The Wharton School Class of 2018 2nd Year Resume Book...19 Taylor Charles Neason Full Time MBA - 2018 20 Jennifer Soyoun Park Full Time MBA - 2018 21 Jock Payten Full Time MBA - 2018

The Wharton School

Class of 2018 2nd Year Resume

Book

Resume Book DetailsAcademic Year: 2018

DescriptionThe Wharton Resume Book for the Class of 2018, Second Year.

Who Can ApplyStudent Group(s): 2nd Year MBAs, 1st Year MBAs, Exchange

TABLE OF CONTENTS

# STUDENT NAME PROGRAM CLASS1 Jennifer Melodie Auvray Full Time MBA - 20182 Carla Cecilia Benavides Full Time MBA - 20183 Carlos Abel Bonilla Full Time MBA - 20184 Andrew Isaac Chang Full Time MBA - 20185 Max I-qing Chou Full Time MBA - 20186 Kevin Chibuike Chukuka Full Time MBA - 20187 Michael Dave Finn Full Time MBA - 20188 Rahul Garg Full Time MBA - 20189 Vivek Goyal Full Time MBA - 201810 Qun Guo Full Time MBA - 201811 Hyuk Soo Han Full Time MBA - 201812 Lucy Luming Hong Full Time MBA - 201813 Matthew Jevsevar Full Time MBA - 201814 Yilun Li Full Time MBA - 201815 Nhokyeong Lim Full Time MBA - 201816 Wesley Zhu Wen Lim Full Time MBA - 201817 Yang Lu Full Time MBA - 201818 Richard Mancco Full Time MBA - 201819 Taylor Charles Neason Full Time MBA - 201820 Jennifer Soyoun Park Full Time MBA - 201821 Jock Payten Full Time MBA - 201822 Julia Yuyan Pei Full Time MBA - 201823 Ray Xu Peng Full Time MBA - 201824 Coby Welcome Powers Full Time MBA - 201825 Eduardo San Martin Full Time MBA - 201926 David William Sobel Full Time MBA - 201827 Xin Zhou Full Time MBA - 201828 Yisha Zhou Full Time MBA - 2018

JENNIFER AUVRAY, CFA 1700 Chestnut Street | Philadelphia, PA 19103 | 267-205-2049 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Majors in Business Analytics and Management

Philadelphia, PA

2016-2018 • Active in Technology, Data Analytics, Healthcare, Tennis, Ski & Snowboard, Yoga clubs • President of Wharton French Club, Board member of Wharton Wine club

EM-LYON BUSINESS SCHOOL Master of Science in Management with Honors; Majors in Management and Finance

Lyon, France

2005-2009 • Attended France’s top ranked business school • Participated in exchange with Universidad Autónoma de Barcelona, Spain in 2007

UNIVERSITY OF PARIS-DAUPHINE Bachelor of Science in Applied Mathematics

Paris, France

2002-2005 • Attended France’s most selective university (15% admittance rate)

EXPERIENCE

PIMCO Portfolio Management Summer Associate

Newport Beach, CA

Summer 2017 • Developed a model in VBA to forecast duration impact from Fed B/S reduction and increased US Treasury issuance • Coded an empirical study in Python to analyze market signals driving Japanese investments in foreign bonds • Conducted research on the impact of technology on prices in the healthcare sector and presented results to top management

CARDIOLOGS – Startup leveraging Machine Learning for cardiac diagnostics through EKG Business Strategy – Part-time

Philadelphia, PA

Spring 2017-Present • Performed market analysis and financial forecasts for second round of funding ($5mm) among US VC investors • Designed the go-to-market strategy for product launch in the US (pricing strategy, target customers, sales force) • Initiated relationships with the healthcare industry to build partnerships (opinion leaders, hospitals, device manufacturers)

BNP PARIBAS, CORPORATE & INVESTMENT BANKING DIVISION Senior Trader in Equity Derivatives

London, UK

2012-2016 • Promoted to BNP’s Top Talent Program in 2012: highly selective program (top 3% of senior employees) • Managed European equity markets trading book of $30bn through derivative trades; team’s annual P&L exceeded $240mm

and outperformed P&L target by 21% on average over four consecutive years • Engaged with over 150 clients and broker dealers across the globe and traded over 20 deals daily of $20mm on average • Led cross-functional committees to launch firm’s products in Russia, Poland and Israel, and negotiated with multiple

stakeholders (marketing, compliance, risk, tax, IT, legal, operations and global strategy departments) • Led project to build local desk in South Africa, supervised IT development and trained team of six to become traders • Analyzed trading book data through coding to identify profit sources by region/client/product and created new products such

as special paired equity swaps for US clients to leverage trade ideas based on the analyses’ results Trader in Securities Lending

2010-2012

• Promoted to BNP’s Emerging Talent Program: fast-track training preparing high potential employees for management • Managed Asian and European trading books of $10bn in assets on repos and stock loans with team annual P&L of $35mm • Designed internal database using SQL to measure key metrics for exclusive portfolios, saving 70% of execution time

ADDITIONAL INFORMATION

• Interests: snowboarding, kitesurfing, half-marathon running, backpacking, wine tasting, film editing • Languages: French (native), Spanish (intermediate) • Technical skills: Experienced in Java, Python, VBA, R, SQL, Bloomberg, Excel, PowerPoint; Proficient in MatlLab • Community: Volunteer with Eclaireuses & Eclaireurs de France, secular and coed scout organization, since 2002

- Directed summer camps in France and abroad with 100+ participants - Organized humanitarian plan in West Africa (Benin): raised funds for initiative, built center for teenage orphans

CARLA BENAVIDES, CFA 2020 Walnut St. Unit 12A Philadelphia, PA 19103 | +1-267-346-2079 | [email protected]

EDUCATION

THE WHARTON SCHOOL & THE LAUDER INSTITUTE, UNIVERSITY OF PENNSYLVANIA

Master of Business Administration Candidate; Major in Finance

Master of International Studies Candidate; Focus in Latin America and Portuguese

Philadelphia, PA

2016-2018

• Wharton Social Impact Initiative Fellow, developed business plan for renewable energy start-up

• Member of Wharton’s FinTech, Technology, Social Impact (2017 NYC career trek leader), PE/VC clubs

UNIVERSIDAD DEL PACIFICO

Bachelor of Science in Economics; Concentration in Macroeconomics and International Economy

Lima, Peru

2009-2011

• Rank 2/72; GPA 16.50/20

Bachelor of Business Administration 2004-2009

• President’s Honor List 2005-2008; Student Government Association 2005; Rank 1/84; GPA 17.03/20

EXPERIENCE

CREATION INVESTMENTS - Emerging market-focused private equity firm with $350M AUM

Summer Associate, Investment Team

Chicago, IL

Jul-Aug 2017

• Analyzed Brazilian financial technology, and receivables funds (FIDC) markets via independent research, identified and

presented 50 companies and funds to watch

• Modeled multi-scenario financial projections, analyzed add-on acquisition optionality determining deal structure, drafted term

sheet for potential investment resulting in submission of letter of intent

PAYJOY - Financial technology start-up (Series A)

Strategy and Operations Summer Associate

SF, CA/MX City, MX

May-Jul 2017

• Worked cross-functionally, cross-country with Finance, Risk, Marketing, and Operations teams leading and achieving US-MX

accounting integration, and pilot setup with data vendor expected to improve credit underwriting and sales lead generation

• Built PayJoy Mexico financial model, managed select investor relations resulting in successfully raising $1M debt facility and

obtaining $15M credit line proposal

• Collaborated with Mexico Country Manager to develop ideas for business partnerships, presented company, assisted first sales

leading to successful partner onboarding and product roll-out

PRIMA AFP - Pension fund with $12B AUM

Equity & Credit Research Associate

Equity & Credit Senior Research Analyst

Lima, Peru

2013-2016

2012-2013

• Selected for “High Potential Group” after one year in company, awarded to less than 3% of holding company’s employees

• Performed fundamental research on US and Latin America consumer, retail and agribusiness sectors; covered 20 companies

Analyzed industry trends, built complex financial and valuation models, cultivated relationships with senior management

teams and sell-side analysts, active in site visits and industry conferences

Integrated bottom-up and top-down analyses in collaboration with Strategy team, presented equity and credit investment

recommendations to portfolio managers and top executives contributing positively to funds’ performance

• Persuaded senior management to incorporate responsible investing practices, led team of four and cross-department

coordination; innovations resulted in Prima’s positioning as the country’s leading responsible institutional investor

METIS GAIA - Boutique development consulting firm

Consultant

Lima, Peru

2011-2012

• Managed team of three working with public sector client in wholesale produce markets industry demonstrating $6M

incremental earnings potential through revenue model restructuring

• Led team of five in helping Japanese government-appointed team assess the Peruvian carbon market, liaised client team with

public officers and private companies, built client’s trust leading to additional engagements

• Launched and managed education-focused non-profit arm; pilot programs directly impacted 175 children and teenagers


• Technical Skills: Basic SQL, HTML; proficient in Bloomberg, Capital IQ, Stata, Eviews, VBA

• Community: Summer external consultant at IFC (Lima, Peru); team leader and member of education-focused NGOs

• Certification: CFA (Chartered Financial Analyst) charterholder; passed all three levels on first attempt

• Languages: Spanish (native), Portuguese (fluent), French (advanced)

• Interests: Emerging market dynamics, dancing (Latin, hip-hop), traveling (25+ countries, 3 continents), trying new foods

CARLOS ABEL BONILLA JR Philadelphia, PA 19103 | Mobile: (786) 200-9684 | [email protected]| https://www.linkedin.com/in/carlosbonilla1

EDUCATION THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Major in Business Analytics

Philadelphia, PA 2016-2018

• Hispanic American MBA Association (WHAMBAA) VP of Finances and Corporate Sponsors, Member of Wharton’s Investment Management Club, Fintech Club, Wharton Restructuring and Distressed Investing Club

• Wharton Social Impact Initiative Fellow – Selected to work with the Penn wide Wharton Social Impact Initiative to study Private Equity firms with self-identified social impact mandates

FLORIDA STATE UNIVERSITY Bachelor of Science in Finance and Applied Economics

Tallahassee, FL 2007-2011

EXPERIENCE VANGUARD Emerging Market Active Fixed Income Portfolio Management Team, MBA Summer Intern

Malvern, PA Summer 2017

• Shadowed and completed ad hoc analysis for portfolio managers, traders and research analysts managing Vanguard’s active emerging market sovereign and corporate bond mandates

• Created a historical emerging market corporate bond database in Python with historical daily credit spreads stripped of idiosyncratic sovereign credit risk premium for all benchmark bonds by calculating daily interpolated sovereign yield curves

• Developed a relative value screening tool for emerging market corporate bonds in Python providing dynamic reports adjusting credit premiums for time series trends, qualitative factors, market risk beta and stale pricing sources

CITI GLOBAL MARKETS INC Global Investment Lab Analyst, Assistant Vice President

New York, NY 2013-2016

• Quantitative analyst responsible for family office portfolio analytics and internal investment screening tools - App developer for business intelligence tool used by over 1200 front office staff; wrote the underlying SQL queries,

managed the GUI design and trained sales on effectively using the tool to proactively manage client portfolios - Co-developer for a recommendation algorithm used to identify over 8000 hedge fund, private equity and structured

notes investment opportunities for client portfolios. Senior management used the algorithm results to match global sales targets for new investment offerings

- Re-optimized Americas senior management investments call by implementing video conferencing, pitch templates and a formal sales tracking format to increase participant retention and improve individual sales targets for bankers

• Transitioned to a client facing role advising clients on implementing investment goals and completing ad hoc analysis - Built a niche in sourcing investment solutions with positive social impact mandates and/or environmental, social and

governance aware (ESG)mandates - Designed the asset allocation for a US$400M mandate used to finance a philanthropic endeavor to perpetuity by using a

strategic cash flow management process that matched the endeavor’s cash needs while minimizing capital gain sales Sales and Trading Analyst Program 2011-2013 • Emerging Market Structured Credit Trading, Second Year Analyst: vetted and built detailed financial models for

collateralized financing structures, Brazilian and Colombian cross border risk debt offerings, exchange traded fund creation and redemption, first to defaults baskets and bond options

• Responsible for assisting with term sheets, trade confirmation, and execution of LatAm onshore and offshore FX derivatives, Brazil and Colombia local currency bonds, off shore vanilla and quanto asset swaps, collateralized lending deals and cross border project financing deals

• Latin America Institutional Sales, First Year Analyst: Sales coverage for Latin American financial institutions for foreign exchange and fixed income markets

• Prepared marketing material for currency mismatched collateralized loans, built asset swap pricing models and edited credit agreements

ADDITIONAL INFORMATION • Community Leadership: New York Cares Team Leader - Appointed to coordinate and manage over 50 ad-hoc teams of

volunteers for projects in NY such as: Monthly fieldtrips with children from a homeless shelter in the South Bronx, Saturday homework help with Kipp Star charter school, Life Rolls On (assisting paraplegic athletes to surf), community garden maintenance, Hurricane Sandy recovery events

• Sponsors for Educational Opportunity Career and Scholars Mentor - Mentored high school students in SEO scholars program, a free eight-year academic program that gets low-income public high school students to and through college

• FINRA Licenses: Series 7, 63, 65 • Language: Native Spanish speaker • Skills: R, Python, Bloomberg, @Risk, Qlikview, capital market execution, JIRA project management • Interests: Big Data, ESG Investments, Community Development, Social Enterprise, Road Biking

ANDREW I. CHANG 1930 Chestnut St, Apt 15A, Philadelphia, PA 19103 | (314) 258-0774 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Major in Management

Philadelphia, PA

2016-2018 Groups: Wharton Investment Management Fund (Fund Fellow), Wharton Ice Hockey, Japan Club, GUIDE Mentoring GMAT: 760 (99th Percentile) STANFORD UNIVERSITY Bachelor of Science; Major in Management Science & Engineering

Stanford, CA

2007-2011 GPA: 3.83 / 4.00, Honors: Phi Beta Kappa (top 1/10th of Stanford class), Tau Beta Pi (top 1/5th of Engineering class) Groups: Stanford Finance (CEO 10-11), Ultimate Frisbee Team, DreamCatchers (Director of Outreach), Alumni Mentoring Study Abroad: Stanford Center for Technology and Innovation (SCTI) – Kyoto (Doshisha University) SAT I: Math: 800, Verbal: 690, Writing: 800

EXPERIENCE

PARNASSUS INVESTMENTS, $25Bn Value-Oriented Mutual Fund Summer Equity Research Analyst, Generalist

San Francisco, CA

Summer 2017 Evaluated potential investments in the largest traditional food retailer and the leading immuno-oncology biopharma company Presented investment recommendations to the fund’s portfolio managers, culminating a new investment for the firm DARLINGTON PARTNERS, $900MM Concentrated, Long-Biased Hedge Fund Associate, Generalist

Greenbrae, CA

2013-2016 Identified opportunities and conducted fundamental research on public and private companies across all industries as part of

four person team managing concentrated $900 million portfolio of 8-12 investments with a 3-5 year investment horizon Sole analyst responsible for the fund’s media/telecom investments, including managing two of the fund’s largest positions

and running the entire diligence process on a potential European media investment Led the investment process in a Mexican wireless tower company, the fund’s first emerging markets investment Analyzed the merits of a problematic, existing consumer-telecom investment; determined that the investment was no longer

consistent with our investment thesis and helped oversee our subsequent sale of the position Expanded fund’s competency into new consumer industry sub-sectors: early education, leisure, and OEM suppliers Spearheaded diligence process for potential private investments in a short-line railroad and a large craft brewer GOLDMAN SACHS INVESTMENT PARTNERS, $8B Long-Short Equity Hedge Fund Senior Analyst, Consumer Team

New York, NY

2011-2013

Senior analyst on four person team investing in consumer-related companies, managing $800 million long/short portfolio Sole analyst responsible for covering the team’s consumer staples investments totaling over $300 million Led the investment process on a US jewelry retailer, concluding with a $50MM+ investment and generating one of the

consumer team’s best single year returns of over 50% Evaluated and executed investments in three different recent spin-offs of US food and beverage companies Sole US analyst working with Asia team to pursue opportunities in the Japanese consumer electronics sector resulting in two

of the consumer team’s best performing short positions

ADDITIONAL INFORMATION PROJECT OPEN HAND, Non-Profit Providing Nutritious Meals to Critically Ill Strategic Advisor to CEO; Junior Board Member

San Francisco, CA

2014 – Present Advised CEO on process improvements, organizational restructuring, and decision to exit East Bay site Served on three-year strategic planning committee to improve long-term fiscal and organizational health One of ten chosen for Young Professional’s Council, helping fundraise and spread awareness to support Project Open Hand Interests: St. Louis Cardinals, Golden State Warriors, Racquet Sports, Flyertalk, Teaching Ice Skating, Word Games Honors: St. Louis Youth Symphony Violinist, Debate National Qualifier, Missouri State Quiz Bowl Champion Languages: Intermediate Proficiency in Japanese and Basic Proficiency in Chinese (Mandarin)

MAX I. CHOU 42 S 15th St., Apt 1507 | Philadelphia, PA, 19102 | 781-640-6389 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Major in Finance with a Certificate in Law

Philadelphia, PA

2016-2018 Placed 1st at NYU Stern Non-Equity (Credit) Pitch Competition against 10 competing schools Member of Restructuring / Distressed (Board), WAAAM, Basketball, and Scotch & Whiskey (President) clubs Receipt of Robert Toigo Fellowship and David Fann Fellowship GMAT: 760 (99th percentile) BROWN UNIVERSITY Bachelor of Science; Major in Applied Mathematics-Economics

Providence, RI

2008-2012 Cumulative GPA: 3.8/4.0 SAT: 780 (Math), 780 (Writing), and 750 (Verbal) President of Brown Chinese Students Association; Board Member of Brown Annual Fund Young Alumni Council

EXPERIENCE

T. ROWE PRICE GROUP Summer Investment Analyst, High Yield and Special Situations Teams ($35B AUM)

San Francisco, CA

2014-2016

Initiated coverage on fitness club industry, encompassing 7 public and private issuers Researched & presented investment opportunity on distressed spectrum and satellite operators to Special Situations PM Provided individual investment recommendations for 5 PMs managing various strategies, ranging across performing high

yield, floating rate / leverage loans, mezzanine capital, and special situations opportunities

GOLDEN GATE CAPITAL Associate, Credit Investment Team (Angel Island Capital - $4B AUM)

San Francisco, CA

2014-2016 Evaluated 15+ investment opportunities. Participated in all facets of investment process, including due diligence, legal

document negotiation, and investment thesis development Primary associate for 20+ High Yield and Leveraged Loan investments worth ~$750M across chemicals, distribution, paper

& packaging, energy, and building products sectors Oversaw year-end fund valuation process by assembling data from team of accountants, auditing their findings against

internal numbers, and preparing materials sent to investors Select Transaction Experience $50M investment in distressed Industrial Distributor ($400M revenue): After meeting with CFO and CEO, accurately

forecasted downside scenario for distributor, supporting investment despite deteriorating financials and tightening liquidity $30M investment in 2nd Lien Term Loan of Packaging Manufacturer ($1.5B revenue): Accurately projected working capital

and profitability impacts of two tack-on acquisitions, two central components of investment thesis Sale of $15M investment in US Oil Field Service company: Evaluated unfavorable market dynamics and forecasted price

and margin declines, resulting in sale of position and avoidance of 40% loss

MORGAN STANLEY Analyst, Investment Banking Division (Leveraged Finance – Industrials)

New York, NY

2012-2014

Top Bucket Analyst (Top 10% of Class) Select Transaction Experience KKR’s $1.6B LBO of Brickman Group – Handled all business diligence questions from prospective investors during

roadshow for $1.0B buyout financing Energy Capital Partners’ $875M LBO of NESCO Rentals - Prepared and accompanied management team during company’s

first bond roadshow; company reduced its cost of debt by over 40%

ADDITIONAL INFORMATION Interests: Golf (Capt. of HS golf team), Quentin Tarantino movies, New England Patriots, yoga, Silicon Valley (TV show),

Pardon My Take (podcast) Favorite Books: Margin of Safety, How Will You Measure Your Life?, and Steve Jobs Languages: Mandarin (Conversational)

KEVIN CHUKUKA 2028 Rittenhouse Square, Apt 202 | Philadelphia, PA 19103 | (908) 907-3600 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA Master of Business Administration; Concentrations: Finance and Real Estate 2016 - 2018 • Member of Finance Club, Real Estate Club, African American MBA Association, Boxing Club • African American MBA Association, Corporate Sponsorship Director; Wharton Annual Business Forum, Operations Director • Recipient of Joseph Wharton Fellowship, awarded for outstanding records of academic and professional achievements PENNSYLVANIA STATE UNIVERSITY, THE SMEAL COLLEGE OF BUSINESS University Park, PA Bachelor of Science in Finance | Bachelor of Arts in Economics 2005 - 2009 • Dean’s List, 2005-2007 | Omicron Delta Epsilon International Economics Honor Society, April 2009 • Nittany Lion Fund: Equity Analyst (one of twelve finance students selected to manage $4.2 million school endowment fund)

EXPERIENCE

DIMENSIONAL FUND ADVISORS Austin, TX MBA Summer Associate Summer 2017 • Created strategic marketing and paid media strategies on franchise brand management, franchise sales and lead generation • Established paid media procedures and workflows while driving digital media penetration, increasing customer visits by 20% • Implemented multiple digital marketing and online presence methods and strategies such as: multi-channel traffic generation, social

media utilization, affiliate marketing, visual and contextual testing and mastering, SEO, SEM, and usability HSBC BANK USA, N.A. New York, NY AVP, Client Implementation Manager 2015 – 2016 • Executed seven complex open account deals simultaneously in the supply chain and receivables purchase product offerings • Liaised with sales, credit and relationship management teams to fund working capital facilities ranging from $1MM to $500MM

NAVIGATE CORPORATION (boutique consulting firm, primarily IT strategy, business operations, and risk) Philadelphia, PA Senior Consultant 2014 • Developed Excel-based financial projection model assessing a new health service platform of a global ambulatory care service

company with approximately $1 billion in billings per annum that informed outsourcing decision • Researched and benchmarked IT industry standards for client technology streamlining project, ensuring the effective evaluation,

prioritization and funding of a $75 million investment portfolio

i-COLOR WORKSHOP (iOS device repair and design customization service) Newark, DE Co-Founder 2012 – 2014 • Developed and led business strategy for five kiosk-based retail stores generating $4.5MM in total revenue • Performed qualitative analysis to drive operational efficiency resulting in a 45% decrease in service delivery time

ACCENTURE, LLC New York, NY Management Consultant 2009 – 2012 Business Readiness Consultant | Natural Resource Corporation • Designed, tested and implemented business and project readiness metrics analyzing the business readiness risk prior to Oracle EBS

Modules being deployed which led to 20% decrease in Solution Delivery Time

Quality Assurance Analyst | Health Insurance Provider • Led multiple HIPPA enhancement projects from end-to-end, which included identifying test cases and managing resources, reduced

project costs by 30%-50%

MORGAN STANLEY New York, NY Fixed Income Sales & Trading Summer Analyst Summer 2008 • Rotated through High Yield, Commodities, and Short–Term Credit shadowing Morgan Stanley employees within those desks for ten

weeks with the goal of learning about different roles and the importance of the department to the company

ADDITIONAL INFORMATION • Nonprofit: Project Manager at Umuchu Association of America, which delivers medical aid and funds agribusiness projects in Nigeria • Service: SEO Scholars Program Mentor; Provided weekly educational and career guidance to low-income NYC high school juniors • Language: Fluent in Igbo (native proficiency); elementary knowledge of French • Interest: Basketball (weekend warrior and New York Knicks fan), skydiving, traveling (15+ countries), photography (beginner)

MICHAEL D. FINN 1210 Chestnut St, Unit 407 | Philadelphia, PA 19107 | 917-557-3592 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Double Major in Finance, Strategy & Economics

Philadelphia, PA

2016-2018 • GMAT: 720 (Q: 48, V: 41, IR: 8) • Howard E. Mitchell Fellowship Program – Full Tuition Merit Fellowship | Toigo Foundation Fellow • Investment Management Club

o Equity Research Analyst for Wharton Investment Management Fund o West Coast Trek Leader

• Member of Rugby, Boxing, and African American MBA Clubs

CORNELL UNIVERSITY, COLLEGE OF ARTS & SCIENCES Bachelor of Arts; Major in Economics, Minor in Philosophy

Ithaca, NY 2007-2011

• Member of the Varsity Track & Field Team, Elected Student Assembly Representative, and Concert Commission

EXPERIENCE

FIDELITY INVESTMENTS Equity Research Analyst Intern - Materials

Boston, MA

Summer 2017 • Covered 6 packagers within the plastic and metal space (ATR, AVY, BERY, BMS, SEE, SLGN) presenting industry review

to 50+ portfolio managers and analysts • Initiated on 4 companies resulting in $62M in stock purchases by portfolio managers for buy ratings and $7M reduction for

sell rating (50% decrease in ownership) within 4 weeks of initiation and projected total shareholder returns of 29% • Conducted proprietary survey to 50 procurement professionals and used plant tour research as input into financial projections CAPITAL GROUP Pre-MBA Program Participant

Los Angeles, CA

Summer 2016 • Selected as 1 of 7 finalists for Capital Group’s inaugural Pre-MBA Mentorship Program • Presented stock pitches to 5 senior investment professionals, including Management Committee members THE BOSTON CONSULTING GROUP Senior Associate Associate

Atlanta, GA

2015-2016 Summer 2012, 2013-2015

Selected project experience: Private Equity Buyout: Market analysis and due diligence • Performed comparable company analysis to evaluate 2 potential portfolio acquisitions within the sporting goods space • Disseminated insights from 1200+ respondent consumer survey results to senior client and portfolio company executives

International Hotel Chain: Competitor analysis and due diligence • Oversaw focus groups in 6 cities across 2 continents to gain consumer insight into major peer-to-peer lodging companies • Analyzed 5k client and 89k competitor properties to determine risk level and competitor penetration in critical cities

Pharmaceutical Acquisition: Post-merger integration • Developed an analytical model to realize $112M in headcount synergies over 3 years • Served as chief point of contact in managing integration process for 2 business units across North America and EMEA LATIN COLLEGE PREPARATORY MIDDLE SCHOOL Co-Founder/Treasurer of the Board

Atlanta, GA

2014-2016 • Conducted vendor negotiations obtaining materials, food services, and janitorial services for 120+ students • Created budget and presented business plan to the Fulton School District securing funding for 230 students for FY '16

TEACH FOR AMERICA Secondary Math/Physics Teacher

Philadelphia, PA

2011-2013 • Planned and executed objective-driven daily lessons for 100 students in Algebra, Calculus, Economics and Physics • Administered after-school SAT Prep for upperclassmen raising average math and verbal section scores 40-60 points


• Interests: Music Production (GRAMMY Nominated), Debate, Sports (basketball, football, track), Personal investing • Technical Skills: SQL, Alteryx, Python (basic proficiency), VBA (basic proficiency)

RAHUL GARG, CFA 201 S 18th St, Apt 2009, Philadelphia, PA 19103 | 415-699-8654 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Majors in Finance and Statistics

Philadelphia, PA 2016 - 2018

VP (Macro) and Career Trek Leader, Investment Management Club; Squash Club; GUIDE Mentorship program Omnicom Communications Fellow; 1st place, T Rowe Price Credit Pitch Competition GMAT: 760 (99th percentile)

SWARTHMORE COLLEGE Bachelor of Arts; Major in Economics

Swarthmore, PA 2007 - 2011

GPA: 3.95. Graduated Phi Beta Kappa Co-founder, Swarthmore Squash; President, Swarthmore Business Association; Student Budget Committee Board

EXPERIENCE

PIMCO Portfolio Manager Summer Intern

Newport Beach, CA 2017

10-week internship program with structured credit and short-term bonds portfolio management teams Created framework to analyze whole business securitizations issued by restaurant firms, including scrutinizing legal

structure and building model to value embedded options. made recommendations on securities in existing portfolios, prepared credit write-up for new issue and presented conclusions to Investment Committee

Analyzed term-premium at front-end of the yield curve, creating an intuitive 3-factor model as a proxy for affine structure models used by the Fed; developed duration trading strategy to exploit short-term deviations from fair value

Examined the viability and trading implications of alternatives to the LIBOR benchmark funding rate Presented to the Investment Committee on the impact on inflation from technological disruption in the retail sector

Associate

2013 - 2016 Primary Product Associate for CIO Scott Mather on Global Bonds strategies and US Total Return fund (>$350B AUM) Advised firm's largest global clients, including sovereign wealth funds, central banks and pensions on portfolio strategy,

new investment mandates, currency hedging, derivatives usage, asset allocation and market commentary Constructed and successfully pitched multiple signals-based macro trading strategies for Global portfolios Co-launched and wrote macroeconomic publications: Global Update, Economics News Monthly, and GWM Quarterly Led creation of quarterly storyboard explaining macroeconomic trends and PIMCO's investment views, used globally in

client interactions. Regularly tapped to work directly with CIOs to create presentations for public events Became internal expert on performance attribution and competitors. Performed analyses on sources of return for flagship

strategies, and provided regular updates to CIOs and sales force on risk exposures and flows for top competitors

STIFEL, NICOLAUS & CO. Analyst

San Francisco, CA 2011 - 2012

Primary support banker for 6 Directors in Public Finance investment banking division Managed analytics, credit research and financing execution for 12+ municipal revenue bond issues (over $1.5B total

principal), ranging across utilities, transportation and economic development sectors Spearheaded first formal training program for firm's newly-hired analysts Sample transactions:

$908M Bay Area Toll Authority Revenue bonds - created multi-decade financing model for HOV project, designed interest rate scenario analysis and represented firm in finals and client's annual planning sessions

$53M Santa Rosa Wastewater Revenue Refunding Bonds - structured fixed rate issue to take out variable rate debt after analyzing costs versus Letter of Credit options; presented to client as well as rating agencies

NOMURA GLOBAL ALPHA LLC Trading Assistant

New York, NY 2010

Operated trade capture system linked to risk, allocation and compliance for CIO of fixed income hedge fund


Certifications/Skills: CFA, FINRA Series 3, 7, 52 and 63, R, VBA, SQL, Bloomberg, Haver, Python Publications: ‘Positive Prospects for Limited War in South Asia’, Journal of Defence Studies (IDSA); ‘BRICs:

Cooperation and Competition’, Hemispheres (Tufts) Think Together: Led weekly sessions to help high school juniors with admission essays and college advice (2014 - 16) Big Brothers Big Sisters OC: Mentored a high-school student on academics, extra-curriculars and career (2015 – 16)

VIVEK GOYAL 2116 Chestnut Street, Apt 2210, Philadelphia, PA 19103

267-342-2927 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA

Master of Business Administration Candidate; Major in Finance and Business Analytics

Philadelphia, PA

2016-2018

• Board member of Investment Management Club; Active member of Private Equity/ Venture Capital clubs

• Equity Research Analyst for Wharton IM Fund; Co-leader of London IM trek; Marketing coordinator for IM Conference

• GMAT: 770 (99th percentile)

INDIAN INSTITUTE OF TECHNOLOGY DELHI

Bachelor of Technology in Computer Science

New Delhi

2007-2011

• National Rank 56 among 400,000 students appearing for IIT entrance examination (99.99 percentile)

• National Rank 21 and State Rank 1 among 800,000 students appearing for the national engineering exam (99.99 percentile)

• Internship – IBM Research Lab. Published results at the European Conference on Parallel Computing, France

EXPERIENCE

T. ROWE PRICE London

Summer Intern Summer 2017

• Covered the mid-cap European beverage industry including Campari ($8.5B) and Britvic ($2.6B), among others

• Conducted meetings with senior management teams, interviewed 3 spirits distributors in US and 10+ industry insiders /

experts, interviewed 10+ grocery/ spirits retailers in UK and US, and conducted a survey to help determine conclusions

• Presented investment recommendations and industry review to 50+ investment professionals (PMs and analysts) globally

NOKIA GROWTH PARTNERS, $1.1B independent venture capital fund

Associate

Analyst

Helsinki

2015-2016

2013-2015

Executed eight investments ($40M+ in total) across US, UK, France, Germany and India. Achieved top-tier rating for three years

• Generated independent investment ideas, prepared detailed financial models, conducted end-to-end due diligence,

interviewed management teams, conducted quarterly review of portfolio and represented the firm at industry conferences

• Formulated investment thesis on ‘peer to peer car sharing’, ‘predictive analytics’, ‘IoT in enterprises’ and ‘local classifieds’;

evaluated 50+ companies worldwide in these sectors, resulting in four investments

• Assisted in developing fund-of-fund strategy leading to an investment of $30M across four early stage VC funds

• Developed a proprietary tool that identifies fast growing companies automatically by scraping the internet – improving

qualified global deal flow by 3x+

Selected Investments

• GetYourGuide, Berlin, ($50M Series C), Europe’s #1 mobile booking platform for tours and activities

• Drivy, Paris, ($35M Series B), Europe’s #1 peer to peer car rental company

• WorkFusion, New York ($14M Series C), machine learning based workforce automation solution

• Digital Lumens, Boston ($23M Series C), IoT based intelligent LED lighting solution for buildings and warehouses

• ZoomCar, India ($30M Series B), online car rental booking company

A.T. Kearney

Senior Business Analyst

Business Analyst

New Delhi

2013-2013

2011-2013

Received Global Great Client Work Award (awarded to the top project worldwide); Consistently top rated in my cohort

• Sector Experience: Media, Telecomm, Chemicals, Automotive and Agri-business

• Conducted due-diligence on Hollywood visual effects company resulting in $140M acquisition by PE firm

• Led 20+ industry interviews to identify $120M growth initiatives for DuPont’s agriculture business; facilitated workshops

for aligning global stakeholders

• Developed 5x growth strategy for DuPont Food-Business advocating new product launch and acquisitions

• Led undergraduate analyst recruitment across three campuses in India


• Sports: Half-marathon runner, State level Badminton player

• Personal Account: Actively manage $50k of personal money, all of which is invested in direct equities

STANLEY QUN GUO Address: 135 S. 17 St, PA,19103 | Mobile: +1 347 254 0481 | Email: [email protected]

EDUCATION


Master of Business Administration Candidate (GMAT: 770 - top 1% globally)

Philadelphia, PA

2016-2018

• Fund Fellow (12 selected out of 800 students) managing $2mn Wharton Investment Management Fund

• Co-President of Greater China Club; Vice President of Investment Management Club; Active member of Fin Tech Club

• Selected to represent Wharton in UNC Alpha Investment Challenge; Top 3 in “Portfolios with Purpose” stock competition

• Campus ambassador for Finimize (financial news), Prodigy Finance (P2P student loan) and Fresh Fresh (B2C fresh delivery)

NEW YORK UNIVERSITY, STERN SCHOOL OF BUSINESS

Bachelor of Science, Double Major in Finance and Economics

New York, NY

2009-2013

• GPA: 3.84/4.00 (Summa Cum Laude, top 5%); Teaching assistant of Equity Valuation class (Prof. Damodaran)

• Activities: Co-founder of Stock Investment Society, an inter-school platform for passionate student investors

• Honors: Morgan Stanley IB case competition 2nd place in U.S.; Teach for America Lead Now Scholar; Beta Gamma Sigma

EXPERIENCE

FIDELITY INVESTMENTS (FMR) – $2 trillion AUM global active equity investor

Equity Investment Summer Analyst

Boston, MA

Summer 2017

• Initiated coverage on Indian Media sector; gained differentiated insights and evaluated key value drivers through proprietary

consumer survey, management visits and extensive 3rd party interviews (15 meetings in India + calls with global tech firms)

• Convinced Peter Lynch to act on stock idea in private lunch; two research notes selected as top 3 Fidelity must-read research

• Presented industry thesis and 4 stock recommendations to 30+ portfolio managers globally; resulted in ~$50mn PM action

CAPITAL TODAY – Leading all-stage PE/VC fund in China with a focus on consumer and internet

Investment Analyst

HK / Shanghai

Summer 2017

• Worked with Kathy Xin Xu (“VC Queen”) to analyze investments in consumer, social internet, sports and B2B platforms

• Performed due diligence through management interviews, 100+ consumer calls, expert calls and suppliers channel checks

UBS INVESTMENT BANK

Investment Banking Associate

Hong Kong

2014 – 2016

• Fast tracked 1 year for early promotion to Associate; UBS Culture Award recipient (only 5 employees selected in Asia)

• Completed $30+bn deal value: 6 IPOs, 3 M&As, 3 equity offerings, 2 bonds and 1 direct PE investment

• Performed bottom-up financial projections and valuation analysis to evaluate strategic alternatives

• Conducted extensive fundamental research and management due-diligence to identify key value drivers

• Maintained primary relationship coverage of corporate and buy side clients in Greater China region

• Selected as 1 of 6 people globally (from 300+ applicants) to lead a $2bn impact investing initiative; reported directly to UBS

CEO Sergio Ermotti and presented proposal to UBS senior executives and World Bank experts in Zurich

Transactions:

• Huatai Securities US$5.0bn IPO: 2nd largest IPO globally in 2015; assumed VP level duties from deal origination to closing

and led deal execution; negotiated with key strategic partners and managed a sales process of over 1,200 investors

• Postal Saving Bank US$7.4bn IPO and pre-IPO Investment: largest IPO globally in 2016; involved in UBS’s pre-IPO

principal investment and led IPO investment story crafting; conducted teach-in to address concerns of strategic investors

• Advised Hang Seng Bank on sale of US$4.6bn stake in Industrial Bank: participated in the innovative development of the

first cross-border block sale solution in Chinese A share market; coordinated a highly confidential global bidding process

• Advised Xinhu Zhongbao on acquisition of BBVA’s US$1.7bn stake in Citic Bank: Proposed acquisition strategic rationales

to board, conducted due diligence and structuring discussions with top management, and facilitated deal negotiations

SWISS RE

Analyst, Financial and Capital Advisory

New York, NY

2013-2014

• Evaluated the strategic and financial needs of global insurance companies by analyzing financial statements, capital position

and competitive strategies; constructed financial models to illustrate the impact of proposed solutions

• Proposed solutions in a wide range of strategic context: M&A, capital structure, business development, product design and

distribution, emerging market entrance, solvency and credit rating management


• Interests: Investing (PA in U.S. and Asia); Impact investing (launched impact funding site with Leo DiCaprio and

Rockefeller family); Martial arts (nunchucks); Writing (authored “Embarrassment of Philosophy”); Simulation games

• Languages: Mandarin (native), Cantonese (conversational)

• Favorite books: “One Up on Wall Street”, “Thinking, Fast and Slow”, “Why Moats Matter”

• Qualification: CFA Level 3 Candidate (passed level 1 and 2 on first attempts); school record holder for 2 miles running

HYUK SOO HAN, CFA 5 Cowperthwaite Street, Apt 419, Cambridge, MA 02138 | [email protected] | 617-894-9371

EDUCATION

JOHN F. KENNEDY SCHOOL OF GOVERNMENT, HARVARD UNIVERSITY

Master in Public Administration in International Development Candidate

Cambridge, MA

2016-2018

Coursework: Ph.D.-level Micro/Macroeconomics, Econometrics, Development Policy, Country Growth Diagnostics


Master of Business Administration Candidate; Double Major in Finance and Strategic Management

Philadelphia, PA

2015-2018

Equity research analyst for Wharton Investment Management Fund ($2M AUM student-run equity long-only fund)

Member of Investment Management, Private Equity & Venture Capital, Veterans, Korea, Japan, and Southeast Asia clubs

GMAT 770 (99th percentile): Verbal 44 (97th), Quantitative 51 (98th)

PRINCETON UNIVERSITY

Bachelor of Arts; Major in Economics; Undergraduate Certificate (minor) in Finance

Princeton, NJ

2004-2010

magna cum laude; graduated in three academic years (on leave for military service in 2007-2009)

Awarded Burton G. Malkiel Senior Thesis Prize in Finance (1st prize out of ~120 qualifying theses); received Frederick

Sturges Jr. Memorial Scholarship, all six semesters

EXPERIENCE

AB ARYA PARTNERS (multi-manager long/short equity hedge fund of Alliance Bernstein)

Summer Research Analyst

New York, NY

Summer 2017

Conducted proprietary due diligence and recommended investment ideas on 10 companies to four PMs managing US

consumers, global infrastructure, global TMT, and Asia sectors, leading to six long and three short positions

Initiated coverage of US utilities sector by constructing valuation models, conducting primary research, attending industry

conferences, and interviewing company management and industry participants

Constructed scenario-based financial models and analyzed event paths required for each scenario to assess effects of

operational improvements, unit economics, capital allocation, and regulatory changes

&BEYOND, INC. (hybrid venture capital and growth capital private equity)

Summer Investment Associate

New York, NY

Summer 2016

Developed fund strategy and operational plan for &Beyond’s growth capital fund/accelerator A2ALabs (launched Nov 2016)

Led diligence on multiple early-stage companies in fashion/apparel, retail, and fintech for pilot batch

BAIN AND COMPANY, INC.

Consultant

Boston, MA; Tokyo, Japan; Seoul, Korea

2010-2015

Conducted 20 commercial due diligence for private equity funds, hedge funds, and sovereign wealth funds in consumer

products, retail, financial services, technology, media, healthcare, oil & gas, and industrial goods & services

Provided strategic recommendations to C-level executives of 12 Fortune Global 500 companies in credit card, retail,

shipbuilding, airline, and technology industries, across M&A, new business development, and customer loyalty strategy

Promoted early to post-MBA position without MBA degree; awarded Employee of the Year (2013), Best Mentor-Coach

(2013); elected to Associate Consultant class captain (2013), Associate Consultant class representative (2012)

Selected project experiences

Equity investment in Japanese fixed-price discount retailer Projected 20-year market potential in 20 countries in Americas,

Asia, and Europe; analyzed entry feasibility and add-on acquisition opportunities in US, UK, France, and Turkey

Leveraged buyout of mutual savings bank Estimated retail lending market size and addressable market in Seoul metropolitan

area by loan type, collateral, and lending purpose, based on macro trends in real estate market and customer demographics

Cross-border merger of European tobacco manufacturer Defined and prioritized 23 post-merger value creation drivers in

operational improvement and synergy for cross-border merger between Korean and Bulgarian tobacco manufacturers

Organizational restructuring for global shipbuilder Led 52-person change management office for shipbuilding and offshore

businesses for eight months; presented weekly to C-level executives on R&D organizational restructuring recommendations

Customer strategy for Korean credit card issuer Designed and presented customer loyalty assessment framework to CEO;

achieved 10-year recurring project agreement to implement as key performance metric for personal credit card business


Community: Co-Founder and Co-Chair of Young Alumni Committee, Princeton Club of Korea

Interests: Baseball (played and managed teams in Korea and Japan), squash (played in 2006 US College Men’s Squash

National Team Championship; co-founded Princeton Club Squash), restaurants (co-owned and managed gastropub in Seoul)

LUCY HONG 2031 Locust St. Apt 704 Philadelphia, PA 19103 | 262-389-1954 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Majors in Strategic Management and Business Analytics

Philadelphia, PA

2016-2018 • GMAT score: 750 (98th percentile) • Recipient of the Wharton Fellowship based on outstanding records of academic, personal, and professional achievements • Cornell Women in Investing Conference stock pitch showcase finalist; selected participant of the UNC Alpha Challenge;

selected Career Director of the Investment Management Club; selected participant of Portfolios with Purpose • Equity research analyst for the Wharton Investment Management Fund, a $2 million student-run value equity fund • Member of Yoga and Wellness Club, Mountaineering and Outdoors Club, Dance Studio and Wharton Women in Business UNIVERSITY OF WISCONSIN – MADISON Bachelor of Business Administration; Double Major in Finance, Investment & Banking; Economics

Madison, WI

2008-2012 • Board member of the Investment Banking Club • Dean’s List, Chris Bauer Scholarship awarded for finance students with excellence in academics, Winner of CUNA Mutual

Case Competition

EXPERIENCE T. ROWE PRICE Baltimore, MD Summer Research Analyst, U.S. Equity Summer 2017 • Assessed the $200 billion U.S. Government IT Services industry, focusing on fundamental analysis of LDOS and CACI • Presented industry assessment and investment recommendations to portfolio managers BMO CAPITAL MARKETS Equity Research Associate – Consumer (Food Retail & Distribution)

New York, NY

2014-2016 • Supported coverage of Food Retail & Distribution franchise for more than $160 billion in market cap • Developed financial models, stock recommendations and wrote research reports for over 15 public companies • Assisted in over ten IPO and follow-on vetting processes with responsibilities including due diligence, financial modeling,

valuation and investor education • Collaborated with internal sales and trading teams to leverage extensive knowledge of stock coverage into revenue generating

ideas for the firm • Generated ideas for monthly grocery store pricing studies and quarterly surveys to collect proprietary data points that may

have provided insight into companies under coverage • Led the collaboration with Analysts and Associates in the Consumer and Technology sector to create think pieces such as how

the popularity of online grocery delivery landscape impacts the overall grocery industry • Conducted calls and meetings with external clients, company management and internal sales & trading BMO CAPITAL MARKETS Investment Banking Analyst – Equity Capital Markets (Healthcare, Tech, Industrials, Real Estate)

New York, NY

2012-2014 • Originated and executed 15 bookrun transactions raising ~$2.6 billion in a team of three • Created pitch books, analyzed financial models, presented weekly market updates to internal and external teams and provided

insight into market trends by creating a condensed two-page report on a weekly basis • Received first-hand client exposure through role on live equity deals by directly answering investor questions and counseling

management through the marketing process


• Board Involvement: Wisconsin Economics Young Alumni Council (WEYAC) at the University of Wisconsin - Collaborate with the University and Board of Advisors on career-related initiatives for students, including industry treks,

alumni relations and networking events • Professional Pianist:

- Studied, competed and performed piano internationally in Europe and Asia for 16 years (studied with the world renowned piano master, Ivan Moravec, in Prague, Czech Republic)

- Competed and won numerous competitions both as a soloist (Chopin Competition, Cardinal Stritch Piano Competition, Badger State Competition, etc.) and with the Milwaukee Symphony Orchestra (Piano Arts Concerto Competition)

• Interests: trekking (Mt. Everest – 20,000 ft above sea level, volcano Cerro Toco in the Atacama desert – 18,000 ft above sea level); yoga (average 10+ hours of yoga practice a week)

• Languages: Native speaker of Mandarin

MATTHEW D. JEVSEVAR, CFA 1811 Chestnut Street, Unit 504 | Philadelphia, PA 19103 | 435-668-1510 | [email protected]

EDUCATION


Master of Business Administration Candidate; Majors in Finance and Statistics

Philadelphia, PA

2016 - 2018

• Certificate in Law, University of Pennsylvania Law School (Expected 2018): Completion of graduate-level law courses

focused on business law and corporate bankruptcy

• T. Rowe Price Credit Pitch Competition: First place, selected by T. Rowe Price credit analysts after written and verbal

presentation of credit investment opportunity

• Wharton Rugby Club Board of Directors, Investment Management Club Director of Macro (2016) and member of

Restructuring and Distressed Investing and Ski Clubs

• Capital Markets Teaching Assistant: Selected by professor as course assistant after strong course performance

POMONA COLLEGE

Bachelor of Arts in Economics

Claremont, CA

2007 - 2011

• Awarded distinction in Corporate Strategy Senior Seminar

• Sagehen Capital Management: Elected Chief Operating Officer of $1.35 million student run multi-strategy hedge fund, one of

three members of the Executive Committee who pre-screened potential investments and oversaw 15 analysts, awarded paid

internship through Pomona College Internship Program

• Four-year member of varsity football team (three-year starting outside linebacker), President of Kappa Delta fraternity

EXPERIENCE

TCW GROUP

Fixed Income Intern – Credit Research & Trading/Portfolio Management

Los Angeles, CA

2017

• Produced an original sector research report, developed multiple collateralized loan obligation (CLO) models and pitched

trades to a team responsible for $25bn+ of leveraged loan, high yield and investment grade credit assets

• Prepared research report on the Chinese banking sector including non-performing loan and bank valuation models and

presented investment thesis to Chief Executive Officer, Chief Investment Officer and Generalist Portfolio Managers

• Developed a CLO platform model from scratch to analyze Dodd-Frank risk retention compliance scenarios and CLO equity

returns, and presented findings to heads of credit research and portfolio management

PACIFIC INVESTMENT MANAGEMENT COMPANY

Senior Portfolio Management Associate – US Core Strategies

Portfolio Management Associate – Global Fixed Income

Trade Support

Newport Beach, CA

2015 – 2016

2013 – 2014

2011 – 2013

• Supported Chief Investment Officer (CIO) as part of three-person team in managing over $180 billion of assets across 100+

separate client accounts, hedge funds, ETFs, and mutual funds including PIMCO’s flagship Total Return Fund

• Identified and pitched alpha-generating trades to CIO proactively on a weekly basis across credit, securitized products, rates

and currency sectors with multiple trades implemented across portfolios totaling $75 billion

• Collaborated with client facing team to fund and structure new portfolios and close existing portfolios across Total Return,

Global Aggregate, and Low Duration strategies to shorten performance holidays and reduce cash drag

• Optimized a sensitive client account to increase yield and diversify holdings within strict guidelines directly resulting in a

$500 million client cash inflow and subsequent outperformance versus PIMCO competitors

BLACKROCK ALTERNATIVE ADVISORS

Research Intern - Hedge Fund of Funds Research Group

Seattle, WA

2010

• Analyzed hedge fund fee data and built fee structure and position aggregation models for group with more than $20 billion

under management and 40 team members worldwide

• Built predictive performance attribution model of a hedge fund specializing in managed volatility to better understand strategy

risks, indexing potential and information ratio/alpha

• Compiled detailed research reports on Deepwater Horizon/BP drilling accident and resulting drilling moratorium


• Leadership: Kappa Delta Alumni Association Board of Directors Vice President, and former Treasurer (2015) responsible

for directing five-figure fundraising initiative for 114-year-old fraternity with 1000+ living members

• Personal Investing: Actively investing in personal account since 2010 via single-name equities, ETFs, and mutual funds

• Recent Reads: Distressed Debt Analysis, Fortune’s Formula, Prisoner’s Dilemma, Inefficiently Efficient and Burmese Days

• Interests: PADI certified scuba diver, enthusiastic student of Spanish, avid Utah Utes and Pittsburgh Steelers fan

YILUN LI 135 S. 17th Street, Apt 710, Philadelphia, PA 19102 | 202-215-3995 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration; major in Finance and Management

Philadelphia, PA

2016 - 2018 • Active member of Wharton Investment Management and Greater China clubs • Equity research analyst of the Wharton Investment Management Fund; selected participant of “Portfolios with Purpose” • GMAT: 760 (99th percentile)

GEORGETOWN UNIVERSITY, MCDONOUGH SCHOOL OF BUSINESS Bachelor of Science in Business Administration, Major in Finance and Accounting

Washington, DC

2007 - 2011 • Cumulative GPA: 3.73/4.00 (Magna Cum Laude) • Member of Beta Gamma Sigma, an honor society for top 10% of business students and Financial Management Association • President of Chinese Student Alliance, organized cultural and social events for more than 200 active members

EXPERIENCE

T. ROWE PRICE GROUP, INC Summer Analyst, Equity Research

Hong Kong

Summer 2017 • Performed fundamental equity analysis and primary research on China Industrials sector with a focus on China A-Share • Recommended two investment ideas in video surveillance and industrial automation from a list of seven companies • Presented industry analysis and investment recommendations to portfolio managers in Asia, U.S. and Europe offices

ABU DHABI INVESTMENT AUTHORITY (“ADIA”) (an UAE-based Sovereign Wealth Fund) Associate, Principal Investments, Private Equities Department

Abu Dhabi, UAE

2014 - 2016 • Sourced, analyzed and invested in private equity direct and co-investments for ADIA, evaluated investment opportunities in

industrials, healthcare, consumer retail, financial services and technology sectors • Drove deal execution by liaising with private equity partners and management teams and was involved in every aspect of due

diligence process; screened over fifty companies and completed two investments and one divestiture Selected Investments • A leading U.S. online contact lens retailer (EV: $1.2 billion)

§ Performed financial statement analysis and developed an ADIA 5-year forecast model. The Company performed in-line with ADIA forecast (delta <3%) in 2015 and 2016 budget

• LeasePlan: the world’s largest independent automotive leasing company (EV: €3.7 billion) § Conducted diligence and built financial model to validate annual return could be up to 30%; investment is currently

valued at c. 1.5x based on comparable analysis § Negotiated legal documentation (SPA, Consortium Agreement), resulting in favorable governance terms

CITIGROUP INC. Associate, Global Industrial Group, Investment Banking Division Analyst, Global Industrial Group, Investment Banking Division

New York, NY

2014 2011 - 2014

• Conducted financial and operational research to analyze market trends, competitive landscape, financial performance, and strategic alternatives for global corporate clients

• Led M&A, leveraged buyout, debt and equity financing transactions by developing financial models, driving due diligence sessions, and drafting marketing materials; completed two M&As, two leveraged buyouts and one debt financing transaction

Selected Transactions • Carlyle’s acquisition of United Technologies’ Hamilton Sundstrand assets (EV: $3.5 billion)

§ Built a financial model supporting recommendation for Carlyle to bid up to $3.5 billion to win auction § Prepared valuation materials using DCF, sum-of-the-parts, public company comparables and precedent transactions

• GE’s $535 million minority investment in China XD Group to enhance GE’s strategic position in China § Analyzed three strategic solutions for GE, including acquisition, joint venture and greenfield investment, before

recommending partnering with XD, a Chinese electrical equipment manufacturer with local expertise § Evaluated market trends, revenue and cost drivers and created a detailed operating model for the client


• Interests: Ping Pong (co-founder of Georgetown Ping Pong club), Tai Chi (3rd place in a national competition), traveling and personal investing

• Languages: Native speaker of Mandarin Chinese and Cantonese

EMILY NHOKYEONG LIM 301 S. 19th Street, Unit 6D, Philadelphia, PA, United States 19103

[email protected] | (+1) 267-331-1937

EDUCATION



Philadelphia, PA

2016-2018

Member of Wharton’s Investment Management Club (selected as a Wharton representative to present in Annual Cornell

Women in Investing Conference), Women in Business, Real Estate Club, Asia Club

GMAT: 750. Current coursework includes Advanced Corporate Finance, Valuation, and Real Estate Investment

WASEDA UNIVERSITY

Bachelor of Arts in International Liberal Studies with focus on Finance and Accounting

Tokyo, Japan

2008-2014

GPA 3.9/4.0; Coursework includes Corporate Finance, Advanced Statistics, Monetary and Financial Economics

Lead Event Manager at TEDx Waseda. Hosted TED speaker series and organized interactive discussions for 100+ students

Exchange program at Korea University (2012-2013); Vice President of KUBA, University’s largest exchange student club

EXPERIENCE

BERNSTEIN

Summer Senior Research Associate

Hong Kong

2017

Published 50+ pg industry research report on growth outlook and competitive landscape of craft beer industry in APAC.

Performed detailed analysis on key trends, upcoming catalysts, and investment implications. Selected as Asia’s top 10 most

read reports and received positive acknowledgement from industry professionals including Kirin’s CEO

Drafted M&A-focused report covering acquisition targets in APAC, potential synergies, and implications on coverage

companies. Conducted accretion/dilution analysis and ran scenario-based valuation model to analyze impact of M&A from

both financial and operational perspectives

Published report on globalization of craft beer through customer interactions and field research. Assessed macro tailwind

behind changing customer preferences and conducted deep-dive analysis into successful case studies, also making Asia’s top

10 most read reports list

GOLDMAN SACHS

Analyst, Corporate Services and Real Estate, Capital Management

Hong Kong

2014-2016

Constructed, developed, and managed over $500 million of Goldman Sachs’ workspace real estate assets in Asia Pacific

Led quarterly budget forecasting exercise for $500-million real estate asset portfolio across sixteen cities in Asia. Performed

financial analysis and implemented asset management and budgeting strategies, achieving 15% improvement in forecast

accuracy

Spearheaded the Global Asset Investment Plan 2020 initiative as regional lead for Asia and led thirty members in bi-weekly

discussions. Presented status updates to global headquarters and conducted assessment of occupancy-related financials and

management strategy for Asia building assets. Lowered occupancy expense by $150 million and reduced execution cost by

20% annually

Participated in contract negotiations and evaluated construction vendors in South East Asia through bid analysis. Closed 3-

year framework agreement to adopt standardized unit rates, reducing clearing price to 30% below market rate

Examined cost efficiency of proposed chillers from 10+ vendors by developing financial model to analyze setup and

operating expenses. Recommended selected chillers to management and received approval, achieving 25% cost savings

BAIN & COMPANY

Summer Research Assistant, All Industries Group

Seoul, Korea

2011&2012

Advised on Samsung Electronics’ global expansion of retail channel. Constructed optimal store layout to improve cost

efficiency by 12% through space utilization analysis. Interacted with 30+ store managers to devise store design and sales

strategies. Designed various marketing plans and promotion events, expected to boost sales per store by 20%

Formulated turnaround strategy for E-Mart, largest hypermarket chain in Korea. Outlined comprehensive HR management

restructuring plan to improve employee productivity by 8%. Collaborated with division heads to set up KPIs and established

incentive-linked compensation system. Strategy adopted by CEO and secured $6.2 million of additional HR budget


Qualifications: AICPA – State of Montana (2011)

Languages: Korean (native); Japanese (proficient; JLPT N1)

Interests: Stock investing, reading investment books, tennis, food/wine pairing (WSET Level 2 Award in Wines and Spirits)

Community: Founder and CEO of Nanum from Tokyo (non-profit organization mentoring fifty students in Korea)

WESLEY LIM 1 Academy Cir Unit 323

Philadelphia, PA 19146

484-844-5521

[email protected]

EDUCATION



Philadelphia, PA

2016-2018

• Equity Research Analyst – Wharton Investment Management Fund ($2.0m student-run value equity fund)

• Sponsorship Coordinator – 2016 Investment Management Conference Committee

• Member of Investment Management Club

• GMAT: 750 (98th percentile)

STANFORD UNIVERSITY

Master of Science in Management Science and Engineering; Conc. in Economics and Finance

Bachelor of Science in Physics; Minor in Mathematics

Stanford, CA

2005-2007

2003-2007

• Phi Beta Kappa Honor Society, GPA: 3.8 for both degrees

• Coursework includes: Statistical and Quantum Mechanics, Advanced Economic Analysis, Advanced Investment Science,

Stochastic Decision Models, Programming Paradigms, Mathematical Programming and Combinatorial Optimization

EXPERIENCE

COOKE & BIELER

Summer Equity Research Associate

Philadelphia, PA

Summer 2017

• Conducted independent fundamental research on data communication and aftermarket auto retail sectors.

• Reviewed tax implications of including Master Limited Partnerships in firm’s strategies.

• Received full-time return offer beginning summer 2018.

MINISTRY OF NATIONAL DEVELOPMENT

Senior Assistant Director (Housing)

Singapore

2014-2016

• Managed redevelopment of $1.0b, 4,000-unit public housing site, from DCF modeling to engagement of residents. Team

publicly commended by Deputy Prime Minister Tharman for effective stakeholder management.

• Analyzed depreciation scenarios for leasehold public housing apartments based on long-term fiscal, infrastructural, and social

considerations. Persuaded senior management to establish team to develop response strategies.

• Reviewed three subsidized upgrading schemes for public housing. Presented to senior management and obtained approval to

improve over 400,000 older public housing units.

• Conducted primary and secondary research into real estate brokerage industry as part of regulatory review. Identified

structural inefficiencies in residential transaction value chain and proposed consumer safeguards.

MINISTRY OF CULTURE, COMMUNITY AND YOUTH

Assistant Director

Singapore

2011-2014

• Nominated to fast-track Public Service Leadership Program (top 0.3% of 139,000 Singapore Government employees).

• Assessed over 30 charity annual reports for governance and finance best practices. Recommended improvements to charities.

• Led team to develop e-Services platform for 2,000 charities to file returns, leading to fewer compliance errors.

NATIONAL SECURITY COORDINATION SECRETARIAT, PRIME MINISTER’S OFFICE

Assistant Director (Policy & International Relations)

Executive (Horizon Scanning Centre)

Singapore

2010-2011

2009-2010

• Established policy advisory committee to guide food security research, ensuring academic research informed decisions.

• Proposed negotiating positions and talking points to senior officials. Used during two high-level calls.


• Professional: Passed three levels of the CFA Program in three consecutive years

• Languages: Mandarin (functional)

• Interests: Wing Chun kung fu; intermittent fasting; cooking; rationality and psychology blogs (Robin Hanson’s Overcoming

Bias, Slate Star Codex, Eric Barker’s Barking Up The Wrong Tree)

YANG (SOPHIA) LU 2116 Chestnut Street, Apt 2110, Philadelphia 19103 | +1-267-586-9951 | [email protected]

EDUCATION


Master of Business Administration Candidate; Major in Finance and Business Analytics Philadelphia, PA

2016 – 2018 • Equity Research Analyst for Wharton Investment Management Fund, a $2MM Student-Run Equity Fund

• Director of Marketing for Investment Management club; Vice President of Finance for Storytellers and Photography clubs

• Citi Ventures FinTech Challenge First Prize (1/26 teams)

• First Year Honors (Top 20% of Class of 2018); GMAT: 760 (99th percentile)

CORNELL UNIVERSITY, COLLEGE OF ENGINEERING

Bachelor of Science, Operations Research and Engineering Honors Program Ithaca, NY

2007 – 2011 • Honors: Magna Cum Laude; Dean’s List; Tau Beta Pi Honor Society (Top 20%); Omega Rho Honor Society (Top 25%)

• Cornell Engineering Global Fellow: Recognition for significant international experience during undergraduate

• National Qualifier at Traders Trophy Trading Competition

EXPERIENCE

AB Bernstein

Senior Research Associate, Summer Intern

New York, NY

2017

• Conducted in-depth industry research and analysis on Payments sector, with focus on Chinese digital payment service providers

and its impact on international competitive landscape

• Built a comprehensive industry model for US e-commerce market using both bottom-up and top-down approaches to evaluate the

addressable market and forecast its growth potential

CITIGROUP GLOBAL MARKETS

Assistant Vice President, Asian Local Markets Interest Rates Structuring

Associate, Asian Local Markets Interest Rates Structuring

Analyst, Asian Local Markets Interest Rates Structuring

Hong Kong & Singapore

2016 – 2016

2014 – 2016

2012 – 2014 • Specialized in Asian local interest rate markets and structured products, and facilitated pricing and execution for institutional clients

and private banks from all Asian countries

• Led coverage for China, Taiwan and Malaysia since 2012; grew sales revenue for structured products in Taiwan by 150% year

over year, and Malaysia by 180% year over year

• Implemented cross region coverage for pricing and execution of South African Rand (ZAR) structured products for Taiwanese

retail clients, and executed the first ZAR structured product trade in Asia-ex Japan for the firm

• Spearheaded Asian government bonds e-trading initiative: supervised development and commercialization of the electronic trading

platform by regularly engaging in discussions with various stakeholders including trading and sales team, compliance and legal

department, and external service providers

• Expanded market coverage of the bond e-trading platform to cover 11 Asian markets; increased number of clients onboarded by

over 100% annually; drove trade volume growth from zero to more than $50MM per month

• Selected to participate in Leadership Enhancement and Accelerated Development (LEAD) Program in 2015, the premiere cross-

franchise leadership development program for high potential employees

Analyst, Rotation Program 2011 – 2012

• One year rotational program across Prime Finance, Rates Structuring, Rates & FX Strategies and Trading teams

Summer Analyst 2010

• Supported Prime Finance and Futures team, and completed projects including analysis on Asian capital landscape

GREEN COAST CAPITAL (Hedge fund with $300 million AUM focusing on healthcare companies)

Summer Analyst

New York, NY

2009

• Analyzed healthcare and medical device companies for portfolio investments using discounted cash flow and comparables


• Community: Cornell Alumni Admissions Ambassador Network (Chair for Singapore Chapter 2015-2016); Cornell Asia

Leadership Conference, CitiClub Youth Mentorship Programs

• Interests: Scuba Diving (PADI Certified Rescue Diver), Travelling (Visited 20+ countries)

• Languages: Mandarin (Native)

• Certifications: Passed CFA level 1

RICHARD MANCCO 1815 John F Kennedy Blvd, Philadelphia, PA 19103


EDUCATION THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA Master of Business Administration Candidate, Major in Finance and Management May 2018

• Member of the Investment Management and Finance clubs • Committee member of the Wharton Investment Management Conference • Toigo Foundation Fellow and Management Leadership for Tomorrow (MLT) Alumni

MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT) Cambridge, MA B.S in Mechanical Engineering, B.S in Management Science, Minor in Economics February 2012

• NCAA Division III Soccer player • Society of Hispanic Professional Engineers (SHPE) chapter member

EXPERIENCE

THE VANGUARD GROUP Malvern, PA MBA Summer Intern, Investment Strategy Group (ISG) May 2017 - Aug 2017

• Developed a new defined contribution investment model for a combined fixed annuity and 401k strategy. Helped ISG principals evaluate the risk and asset allocation benefits of the strategy vs. a target date fund.

• Led the update and reanalysis of Vanguard’s white paper on merging active and passive strategies to inform active managers that joining strategies can result in returns with substantially lower volatility levels.

• Started a research initiative on possible crowding of factor-based-investing and implications for Vanguard funds.

CAPITAL ONE McLean, VA Senior Operations Analyst, ATM Kiosk Channel April 2015 - July 2016

• Managed cash flow and cash servicing of all 1,700 Capital One ATMs in the United States. • Built proprietary optimization models to reduce ATM cash flow, servicing frequency and operations cost of all ATMs under

management. Recommendations from the models proposed a savings of $3M or 50% in ATM total operations cost per year. • Led team of three analysts to implement recommendations from optimization models and renegotiate with service contractors.

SRA INTERNATIONAL Washington D.C Strategy Consultant, U.S Dept. of Veteran Affairs - Self Service Contract April 2014 - March 2015

• Initiated, designed and led a quantitative metrics initiative to equip client with unprecedented ability to measure ROI on website development investments; utilized Google Analytics (GA), surveys, and queries.

• Led a team of six analysts and system architects during first round of GA metric coding on website. • Led an initiative to improve website performance by redesigning functionalities; page load time increased by 60%.

SRA INTERNATIONAL Fairfax, VA Lead Analyst in Advance Analytics, Corporate Growth Group February 2012 - March 2014

• Accurately projected FY13 revenue through creation of financial model incorporating new and existing contract awards and erosion elements; enabling senior leadership to prepare for a reduction in revenue.

• Analyzed and forecasted business activity and financials to inform company level financial decisions; interacted and presented finding to Chief Executive Officer and other senior executives.

• Designed and introduced companywide a new conversion multiplier to more accurately forecast submittals.

ADDITIONAL INFORMATION Managed Personal Investment Portfolio Washington D.C Investment Manager February 2012 - Current

• Started a personal investment portfolio in 2012 to gain hands-on experience in portfolio management. Active and passive investment strategy resulted in 15% growth year over year.

Society of Hispanic Professional Engineers (SHPE) DC Chapter Washington D.C President August 2014 - July 2016

• Led SHPE DC with mission of improving the professional development, networking, and community service opportunities available to Hispanic professionals in DC. Organized 15+ events per year, impacting 1,500+ professionals and students.

Interests: Investment Management & Research, Finance, Client Engagement, Community Service, Soccer, Travel Languages: Spanish (Fluent)

TAYLOR NEASON 1508 Pine St. Apt B | Philadelphia, PA 19102 | 925-595-5593 | [email protected]

EDUCATION


Master of Business Administration Candidate; Majors in Finance and Accounting

Philadelphia, PA

2016-2018

• Co-President of Wharton Veterans Club; Sponsorship Chair for Wharton Rugby Football Club; Member of Wharton’s

Investment Management Club, Adam Smith Society, and Latin American Student Association.

• Awarded merit-based Harold “Terry” Wharton 2020 Global Fellowship.

UNIVERSITY OF PENNSYLVANIA

Bachelor of Arts; Major in Economics

Philadelphia, PA

2007-2011

• Division 1 Track & Field 2007-2011; Elected Team Captain for 2011 Winter and Spring Seasons.

• Awarded merit-based Class of 1939 Scholarship all four years of undergraduate study.

EXPERIENCE

FRED ALGER MANAGEMENT

MBA Research Intern

New York, NY

Summer 2017

• Evaluated event-driven equity investment opportunities across tech, consumer, and transportation & logistics sectors.

• Conducted fundamental research and proprietary due diligence to identify critical drivers, unit economics, and true earnings

power of companies to develop long and short investment ideas, along with comprehensive financial models.

• Presented two investment ideas to Alger’s CEO and three investment ideas to Alger’s Senior Portfolio Managers.

• Provided sector and industry specific research and analysis on areas of interest.

COHEN VETERANS NETWORK

Network Expansion Summer Associate

Stamford, CT

Summer 2016

• Created process and criteria for city and partnership selection to facilitate Cohen Veterans Network (CVN) expansion.

• Analyzed public and private data to determine next three CVN clinic locations and prioritized remaining 17 locations.

• Researched healthcare and behavioral health organizations within selected cities and screened for clinic partnership viability.

• Organized 11 initial meetings and hosted five meetings interviewing management teams of potential partner organizations.

• Conducted due diligence on selected organizations to verify CVN partnership viability.

UNITED STATES MARINE CORPS

Captain, Assistant Operations Officer

First Lieutenant, Engineer Platoon Commander

Second Lieutenant, Combat Engineer Officer / Student Officer

USA, Middle East

2013-2015

2013

2012-2013

• Awarded Navy and Marine Corps Achievement Medal for actions prior to and during deployment in 2015 enabling

successful Theater Security Cooperation Exercises in Fifth Fleet area of operation.

• Served as senior Operations Officer aboard USS NEW YORK during its seven-month deployment to Middle East; Directed

daily operations of Landing Force Operations Center aboard ship.

• Devised and executed all USS NEW YORK Marine training events, including 30-day training event in Kuwait, two weeks of

bi-lateral training with Israeli Defense Forces, and five weeks of bi-lateral training with French Military in Africa.

• Served as Battalion Future Operations Officer and lone Combat Logistics representative on team that planned and

coordinated two bi-lateral exercises and one multi-national exercise for 24th Marine Expeditionary Unit deployment in 2015.

• Led and mentored Engineer Platoon of 72 Marines; directed training on engineering, weapons proficiency, physical fitness,

and leadership.

• Implemented new maintenance schedule and battle rhythm; increased unit equipment readiness from 55% to 90% and

personnel readiness from 35% to 90%.

GAMESA CORP

Financial Analyst

Langhorne, PA

2011-2012

• Conducted quantitative and qualitative research by examining documents, interviewing management, and building financial

models in analysis of proposed and on-going projects.

• Analyzed annual cash flow distribution and recommended changes that saved department 15% of planned costs.

• Created monthly update brief to CFO covering cash flow with projected debts and revenues from current and future projects.


• Professional: Secret Security Clearance (current); GMAT 720.

• Interests: Backpacking, football, rugby, and motorsports. Currently reading: Value Investing: From Graham to Buffett and

Beyond and The Most Important Thing.

JENNIFER S. PARK 201 S 25th Street, Apt 219, Philadelphia, PA 19103 | 267-432-1569 | [email protected]

EDUCATION



Philadelphia, PA

2016-2018

• Awarded ‘Herbert G. Haupt Fellowship’ for outstanding professional and academic accomplishments.

• Active member of Investment Management Club (Equity Research Analyst for Wharton Investment Management Fund).

• 2016 Cornell Women in Investing pitch team; one of four chosen onto team to represent Wharton at stock pitch showcase.

KOREA UNIVERSITY

Bachelor of Arts in Business Administration; Concentration in Finance

Seoul, Korea

2003-2008

• GPA: 4.21/4.5. Graduated summa cum laude. Dean’s List; Received merit-based scholarships for four consecutive years.

• Elected Cluster Chair, Board member of Student Council. Cheerleader/chief-trainer of cheerleading club ‘Young Tigers.’

EXPERIENCE

OPPENHEIMERFUNDS

Research Analyst Intern

New York, NY

Summer 2017

• Analyzed global growth equities with sustainable growth prospects and developed official quarterly review commentaries.

• Received a return offer (school-year internship & full-time).

GROWTH HILL ASSET MANAGEMENT ($1B hedge fund focused on long-short equity investing)

Portfolio Manager

Seoul, Korea

2014-2016

• Managed long-short portfolio of $120M investing in broad range of Korean equities (consumer, retail, tech, internet/game,

healthcare, and cyclical sectors), regardless of market cap. Achieved absolute annual return of 12.7% (i.e. outperformed

KOSPI by 7.4%p) through comprehensive quantitative and qualitative evaluations, including extensive primary research.

• Led and trained two equity analysts in completing equity analysis, financial modeling, valuation, and stock pitch.

TRUSTON ASSET MANAGEMENT (Top 5 mutual fund in Korea with $18B under management)

Equity Investment Analyst – Consumer/Shipbuilding/Machinery Sector

Seoul, Korea

2013-2014

• Conducted bottom-up fundamental analysis of 80+ companies to determine target equities and negotiated investment weights

of these equities with other sector analysts and portfolio managers in constructing model portfolios.

• Attained highest annual returns among 12 sector analysts and offered accelerated promotion to portfolio manager in 2014.

• Researched and analyzed Japanese and Chinese equities to identify growth stock potential. Recommended Chinese

healthcare and Japanese consumer equities as candidates for an Asia fund portfolio that was launched.

KB INVESTMENT & SECURITIES

Equity Analyst – Entertainment/Leisure Sector (Awarded 2013 Asia’s Best Analysts from Wall Street Journal)

Research Associate – Technology Sector

Seoul, Korea

2011-2013

2010-2011

• Covered nine Korean stocks; formulated buy/hold/sell opinion with target prices, conducting earnings forecasts, financial

modeling, and valuations. Developed in-depth industry and equity analysis report with investment theses.

• Presided over 300+ sector seminars annually and pitched equities to various institutional investors, including Korea National

Pension Service (NPS) and global funds in the US, and UK.

• Predicted multi-year increase in Chinese tourists and recommended strong buy opinion in Korean casino operators, duty-free

shops, and travel agencies. Recommended stocks increased by 84% on average in 2012 and by three times over 2011-2014.

IBM Seoul, Korea

Consultant - Managed Business Process Services, Global Business Services 2008-2010

• Acted as key member in two Samsung Electronics projects; led global implementation for Product Advisor/Selector (PAS)

project, after sudden leave of project manager. PAS launched in 65 countries to date.


• Interests: ultimate frisbee (representing UPenn), snowboarding (22 years of riding), and traveling (visited 27 countries)

• Professional Certificates: Certified Investment Manager (2014, Korea), Certified Research Analyst (2010, Korea)

• Languages: Korean (native), Japanese (intermediate) | Citizenship: U.S. Citizen

JOCK D. PAYTEN 1527 Spruce St, Apt 33 | Philadelphia, PA 19102


EDUCATION


Master of Business Administration Candidate; Major in Finance and Accounting

Philadelphia, PA

2016-2018

• President: African-American MBA Association (AAMBAA)

• Leadership Fellow: Jon M. McNulty Leadership Program

• Equity Research Analyst: Wharton Investment Management Fund (WIMF)

• Vice President – Training: Wharton Boxing Club

• Awards: Recipient of the Joseph Wharton Fellowship & the Robert F. Toigo Fellowship

FORDHAM UNIVERSITY

Bachelor of Science in Finance

Bronx, NY

2008-2012

• Member: Fordham University Varsity Football Team (athletic-scholarship recipient)

• Vice President: Student Athlete Advisory Council

• Tutor: High School Math and History at the Regional Education Technology Center

• Patriot League Academic Honor Roll

EXPERIENCE

EATON VANCE MANAGEMENT Boston, MA

MBA Summer Equity Analyst 2017

• Worked for the Small and Mid-cap (SMID) team and was assigned coverage of packaging sector at the approximately $387

Billion (aum, usd) investment management firm.

• Provided industry and company presentations based on fundamental analysis, primary research, competitive advantages, and

historical valuations relative to peer group and to benchmark (Russell 2000).

• Spoke with company management teams, industry experts, internal analysts, and sell-side analysts to form unique

perspective on investment opportunity of each company.

• Built financial models and valued companies using comparable metrics, discounted cash flow, and valuation multiples.

• Initiated coverage and pitched an investment recommendation at company-wide meetings consisting of analysts, portfolio

managers, and the chief investment officer.

CARO-KANN CAPITAL, LLC.

Summer Associate

San Francisco, CA

2016

• Discussed equity research on companies across various industries and market caps using SEC filings, quarterly earnings

releases, annual shareholder reports, and sell-side research with the fund portfolio manager.

• Created historical financial models with margin and growth calculations as well as business segment information.

• Projects included research on spin-offs, special acquisition acquiring companies (SPACs), holding companies, merger

arbitrage opportunities, and international distressed companies.

• Worked through fundamentals of investment research process within scope of event-driven, value investing.

IPREO LLC

Senior Analyst, Account Management

Analyst, Account Management

New York, NY

2013-2016

2012-2013

• Provided customized support to senior investor relations officers at large, medium, and small cap companies across

various industries regarding institutional shareholder targeting and investor relations efficiency.

• Conducted on-site meetings at over 70 publicly-traded companies on how to strategically track institutional investor’s

portfolio weight in company’s peers, industry, market cap, and fundamental metrics.

• Utilized Factset Workstation for company and industry financials and ratio history, sell-side research & estimates, charting

analysis, stock quotes, company news via StreetAccount, and the Factset Excel Plug-In for building models.


• Interests: Equity investing & research, history, golf, boxing, mentoring

• Skills: Wall Street Prep and Financial Modeling courses, sensitivity analysis, long-term investing

• Additional Experience: Internships at Merrill Lynch PBIG (2012) and UBS Wealth Management (2011)

• CFA Institute: Passed CFA Level I (December 2016)

JULIA Y. PEI 2116 Chestnut Street, Unit 2703, Philadelphia, PA 19103 | (404) 429-8752 | [email protected]

EDUCATION THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Major in Accounting, Management

Philadelphia, PA 2016 – 2018 President, Wharton Investment Management Club Selected to lead ~350-member club of MBAs that organizes 100+ speaker events, training sessions, and pitch competitions November 2016 Cornell Team Stock Pitch Competition – Winner (#1 of 12 entrants) September 2016 Wharton Investment Management Club Team Stock Pitch Competition – Winner (#1 of 19 entrants) Fund Fellow & Director of Trading, Wharton Investment Management Fund ($2mm student-run equity portfolio) Selected as 1 of 12 MBAs who manage an equity portfolio on behalf of the Wharton endowment Member of Boxing Club, Mountaineering & Outdoors Club, and Asian American Association of MBAs; GUIDE undergrad mentor GMAT: 750 | Joseph J. Knowles Fellowship Recipient for exceptional professional and personal achievement

UNIVERSITY OF CHICAGO Bachelor of Arts with Honors in Economics, Minor in Statistics | (GPA: 3.7 / 4.0; Dean’s List 2008-2012)

Chicago, IL 2008 – 2012 The Blue Chips Investment Club: Sector Leader (Energy) and New Member Analyst Program Leader University Community Service Center: Strategic Initiatives Assistant and Community Service Fund Committee

EXPERIENCE FIDELITY INVESTMENTS Domestic Equity Research Summer Analyst

Boston, MA 2017

Provided sole coverage of the title insurers and mortgage IT service providers as a member of the financials sector team Presented investment recommendations to PMs; resulted in initiation of FMR ownership in mortgage IT service provider and portfolio position increases in title insurers Performed fundamental analysis including financial models, conversations with customers and competitors, and expert interviews Led site visit meetings and calls with management teams of major title insurance companies and related IT service providers

EQUITY GROUP INVESTMENTS – Zell Family Office Associate; Board of Directors, Ardent Health Services; Board of Directors, Rewards Network

Chicago, IL 2014 – 2016 Evaluated public and private investment opportunities in energy, power, healthcare, business services, and transportation Spearheaded internal associate recruiting and hiring processes (hired 3 associates of 150+ applicants to 12-person team)

Selected Investment Experience Ardent Health Services, Inc., one of the nation’s top ten for-profit hospital companies ($1.75 billion purchase price) Evaluated, negotiated, and executed purchase of hospital operations of Ardent Health Services in partnership with Ventas, Inc.

(NYSE: VTR) in “OpCo / PropCo split” transaction (closed August 2015) Assessed new acquisition opportunities of hospital systems by evaluating operating and cash flow models, market and regulatory trends, and scenario-based investment return and accretion/dilution analyses Assisted CEO and CFO in management of company’s financial results, capital structure, and M&A opportunities Presented opportunity and syndicated equity investments in Ardent to outside limited partners Interfaced weekly with CEO on strategic initiatives as member of Board of Directors

Rewards Network, Inc., a leading dining rewards loyalty program and merchant cash advance business Facilitated operational turn-around of portfolio company through identification of unprofitable business segments, right-sizing of operational expenses, and analysis of sales force productivity metrics Assisted CEO, CFO, and Credit Manager to analyze financial performance, credit / regulatory risk, and business strategy Evaluated opportunities including product development, capital structure management, and investment realization Interfaced regularly with management on strategic initiatives as member of Board of Directors Evaluated opportunity to purchase Iowa Pacific Holdings, a short-line freight and passenger railroad company

CREDIT SUISSE Investment Banking Analyst, Global Energy Group (Power & Renewables)

New York, NY 2012 – 2014 Performed M&A, leveraged finance, and valuation analyses in the power, renewable energy, LNG, and utility sectors

Selected Transaction Experience Sell-side advisor to Freeport LNG for ~$5bn debt / equity financing (announced December 2013) Modeled and analyzed cash flows and credit metrics under various project financing and operating scenarios Drafted materials including management presentation, rating agency presentation, and information memorandum Lead financial advisor to LS Power for $450mm term loan B for 1.3 GW generation portfolio (announced May 2013) Developed model to analyze cash flows and credit metrics under various leverage and asset divestiture scenarios

ADDITIONAL INFORMATION Additional internship: Summer L/S equity analyst, HG Vora Capital Management (Summer 2010)

Interests: Hiking, crossword puzzles, personal investing, watching tennis, swing dancing, podcasts Languages: Chinese (advanced), Spanish (advanced)

RAY X. PENG 42 South 15th Street, Unit 1507 | Philadelphia, PA 19102 | 954-801-1008 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Majors: Finance, Accounting, and Management

Philadelphia, PA

2016 - 2018 Activities: Distressed Investing Club (Co-President); Investment Management Club (Equity Analyst for Wharton Investment

Management Club, Director of Social); Asian American Association of MBAs (Vice President of External Affairs); Welcome Committee (one of 40 students selected from a class of 850+)

Placed 1st at American Bankruptcy Institute MBA Complex Restructuring Case Competition against 9 competing schools Recipient of Joseph Wharton Fellowship, Robert A. Toigo MBA Fellowship, and David Fann MBA Fellowship GMAT: 750 (51Q, 40V); 98th percentile

DARTMOUTH COLLEGE Bachelor of Arts; Majors: Economics and Mathematics

Hanover, NH 2008 - 2012

Major GPA: 3.7/4.0 | GPA 3.6/4.0; SAT: 800/800 Math, 800/800 Reading; ACT: 36/36 Awards: Third Honor Group (top 35%), Dartmouth Endowed Scholar, National Merit Scholar

EXPERIENCE

HOTCHKIS & WILEY CAPITAL MANAGEMENT (Investment manager with $30 billion AUM)

Summer Investment Analyst Los Angeles, CA

Summer 2017 Covered the global aggregates and cement industry, with focus on MLM, VMC, LHN, BZU, HEI, and CX Conducted fundamental research through analysis of value drivers and unit economics, meetings with management teams and

investor relations, interviews with industry experts and competitors, construction of financial and valuation models, and industry benchmarking and forecasting

Presented industry review and defended conclusions to over 20 portfolio managers EMERALD CAPITAL ADVISORS (Middle-market restructuring and special situations advisory firm)

Senior Associate Associate

New York, NY

2016 2014 - 2016

Assisted Managing Directors in transaction origination, execution, and negotiation with debtors and creditors in Chapter 11 sales, reorganizations, and liquidations.

Supervised and created financial and strategic analysis of distressed companies and capital structures. Constructed detailed financial models to evaluate recovery / liquidation waterfalls, cash flows, liquidity, and valuation. Screened and monitored industries, companies, and securities for distressed and bankruptcy prospects. Mentored and trained 4 analysts in valuation, financial modeling, and credit agreement and bankruptcy filing diligence. Selected Transaction Experience: Karmaloop, Inc.– Reviewed prior bankruptcy financings to confirm exorbitant fees of Debtors’ DIP financing; resulted in a

court-ordered reduction of fees and an improvement of approximately 95% to creditors’ recovery. Odom Industries – Led successful §363 sale of Debtor to strategic buyer; worked closely with management to create

operating model and marketing materials; and coordinated diligence of financial and strategic buyers. Fisker Automotive, Inc. – Produced multiple valuation analyses of Debtors’ Delaware plant; forecasted facility buildout costs

and variable operating expenses to explore potential sale and presented findings to clients.

DUFF & PHELPS Investment Banking Analyst – Industrials and Healthcare Groups

New York, NY 2012 - 2014

Ranked in top-tier of Analyst class; received highest performance evaluation for first and second years. Prepared valuation analyses including public market comparable, precedent transaction, discounted cash flow, and LBO. Developed pitches, financial models, offering memoranda and management presentations containing robust financial,

industry, and company analysis. Played active role in Dartmouth College on-campus analyst recruiting. Selected Transaction Experience: ATS Systems (Sale to Grey Mountain Partners) – Collaborated with management and sponsors to forecast growth projections

and historical adjustments for a 5-year financial forecast, incorporating a rollout strategy for 2 major product releases.


Interests: Fitness, basketball (NBA), squash, snowboarding, piano Favorite Investment Books: Margin of Safety, Distressed Debt Analysis, Capital Returns Languages: Mandarin (Limited Working Proficiency), Spanish (Elementary Proficiency)

COBY POWERS 2400 Chestnut St., Apt. 2208 | Philadelphia, PA 19103 | 808-989-0059 | [email protected] | LinkedIn

EDUCATION


Master of Business Administration Candidate; Majors in Healthcare and General Management

Philadelphia, PA

2016-2018

• Fund Fellow, Wharton Investment Management Fund, a $2M student-run equity fund; VP Careers, Investment Management

Club; Member, PE / VC Club; 1st-team, Wharton FC Soccer

• Recipient of Kaiser Fellowship (merit based)

UNIVERSITY OF SOUTHERN CALIFORNIA

Bachelor of Science in Electrical Engineering; Minor in Business

Los Angeles, CA

2006-2010

• CFO, Pi Kappa Alpha; Member, Trojan Investing Society; Left Winger, USC Club Soccer

EXPERIENCE

FIDELITY INVESTMENTS

Summer Equity Analyst

Boston, MA

Summer 2017

• Covered Texas banks CFR, PB, BOKF, CMA, and TCBI; conducted fundamental research and interfaced with mgmt. teams

• Developed investment recommendations and pitched ideas to PMs; recommendations led to >$150M of investment action

• Presented industry review recommending conservative underwriters w/ superb deposits to >75 members of investment team

FRANCISCO PARTNERS ($11B AUM technology private equity firm)

Private Equity Associate

San Francisco, CA

2014-2016

• Conducted deep fundamental analyses across technology sector, including healthcare IT and enterprise software

• Evaluated both late-stage / value and growth-stage leveraged buyout and structured equity investment opportunities

• Managed diligence teams of accountants, consultants, and lawyers to evaluate numerous take-private opportunities, including

enterprise software vendor, tech-enabled education services business, and communications hardware manufacturer

Notable Investment Experience

• Acquisition of eSolutions, leading provider of SaaS revenue-cycle solutions for healthcare providers (closed January 2015)

Worked with mgmt. team and accounting advisors to build operational model displaying growth runway, strong

operating leverage, and minimal capital requirements, highlighting attractiveness of ostensibly robust purchase price

Drafted and presented investment memo to firm leadership, resulting in unanimous support for platform investment

Led analysis and investment thesis for add-on acquisition of ClaimRemedi, a payer clearinghouse services provider

• ~$500M take-private of publicly-traded SaaS spend management vendor (passed due to price during go-shop)

Created analyses which predicted bookings achievement lower than Street expectations; led firm to reconsider deal

Built head-by-head cost-out analysis; advocated $20M of available cuts were half that required to support deal

• ~$150M parallel buyout and merger of two retail technology vendors (lost due to price after final bid)

Spearheaded financial due diligence and LBO / merger modeling for cloud-based and on-premise software vendors

Recommended caution in pursuing deal given opposing business models, cross-border nature, and lack of an audit

HEALTH EVOLUTION PARTNERS ($700M AUM healthcare private equity firm)


San Francisco, CA

2013-2014

• Evaluated companies and led deal processes in health IT and services sectors, including laboratory IT and hospice businesses

• Worked closely with portfolio company executives on strategic projects, including Halcyon Healthcare’s acquisition of

Community Hospice (closed October 2014) and a potential recapitalization of CenseoHealth

Notable Investment Experience

• Public company carve-out of clinical trial SaaS application software vendor (canceled November 2013)

Guided diligence effort that identified ~$10M of fraudulent historical bookings

J.P. MORGAN

Investment Banking Analyst, Healthcare

San Francisco, CA

2011-2013

• Performed financial modeling and ran processes in pharma and medtech sectors; closed over 10 M&A / equity transactions

• Operated as associate, interfacing directly with MDs and VPs while managing analysts; received third-year offer

HOULIHAN LOKEY

Investment Banking Analyst, M&A

Los Angeles, CA

2010-2011

• Executed buyside and sellside transactions across consumer, engineering & construction, and healthcare industries


• Interests: Investing in personal account; skiing Whistler; novice golfing; guitar covers; surfing my Hawaiian hometown

EDUARDO SAN MARTIN 1338 Chestnut Street, Apt. 1411 | Philadelphia, PA 19107 | +1 (914) 310-7580 | [email protected]

EDUCATION

THE WHARTON SCHOOL & THE LAUDER INSTITUTE, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Majors in Finance and Real Estate Master of Arts in International Studies Candidate; Focus on Latin America

Philadelphia, PA 2016-2018

Recipient of The Lauder Institute Fellowship; GMAT: 720 (94%); 2017 LSE Alternative Investments Conference Clubs: Restructuring & Distressed Investing; PE & VC; Real Estate; Zell-Lurie Real Estate Center; Soccer Club Leadership: London Trek Leader of the PE & VC, Restructuring & Distressed Investing and Real Estate Clubs

ICADE LAW & BUSINESS SCHOOL, COMILLAS PONTIFICAL UNIVERSITY

Executive Master in Management Development Recipient of Deloitte’s Full Scholarship; Elected Class Representative

Madrid, Spain 2012-2014

Double Licentiate Degree in Law (J.D.) and in Business Administration; Major in Finance Ford Spain Merit-based Scholarship (2006-07; 2007-08)


EXPERIENCE

INCUS CAPITAL ADVISORS Credit Hedge Fund; MBA Summer Associate

Madrid, Spain 2017

Madrid-based European Principal Finance hedge fund focused on Specialty Finance, Special Situations, Distressed/Non Performing Credit, Receivable Factoring, Leasings, Real Estate and Direct Lending:

‒ Project Path: Provided €55M unitranche loan along with Nomura to world-leading construction and infrastructure company, guaranteed by its stake in second largest toll road company in Spain. Provided company and collateral valuation, analysis of toll road industry, conducted credit and financial stress analysis for debt scenarios, and term-sheet negotiations

‒ Project Big: Underwritten Italian €211M portfolio of hospitality mortgage/corporate loans from Italian bank

‒ Project Baresi: Underwritten Fortress´ remaining leasing portfolio acquired from Lico Leasing in 2013 through both underlying RE analysis/valuation and historical cash collections analysis

COLONY NORTHSTAR (former COLONY CAPITAL, INC.) Real Estate Private Equity/Special Situations; Senior Analyst covering Spain, Portugal and France


Sole analyst responsible for investments in Iberia region, working directly with Managing Director responsible for Iberia; total exposure to deal origination, execution and follow-up; responsible for team hiring, team leadership, mentoring interns

Executed €200M+ exits generating 26%+ IRR; led closings on €500M+ acquisitions; evaluated over €5B RE investment opportunities through multiple investment methodologies (distressed/special situations, corporate equity/credit, asset portfolios, direct lending, S&LB) and asset classes (CRE, residential, development, singular assets):

‒ Project Julieta: Acquired €221M NPL portfolio from European bank, conducted underwriting modeling, coordinated all advisors; formulated loan recovery strategies, and played integral role in SPA and price negotiations

‒ Project Pereda: Conducted modeling, and legal, asset and corporate analysis of Banco Santander’s €2B+ HQ Double Dutch structure in the acquisition of its junior debt and personal loans totaling €450M OB through a mezzanine facility

‒ Inmobiliaria Colonial, S.A./Grupo Asentia: Shaped exit strategy of former Lloyds distressed debt tranche in Colonial’s creditor syndicate, defined/executed business plan, implemented operating/financial/commercial strategy with senior management to identify return enhancing opportunities; follow-up of company performance in board/creditor meetings

DELOITTE - FINANCIAL ADVISORY / CORPORATE FINANCE Analyst / Associate; TMT, Energy/Utilities, Transportation/Hospitality/Tourism/Leisure Group


Provided Equity and Debt advisory in M&A, raising finance, and corporate/financial restructuring deals:

‒ Ezentis Raising Finance: Led Highbridge Principal Strategies €126M mezzanine financing deal to Spanish listed Ezentis for debt restructuring and M&A growth, developed Ezentis’ business plan along with CEO and senior management; conducted financial stress analysis for debt scenarios; coordinated private placement with JB Capital Markets

‒ Ausur Highway: Developed business model/business plan for debt restructuring of Spanish Alicante-Cartagena highway concession Ausur, resulting in €197M additional debt from bank syndicate

‒ Lico’s Leasing Portfolio: Built financial valuation of €400M non-RE leasing portfolio for Lone Star Funds, directly reporting on statistical/intrinsic valuation methodologies, transaction approach/acquisition strategy


Volunteer: Teach For All Foundation (2014). Order of Malta Spain (2014-16) Citizenships / US Visa Type: Spain (EU) / J-1 Languages: Spanish (native); English (native); Portuguese (fluent); French (fluent); Mandarin Chinese (intermediate) Interests: Portfolio Management and Investing; Krav Maga; Soccer; Golf; Skiing; Chess; Drums

DAVID W. SOBEL 226 W Rittenhouse Sq. Apt. 2416, Philadelphia, PA 19103 | 203-247-6899 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate; Major in Finance

Philadelphia, PA

2016 – 2018 Awarded William Foster Mckenney MBA Fellowship for exceptional academic, professional, and personal achievement Director’s List (Fall 2016, Spring 2017); GMAT: 770 (99th percentile) Equity Research Analyst for Wharton Investment Management Fund, a $2M student-run value equity fund Active member of Investment Management Club; participated in Wharton stock pitch competitions President of Tennis Club; member of Energy Club, Wildmen Hockey Club, Food Club

UNIVERSITY OF PENNSYLVANIA Bachelor of Science in Engineering, magna cum laude Major in Chemical and Biomolecular Engineering, Minor in Economics

Philadelphia, PA

2007 – 2011

Cumulative GPA: 3.61/4.0 (3.71 in major) Dean’s List (2009-2010, 2010-2011); Presidential Member National Society of Leadership and Success; Sigma Alpha Mu

Fraternity, John Jacobs Award for Athleticism and Leadership and Most Valuable Brother Published Senior Design Project titled “Electrical Energy Storage Using Fuel Cell Technology” (2011)

EXPERIENCE

AB BERNSTEIN Summer Senior Research Associate

New York, NY 2017

Performed fundamental analysis to launch coverage on two equities in North American Oil Field Services sector, including bottom-up operational projections, DCF modelling, valuation analysis, and investment thesis development

Assisted in coverage of nine equities in OFS across global integrated services, onshore drilling, and offshore drilling OLIVER WYMAN Consultant / Senior Consultant

New York, NY

2014 – 2016

Conducted due diligence on $2B target in wholesale insurance distribution for $116B pension fund, leading to successful acquisition; sized the market, profiled competitors, and developed revenue projection model

Performed market research and trend analysis on CLO and BDC markets for $15B U.S. private equity firm as part of due diligence, leading to successful acquisition; conducted interviews within expert networks

Identified over $3M cost savings in supply chain and packaging inefficiencies for major U.S. automotive manufacturer through quantitative analysis of internal firm data, site visits to packaging facilities, and direct negotiations with suppliers

Pitched savings opportunities to automotive client representatives and senior leadership to get buy-in to pursue with suppliers Developed and established risk governance framework for a big-three Canadian insurer, including creation of policies and

processes for operational risk management and risk data aggregation and risk reporting (RDARR) Served as Orientation/Training initiative leader of Experienced Hires of Oliver Wyman; created new program of biweekly

meetings to improve onboarding process for experienced hires MONDRE ENERGY, INC. Energy Engineer

Philadelphia, PA

2011 – 2014

Constructed analytical models to estimate millions of dollars of potential energy savings from installation of energy conservation measures, including combined heat and power, energy-efficient lighting, refrigeration, and HVAC

Performed energy audits and verifications of 50+ residential, commercial, and industrial facilities Analyzed utility bills and tariffs to identify thousands of dollars of potential low-cost savings opportunities for clients Researched and evaluated new and emerging energy-efficiency technologies for feasibility in client applications Led team in writing and developing 700-page Pennsylvania Act 129 Phase I Statewide Evaluator Final Report, 300-page

Net-to-Gross Paper, and 300-page Demand Response Paper


Investing: personal account includes TSLA, HP, AYI; favorite books include The Outsiders, The Most Important Thing Internships: Johnson & Johnson Pharmaceutical R&D; Assistant Athletic Director at Camp Greylock (three summers

organizing logistics for 500+ campers) Other interests: tennis, soccer, basketball, baseball, football; self-teaching guitar; word games (e.g. Scrabble); domestic and

international travel (favorite town: Collobrières, France) Languages: Spanish (intermediate)

BEN ZHOU 1616 Walnut St., Apt. 2010 • Philadelphia, PA 19103 • 646-712-0593 • [email protected]

EDUCATION



Philadelphia, PA

2016-2018

• Fund Fellow, Wharton Investment Management fund. Selected as 1 of 12 MBA students to manage $2.2 million equity fund

• 1st place National Winner at NYU Stern Non-Equities (Credit) Competition, out of top teams from 10 business schools

• 3rd place at Wharton equity team competition, out of 19 teams from Wharton

• McNulty Leadership Fellow, ’16-’17 Director of Careers for Wharton Investment Management Club

HARVARD UNIVERSITY

Bachelor of Arts in Economics (cum laude with Honors)

Cambridge, MA

2006-2010

• Leadership: Director of HPAIR (Largest student-led biz conference in Asia w/ 300+ attendees); VP of Entrepreneurship Club

• GPA: 3.8 | SAT: 800M/760V

EXPERIENCE

CAPITAL GROUP

Summer Equity Analyst

Los Angeles, CA

Summer 2017

• Covered US grain processing industry with focus on Archer Daniels Midland (ADM) and Bunge (BG).

• Visited and/or spoke with 50+ farmers/co-operatives/processors, cultivated relationships with company management,

mapped out value drivers, forecasted 5-year industry outlook, and developed investment thesis.

• Presented industry review and investment recommendations to 100+ Capital Group portfolio managers and analysts.

GAP, INC.

Manager: Supply Chain Strategy

San Francisco, CA

2014-2016

• Developed and executed supply chain/logistics initiatives across portfolio of brands (Gap, Old Navy, Banana Republic,

Athleta, Intermix) to reduce costs and improve product quality (touched ~10% of annual $8B supply chain budget).

• Led transit time reduction project, managing team of 10 logistics heads to generate ~$40M of cost savings.

Project profiled in The Wall Street Journal “Gap to Test ‘Fast Fashion’ Model in Select Stores” (Aug ‘15).

• Reshaped company returns policies through customer data analysis to save ~$10M; became Gap’s “returns expert”.

CASTANEA PARTNERS - $1 billion AUM private equity firm focused on consumer & retail


Boston, MA

2012-2014

• Drove due diligence of potential investment opportunities, engaging in all aspects of deal process.

• Partnered with management teams at portfolio companies on strategic actions to increase profitability.

Select Investment Experience:

• Luxury outerwear brand: Lead Associate on ~$200M investment opportunity. Conducted company diligence across SKU-

level, customer, distribution data as well as legal/financing agreements. Presented market entry plan and financial impact for

investment thesis, results drove investment interest and moved Castanea to final round offer.

• Premium lighting brand: Lead Associate on ~$90M investment opportunity. Built operating and financing models, uncovered

data to convince investment committee of growth potential despite declining sales, leading to Castanea’s final round offer.

Select Portfolio Company Experience:

• Astor & Black: Lead Associate on custom men’s suiting brand with ~$50M sales. Partnered with management team to move

production facilities from Africa to Asia, resulting in ~20% and ~5% increase in customer satisfaction and sales.

THE BOSTON CONSULTING GROUP

Associate / Consultant

New York, NY

2010-2012

• Promoted directly to post-MBA role (Consultant), while given an additional year of credit for top-tier performance.

Select Case Experience:

• NYC Housing Authority (NYCHA): Served as BCG’s primary lead on housing application department (180+ employees).

Restructuring reduced waitlist by 6 months & generated $5+M savings. Implemented NYCHA’s first self-service portal.

• Consumer Financial Protection Bureau (CFPB): Served as BCG’s primary lead on clearance department (50+ employees).

De novo process efficiency changes resulted in 20% clearance volume reduction, $1M+ annual savings.


• Community: Board member for Boston Chinatown Neighborhood Center; mentoring low-income teens for over 6 years

• Interest: Avid basketball player, enjoys novels (Realistic Fiction), American history, R&B, and unhealthy fast food

YISHA ZHOU 3601 Market Street, Apt. 2202 Philadelphia, PA 19104 | 267-582-2818 | [email protected]

EDUCATION


Master of Business Administration Candidate; Major in Finance and Health Care Management (HCM)

Philadelphia, PA

2016-2018

Recipient of Kaiser Fellowship for outstanding professional and academic accomplishments

Member of Investment Management, Women in Business and Greater China clubs

Equity Research Analyst for Wharton Investment Management Fund (student-run equity fund with $2M AUM)

Selected to attend Alpha Challenge at UNC, the 7th annual WIN conference and 3 Investment Management treks

ZHEJIANG UNIVERSITY Hangzhou, China

Master of Management Science and Engineering/ Bachelor of Science, GPA 3.8/4.0 2005-2012

Ranked 1st in major for 4 years; Excellent Student Leader Award for 4 years (1 of 3 selected out of 400)

First Class Scholarship Recipient (full tuition awarded to 8 students)

Led team to compete in National Entrepreneurship Challenge and won Outstanding Award (one of seven selected out of 690)

EXPERIENCE

Neuberger Berman China Equity Fund ($5.3B AUM institutional equity fund) Hong Kong/Shanghai, China

MBA Summer Equity Analyst Summer 2017

Performed fundamental analysis on Chinese dairy and pharmaceutical industry using a long-term deep-value approach with a

focus on Mengniu Dairy Co. and BGNE, respectively

Presented investment recommendations to investors in Asia and the U.S. and received highest rating among peers

CHC HOLDINGS (Healthcare Investment Company)

Director, Mergers & Acquisitions

Manager, Mergers & Acquisitions

Shanghai, China

2015-2016

2013-2015

“Employee of the Year” (1 of 2 selected out of 50) in 2013 with only 6 months tenure for outstanding teamwork and solid

analytical skills

Invested $300M in equity across 3 closed transactions after evaluating 30+ investment opportunities

Conducted business and financial due diligence, including dozens of field visits and management meetings

Created detailed financial models to assess returns based on bottom-up analysis

Established hospital M&A team by recruiting talent and equipping team with expertise through trainings

Selected Investment Experience

Zhenjiang New District Hospital ($125M investment, For-Profit Hospital) - CHC’s largest deal

Closed deal within 12 months with 15-person team, managed process from due diligence stage to final negotiations with

government officers

Developed and presented investment idea to Investment Committee

CHINA RESOURCES (Largest Hospital Investment and Management Company in China) Beijing/Wuhan, China

Investment Analyst; Manager, China Resources and Wisco Hospital 2012-2013

Built market analysis, performed financial modeling and negotiated with local government, leading to two public hospital

acquisitions with combined value of over $150M; largest hospital deal in China at time of transaction

Received special contribution award for publishing multiple internal research reports based on project experiences, including

20 Metrics for Measuring Hospital Valuation and How to Reform the State-Owned Enterprises' Hospitals

Facilitated operational turnaround of portfolio company through right-sizing of operational expenses, and implementing

strategic initiatives as member of Board of Directors

Cybernaut Investment ($1B Private Equity Firm)

Equity Research Analyst

Hangzhou, China

2009-2010

Built screens for new opportunities in technology, media, and telecommunications (TMT), consumer goods and healthcare

to quickly identify 50+ investment opportunities for further diligence

Conducted preliminary analysis over 30+ private and public companies in consumer goods

Constructed detailed DCF, LBO and NAV models for over six companies to assess returns in different operating scenarios


Additional Internship: Intern on Process Re-engineering Project, McKinsey & Company (Shanghai, 2011)

Interests: Hiking (trails in Xinjiang, Nepal, Patagonia, and Grand Canyon); music (played Chinese zither for five years)

Personal Investing: Managed personal account, including investing in a private company (with annual return over 20%)

Skills: Passed Level I of the CFA Program; Native speaker of Mandarin

Documents

The Wharton School Class of 2018 2nd Year Resume Book...19 Taylor Charles Neason Full Time MBA - 2018 20 Jennifer Soyoun Park Full Time MBA - 2018 21 Jock Payten Full Time MBA - 2018