PRIVACY NOTICE
CANYON CAPITAL ADVISORS LLC
CANYON CAPITAL REALTY ADVISORS LLC
2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES, CA 90067
PRIVACY NOTICE
(initial notice as required by SEC Regulation S-P and the Gramm-Leach-Bliley Act)
The Securities and Exchange Commission and the Federal Trade Commission have adopted new rules that require financial institutions, like Canyon Capital Advisors LLC and Canyon Capital Realty Advisors LLC , to provide privacy policy notices to their clients. Canyon Capital Advisors LLC and Canyon Capital Realty Advisors LLC believe that protecting the privacy of current, former and prospective investors and their personal information is of the utmost importance and we are fully committed to maintaining the privacy of such information in our possession. In accordance with the new rules we are providing current and prospective investors with the following information.
Canyon Capital Advisors LLC and Canyon Capital Realty Advisors LLC collect nonpublic personal information about current and prospective investors from the following sources: information we receive from current and prospective investors on managed account agreements or subscription documents and related forms (for example, name, address, social security number, birth date, assets, income, investment experience); and (ii) information about investor's transactions with Canyon Capital Advisors LLC and Canyon Capital Realty Advisors LLC Canyon Capital Advisors LLC and Canyon Capital Realty Advisors LLC We restrict access of current, former and prospective investors' nonpublic personal information to our affiliates and their personnel, counsel and auditors who need to know that information in order to (i) ensure compliance with applicable laws and regulations or (ii) provide products or services to the investors. Accordingly, Canyon Capital Advisors LLC and Canyon Capital Realty Advisors LLC maintain physical, electronic and procedural controls in keeping with federal standards to safeguard the nonpublic personal information about current, former and prospective investors that is in our possession.
If, at any time in the future, it is necessary to disclose any of a client's personal information in a way that is inconsistent with this policy, Capital Advisors LLC and Canyon Capital Realty Advisors LLC will give advance notice of the proposed change so that its clients will have the opportunity to "opt out" of such disclosure.



