with every hedge fund
Raised more than 99% of the 541 hedge funds based in Texas, and more than 99% of all 10,197 that report sales.
Other funds with the same team
- Canyon Value Realization Fund (Cayman), Ltd.$19B
- Canyon Balanced Fund (Cayman), Ltd.$3.0B
- Canyon Balanced Fund L.P.$2.6B
- CDOF IV Cayman Fund, L.P.$259M
- CDOF IV Delaware Fund, L.P.$219M
- Canyon Multi-Asset Credit Fund (Cayman), L.P.$150M
- Canyon ESG Fund (Delaware), L.P.$138M
- Canyon ESG Fund (Cayman), Ltd.$105M