What’s New
Jul 08, 2009
In support of existing investments in Grede Foundries, Inc., certain investors managed by DDJ Capital Management, LLC provided an emergency DIP facility to the Company, enabling Grede to conduct an orderly reorganization process.Jun 01, 2009
Court approves sale of Milacron to a group of existing investors led by Avenue Capital Group and DDJ Capital Management, LLC.Apr 01, 2009
David Breazzano, President and CIO, discusses the falling economy and the opportunities it presents to the distressed investor in the Spring edition of Cornell Enterprise onlineMar 02, 2009
As part of restructuring deal, DDJ Capital Management, LLC and Avenue Capital, Milacron's largest holders of senior secured notes, provide $80mm DIP facilityContact Us
DDJ Capital Management, LLCStony Brook Office Park
130 Turner Street
Building 3, Suite 600
Waltham, MA 02453
email us
Our Team
DDJ Capital Management is led by three industry veterans: David J. Breazzano, David L. Goolgasian Jr. and Anthony M. Ranaldi.
David J. Breazzano, President, Chief Investment Officer
Mr. Breazzano is a co-founder of DDJ and has over 28 years of experience in 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.
Mr. Breazzano currently serves on the boards of Bush Industries, Inc., Key Energy Services, Inc., and The Wornick Holding Company, Inc., and is co-author of the chapter entitled "Trading in the Distressed Market" in Investing In Bankruptcies and Turnarounds. Mr. Breazzano received his MBA from the Johnson School 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.
David L. Goolgasian Jr., Principal, Portfolio Manager
Mr. Goolgasian joined DDJ in 1996 at the inception of the firm and has more than 16 years of research, trading and portfolio management experience in the equity, high yield and distressed securities markets. He previously served as research analyst and head trader at DDJ. As portfolio manager, Mr. Goolgasian is responsible for all day-to-day portfolio management responsibilities for DDJ's Hedge Fund Strategy in addition to managing and sourcing investments in the restaurant sector across all of DDJ's products.
Prior to joining DDJ, Mr. Goolgasian was at Fidelity Investments, where he worked with David Breazzano, co-founder of DDJ, from 1993 to 1996 in the High Income Group as assistant high yield trader. From 1992 to 1993, he worked in Fidelity’s accounting and custodial area. Mr. Goolgasian received his MBA from Boston University and his BS from Bentley College. He currently serves as a member of the Board of Directors of Rita Restaurant Corp. and Applied Extrusion Technologies, Inc.
Anthony M. Ranaldi, Principal, Portfolio Manager
Mr. Ranaldi joined DDJ in 2002 and has more than 12 years of experience investing in the high yield, distressed and equity markets. As portfolio manager, Mr. Ranaldi is responsible for all day-to-day portfolio management of DDJ's High Yield Strategy.
Mr. Ranaldi has led numerous public and private financings, corporate restructurings and M&A transactions across a wide range of companies within the communications, publishing, retail, consumer products and textile sectors. Prior to joining DDJ, from 2000 to 2002, he was an associate at Spectrum Equity Investors, a private equity firm specializing in telecom and media. From 1997-2000, he was a research analyst in the High Yield Group at Morgan Stanley Dean Witter. Mr. Ranaldi earned his BA from Princeton University.