David Breazzano

Head of Team, Portfolio Manager

Mr. Breazzano co-founded Polen Capital Credit in 1996 and has more than 41 years of experience in high yield, distressed, and special situations investing.  At Polen Capital Credit, he oversees the investment team and chairs the Investment Review Committee. Mr. Breazzano also sits on the Operating Committee of Polen Capital Management (the parent company to Polen Capital Credit).  In addition, Mr. Breazzano serves as co-portfolio manager of  the Polen Credit U.S. Opportunistic High Yield and Polen Credit Upper Tier U.S. High Yield strategies. Prior to forming Polen Capital Credit, 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 is the author of the chapter entitled “Distressed Investing” in Leveraged Financial Markets: A Comprehensive Guide to High-Yield Bonds, Loans, and Other Instruments and co-author of the chapter entitled “Trading in the Distressed Market” in Investing in Bankruptcies and Turnarounds.  Mr. Breazzano serves as a member of the board of directors for the Children’s Trust Fund following his appointment by Massachusetts Governor Charlie Baker in 2016. He received his MBA from the Johnson School at Cornell University where he currently is a member of the university’s board of trustees. Mr. Breazzano graduated cum laude with a BA from Union College, where he also currently sits on its board of trustees.