DDJ Capital Management has hired Michael Weissenburger as managing director and head of origination. The appointment is effective immediately. Previously, Weissenburger worked at Wells Fargo Capital Finance where he served as director of direct loan origination.
WALTHAM, Mass., November 9, 2015 – DDJ Capital Management, a leading institutional leveraged credit investment management firm, is pleased to announce the appointment of Michael Weissenburger, a seasoned financial executive, as managing director and head of origination, a newly-created role, effective immediately.
Mr. Weissenburger joins DDJ from Wells Fargo Capital Finance, a division of Wells Fargo & Company, where he served for ten years as director of direct loan origination. At DDJ, Mr. Weissenburger will be responsible for building out DDJ Capital’s private lending platform in the U.S. and Canada by developing relationships across several financing channels, including investment banks, commercial lenders, private equity firms, Business Development Companies (BDCs), restructuring advisors/consultants and other non-traditional lenders.
“A void exists in the marketplace for middle market financing expertise. Accordingly, we see a great opportunity for DDJ to expand our financing relationships and enhance our client opportunities in this space,” said Mr.
“We are very excited to welcome Michael, DDJ’s first professional dedicated solely to this effort, as a senior member of our investment team,” said David Breazzano, president and chief investment officer of DDJ Capital. “While DDJ has been providing financing solutions for both sponsor and non-sponsor transactions for almost 20 years, we see robust prospects for our growing involvement in this market. Michael brings a wealth of experience and knowledge in the debt originations area, and will successfully lead our efforts in driving opportunities for deal flows.”
Prior to his experience at Wells Fargo, Mr. Weissenburger held financial positions at Sonus Networks, Inc., Cognos, Inc. (since acquired by IBM Corporation) and Converge, Inc. Mr. Weissenburger received his MBA from Northeastern University and his BA from the University of Connecticut.
About DDJ Capital Management, LLC
DDJ Capital Management is an institutional manager of high yield bond and loan strategies based in Waltham, Massachusetts. Established in 1996, DDJ currently manages over $7.5 billion on behalf of corporate and public retirement funds, insurance companies, endowments, foundations and family offices worldwide. DDJ’s investment team consists of professionals highly specialized in the areas of credit research, legal analysis, bankruptcy law, portfolio management, trading and business operational improvements. For more information, please visit www.ddjcap.com.