ENRST & YOUNG LLP

LOS ANGELES, California, United States PCAOB Registered

Funds Audited

Total GAV

$1.3B

Funds Audited

Fund Name	Adviser	Type	GAV
CANYON RC REAL ESTATE FUND L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$239.8M
CANYON RC REAL ESTATE FUND L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$239.8M
CANYON OZF FILLMORE L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$41.6M
CANYON OZF FILLMORE L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$41.6M
CANYON OZF ACADEMY RENO L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$38M
CANYON OZF ACADEMY RENO L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$38M
CANYON OZF DOUGLASS L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$36.5M
CANYON OZF DOUGLASS L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$36.5M
CANYON OZF SYMPHONY PARK L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$34.7M
CANYON OZF SYMPHONY PARK L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$34.7M
CANYON OZF ABERNETHY LOFTS L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$32.5M
CANYON OZF ABERNETHY LOFTS L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$32.5M
CANYON OZF BURIEN L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$30.6M
CANYON OZF BURIEN L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$30.6M
CANYON OZF RIVERSIDE L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$29M
CANYON OZF RIVERSIDE L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$29M
CANYON OZF FSU L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$28M
CANYON OZF FSU L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$28M
CANYON OZF 19S L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$27.8M
CANYON OZF 19S L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$27.8M
CANYON OZF TIGARD L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$26.2M
CANYON OZF TIGARD L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$26.2M
CANYON OZF UNION L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$25.6M
CANYON OZF UNION L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$25.6M
CANYON OZF LYNNWOOD L.P.	CANYON PARTNERS REAL ESTATE LLC	Real Estate Fund	$23.5M