David J. Breazzano, MBA ’80
David J. Breazzano, MBA '80
David Breazzano is a co-founder, President and Chief Investment Officer of DDJ Capital Management, LLC, Waltham, MA, a registered investment advisor focusing on high yield, distressed, and special situation investing. Prior to forming DDJ, from 1990 to 1996, he was a vice president and portfolio manager in the High Income Group at Fidelity Investments, where he had investment management responsibility for over $4 billion in high yield and distressed assets. Specifically, he was a portfolio manager of the Fidelity Capital & Income Fund, which was one of the largest high yield funds in existence at that time. In addition, Mr. Breazzano co-managed the distressed investing operation at Fidelity. Prior to joining Fidelity in 1990, Mr. Breazzano was a vice president and portfolio manager at T. Rowe Price Associates. Before joining T. Rowe Price in 1985, he was a high yield analyst and vice president at First Investors Asset Management, which had over $1 billion in high yield assets under management. Mr. Breazzano began his professional career at New York Life as an investment analyst.
He currently serves on the boards of Bush Industries, Inc., Key Energy Services, Inc., Rita Restaurant Corp., and The Wornick Holding Company, Inc. Mr. Breazzano is co-author of the chapter entitled “Trading in the Distressed Market” in Investing in Bankruptcies and Turnarounds. Mr. Breazzano received his MBA from Johnson at Cornell University where he currently sits on the advisory board, and graduated cum laude with a BA from Union College, where he currently sits on the board of trustees.