Newsmaker

October 02, 2005|By JILL ROSEN

K. Robert "Bobby" Turner

Occupation

Co-chairman of Canyon-Johnson Urban Fund and managing partner of Canyon Capital Realty Advisors.

In the news

Along with his partner, Earvin "Magic" Johnson, and Baltimore developers Struever Bros. Eccles & Rouse, Turner, a Baltimore native, broke ground last week on Village Commons, a residential/retail development in Charles Village for which Canyon-Johnson provided most of the equity. He is scouting other city developments to invest in.

Career Highlights

After graduating from Pikesville Senior High School, he attended the Wharton School at the University of Pennsylvania. Upon graduation, he joined the investment banking firm Drexel Burnham Lambert, where he split his time between Drexel's New York office and Michael Milken's high-yield bond division in Beverly Hills, Calif. In 1992, he joined his partners to form Canyon Capital Advisors and Canyon Capital Realty Advisors.

Personal

Turner, 42, lives in Los Angeles with his wife and two children. An outdoor enthusiast, he rides mountain bikes, plays tennis and enjoys playing hoops with urban fund partner Johnson.

Philosophy

The "double bottom line. ... Making money and contributing to society need not be mutually exclusive."

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