NIBC NATIONAL INVESTMENT BANKING CO M P E T I T I O N & CO N F E R E N CE 2 0 1 3 C O M P E T I T I O N F I N A L I S T S Comp etition Finalist s Undergraduate Division Alpha Capital University of Toronto (Rotman) Capital Markets Group Ryerson University (Ted Rogers) Delta Capital University of British Columbia (Sauder) A Few Good Men University of Saskatchewan (Edwards) Husky Dawgs Finance Group University of Washington (Foster) JT Marlin University of Waterloo Mustang Capital Partners University of Western Ontario (Ivey) #NAME? Wilfrid Laurier University & University of Waterloo Olin Capital Washington University, St. Louis (Olin) Potomac Advisors Georgetown University (McDonough) Six Sigma University of British Columbia (Sauder) Team Ivey University of Western Ontario (Ivey) UPenn University of Pennsylvania (Wharton) Utes Capital University of Utah (Eccles) Voyte Capital Simon Fraser University (Beedie) MBA Division The All-Nighters Concordia University (John Molson) BBCG University of Toronto (Rotman) Currency Crusaders University of Toronto (Rotman) GT Capital Advisors Georgia Institute of Technology (Scheller) The Masters of Finance University of Toronto (Rotman) Misers University of British Columbia (Sauder) QSB Capital Queen’s University QSB Securities Queen’s University SIBC York University (Schulich) WRIJ Investments University of Toronto (Rotman) NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Competition Finalists | 1 Undergraduate Division Alpha Capital Shahin Shafiei, Tom Stratford, Violeta Peczulis, Richard Strauss ROTMAN SCHOOL OF MANAGEMENT, UNIVERSITY OF TORONTO All four members of the Alpha Capital group are in their final year in the Rotman Commerce program at the University of Toronto, specializing in Finance and Economics. Shahin has previously worked as a Research Assistant at the Rotman School of Management. He completed an Investment Banking internship at Jacob Securities this past summer, a boutique investment bank focusing on renewable power. He enjoys playing professional sports and traveling. Tom is an avid musician who plays in both the Engineering Jazz Band as a trumpet player and in his own rock band. He will be returning to the Corporate Finance division at RBC Capital Markets in Toronto, where he worked this past summer. Violeta has previously worked at the Rotman Financial Research and Trading Lab and a boutique investment dealer in Toronto. She joined RBC Capital Markets in their M&A group this past summer, where she will be returning full-time. Richard enjoys playing a range of sports as well as completing military-style obstacle courses (e.g. Tough Mudder) for fun. Richard will be starting at Accenture as a Business Analyst in their Management Consulting Development Program. Capital Markets Group Tadeh Ghalustians, Kyle Priest, Paul Blennerhassett, Daniel Smith TED ROGERS SCHOOL OF MANAGEMENT, RYERSON UNIVERSITY Capital Markets Group consists of four young professionals completing their last year at Ted Rogers School of Management. Daniel Smith has spent two years at Scotiabank as an analyst within the Automotive Finance and Indirect Lending group which oversees a $15 billion portfolio. Paul Blennerhassett has previously interned as a consultant with a boutique venture capital firm. Assisting with corporate debt issuance and M&A assignments, Tadeh Ghalustians is currently interning at a private equity firm in Toronto. Kyle Priest has previously interned with IA Clarington Investments and currently oversees the investment mandate at Ryerson’s Capital Market Group. Delta Capital Hirsch Keshav, Cherry Xu, Sarah Barr, Gianfranco Perucho SAUDER SCHOOL OF BUSINESS, UNIVERSITY OF BRITISH COLUMBIA Delta Capital is made of up four undergraduate students at the Sauder School of Business in UBC. Sarah is currently in her final year of the Finance option and is attending the DAP program after graduating from Sauder. Following DAP she will be working with KMPG, focusing primarily on the Financial Services and Real Estate industries. Hirsch is a fourth year Accounting student. Prior to NIBC, Hirsch worked as a Research Assistant in Sauder, studying correlations between credit default swap trading and stock returns. Gianfranco and Cherry are both graduating from the Finance option this year and contribute strong valuation and financial modelling skills. Delta Capital is looking forward to this incredible opportunity to showcase their skills and talents in investment banking. 2 | Competition Finalists NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 A Few Good Men Kent Janostin, Brennan Toh, Matthew Hamilton, James Sawatzky EDWARDS SCHOOL OF BUSINESS, UNIVERSITY OF SASKATCHEWAN A Few Good Men is a team of future finance professionals from Saskatoon, Saskatchewan. All team members are well versed in the faction of corporate finance and have independently indulged in the study of investment banking. The team has extensive experience in case competitions and eagerly anticipates the fabled crucible of NIBC. Academic excellence and financial fervency are prevalent motivators that compel this team of amicable gentlemen to compete. Above all else A Few Good Men sees NIBC as a great opportunity to apply and refine their skills, as well as acquaint themselves with the investment banking industry from those who know it best. Husky Dawgs Finance Group Griffin Phillips, Minh Le, Andre Dugaw, Brian Chance FOSTER SCHOOL OF BUSINESS, UNIVERSITY OF WASHINGTON The Husky Dawgs Finance Group takes great pride in being the first team to represent the University of Washington at the National Investment Banking Competition 2013. This team consists of 4 senior undergraduate students: Minh Le, Andre Dugaw, Brian Chance, and Griffin Phillips. They seek to leverage their diverse backgrounds in finance, economics, operations management and previous competition experience in order to maximize their synergy potential as a team and to deliver top-notch results. JT Marlin Jimmy Cheng, Louis Hong, John Liu, Wesley Liao UNIVERSITY OF WATERLOO JT Marlin is very excited about participating in the 2013 Conference Finals. Their team consists of four keen and driven students from University of Waterloo’s Mathematics Faculty. Jimmy has previous worked at Ontario Teacher’s Pension Plan and pitched an idea to manage 19.8B worth of the fund’s portfolio. Louis has worked as a staff accountant at KPMG and is a specialist in analyzing financial statements. John has a strong background in capital markets from his experience on the trading floor at TD Securities. Last but not least, Wesley worked in Portfolio Analytics and Risk Management as a Business Analyst at Capital One. Together, they hope to lever their diverse background in accounting and finance to help succeed at this year’s competition. Mustang Capital Partners Kevin Zhou, Kevin Gryp, Feroz Qayyum, Rohit Guntur RICHARD IVEY SCHOOL OF BUSINESS, UNIVERSITY OF WESTERN ONTARIO Mustang Capital Partners comprises of business and engineering students from the Richard Ivey School of Business and Western University. professional experience includes internships in investment banking, investment management and financial advisory at Bank of America Merrill Lynch, Deloitte, Evercore Partners, Goldman Sachs, Mawer and Morgan Stanley in New York, Toronto and Calgary. NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Competition Finalists | 3 #NAME? Michael Yong, Gregory Chua, Christopher Gliszczynski, Isaac Ng WILFRID LAURIER UNIVERSITY & UNIVERSITY OF WATERLOO Comprising of fourth year students in the Business Administration & Mathematics Double Degree program at University of Waterloo and Wilfrid Laurier University, this team appreciates the opportunity to compete in the final rounds of the 2013 National Investment Banking Competition & Conference. #NAME? has an array of unique experience including investment banking at Barclays Capital in Toronto, actuarial consulting at AON in Vancouver, investment finance at OTPP in North York, and investment & asset strategy at TD in Toronto. #NAME? looks forward to leveraging their skills and knowledge along with their diverse work experience to compete with the top teams from across Canada. Olin Capital Timothy Wang, Daniel Duggal, Russell Holm OLIN SCHOOL OF BUSINESS, WASHINGTON UNIVERSITY IN ST. LOUIS With three members, Olin Capital is excited to compete with and learn from our peers at this year’s National Investment Banking Competition. Russell is a senior majoring in Finance and International Business. He has experience in cross-border mergers and acquisitions following an internship in Paris. Timothy is a junior majoring in Finance and Chinese. He recently completed an internship with technology startup CivicScience in the San Francisco Bay Area. Daniel is a junior studying Finance and Economics. This summer he interned in private equity at a family office, valuing leveraged investments and improving portfolio companies. The team is eager to apply its knowledge and proud to represent the Olin Business School student body. Potomac Advisors Charles Kim, Oltan Akin, Jake Liu, Lance Ho MCDONOUGH SCHOOL OF BUSINESS, GEORGETOWN UNIVERSITY Team Potomac Advisors consists of four undergraduate students from Georgetown University. Charles Kim is a sophomore at Georgetown’s McDonough School of Business double majoring in Finance and OPIM, and is originally from Pasadena, California. He is currently an intern at the Alternate Investments Division of the American Red Cross Endowment and Retirement Systems Investment Team. Oltan Akin is a sophomore at Georgetown’s McDonough School of Business double majoring in Finance and OPIM, and is originally from Fredericksburg, Maryland. He is currently the portfolio manager of the Consumer and Retail Sector of Georgetown University’s Largest Student Investment Fund with over $400,000 AUM. Oltan was also a summer intern at PriceWaterhouseCooper’s Management Consulting Division. Yuchen (Jake) Liu is a junior at Georgetown’s College of Arts and Sciences double majoring in Biology and Economics, and is originally from Gaithersburg, Maryland. He was a summer research assistant at the Georgetown Medical School. Yi-Hsien (Lance) Ho is a sophomore at Georgetown’s McDonough School of Business double majoring in Finance and Management, and is originally from Taipei, Taiwan. He was a summer contract research assistant at the Chung-Hua Institute of Economic Research, a top Taiwanese Economic Think-Tank. 4 | Competition Finalists NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Six Sigma Michael Tsui, Julie Shin, Cindy Lynn, Tony Liu SAUDER SCHOOL OF BUSINESS, UNIVERSITY OF BRITISH COLUMBIA Six Sigma Group is comprised of four driven students from the Sauder School of Business with diverse backgrounds in Finance, Accounting, and Economics. Tony Liu has worked at TD as an advisor where he became the youngest individual to win the bank’s highest award, and also won 1st place in a 300 student stock competition. Cindy Lynn has worked in treasury and risk management at BC Hydro, and has conducted credit analysis on industrial clients. Julie Shin has worked at a hedge fund and Korea Investment Management where she looked into the transportation and consumer goods industry. Michael Tsui has worked at Deloitte’s Audit Practice serving mining, consumer product, and energy clients. The Six Sigma Group looks forward to apply its expertise to this competition. Team Ivey Linda Xu, Sid Mittal, Jing J. Ding RICHARD IVEY SCHOOL OF BUSINESS, UNIVERSITY OF WESTERN ONTARIO Team Ivey consists of three 4th-year students from the Richard Ivey School of Business who are genuinely passionate about the financial services industry. Linda has previously interned as a Private Equity Analyst at Leonard Green & Partners in Los Angeles and an Investment Banking Analyst at TD Securities in Toronto. Jing has worked as an Investment Banking Summer Analyst at Macquarie Hong Kong and is familiar with fundamentals about the real estate industry. Sid has worked as an Investment Banking Summer Analyst in Greenhill’s Toronto office and has had experience with the mining industry. Team Ivey thinks NIBC is a great learning opportunity and is looking forward to meeting all finalists in Vancouver. UPenn Larry Tang, Stefano Solari, John Lu, Oliver Zhang THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA The UPenn team comprises of four juniors representing the Wharton School and the University of Pennsylvania. Larry is studying finance, marketing, and operations and information management. John Lu is studying material science, marketing and finance. Oliver Zhang is studying Economics, Health & Societies, and Statistics and has previously worked in an investment banking firm, Echelon Partners, and a private equity firm, ICG Group. Stefano Solari is studying Economics, Mathematics, and Statistics and has experience working at a fund of funds in addition to a real estate investment firm. NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Competition Finalists | 5 Utes Capital Bao Nguyen, Thania Burningham, Arthur Jessop, Andres Lancheros DAVID ECCLES SCHOOL OF BUSINESS, UNIVERSITY OF UTAH Utes Capital is comprised of four undergraduate students from the University of Utah. Bao is completing a degree in finance and has gained valuable experiences through various internships in risk management and private equity. Thania is a junior majoring in finance, she is currently one of 16 students chosen as a portfolio manager in University Student Investment Fund which currently has $200,000 under management. Arthur is a senior majoring in finance and currently interning as an analyst for the endowment fund at the University of Utah which oversees $560 million. Andres is a first year student in the Business Scholars program at the University of Utah and is majoring in finance and economics with a minor in mathematics. Utes Capital looks forward to applying their knowledge and experiences gained in the classroom and internships to compete with top teams in the National Investment Banking Competition. Voyte Capital Andy Bath, Connor Buss, Adrian Siy-Yap, Ryan McCutcheon BEEDIE SCHOOL OF BUSINESS, SIMON FRASER UNIVERSITY All members of Voyte Capital were chosen earlier this year to manage Canada’s largest undergraduate student run portfolio, the Beedie Endowment Asset Management (BEAM) fund with $5MM AUM. In addition, Connor Buss, a third year Finance and Economics student, provides valuation experience through his analyst position at a small business valuation firm. He is also the President of SFU’s Finance Club. Adrian Siy-Yap, a third year Finance and Economics student, brings a strong analytical skill set developed from his time as a BEAM analyst and competing in case competitions across North America. Andy Bath, a fourth year Finance and Accounting student, sharpened his analytical skills during his co-op work term in Research In Motion’s treasury department. This summer, he looks forward to starting his career as a Finance Analyst with Procter & Gamble. Ryan McCutcheon, a third year Finance and Entrepreneurship student, provides strong public speaking and idea generation skills gained from significant case competition exposure and will be broadening his skill set by studying on exchange at ESCP Europe next year. 6 | Competition Finalists NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 MBA Division The All-Nighters Hani Abouchahine, Alena Vinogradova, Max Lenarciak, Justin Persaud JOHN MOLSON SCHOOL OF BUSINESS, CONCORDIA UNIVERSITY Alena brings a diverse, international perspective to the team; she recently came to Canada from Russia, where she was a successful entrepreneur. She is currently interning with a Toronto based hedge fund. Max attended Harvard University and The American University of Rome for his undergraduate studies, attaining a Bachelor of Science. He is the Chief Investment Officer of Goodman Institute Fund Management where he is the Portfolio Manager of the program’s flagship Canadian Equity Income Portfolio and Co-Manager of the program’s Global Macro Fund. He interned at DundeeWealth over the summer before becoming an Analyst in the fall. Justin graduated from Ryerson University with a B.Comm, Finance. He is Co-Manager of Goodman Institute Fund Management’s Global Macro Fund. He worked for RBC and Mackenzie Financial prior to pursuing his MBA. Hani graduated from Dalhousie University with a B.Comm, Finance. He’s completed four internships spanning his diverse interests in finance. All team members are second year students and Level II CFA Candidates. BBCG Jan Brand, Justin Bilechuk, Jean-Philippe Garant, Helen Kei Cheung ROTMAN SCHOOL OF MANAGEMENT, UNIVERSITY OF TORONTO Justin Bilechuk, Jan Brand, Helen Kei Cheung, and Jean-Philippe Garant are firstyear students in the Masters of Financial Economics (MFE) Program at the University of Toronto – a collaborative program between the Rotman School of Management and the Department of Economics. Prior to the MFE, Justin received a degree in Economics from McMaster University, Jan received a Joint Honours degree in Economics & Finance from McGill University, Helen worked as a summer intern for the Hong Kong firm Prime Investment Group LTD, and JP received a First-Class Honours degree in Economics from McGill University. Currency Crusaders Jeremy Lin, Lane Theriault, Jay Burke, Gaurav Bhide ROTMAN SCHOOL OF MANAGEMENT, UNIVERSITY OF TORONTO Lane has worked as an Investment Advisor for Scotia McLeod in Calgary prior to attending Rotman. He recently spent his summer in the investment banking department at Citigroup, and will be returning there at the end of his studies. Gaurav spent four years as a computer engineer with AMD, where he earned his professional designation. He completed a summer internship in Equity Research with BMO Capital Markets, and will return to join the Investment Banking team upon graduation. This past summer, Jay worked at UBS as an associate on the institutional equities desk in both a sales and trading capacity. Prior to this role, Jay spent 2 years working in a commodities brokerage firm based in Toronto. Jeremy has worked as an equities trader at a U.S. proprietary trading firm based in Las Vegas prior to attending Rotman. He recently spent his summer in the Real Estate group at Ontario Teachers’ Pension Plan. NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Competition Finalists | 7 GT Capital Advisors John Morris, Chris Madsen, Josh Tucker, Malcolm Neave SCHELLER COLLEGE OF BUSINESS, GEORGIA INSTITUTE OF TECHNOLOGY GT Capital Advisors is made up of four individuals in their first year of the Georgia Tech Scheller College of Business MBA Program. As a small business owner, Chris brings the perspective of an entrepreneur, with developed skills and experience in a diverse range of industries including engineering, commercial real estate, manufacturing, sales, marketing, and distribution. John brings four years of experience in financial services with a focus most recently on consumer credit risk modeling. Malcolm is a polymer engineer by degree and brings three years of experience in the lubricants industry in roles ranging from supply chain to sales. Josh has three years of experience providing equity research and has completed the three CFA exams. The Masters of Finance Truman Chen, Kedar Rindani, Lindsay Sinclair, Todd Mackenzie ROTMAN SCHOOL OF MANAGEMENT, UNIVERSITY OF TORONTO Truman Chen, Todd Mackenzie, Kedar Rindani and Lindsay Sinclair are students in the Master of Finance (MFin) program at Rotman School of Management. Truman is a manager in the Valuation and Business Modelling group at Ernst & Young. Todd is an analyst serving high net worth clients at one of Canada’s largest investment dealers. Kedar is a Chartered Accountant (CA) by professional training and has worked at Ernst & Young servicing Banking and Capital Markets clients. He is currently part of a bank wide rotational program at TD Bank. Lindsay works in sales and trading at Deutsche Bank where she provides fixed income and derivative solutions to institutional clients. Truman, Todd and Lindsay are CFA charterholders. The team is excited about the opportunity of competing with other high caliber teams at NIBC 2013. Misers Graeme Millen, Greg Macdonald, David Tiedje, Lewis Peattie SAUDER SCHOOL OF BUSINESS, UNIVERSITY OF BRITISH COLUMBIA Originally from the UK, Lewis has a diverse background in education and consulting and has recently completed a summer internship with Bain & Company in Stockholm. David is a Professional Engineer with a background in Construction Management, and recently joined RBC Global Asset Management in fund operations. With a background in medical technology, Greg recently completed an internship as a Financial Analyst at Hecla Mining, a silver producer. Graeme spent 5 years with a cleantech start-up prior to working in corporate development with Teck Resources. QSB Capital Can Wang, David Marshall, Harp Dhaliwal, Geoffrey Wong QUEEN’S SCHOOL OF BUSINESS, QUEEN’S UNIVERSITY QSB Capital is comprised of four exceptional MFin students with diverse backgrounds. Can Wang has completed a double masters of management degree from Aston University of England and EM Lyon in France. She has worked as an analyst in portfolio management and private placement investments. Geoffrey Wong received his bachelor’s degree from University of Waterloo with a double major in Biotechnology and Economics. He has completed internships in a variety of industries including non-profit, RIM, CGI Group and TD Securities. Harp Dhaliwal is currently working as a cost estimator for an aerospace conglomerate and is a BBA graduate with distinction from the University of Toronto. Dave Marshall is a Summa Cum Laude finance graduate from York University with a diverse background spanning entrepreneurship, accounting, mining finance, and operational roles. 8 | Competition Finalists NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 QSB Securities Wei (David) Guo, Mudassir (Modi) Mohammad, Ashkan Fakhary, Jialiang (Kevin) Qiu QUEEN’S SCHOOL OF BUSINESS, QUEEN’S UNIVERSITY QSB Securities comprises of four talented individuals completing their final semester of Master of Finance program at Queen’s School of Business. Modi has been working as a database analyst with State Street Global Advisors (SSgA). He is responsible for managing consultant relationships and supporting the senior marketing team with various activities. Ashkan has a background in import/export and he is currently working on his start-up company. David has worked at Birks and Mayors as a corporate finance analyst. He has experience in financial statement analysis, conducting due diligence, and working with boutique investment banks to raise new capital. Kevin has worked at BMO and HSBC Securities as an analyst. He recently joined TD Securities as an analyst and is responsible for reviewing complex derivatives transactions. SIBC Talal Al Jandali, Mo Nikjoo, Irshad Khan, Varun Mehrotra SCHULICH SCHOOL OF BUSINESS, YORK UNIVERSITY Talal Al Jandali has a Bachelor Degree from Saint Mary’s University with a double major in Finance and Human Resources and a minor in computer science. He is also a CFA level 3 candidate. He has over 6 years of buy side experience covering emerging markets analyzing mainly equities. Mo Nikjoo has a PhD from University of Toronto in Electrical and Computer Engineering. He is the VP of Schulich Investment Banking Club and has worked at BMO as summer intern. Irshad Khan has a Bachelor’s Degree in Economics from Simon Fraser University and has attained the Chartered Financial Analyst Designation. He has spent over 5 years working in Foreign Exchange Sales and Trading both in Australia and Canada. Upon completing his MBA he will be joining CIBC World Markets in their Capital Markets Trading Rotational Program. Varun Mehrotra is a Chartered Accountant with over 7 years of experience in Investment Banking and Private Equity. Before joining Schulich, he has raised a USD 515 mn PE fund along with ex. Managing Partner of Citi PE in India. WRIJ Investments Raymond Lam, Wen Lei, Iffat Kashif, Jiten Mistry ROTMAN SCHOOL OF MANAGEMENT, UNIVERSITY OF TORONTO Rotman WRIJ Investments is comprised of four individuals from the Master of Finance (MFin) program at the Rotman School of Management. Raymond has over four years of experience in investment consulting and manager research at Manulife Financial, advising on more than $40 billion in assets. Jiten has over three years of experience in structuring mid-market corporate finance deals at BMO Financial Group with specialization across multiple industries. Iffat has over 12 years of experience in asset management with expertise in emerging markets. Her most recent positions include Executive Director, Strategy & Business Development and Chief Investment Officer at BMA Asset Management. Wen has more than six years of capital market risk and valuation experience. She currently leads an Asset Liability Management team at Manulife Financial. Raymond, Jiten and Wen are CFA charterholders. NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Competition Finalists | 9 Participating Schools University of British Columbia University of Western Ontario Queen’s University University of Toronto York University University of Pennsylvania University of Chicago Northwestern University University of California, L.A. Georgetown University University of Waterloo McGill University Wilfred Laurier University McMaster University Concordia University Georgia Institute of Technology Johns Hopkins University Washington University, St. Louis Ohio State University Arizona State University Ryerson University University of Ottawa University of Alberta University of Calgary University of Victoria Brigham Young University University of Wisconsin, Madison University of Minnesota University of Washington Pepperdine University Simon Fraser University University of Saskatchewan University of Regina Dalhousie University University of Manitoba University of Georgia University of Utah Villanova University University of San Diego University of Houston Université Laval Florida International University University of Mumbai 10 | Competition Finalists NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Partners Sponsors Participating Firms NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2013 Competition Finalists | 11 Be recognized, nationwide. NIBC Founded in 2007, the National Investment Banking Competition & Conference (NIBC) is an established organization which brings together students from 40 universities and over 130 professionals in an annual case competition and which run parallel to each other. This year’s Competition, E Nconference CE which has drawn over 150 teams comprised of 588 Undergraduate and MBA students, will culminate in the Final Round in January 2013, during which 300 students will be attending the Conference. With the assistance of a committed Board of senior finance professionals, NIBC has become the most comprehensive investment banking competition and conference catered to students in North America and serves as one of the best opportunities to learn about investment banking and the capital markets. NATIONAL INVESTMENT BANKING 2013 Competition Finalists C O M P E T I T I O N & CO N F E R nibc.ca