Joshua S. Friedman Explained

Joshua S. Friedman
Birth Place:Boston, Massachusetts
Nationality:American
Occupation:Investor and businessman
Known For:Co-founder of Canyon Partners
Years Active:1984-present
Co-founder, Co-chairman and CEO of Canyon Partners

Joshua S. Friedman (born 1956) is an American businessman and co-founder of Los Angeles–based hedge fund Canyon Partners.[1] [2]

Early life and education

Friedman grew up near Boston. His father was a mechanical engineer who served during World War II before he finished college. His mother was a public-school teacher.

He graduated summa cum laude from Harvard College in 1976, where he studied physics. In 1978 he went to the University of Oxford on a Marshall Scholarship where he received a master's degree in politics and economics, graduating with honors. He then returned to Harvard as a Baker Scholar, earning an M.B.A. from the Harvard Business School in 1980.[3] He graduated magna cum laude from Harvard Law School, where he was the recipient of the 1982 Sears Prize.[4] [5]

Early career

After completing his studies at Harvard, Friedman was employed at Goldman, Sachs & Co., where he worked in their M&A group.[6] In 1983 Friedman joined Drexel Burnham Lambert and later became director of capital markets for high yield and private placements.[7]

Canyon Partners

In 1990, Friedman and Mitchell Julis co-founded Canyon Partners,[8] an employee-owned[9] alternative asset management company[10] that is headquartered in Los Angeles, California.

Awards and honors

Friedman is a recipient of Institutional Investor's "Lifetime Achievement" award in 2014, he's considered a pioneer in the hedge fund industry.[11] In 2019, Friedman and his wife were recipients of the Ellis Island Medal of Honor.[12]

Philanthropy

Friedman is a member of the Board of Directors of Harvard Management Company,[13] the Harvard Business School Board of Dean's Advisors[14] and the Harvard University Task Force on Science and Engineering.[15] Friedman serves as a Trustee for the Andrew W. Mellon Foundation,[16] the California Institute of Technology (Caltech),[17] the Los Angeles Philharmonic, and the Los Angeles County Museum of Art (LACMA).[18] He is a member of the Investment Committees for the Broad Foundation,[19] the J. Paul Getty Trust and chair of the LACMA Finance Committee. He also serves on the Boards of Advisors of the UCLA Hospital Department of Neurosurgery[20] and the UCLA Anderson School of Management.[21]

References


Notes and References

  1. Web site: Joshua S. Friedman - CNBC. www.cnbc.com. 2019-09-01.
  2. Web site: Canyon Capital Thrives in a Transforming Financial Landscape. Rose-Smith. Imogen. 2 October 2014. Institutional Investor. 19 September 2019.
  3. Web site: Joshua S. Friedman - CNBC. www.cnbc.com. 2019-10-06.
  4. Web site: Joshua S. Friedman - CNBC. www.cnbc.com. 2019-09-19.
  5. Web site: Bio - Friedman, Joshua. SALT Conference. en-US. 2019-09-19.
  6. Web site: Harvard Adds Hedge Fund CEO, Ex-Fed Governor to Endowment Board. McDonald. Michael. 24 August 2015. www.bloomberg.com. 2019-09-01.
  7. Web site: Joshua S. Friedman Los Angeles Business Journal. labusinessjournal.com. 30 July 2018 . 2019-09-08.
  8. Web site: Canyon Capital Thrives in a Transforming Financial Landscape. Institutional Investor. en-gb. 2019-09-01.
  9. Web site: Leadership Canyon Partners. www.canyonpartners.com. 2019-09-08.
  10. Web site: Joshua S. Friedman Los Angeles Business Journal. labusinessjournal.com. 30 July 2018 . 2019-09-01.
  11. Web site: Josh Friedman, the hedge fund titan who predicted the mortgage crisis, explains why his firm is spending $1 billion to short the commercial real estate market. Ciolli. Joe. Business Insider. 2019-09-01.
  12. Web site: 2019 Ellis Island Medal of Honor Recipients. eihonors.org. 2019-09-01. 2019-07-15. https://web.archive.org/web/20190715102613/http://eihonors.org/medal-of-honor/2019-medalists. dead.
  13. Web site: About HMC: A Singular Mission. Harvard Management Company. en-US. 2019-09-25.
  14. Web site: Bio - Friedman, Joshua. SALT Conference. en-US. 2019-09-25.
  15. Web site: Star-Friedman Challenge for Promising Scientific Research will double to include HMS, HSPH faculty. 2018-05-18. Harvard Gazette. en-US. 2019-09-25.
  16. Web site: Kathryn Hall Succeeds Danielle S. Allen as Board Chair of The Andrew W. Mellon Foundation, Thelma Golden and Joshua Friedman Join the Board. Washington. Laura. 6 March 2019. Mellon.org. 25 September 2019.
  17. Web site: Trustee List Board of Trustees. bot.caltech.edu. 2019-09-25.
  18. Web site: Michael Heizer's Levitated Mass to Open at LACMA June 24 LACMA. www.lacma.org. 2019-09-25.
  19. Web site: Kathryn Hall succeeds Danielle S. Allen as Board Chair of The Andrew W. Mellon Foundation, Thelma Golden and Joshua Friedman Join the Board. 6 March 2019. Cision. 25 September 2019.
  20. Web site: JOSHUA FRIEDMAN Los Angeles Business Journal. labusinessjournal.com. 19 May 2019 . 2019-09-25.
  21. Web site: Who's Who at UCLA Anderson. UCLA Anderson School of Management. en. 2019-09-25.

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