With nearly $2 billion in committed capital, the Canyon-Johnson Urban Fund is the country’s largest private equity fund focused solely on the revitalization of American’s densely populated, ethnically diverse communities.

...We welcome the Canyon-Johnson Urban Funds to our great city, and we're very pleased that Earvin Johnson and Bobby Turner BELIEVE in Baltimore and are working with one of the city's finest real estate development companies, Struever Bros. Eccles & Rouse. Once complete, Village Commons will bring a wealth of new residential and retail opportunities to the Charles Village community."
- Martin O'Malley, Governor of Maryland

Canyon-Johnson Urban Fund was formed in 1998 when Earvin "Magic" Johnson's Johnson Development Corp. teamed up with Canyon Capital Realty Advisors to create an urban development fund focusing on the revitalization of America's densely populated, ethnically diverse communities.

The two firms raised close to $300 million to launch CJUF I, raised $600 million for CJUF II, and have recently closed on a $1 billion CJUF III fund. With nearly $2 billion in committed equity capital, the three funds are positioned to facilitate more than $8 billion in development and urban realization.