DDJ Capital Management is an institutional investment firm, specializing in investments within the leveraged credit markets. Established in 1996 and based in Waltham, Massachusetts, the firm makes investments in high yield bonds, syndicated bank loans, and debt instruments, issued by non-investment grade companies in mid-cap markets. The client base of the firm constitutes corporate and public pension funds, endowment funds, insurance companies, mutual fund sponsors and other domestic and foreign institutional clients.