Nicholas High Income Fund, Inc. Portfolio Manager
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Lawrence J. Pavelec, CFA
Chief Operating Officer, Executive Vice President and Separate Account Portfolio Manager
Industry experience: 41 years
Nicholas Company Tenure: 22 years
Larry Pavelec serves in a leadership position for Nicholas Company as the Chief Operating Officer and head of product distribution. This position involves collaborating with the other senior members of the Management Committee on strategic initiatives for the Company. He also serves as an analyst and client portfolio manager for the separately managed account equity portfolios.
Larry joined Nicholas Company in 2003, to serve as the portfolio manager for the Nicholas High Income Fund and lead the product distribution effort. Larry's career as a credit analyst and portfolio manager began in 1984 with M&I Investment Management Corp., where he focused on investment-grade corporate bonds, asset-backed securities and mortgage-backed securities. Before joining Nicholas, he was with Brandes Investment Partners as the co-manager for Brandes Fixed Income Partners, serving as portfolio manager and head of marketing for the firm.
Larry earned his B.S. in Finance from the University of Wisconsin at La Crosse. He has served on various non-profit boards over the years including the Mequon-Thiensville Education Foundation and North Shore Country Club. He has earned the right to use the CFA designation and is a member of the CFA Society Milwaukee.