General Investing >> Money Manager Interviews >> August 25, 1997

William J. Morgan – Pacholder Associates

WILLIAM J. MORGAN is President and Managing Director of Pacholder Associates, Inc. Mr. Morgan is responsible for the supervision of the firm's portfolio managers and oversees the firm's financial and investment advisory efforts. Mr. Morgan has significant experience investing in the distressed sector. He has been responsible for the overall management of Pacholder's investment management operations since the inception of Pacholder and is currently in charge of the day-to-day operations of Pacholder's distressed portfolios. Prior to co-founding Pacholder Associates in 1983, he was the Fixed Income Portfolio Manager at the Union Central Life Insurance Company and was responsible for research and management of a wide variety of securities, primarily fixed income debt obligations of the U.S. Government and corporate issuers. Mr. Morgan is also a member of the Board of Directors of ICO, Inc., The USF&G Pacholder Fund, Inc., Duckwall-Alco Stores, Inc., Kaiser Ventures, Inc., Christopher Steel, Inc., Clubhouse Enterprise, Inc., Manna Pro Corporation, Premium Wear, Inc. and Smith Corona Corporation. He received a B.A. Degree from Kenyon College and M.B.A. Degree from Xavier University. Profile
TWST: Why don't we start by your giving us a description or profile of

your firm?

Mr. Morgan: Pacholder Associates was formed in 1983 to invest in below-

investment-grade debt securities on