The Wharton School Class of 2018 2nd Year …...The Wharton School Class of 2018 2nd Year Resume Book Resume Book Details Academic Year: 2018 Description The Wharton Resume Book for

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 Jason Marshall Adams Full Time MBA - 20182 Rikhil Bajaj Full Time MBA - 20183 Arjun Balaguru Balaguru baskaran Full Time MBA - 20184 Christian Joseph Blake Full Time MBA - 20185 Jonathan Koon Hung Chan Full Time MBA - 20186 Claiborne Barksdale Gregory Full Time MBA - 20187 Zuhair Khan Full Time MBA - 20188 Christopher Michael Kozak Full Time MBA - 20189 Hongye Mai Full Time MBA - 201810 David Andrew Mcginley Full Time MBA - 201811 Said Mena salim Full Time MBA - 201812 Neil Rahul Merchant Full Time MBA - 201813 Ravi Mulani Full Time MBA - 201814 Heecheol Pak Full Time MBA - 201815 Junjie Pu Full Time MBA - 201816 Jaidev Reddy Full Time MBA - 201817 Karan Sabharwal Full Time MBA - 201818 Peter Sharp Sack Full Time MBA - 201819 Twishmay Shankar Full Time MBA - 201820 Edmund Vincent Gonzalez Soriano Full Time MBA - 201821 Bianca Tomkoria Full Time MBA - 201822 Kern Vijayvargiya Full Time MBA - 201823 Brent Edward Wilson Full Time MBA - 201824 Xi Zhang Full Time MBA - 201825 Xinyang Zhang Full Time MBA - 2018

JASON MARSHALL ADAMS 225 S 18th St, Unit 917, Philadelphia, PA 19103 | 860-836-8531 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA

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

2016-2018

• Placed 1st at 2016 ABI MBA Complex Corporate Restructuring Case Competition against 12 competing business schools

• Ice hockey travel team, D-League ice hockey coach, GUIDE Mentor to undergrads, Distressed Investing Club Head of Social

• GMAT: 730 (96th percentile)

BOSTON COLLEGE

Bachelor of Arts, Double Major in Honors Economics, English

Chestnut Hill, MA

2006-2010

• Academics: Cumulative GPA 3.65/4.00, Dean’s List First Honors; Team President and midfielder, BC Men’s Lacrosse

• Sr. Econ Honors Thesis: Created econometric models to eliminate disincentives associated with revenue sharing in the NBA

EXPERIENCE

CITADEL LLC

Summer Associate, Surveyor Capital – Long/Short Equity (Industrials, Oil & Gas)

New York, NY

Summer 2017

• Built detailed, bottoms-up supply/demand analysis on “frac” industry, informing immediate ~$200mm change in allocation

• Performed primary research, modeled and analyzed company for stock pitch competition; pitched stock to whole firm

INTERVALE CAPITAL

Private Equity Associate

Boston, MA / Houston, TX

2013-2016

Middle market private equity firm ($1.3 billion AUM), buyouts and growth equity in oil & gas manufacturing, service & midstream

• Offered early promotion to Senior Associate

• Worked directly with Partner for 3 years; trusted to lead new acquisitions / investments, solely negotiate credit and acquisition documents, represent firm externally and voice opinions in investment committee

• Presented to all Intervale LPs for 20 mins during 2015 annual meeting; explained underperformance of portfolio company

• Completed 4 platform investments, 1 add-on investment, 2 financings, 4 refinancings; board member of 3 portfolio companies

Select Investing Experience

Acquisition of private Canadian oilfield services company (~$40 million leveraged buyout / add-on acquisition, Delayed)

• Acted as deal captain (presented to investment committee, managed associate); drove tough decision to delay deal at late stage

• Communicated with, managed and evaluated potential financing partners; negotiated initial terms of LBO debt Acquisition of Recapture Solutions (~$100 million buyout/growth equity hybrid, Aug 2014)

• Performed detailed ROI analysis for asset-heavy business to determine pricing strategy and whether to buy or lease equipment

• Designed specific integration action plan after add-on acquisition; interviewed and hired new CFO and COO Acquisition of TorcSill Foundations (~$20 million buyout, May 2014)

• Performed all diligence, financial modeling, and built investment committee presentations for 2 simultaneous acquisitions

• Negotiated favorable agreement for bank revolver / term loan; renegotiated twice during periods of underperformance

• Deal captain (managed negotiations, legal documentation with full responsibility) for add-on of AnchorPipe Inc.in Jul 2016 Investment in Certus Energy Solutions (~$60 million growth equity commitment, Sep 2013)

• Analyzed and evaluated (directly with CEO) organic/inorganic growth initiatives that increased annual revenue by ~50%

• Led 2 renegotiations of revolver/ term loan facility to ensure compliance and liquidity during oil & gas industry downturn

HSBC SECURITIES

Investment Banking Analyst, Mergers & Acquisitions Team

New York, NY

2010-2013

• Consistently ranked at top of analyst class

• Wrote extensive marketing memo (CIM), ultimately driving 30% more value than expected in sale of PolyOne Resins business

• Constructed and iterated detailed, flexible operating model, giving Braskem confidence in winning bid in competitive auction

Select Transaction Experience

• Advised PolyOne Corp. on sale of its Specialty Resins business to Mexichem ($250 million) - May 30, 2013

• Advised Braskem on acquisition of Dow Chemical's polypropylene business ($340 million) - July 27, 2011

• Advised H.I.G. Capital on sale of Vantage Specialty Chemicals to The Jordan Company - January 5, 2012

ADDITIONAL INFORMATION

• Interests: Jazz music, personal investing, lacrosse, snowboarding in Vermont, the Boston Celtics and Red Sox

• Volunteer Leadership: Co-founder, VP of Westminster School Wall Street Society; Young Alumni Leader & Class Agent for Westminster School in Simsbury, CT; Young Professional Board Member, Head of Finance for Mission: Restore (2013 – 2015)

RIKHIL BAJAJ [email protected] │ 216-855-4289 │ 2020 Walnut St, 21F Philadelphia, PA 19103

EDUCATION


Master of Business Administration Candidate; Majors in Finance and Management

Philadelphia, PA

2016-2018

• Activities: VP Speaker Series for Investment Management Club, VP Careers for Private Equity Club, Analyst & Assistant Fund

Fellow for Wharton Investment Management Fund ($2M student-run equity fund), Canada Club President

SCHULICH SCHOOL OF BUSINESS, YORK UNIVERSITY

Honors Bachelor of Business Administration: Finance and Accounting

Toronto, Canada

2006-2010

• Academics: Valedictorian (1/~400 students) GPA: 3.80 / 4.00 Dean’s Honor List Received $23,500 in scholarships

• Activities: Chief Investment Officer, York Investment Club - led ~15 analysts, returns 10%+ above market (2007-2010)

• Internships: Procter & Gamble Pharmaceuticals: Finance & Business Development Analyst (Summer 2008), TD Securities:

Investment Banking Analyst, M&A (Summer 2009)

EXPERIENCE

WHALE ROCK CAPITAL MANAGEMENT TMT hedge fund established in 2006 with $2B AUM

Analyst

Boston, MA

Summer 2017

• Deep dive into 4 financial technology, e-commerce, and software ideas: Articulated theses, led primary research studies, trade

show coverage and management meetings. Presented directly to portfolio manager, leading to 300-400bps change in capital.

WARBURG PINCUS Private equity firm established in 1971 with $40B AUM

Associate: Technology, Media, and Telecommunications

San Francisco, CA

2014-2016

• Promoted to 3rd year associate 6 months early. In depth evaluation of 20 investments ($1B+ value, 75% proprietary), 1 closed.

• Investment in PayScale to acquire MarketPay: Transformative add-on investment sourced and executed by WP team.

Scoped third-party market study, conducted customer calls and salesforce benchmarking to support plan to increase target

EBITDA 2.5x and negotiate 2x increase in debt. Liaised between target and acquirer management teams.

Facilitated target-acquirer diligence discussions to coordinate transformative upside (new markets, new dataset).

• $100M investment in Healthcare Payments Co: Conducted primary market study to formulate thesis, identifying unique asset.

Built relationship with x-CEO, Emdeon to establish WP angle. Articulated story to WP partners, recognized for industry insight.

• $700M buyout of Healthcare IT Co: Led model review sessions to arbitrate consensus around final bid. Coordinated tax and

accounting advisors to identify $150M+ of value through step-up & tax distributions. Managed process securing $315M financing.

• Sector Theses & Sourcing: Handled payments & healthcare IT coverage. Managed executive advisor contact and WP events at

industry conferences. Developed 70+ CEO relationships leading to 10+ proprietary opportunities. Managed and trained new hires.

PRIMUS CAPITAL Private equity firm established in 1984 with $1.2B AUM

Associate: Business Services and Financial Technology

Cleveland, OH

2013-2014

• Top ranked associate in class. In depth evaluation of 8 investments ($350M+), 1 closed. Board advisor for 3 portfolio companies.

• $67M buyout of Hyperwallet: On 3-person deal team with 2 partners. Managed market, business and third-party diligence.

Identified, surveyed and quantified large greenfield opportunity in direct selling payments. Created go-to-market model.

Presented unique thesis to management as part of final bid, resulting in management choosing Primus as partner.

Negotiated funds flow and parts of purchase agreement with Hyperwallet to support legal counsel and Primus partners.

Conducted working sessions with board on growth strategy expected to deliver 5x+ ROI in upside case.

Generated post-closing plan and customer, bank partner and talent prospects; invited to join management team as interim CFO.

• $110M investment in Payroll Processing Co: Developed proprietary market insight and growth thesis. Profiled risk / return story

to investment committee of major institutional LP, won support to finance opportunity.

• Select Portfolio Projects: (1) Partnered with CFO of G2 Web Services to analyze unit economics. Proposed plan to move from 30

to 3 products, doubling EBITDA. (2) Helped structure and negotiate $10M dividend recap of G2 with Silicon Valley Bank.

BOSTON CONSULTING GROUP

Associate

Toronto, Canada

2010-2013

• Experience in strategy and M&A across healthcare, TMT, financial, consumer & industrial sectors. Direct client placement.


• Positions: Board of Directors at Kids.Now Canada (2011-2013); Intern at Hand in Hand Microfinance (Summer 2010)

• Activities: Black Belt: Taekwondo (1998-Present), sailing, flying, cycling Languages: French, Hindi

• Investing interests: Investment philosophy (e.g. Shearn’s The Investment Checklist), fintech and business services companies

ARJUN BALAGURU BASKARAN 2400 Chestnut St, Apt 1509, PA 19103; (267) 206 1709; [email protected]

EDUCATION

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

Philadelphia, PA 2016-2018

• GMAT: 750 (98th percentile); Vice President of Investment Management Club and the WGA (Wharton student government) • Assistant Fund Fellow for Wharton Investment Management Fund, a $2M student-run equity endowment fund; 1 of 16 first-

year students selected amongst 80+ students, based on stock pitch audition • Placed in top 3 of 40+ teams from Wharton at the ‘Portfolios with Purpose’ stock picking competition

BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE (BITS) – PILANI Bachelors in Mechanical Engineering (Honors)

Pilani, India 2008-2012

• Awarded First Class Honors degree - top 5% GPA amongst class of 800+ students • Elected by 2400+ students as Student Body General Secretary (2nd highest administrative student position)

EXPERIENCE

BALYASNY ASSET MANAGEMENT (BAM) - $15B AUM institutional multi-strategy investment firm Summer Analyst

New York, NY Summer 2017

• 1st place in stock pitch competition out of class of 15+ global interns; Pitched short thesis on Tegna and verified key catalysts • Asked by Portfolio Manager (PM) to extend internship from 8 weeks to 16 weeks, based on performance • Strategic Coverage: Tracked 4 US Managed Care companies on daily basis; Built operating/financial models, interfaced with

experts, analyzed publicly available information, attended policy conferences in DC; Ran proprietary scenario analyses on competitive positioning and future policy environments to recommended long-term winners/losers

• Opportunistic Coverage: Worked closely with PM on thematic play of Greece macro recovery; Pitched 6 fresh investment ideas on Greek Banking, Telecom & Energy sectors, with short and long term catalysts – 3 of which were considered for deployment of PM capital; Ideas pitched realized net gains of 21% over tenure of internship

• Systematic Coverage: Discovered systematic VIX – IG Bond arbitrage by performing analysis across cycles (shortlisted for trade allocation of PM capital); Back tested options straddle strategy for long dated S&P 500 stock options with sensitivity on implied volume and price change to detect systematic alpha generating mechanism (under evaluation period)

• New Asset Class Initiation: Prepared proprietary crypto-asset primer focused on fundamentals, for entire fund’s review INTERNATIONAL FINANCE CORPORATION (WORLD BANK GROUP) Investment Analyst - Manufacturing, Agribusiness, and Services (MAS)

Washington DC

2014-2016 • Achieved highest rating amongst Asia analyst pool for involvement in 2 transformational projects in a year • Built robust financial models, prepared valuations (DCF/Multiples/NAV), performed IRR/sensitivity/stress analysis, led

onsite due diligence, presented to global committees for 9 proposals and closed 4 investments • Key Completed Investments include:

− $37.5M minority investment in food processing & retail player: Identified quantitative and qualitative data to validate crucial investment theses i.e., consumer shift to processed foods and company’s vertical integration strategy

− $7.5M minority investment in Tier-II city focused eye-care services company: Initiated visits to 12 eye-care centers spread over 500-mile radius to test lack of professionalization and critical need for branded player entry

PREMJI INVEST (PI) - $8B AUM multi-strategy family investment office of IT mogul Mr. Azim Premji Research Associate - Public Markets

Bangalore, India 2012-2014

• Awarded highest performance bonus amongst peers in 1st year by Mr. Azim Premji for stock picking success • Generated and pitched 16 actionable investment ideas, 10 of which were implemented (combined value at $500M) by

Portfolio Manager in Consumer Goods, Oil & Gas, Real Estate sectors • Performed due diligence for 20+ companies through proprietary channel checks, expert calls and dialogues with management

/ investor relations to understand value drivers, unit economics and true earnings power • Study of shale revolution: Prepared internal white paper on North American shale success story and impact of US shale on

global energy markets, coal markets, global non-energy sectors and geopolitics; Study aided thesis for $200M investment

ADDITIONAL INFORMATION • Investing: Active personal investment portfolio (5+ years) with emphasis on seeking thematic opportunities • Favorite Books: The Intelligent Investor, One up on Wall Street, The Outsiders • Interests: Reading about global history & human evolution, speed Rubik’s cube (personal best: 44.2 secs), playing the guitar

CHRISTIAN J. BLAKE 2023 Rittenhouse Square, Apt 201, Philadelphia, PA 19103 | (203) 273-4174 | [email protected]

EDUCATION


Master of Business Administration Candidate; Pursuing Finance Major

Philadelphia, PA

2018

• Elected Co-Chair of 2018 Wharton Restructuring & Distressed Investing Conference ($200K+ Revenue & ~500 Participants)

• Selected as Admissions Fellow by the University to Interview & Interface with Prospective Students

• Member of Restructuring & Distressed Investing Club, Investment Management Club, Undergraduate Mentorship Program

• GMAT: 770 (99th percentile); SAT: 2280

PRINCETON UNIVERSITY

Bachelor of Arts in Economics, Certificate in Political Economy

Princeton, NJ

2011

• Malkiel ‘64 Senior Thesis in Finance Winner: “Family Firm Performance: Evidence from S&P 500 During Financial Crisis”

• Varsity Lacrosse, Goalie; 2011 Scott P. Klurfeld ’74 Memorial Award Winner for perseverance and hard work

EXPERIENCE

FORTRESS INVESTMENT GROUP

Summer Associate, Distressed Credit

New York, NY

Summer 2017

• Researched public securities as investment analyst in the corporate securities group for Drawbridge Special Opportunities

Fund and the Fortress Credit Opportunities Fund

• Analyzed offshore drilling sector; pitched formal price recommendations to the PM across the capital structure for two

distressed names as part of larger industry deck

• Presented investment memorandum on media / entertainment name, ultimately decided to add the bank debt to a CLO

• Performed valuation and recovery analysis for investment professionals across the corporate securities group, with a

particular focus on distressed names in the retail sector

BRIDGEWATER ASSOCIATES

Associate Client Advisor

Westport, CT

2016

• Analyzed broader portfolios of over 15 of Bridgewater’s UK, Irish, and Swiss investors ($5Bn+ aggregate AUM), which was

used by senior management to provide advice on risk & general asset allocation

• Communicated knowledge of Bridgewater’s three strategies through meetings, phone calls, and written memos, to help

clients better identify value and how market events would impact their returns

• Selected from junior employees for 5-month internal training course on portfolio construction provided by fund to increase

internal mobility options for desired employees; offered to < 50% junior employees

- Scored in top quintile of historical employee test scores

Trading Associate

2013-2015

• Executed and oversaw implementation of trading strategies through analytical projects using understanding of market

microstructure, participants, and liquidity, to lower transaction costs on $160Bn fund

- Graduated to trade and analyze 7 asset classes, including inflation-linked bonds, futures and options

• Revamped and led trading Training Program for all exchange-traded and volatility products, which comprised ~50% of total

fund assets

- Grew team from 4 members to 9; increased graduation rate from 50% to 100%

MORGAN STANLEY

Fixed Income Capital Markets Analyst, Financial Institutions Group

New York, NY

2011-2013

• Advised large US & European financial institutions on how to best meet their funding needs via fixed income issuance to

institutional investors

- Analyzed and helped issue securities across capital structure from covered bonds to preferred stock, including

investment grade and high-yield corporate debt

• Received offer for third year analyst program (offered to ~20% of analysts globally)


• Interests: Family; mentoring; running; golf; travel; New York Jets & Knicks

• Positions: Member of Princeton’s Annual Giving Committee; Princeton Lacrosse Alumni Mentor Program

JONATHAN CHAN 226 West Rittenhouse Square, Philadelphia, PA, 19103 | 917-940-3118 | [email protected]

EDUCATION


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

Philadelphia, PA

2016 - 2018

• Wharton Leadership Fellow

• Selected as Director of Research for the Wharton Investment Management Fund, a $2 million student-run equity fund

• Also involved in Wharton’s Investment Management (VP of Career), PE/VC, Tech, FinTech, and Scotch & Whiskey clubs


RICHARD IVEY SCHOOL OF BUSINESS / UNIVERSITY OF WESTERN ONTARIO

Bachelor of Arts in Honors Business Administration / Bachelor of Science in Civil Engineering

London, Ontario

2007 - 2012

• Dean’s Honor List, 2007–2012; 3.92/4.00 GPA

• Achievements & Awards: Gold Medalist (highest GPA in Civil Engineering), Ivey Scholar (top 10% of class), Scotiabank

HBA Leadership Award, Jock Tindale Memorial Award, SC Johnson Scholarship, AEO Award of Excellence

EXPERIENCE

TOURBILLON CAPITAL PARTNERS

Summer Investment Analyst

New York, NY

Summer 2017

• Performed fundamental analysis using a bottom-up, research-driven approach in the consumer, financial and gaming sectors

• Conducted due diligence through industry analysis, proprietary research, and calls with management and sell-side analysts

• Constructed buy/sell recommendations for two investments in the payments and gaming industry and presented them to the

investment team; portfolio manager added both investments to the $3.5 billion fund as >350 basis point positions

FRANCISCO PARTNERS


San Francisco, CA

2014 - 2016

• Ranked as a top-tier associate in the firm in both 1st and 2nd year based on superior performance in peer group


Acquisition of K2, a provider of business application platforms and solutions

• Set the stage for a successful acquisition; oversaw financial diligence, managed external accounting and tax advisors,

performed various financial analyses to determine the true underlying performance of the company, and managed third-party

market, legal, and insurance advisors throughout the process

• Spearheaded implementation of a new metrics-driven reporting method at K2; collated best practices from other portfolio

companies, created user-friendly reporting templates, and obtained buy-in from the CFO and controller

• Worked directly with senior management to develop a new budgeting process and sales compensation plan

$100 million debt renegotiation for Cross Match Technologies, a security hardware company

• Enabled the renegotiation of the company’s bank loan; worked with the CEO and CFO to create a realistic and actionable

projection plan, and managed information flow between Francisco Partners, the company, lenders and advisors

Potential acquisition of a $100 million customer analytics business

• Suspected financial misrepresentation and successfully persuaded partner to halt diligence work; presented evidence

uncovered through in-depth analysis of company financials and questioning of the company’s senior management team

Proposed investment into a distressed $3 billion supply chain management software company

EVERCORE PARTNERS

Investment Banking Analyst, Technology M&A

New York, NY

Summer 2011, 2012 - 2014

• Ranked as a top-tier analyst in the firm in both 1st and 2nd year based on superior performance in peer group


Nuance Communications – Advisor on activist investor defense and various potential acquisitions

• Worked with senior management team to respond to an activist investor with a history of taking actions considered

detrimental to senior management; enabled company to successfully dissuade the investor from taking adverse action and

compelled him to instead join the board as a friendly shareholder

• Laid out various purchase scenarios that convinced senior management team to delay the acquisition of a distressed company

and wait until the target company went into impending bankruptcy prior to pursuing the target

Document and Records Management Business – Advisor on potential sale of company

CANADIAN PENSION PLAN INVESTMENT BOARD

Analyst, Real Estate Investments (full-time offer received)

Toronto, Ontario

Summer 2010


• Interests: Steakhouses, omakase, Vancouver Canucks, travel rewards, peaty scotch, investing and mechanical keyboards

• Certification & Training: CFA Level 1, Series 63 and 79, Training the Street, R, JMP

CLAY GREGORY 1700 Chestnut Street, Unit 510 | Philadelphia, PA 19103 | 210-859-1561 | [email protected]

EDUCATION


Master of Business Administration Candidate; Major in Finance

Philadelphia, PA

2016-2018

• Member of Wharton’s Private Equity, Investment Management, Restructuring & Distressed Investing, Wine and Golf Clubs

• Placed 1st at American Bankruptcy Institute MBA Complex Restructuring Case Competition against 12 competing schools

• VP and Executive Board Member for Investment Management and Restructuring & Distressed Investing Clubs

• Equity Research Analyst for Wharton Investment Management Fund, a $2M student-run value equity fund

RHODES COLLEGE

Bachelor of Arts, Major in History, Minor in Business Administration

Memphis, TN

2005-2009

• Member of Phi Alpha Theta (Honor Society for History); Captain Club Lacrosse Team; VP and Treasurer of fraternity

EXPERIENCE

ALYESKA INVESTMENT GROUP (Long/short equity hedge fund with $6bln AUM)

Summer Analyst

Chicago, IL

Summer 2017

• Analyzed long/short investments in consumer & retail, healthcare and energy subsectors

• Authored and presented two long, one short and two pair trade memos; resulted in implementation of multiple ideas in portfolio

• Created financial models, led management calls and developed multivariate forecasts to predict key metrics for investment ideas

MISTRAL EQUITY PARTNERS (Consumer-focused private equity firm with $350mm AUM)

Senior Associate

Associate

New York, NY

2015-2016

2013-2015

• Evaluated investment opportunities in the food & beverage, consumer products, restaurant and retail industries; involved in every

aspect of diligence process, including industry analysis, business quality reviews, synergy/cost saving potential and valuation

• Promoted to Senior Associate after 18 months with firm

• Selected portfolio company experience: executed dividend recapitalization for Canadian wireless retailer; coordinated debt raise and

structured multiple follow-on equity raises for furniture retailer; and managed all aspects of sale process of beverage manufacturer

Selected Investment Experience:

• Creminelli Fine Meats (Closed August 2016): $7.5mm equity investment in specialty food business

Led comprehensive sales, marketing and operational review with CMO and VP of Sales to confirm channel expansion plans

and new product pipeline as well as validate revenue growth potential

• Project Bar (Terminated prior to closing in February 2016): $15mm investment in high growth CPG company

Created and managed operating model used for multiple rounds of negotiations of valuation and structure

Coordinated all diligence efforts including account by account marketing analysis and drafting of investment memo

• Albertson’s / Safeway Merger (Closed December 2014): $15mm co-investment in grocery combination / take-private

Performed extensive due diligence of trends in acquirer and target’s businesses, led diligence sessions with management team

and other co-investors and developed model and all investment committee materials

JEFFERIES LLC

Investment Banking Analyst, Consumer & Retail Group

New York, NY

2010-2013

• Executed 15+ transactions, including buy and sell-side M&A, restructurings and capital raises

• Focused on the food & beverage, foodservice, consumer products and retail industries

• Received promotion to associate in October 2012, only analyst in the consumer group to receive a promotion

• Consistently top-ranked analyst within highly active group with 10 analysts

Selected Transaction Experience:

• Shearer’s Foods (Closed October 2012): $400mm sale of leading snack manufacturer to Wind Point Partners / OTPP

• DS Waters of America (Closed May 2012): $900mm restructuring advisory to management and private equity sponsor

TESORO CORPORATION

Financial Analyst

Investor Relations and Strategic Planning Intern

San Antonio, TX

2009-2010

Summer 2006, 2007 and 2008

• Lead analyst for corporate finance and investor relations team; developed equity analyst guidance model and roadshow materials;

responsible for monthly corporate forecast, and primary contact for all financial compliance related to outstanding debt


• Interests: Personal investing, attempting French cooking, golf, travel (visited 35 states and 20 countries) and the San Antonio Spurs

ZUHAIR KHAN 1720 Chestnut Street Apt 428, Philadelphia, PA 19103 | (512) 496-4685 | [email protected]

EDUCATION


Master of Business Administration Candidate

Philadelphia, PA

2016-2018

• Member of Private Equity & Venture Capital Club, Politics and Public Policy Club, Real Estate Club, Ski & Snowboard Club

THE UNIVERSITY OF TEXAS AT AUSTIN

Bachelor of Business Administration in Business Honors & Finance | Bachelor of Arts in History

Austin, TX

2006-2010

• GPA: 3.9/4.0; Phi Beta Kappa; Rhodes Scholarship finalist; R.C. Doenges Award, most outstanding Business Honors graduate

EXPERIENCE

ELLIOTT MANAGEMENT COMPANY

Summer Analyst, Special Situations

New York, NY

Summer 2017

• Evaluated activist equity investments in oil and gas exploration and production and oil field services companies; analyzed and

identified value creation opportunities including asset sales, improved capital allocation, and industry consolidation

• Distressed exploration and production company (long second lien notes): identified alternative sources of value for secured

creditors, including unused real estate, a claim arising from a violation of the intercreditor agreement, and midstream assets

• Offshore oil field services companies (short equity): analyzed sustainability of profit margins, industry structure, and pricing

power of suppliers and customers; developed vessel and project level offshore drillship supply and demand forecasting model

THE UNIVERSITY OF TEXAS INVESTMENT MANAGEMENT COMPANY

Pre-MBA Intern, Private Investments

Austin, TX

Summer 2016

• Led redesign of private co-investment process, including developing a co-investment template and underwriting standards

• Evaluated private co-investments and fund investments for $10Bn private equity and venture capital portfolio

THE UNITED STATES DEPARTMENT OF THE TREASURY

Policy Advisor, Financial Markets

Washington, D.C.

2015-2016

• Advised and assisted the Secretary, the Under Secretary for Domestic Finance, the Assistant Secretary for Financial Markets,

and other senior officials on the capital markets implications of policy choices

• Managed $186Bn investment in Freddie Mac and Fannie Mae; directed annual valuation, forecasted earnings for the

President’s Budget, developed strategies to decrease balance sheet risk, and oversaw sales program of less-liquid assets

• Member of Treasury’s market structure and liquidity working group; led analysis of liquidity in fixed-income markets

• Advised the Securities and Exchange Commission on the development of equity crowdfunding rules

• Conducted review of the Pension Benefit Guaranty Corporation’s $81Bn investment portfolio allocation and long-term

investment strategy; recommended increased allocation to alternative investments

MADISON DEARBORN PARTNERS

Associate, Private Equity

Chicago, IL

2012-2014

• Evaluated leveraged buyout and structured equity investment opportunities by engaging company management and external

advisors to conduct business and industry diligence and construct operating and financial models

• Developed and presented diligence conclusions, financial analyses, and recommendations to investment committee


• Centennial Towers: executed $100MM growth equity investment in a Latin American build-to-suit tower developer

Served as vice president, supervising junior associate and overseeing business, industry, and legal diligence

Led debt financing process for local currency and U.S. dollar hedged loans in Brazil, Colombia, and Mexico

• Richland Towers: attempted $350MM acquisition of the largest independent U.S. broadcast tower owner and operator

Led process to convert Richland into Real Estate Investment Trust (REIT) to form second tower REIT in the U.S

Managed teams of consultants to assess impact of federal spectrum repackaging process on tenant base

• Sorenson Communications: executed $1.3Bn prepackaged Chapter 11 bankruptcy and served as an observer on the Board of

Directors of the largest provider of video-relay services for the hearing-impaired

Managed financial and legal advisors in negotiations with 2nd lien holders, resulting in sponsor recovery of 13% of

post-emergence equity and $15MM of new HoldCo notes

EVERCORE PARTNERS

Investment Banking Analyst, Restructuring Group

New York, NY

2010-2012

• Created restructuring, divestiture, and refinancing models to analyze the effects of various operational and capital structure

scenarios on valuation, cash flow, and liquidity

• Executed in- and out-of-court restructurings of shipping, power generation, and manufacturing companies


• Interests: Travel, history, current events, real estate investing, skiing, and whitewater sports

• Activities: McCombs School of Business Alumni Advisory Board, Representative; World Economic Forum, Global Shaper

CHRISTOPHER KOZAK 2116 Chestnut Street, Apt. 804, Philadelphia, PA 19103

856-308-0017 | [email protected]

EDUCATION

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


Awarded Kaiser Fellowship (merit-based scholarship) for exceptional professional, academic and personal achievement Selected for Wharton Communications Fellowship Program (public speaking coaching role and personal development) Elected to Wharton Graduate Association Student Council as Cohort Social Activities Chair for ~75 students Active member of Private Equity Club, Investment Management Club, Health Care Club, Rowing Club and Boxing Club

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

Washington, DC 2008-2012

Cumulative GPA: 3.7/4.0 | Major: Finance, 3.7/4.0; International Business, 3.9/4.0; Minor: Economics, 3.8/4.0 Attended Comparative Strategic Management Program at Trinity College, Oxford (Summer 2010) Varsity Heavyweight Rowing: 4-year varsity athlete in most competitive rowing league in country (EARC) Industry Head in Student Investment Fund (4-year member); Journal of International Affairs Marketing Project Manager Semester Internships: U.S. House of Representatives (’09-’10); The Halifax Group (Middle Market Private Equity; ’10-’11)

EXPERIENCE

MARSHALL WACE Investment Analysis Intern, Healthcare Team (Long/Short Equity)

New York, NY Summer 2017

Identified public equity investment opportunities in healthcare sector for leading global long/short equity hedge fund manager (partially owned by KKR) with $30B+ AUM

Developed investment theses identifying dislocations between fundamental equity valuation and consensus expectations

H.I.G. CAPITAL Associate, Private Equity

Miami, FL 2014-2016

Evaluated investment opportunities across industries including healthcare, industrials, consumer/retail, energy and tech for H.I.G.’s largest buyout fund; focused on control investments in companies with $35 to $150 million of EBITDA

Developed and executed comprehensive investment and business due diligence as part of 2-4 person deal teams Prepared deal-related materials including investment committee presentations, investment memos and valuation reports Managed external teams of financing, legal, consulting, accounting and tax advisers Monitored existing portfolio company performance and evaluated potential M&A and operational opportunities Transaction Experience Included: Universal Fiber Systems: Led extensive due diligence efforts culminating in platform acquisition of global leader in

production of custom solution-dyed synthetic fibers; managed closing process including debt syndication, ratings agency review and working capital analysis; assisted in development of value-creation initiatives post-close including evaluation of several add-on investment opportunities (October 2015)

Dividend Recapitalization: Modeled risks/benefits of recapitalization of dental practice management portfolio company leading to successful dividend yielding outsized returns to investors; facilitated lender diligence process (December 2014)

Add-On Acquisitions: Led diligence efforts for acquisition of over 20 dental offices (multi-site and single-site) and for opening of over 20 de novo locations for portfolio company, expanding Company’s footprint by over 25%

Portfolio Company Sale: Led year-long effort to divest portfolio company; collaborated daily with sell-side bankers, accountants and legal advisers; marketed company to strategic, financial and SPAC buyers (process terminated)

CREDIT SUISSE Analyst, Mergers and Acquisitions Summer Analyst, Mergers and Acquisitions

New York, NY 2012-2014

Summer 2011 Analyzed and executed mergers, acquisitions, divestitures, leveraged buyouts and restructurings for corporate clients and

financial sponsors Received early associate promotion offer (granted to top ~10% of analyst class of 120); Series 79 Certified Over $10 Billion in Transaction Experience Included: Sale of Wayne from General Electric to Riverstone (May 2014) Sale of PowerBar from Nestle to Post Foods (February 2014) $1.4 Billion Sale of Beechcraft to Textron (December 2013; CS Global Deal of the Month) $4.0 Billion Sale of Lender Processing Services to Fidelity National Financial (May 2013; CS Global Deal of the Month)


GMAT: 740; SAT: Math 800; Verbal 730; Writing 720 Enjoy rowing, snowboarding, travel, cooking, surfing, classical piano and running

SAM MAI, CFA 125 S 21

st St, Philadelphia, PA 19103 | 510-965-8885 | [email protected]

EDUCATION


Master of Business Administration Candidate; Major in Finance and Statistics

Philadelphia, PA

2016-2018

Represented Wharton at University of Michigan Ross Investment Competition

Equity Research Analyst for the Wharton Investment Management Fund

Director’s List (Top 10% in GPA): Spring 2017

HAAS SCHOOL OF BUSINESS, UNIVERSITY OF CALIFORNIA, BERKELEY

B.S. Business Administration, Honors | B.A. Economics, High Distinction

Berkeley, CA

2008-2012

Cumulative GPA: 3.90/4.00 | GMAT: 780 | SAT: 2210

Project Manager for Berkeley Corporate Solutions – Clients included Cisco, Mars, Andreessen Horowitz

WORK EXPERIENCE

D. E. SHAW & CO. – $40bn AUM multi-strategy hedge fund

Cross-Asset Summer Analyst, Discretionary Investments

Hong Kong, China

Summer 2017

Recommended potential $35M private lending for military asset purchase in Australia

o Led management discussions and 3rd

party diligence focused on asset valuation and feasibility of business plan

o Forecasted detailed 18-month cash flow and payback, and generated realization scenarios and probability

o Assisted with negotiation that improved covenant protection and upside participation, increasing expected IRR by 10%

Developed valuation measures for TOPIX constituents and automated screening tool for mean-reversion trades

o Performed statistical techniques to identify systematic adjustments that reduce extrinsic noise in traditional valuation

o Assessed mean-reversion tendency of valuation dispersion to estimate return of potential valuation arbitrage strategy

o Programmed scalable VBA-based screening tool that alerts for valuation outliers and proposes investment candidates

Evaluated firm-wide investment opportunity utilizing newly launched China Bond Connect Program

o Drafted investment memo containing market primer, program mechanics, and business case for 4 investment strategies

o Forecasted convertible bond options by creating database of 100+ CBs and finding predictors for management decisions

o Initiated broker negotiations to determine appropriate access and financing structure optimized for firm’s strategies

TWO SIGMA INVESTMENTS – $40bn AUM quantitative hedge fund

Associate, Business Development

Hong Kong, China

2014-2016

Organized initiatives with 5+ workstreams to expand investment coverage into new products and markets in Asia

Managed relationships with brokers, data providers, and asset managers to create optimized trading environment

Selected Project Experience

Expanded equity investment strategy to 3 new ASEAN countries (Thailand, Malaysia, Indonesia)

o Analyzed structure of 10+ equity markets and made recommendations based on strategic fit with investment processes

o Coordinated efforts across 5 teams and 3 countries through year-long initiative to launch live trading in new countries

o Revamped stock borrow process in constrained markets to improve potential strategy performance by 10%

Led multiple initiatives to improve scope and quality of access to Chinese equities market

o Became go-to expert in China Stock Connect program, advising modifications to investment models and processes

o Managed broker relationships through different market regimes to improve pricing, reducing trading expenses by 25%

o Self-taught Java and SQL programming and analyzed 1M+ stock borrow data points to inform execution research

Facilitated creation of new partnership with Chinese asset manager to deploy flagship strategy in China’s futures market

o Liaised with brokers and asset managers to recommend investment strategy adaptations for China futures market

o Conducted market structure research to identify access method that balances performance, timeline, and compliance

o Negotiated business terms of partnership, while assisting legal team with compliance to foreign regulations

BARCLAYS

Analyst, Global Technology Investment Banking (FINRA Series 79 and 63 Licensed)

Menlo Park, CA

2012-2014

Selected Transaction Experience

Dover's (NYSE: DOV) $300M divestiture of electronic assembly business DEK and testing business ECT and Multitest

SaaS contact center solution provider Five9's (NASDAQ: FIVN) $70M IPO

Additional Information

Volunteering: Milken Scholar ‘08 - Mentored 3 junior scholars in academics and career development since 2011

Technical Skills: Proficient in Microsoft Suite, SQL, R | Basic STATA, Python, Java, and VBA programming

Language Skills: Native Fluency in Mandarin and Cantonese

Interests: Personal investments, data analytics, tennis, hiking, exotic cuisines, Go, science fictions, astronomy

DAVID MCGINLEY 226 W. Rittenhouse Square Apt. #1912, Philadelphia, PA 19103

(631) 766-0590 | [email protected]

EDUCATION THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA

Master of Business Administration Candidate; Majors in Finance and Accounting 2016 − 2018

• Private Equity and Venture Capital Club

• Investment Management Club

• Fund Fellow, Wharton Investment Fund: selected to help manage $2M student-run equity fund for Wharton's endowment

employing a fundamental, value-oriented investment strategy; elected Director for Speaker Series

• Viking Global - Stock Pitch Critique: selected as 1 of 6 out of 80 applicants to present stock pitch in front of investment staff

• Sohn and Boston Investment Conference Student Contest participant; selected to represent Wharton at the UNC Alpha Challenge

UNIVERSITY OF VIRGINIA, MCINTIRE SCHOOL OF COMMERCE Charlottesville, VA

Bachelor of Science in Commerce; Concentrations in Finance and Management 2007 − 2011

• Awards: Jefferson Scholar (1 of 34 out of ~4,000 students) - received full-tuition scholarship for academics, leadership, and citizenship

and completed month-long immersion program in China; UVA Echols Scholar (top 5% of the incoming class); Dean's List

• Alternative Investment Fund, Relative Value Fund Member - researched, developed, and pitched long/short equity ideas for portfolio

• Alternative Spring Break - led 14-person service trip to Peru; created long-term strategy plan and curriculum for program directors

EXPERIENCE SURVEYOR CAPITAL (CITADEL) - Received Full-Time Offer Boston, MA / New York, NY

Investment Analyst Summer 2017

Long / short equity hedge fund with $2B AUM

• Identified, analyzed and performed due diligence on public equity investments in consumer and industrials sectors

• Sole analyst responsible for initiating coverage on homebuilders and REITs

• Formulated and tested investment hypotheses through value added research, including collection and analysis of proprietary data,

surveys, field visits and expert meetings/calls

OAKTREE CAPITAL MANAGEMENT New York, NY

Associate 2014 − 2016

Alternative investment management firm with $100B AUM

• Evaluated and led equity and debt investment opportunities for $850M fund, managed 10 portfolio companies, advised management on

corporate strategy/capital structure decisions, and drove idea generation across various industries

• Selected as sole analyst to complete rotation in Distressed Opportunities focused on emerging market opportunities in Latin America

• Developed investment thesis, prepared committee memo on risks and merits, and built detailed model for investments in

publicly traded iron ore company and fast-track mobile turbine power provider Selected Transaction Experience

• $50M investment in Numotion: Developed investment thesis, built detailed financial model, led company and industry diligence

focused on healthcare reimbursement risk, assisted in negotiating definitive documentation (intercreditor agreement, NPA) and

presented findings to portfolio managers that drove investment in complex rehab wheelchair provider

• $75M investment in Aavid: Coordinated in-depth due diligence process, built detailed financial model, and created/presented

investment memo to committee for portfolio company acquisition of thermal management solutions provider

• $40M investment in Quest Specialty Chemical: Developed investment thesis, led valuation analysis for automotive/industrial

segment sale and construction segment recap, managed documentation process, and ran external communications for the group

WELLS FARGO SECURITIES New York, NY

Investment Banking Analyst 2011 − 2014

• Executed M&A and financing transactions for Industrials companies and PE sponsors; designed / led training for incoming team Selected Transaction Experience

• $1.1B private buyout of a metals service center: As the sole analyst, worked directly with CFO and sponsor (The Carlyle Group) to

develop raw material pricing sensitivity assumptions, built detailed financial model, crafted internal memorandum and presented to

senior leadership in multiple groups within the investment banking division

• $300M international rail services acquisition for Koppers: Played a meaningful role in the transaction's origination, built the merger

model and spearheaded due diligence efforts, integration strategy and valuation analysis

ADDITIONAL INFORMATION • Community: American Heart Assoc. (CPR Guinness World Record), Project Renewal (NYC homeless non-profit), Jefferson Scholars

• Interests: Running (NYC marathon), Mandarin (2 years study), Italian cooking, national parks, deep-sea fishing, and the NY Knicks

SAID MENA 2116 Chestnut Street, Apt #3010 Philadelphia, PA 19103 | (914) 310-8438 | [email protected]

EDUCATION

THE WHARTON SCHOOL & THE LAUDER INSTITUTE, UNIVERSITY OF PENNSYLVANIA

Master of Business Administration Candidate; Finance Major

Master of International Studies Candidate; Focus in Latin America

Philadelphia, PA

2016-2018

• Member: Investment Management, Private Equity and Venture Capital, Energy and Entrepreneurship clubs

• Winner at Wharton PE Competition and Runner-up (out of 25 MBA teams) at the Wharton MBA Buyout Competition

• Recipient of: Henry Ralph Ringe, Lauder and CONACYT-FUNED fellowships

INSTITUTO TECNOLÓGICO Y DE ESTUDIOS SUPERIORES DE MONTERREY

Bachelor of Arts; Major in Economics

Mexico City, Mexico

2007-2011

• Ranked first in class in CENEVAL standardized test; Treasurer of Economics Student Association

EXPERIENCE

LUXOR CAPITAL GROUP (Long-short equity multi-billion-dollar hedge fund)

Long-Short Equity Summer Analyst

New York City, NY

Summer 2017

• Sourced and pitched investment opportunities, two of which were included in the investment portfolio. Received excellent feedback

- CPG/Private label: short of a leading US-based CPG company that is being disrupted by the private label trend; covered the entire

grocery and CPG space to understand impact of discounters (Aldi, Lidl) on incumbents (Walmart, Kroger) and the role of online

players (Amazon) on price of relevant products

- Footwear online disruption: short of two athletic footwear retailers in the US; the key insight was that direct-to-consumer sales

trend from brands impacted retailers more than managements acknowledged, in addition to broader competitive price pressures

NORTHGATE CAPITAL (PE fund with ~$5B in assets under management globally)

Private Equity Investment Associate

Mexico City, Mexico

2014-2016

• Analyzed investment opportunities in multiple industries including: specialized retail, entertainment, light industrials, etc.

• Developed financial models and IC presentations as well as coordinated financial, business and legal advisors during due diligence • Led team in $33M investment in Mexico’s leading long-stay accommodation provider

- Successfully modeled market risks such as impact of new competitors on average daily rates, occupancy rates and profit margins - Considered impact of possible economic downturn derived from low oil prices and other fundamentals impacting demand drivers - Evaluated economic feasibility of opening nine new hotels located in three industrial clusters

• Lead associate in $30M investment in leading family entertainment company - Developed relationship with CFO during due diligence and analyzed profitability of 41 existing locations - Created road map to increase EBITDA margin from 24% to 28% in two years and double commercial squared feet in four years - Implemented 100-day-plan: streamlined procurement process with 10% savings, increased average ticket size with new CRM - Chaired post-investment finance committee with CFO and COO to implement value creation initiatives

• Analyzed $38M investment in last-mile connectivity sector - Developed financial model, analyzed impact of government expenditure cuts, exchange rate risk and industry consolidation - Liaised with company directors to create new post-investment organizational structure and compensation schemes

MCKINSEY & COMPANY

Management Consulting Business Analyst

Mexico City, Mexico

2012-2014

• Oil & Gas market entry: Developed market entry strategy for a top-10 conglomerate in Mexico; created methodology to measure

profitability of value chain segments; resulting tool was adopted as the official valuation framework at McKinsey Mexico

• Healthcare cost-reduction implementation: Identified cost-reduction opportunities for second-largest health services provider in

Mexico; persuaded largest hospital to implement efficiency measures resulting in $110M annual savings system wide • Pharmaceuticals portfolio optimization: Created marketing and growth strategy for Mexico’s largest pharmaceutical company;

included identifying opportunity to create private label brands for select pharmaceutical clients while avoiding cannibalization

2012 PRESIDENTIAL CAMPAIGN OF JOSEFINA VÁZQUEZ MOTA

National Civil Youth Leader, PAN – National Action Party (2006-2012 incumbent party)

Mexico City, Mexico

2011-2012

• Coordinated national team of 32 state coordinators who organized 400+ local and university leaders; developed manual of operations

& results dashboard. Exceeded grassroots organization size target by 10%


• Interests: Investing in stock markets, soccer, golf, paddle tennis, traveling and camping. Tutor at online-based educational platform • Languages: English (fluent); Spanish (native); German (fluent); Portuguese (intermediate)

NEIL MERCHANT 1616 Walnut Street, Apt. 611, Philadelphia, PA 19103 | (908) 456-1353 | [email protected]

EDUCATION


Master of Business Administration Candidate; Majors in Finance and Management (GMAT: 750)

Philadelphia, PA

2016-2018

Honors: Spring 2017 Director’s List (Top 10%), First Year Honors (Top 20%), Omnicom Communication Fellow

Leadership: Director of Alumni Relations – PE/VC Club, Panel Manager – PE/VC Conference, Treasurer – Hockey Club


Bachelor of Science in Economics; Concentrations in Finance and Real Estate (Cumulative GPA: 3.6/4.0)

Philadelphia, PA

2008-2012

Honors: Graduated cum laude, Dean’s List (2010 – 2012)

Leadership: Co-Founder and VP – Givology UPenn Chapter (501c3 certified education non-profit organization)

EXPERIENCE

TIGER GLOBAL MANAGEMENT – Global Investment Firm ($24B AUM)

Investment Intern (Part-Time, School-Year), Global Private Investment Team

Philadelphia, PA

Spring 2017-Current

Analyze and perform due diligence on multiple technology subsectors, using primary and secondary research

Evaluate companies through business and financial analysis (market sizing, competitive landscape, unit economics, valuation)

YORK CAPITAL MANAGEMENT – Event-Driven Hedge Fund ($17B AUM)

Summer Investment Associate, U.S. Equities

New York, NY

Summer 2017

Analyzed potential investments across all York investment strategies within consumer, industrial and technology sectors

Completed due diligence by attending management meetings, conducting primary and secondary research and building

detailed models; analysis resulted in two new portfolio investments in payment processing and payroll processing sectors

WELSH, CARSON, ANDERSON & STOWE – Healthcare & Technology PE Firm ($22B Capital Raised)


New York, NY

2014-2016

Assessed potential investment opportunities across WCAS target industries through financial modeling and data analysis

Engaged in all aspects of deal process – identifying, evaluating, structuring, negotiating and closing transactions

Collaborated with portfolio company management teams on strategic and financial initiatives: AIM Software and Alert Logic

Selected Transactions:

Emerus – LBO of operator of “micro-hospitals” providing emergency care through JVs with health systems (undisclosed amount)

Converted raw operating, financial and market data into summary schedules and benchmarked Emerus’ performance vs. peers

and similar WCAS portfolio companies to develop conservative “base operating case” and establish valuation limit

Built model to assess investment returns; composed and presented investment memo to enable partnership to evaluate deal

Recommended post-investment operating initiatives expected to drive cost savings and equity value creation

Project Nebula – LBO of provider of SaaS-based sales force automation solutions to life insurance industry ($350 million; failed)

Synthesized target’s operating and financial data to develop conservative five-year financial forecast

Conducted IPO analysis to determine “floor price” needed to present compelling offer in “dual-track” auction process

Proposed and evaluated multiple transaction structures; analysis enabled deal team to increase headline offer by ~$50 million

AIM Software – Follow-on capital injection for existing WCAS portfolio company in the technology sector (undisclosed amount)

Led transaction process; tasks included: forecasting cash flow, coordinating documentation and managing AIM’s finance team

Worked directly with AIM’s Chairman & CFO to determine equity capital injection amount and pro forma capital structure

BANK OF AMERICA MERRILL LYNCH

Investment Banking Analyst, Financial Institutions Group (FIG)

New York, NY

2012-2014

Built financial models to evaluate impact of mergers & acquisitions, leveraged buyouts and capital markets transactions

Completed five transactions across various subsectors (includes M&A, follow-on equity and debt financing transactions)

Selected Transaction:

Vantiv – Acquisition of Mercury Payment Systems ($1.7 billion)

Prepared internal credit memorandum and built model to establish target valuation and leverage capacity across scenarios

Assisted credit sales team through financing syndication process; responded to diligence questions from potential investors


Interests: Football (avid NY Jets fan), Travel (Europe & Asia), Cycling (both in gym and along Schuylkill River), Golfing

Community Roles (Current and Prior): University of Pennsylvania Alumni Interview Program, NY Cares Volunteer Program

Languages: Gujarati (Fluent), Hindi (Basic), Spanish (Basic)

RAVI MULANI 135 South 19th Street, Apartment 602, Philadelphia, PA 19103


EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA

Master of Business Administration Candidate; Major in Finance 2016 –2018

• Director’s List, Fall 2016/Spring 2017 (Top 10% of Class). Planned Certificate in Law from UPenn Law School

• Finished 2nd from 19-team Wharton stock pitch competition; represented Wharton at CSIMA national pitch competition

• Teaching Assistant for Penn Law Fintech Seminar; Courses include Problems in Financial Reporting and Corporate Valuation

HARVARD UNIVERSITY Cambridge, MA

A.B. Magna Cum Laude in Applied Mathematics and Economics 2008 –2012

• GPA: 3.81/4.00, SAT: 2400 (800 V, 800 M, 800 W), Secondary Field in Ethnic Studies. GMAT: 770

• Senior Thesis: “The Economics of Workplace Interruptions.” Advised by Sendhil Mullainathan, Professor of Economics.

Received Highest Honors; Research supported by funding from the National Science Foundation

EXPERIENCE

SUNRIVER MANAGEMENT Stamford, CT

Summer Investment Analyst 2017

• Performed research and detailed financial modeling of long and short public market investment ideas for equity L/S hedge fund.

Led primary diligence, including discussions with industry experts and building investment models/analyses to test theses.

• Developed and presented ideas to Portfolio Manager/Founder and Sector Heads. Analyses led to investment decisions.

• Analyzed companies within information services, financials, mining, media, and technology industries

RANGELEY CAPITAL New Canaan, CT

Summer Investment Analyst 2016

• Analyzed investment targets for value and special-situations driven hedge fund, working directly with founder / portfolio manager

• Performed deep dives on M&A and value investment opportunities; Industries included technology, industrials, and internet

• Researched and published investment rationale on Seeking Alpha for five different potential firm investments

LINKEDIN San Francisco, CA

Senior Associate, Business Operations 2015 –2016

• Partnered with leaders of Global Customer Operations to drive strategy and analytics for 700+ customer service organization

ADVENT INTERNATIONAL London, UK

Private Equity Associate 2014

• Due diligence and financial modeling on potential $500m - $1bn acquisition of oilfield services target

GOLDMAN, SACHS & CO. New York, NY

Analyst, Financial Institutions Group (FIG) 2012 –2014

• Advised financial institutions on transactions including M&A, divestitures, financing, and share repurchases

• Received offer to return with reimbursement of $85,000 of MBA-related loans (contingent upon return to GS for at least 3 years)

• Constructed detailed accretion/dilution, DCF, DDM, capital, and operational models to evaluate potential transactions


• Aspen Insurance's (AHL) $3.2bn successful takeover defense vs. Endurance Specialty Holdings (ENH)

o Managed cross-functional team, responsible for managing interactions between GS banking, credit, capital markets, legal

teams, anti-raid group and fairness committee, on $3.2bn successful takeover defense

o Constructed merger models evaluating accretion/dilution and value to AHL’s shareholders of ENH offers, including

business-line specific operating model scenarios for the combined entity created through soliciting input from AHL

operating units; analyses used in board presentations, shareholder filings, and press releases

• Strategic review and defense vs. activist investor for $3bn P&C (re)insurer

o Constructed full operational model and recommended running off unprofitable business lines, restructuring business

segments, and rebalancing business portfolio towards high-potential enterprises

MCKINSEY & COMPANY Chicago, Illinois

Summer Business Analyst – Received Full-Time Return Offer 2011


• Interests: Writing: wrote over 40 signed editorial pieces for Harvard Crimson, Global Health, Travel, Chicago Cubs

• Favorite investing books: Margin of Safety, Education of a Value Investor, Buffett Letters, You can be a Stock Market Genius

HEECHEOL PAK 226 W Rittenhouse Sq. #2913 Philadelphia, PA 19103 | 919-260-0564 | [email protected]

EDUCATION


Master of Business Administration Candidate; Majors in Finance & Business Analytics

Philadelphia, PA

2016-2018

• Selected Board Member for Private Equity / Venture Capital, Real Estate and Wharton Graduation Association clubs

• Selected to lead multiple private equity professional treks to New York and Los Angeles

• Member of Investment Management, Restructuring & Distressed, Rugby, Boxing, and Dance Studio clubs

• GMAT: 750 (98th Percentile)

UNIVERSITY OF NORTH CAROLINA

Bachelor of Arts; Major in Economics

Chapel Hill, NC

2003-2010

• Global Market Strategist for UNC’s endowed $1.3 million student-run Reynolds and Global Multi-Strategy funds

• Returned to Korea following junior year to fulfill 26-month military service obligation. Served as squadron leader during

basic combat training

EXPERIENCE

OWL CREEK ASSET MANAGEMENT

Investment Analyst, Long/Short Equity

New York, NY

Summer 2017

• Identified and analyzed public equity investments across beverages, consumer retail, financials, and oil & gas

• Formulated and tested investment hypotheses through value added research, including analysis of proprietary data and

meetings with analysts, executives and industry experts

• Initiated coverage of US beer sector; conducted in-depth primary analysis to form short theses on craft beer producer and

presented recommendation to entire investment team

OAKTREE CAPITAL MANAGEMENT

Associate, Real Estate Opportunities

Los Angeles, CA

2013-2016

• Consistently ranked top performer of peer group and received VP promotion offer

• Analyzed and developed thesis for corporate, distressed debt, and real estate investment opportunities; invested $950 million

of equity across 32 closed transactions for Distressed Opportunities and Real Estate Opportunities funds

• Led industry, business, and financial due diligence, including interviewing company management teams and industry experts

• Created financial models to assess returns impact of different operating scenarios and capital structures

• Developed and presented materials to Oaktree Investment Committee

Select Investment Experience:

• Supervised development, sales, and marketing teams to formulate and implement business plan for multipurpose, 450-acre

ground-up master resort development in Hawaii (group’s single largest investment)

• Advised investment committee on Oaktree’s first venture capital investment in start-up plastic packaging company. Worked

closely with CEO and CFO to develop scenarios analysis and prove business viability

• Led purchase negotiations and underwriting for private equity consortium in acquisitions of prime, coastal residential

masterplan development projects totaling over 650 homes

BANK OF AMERICA MERRILL LYNCH

Analyst, Real Estate, Gaming & Lodging Investment Banking

New York, NY

2011-2013

• Ranked top-bucket analyst both years; recruited from Charlotte to join NY office during 1st year based on performance

• Constructed detailed DCF, LBO and NAV valuation models to evaluate and execute debt and equity offerings, M&A, IPO

and other capital and strategic alternatives

UNIVERSITY OF NORTH CAROLINA MANAGEMENT COMPANY

Summer Analyst, Private Investment Team

Chapel Hill, NC

Summer 2010

• Analyzed and interviewed real estate, buyout, growth equity, venture capital, and natural resource fund managers seeking

commitments from UNC endowment fund


• Interests: Personal investing, hip hop music (C4 Music Group producer), semi-competitive eating, rugby, UNC basketball,

surfing, and snowboarding

• Languages: Fluent speaker and writer of Korean; beginner in Mandarin

JUNJIE (James) PU 201 S. 18th Street, Unit 2404, Philadelphia, PA 19103 | +1 617-803-0212 | [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA Master of Business Administration Candidate; Major in Business Analytics 2016 - 2018 • Active member of Investment Management Club, Private Equity Club, Greater China Club, Basketball Club • Research analyst for Wharton Investment Management Fund, a $2M student-run equity endowment fund • Winner of stock competition Portfolio with Purpose Campus Challenge (No. 1 out of 50+ teams) JOHN F. KENNEDY SCHOOL OF GOVERNMENT, HARVARD UNIVERSITY Cambridge, MA Master in Public Policy Candidate; Major in International Trade and Finance 2015-2018 • Founder of HKS Tea Club; Member of Finance and Macro Club, The Future Society RENMIN UNIVERSITY OF CHINA Beijing, China Bachelor of Economics; Major in Finance 2008-2012 • Student Leadership Scholarship (2010-2012)

EXPERIENCE HILLHOUSE CAPITAL Beijing, China Summer Associate, Investment Team Summer 2017 Chinese investment management company with AUM of US$30bn • Performed financial modeling, industry research, business due diligence and prepared Investment Committee materials for

investment opportunities in snacks, fitness and education industries • Identified two private investment opportunities by conducting fundamental-driven industry research and interviewing company

management, industry experts in education and SaaS industries • Conducted big data analysis and explore innovative methods to successfully evaluate investment assumptions, and developed

education and consumer industry database for team to source high-quality and proprietary investment opportunities CITIC CAPITAL New York, NY Summer Associate, International Private Equity Summer 2016 Chinese alternative investment management company with AUM of US$20bn • Conducted financial modeling, industry analysis, designed due diligence work plan and coordinated consulting firms and industry

experts for due diligence on a $200+ mn take private investment opportunity • Worked with company CEO to design strategic business plan for a newly acquired portfolio company and set plan for entering

Asian markets; analyzed cross-border add-on acquisition opportunities for portfolio companies DEVELOPMENT RESEARCH CENTER OF THE STATE COUNCIL Beijing, China Research Analyst, Enterprise Research Institute Summer 2015 • Conducted analysis on the government policy that stimulated research and development investment within enterprises • Composed case studies for leading innovative Chinese companies to be presented to high-ranking government officials UBS AG Hong Kong, China Investment Banking Associate Director 2012-2015 • Evaluated and executed numerous transactions in TMT, M&A and China team; completed 18 transactions at US$10bn+ • Conducted quantitative, benchmarking and pro-forma analysis, managed due diligence process, conducted DCF and

trading/transaction comparable valuation analysis; created marketing and roadshow materials Selected transaction experiences US$3bn cross-border JV formation between China Resources Enterprise and Tesco Plc. Analyzed the operational and financial performance bilaterally and conducted pro-forma analysis Performed valuation analysis and prepared memorandums for deal teams in Asia and Europe as well as client for deal updates US$2bn Hong Kong IPO of Legend Holdings Conducted financial analysis and valuations for nine major business units using DCF, sum-of-the-parts, trading comparable and

PB/ROE regression methods; worked with senior management of client company on evaluating potential M&A targets US$2.1bn Thailand IPO of BTSGIF (“Equity Issue of 2013”, IFR Asia Award) Coordinated with legal counsel to design transaction structure; prepared documents for setting up the first infrastructure fund

ADDITIONAL INFORMATION Favorite Books: The Intelligent Investor, The Education of a Value Investor, Margin of Safety Interests: Volunteering in teaching and culture heritage protection, swimming, traveling, basketball, aerial photography Language: Mandarin (native)

JAIDEV REDDY 2023 Rittenhouse Sq. Apt 202, Philadelphia, PA 19103

[email protected] | 201-572-1995

EDUCATION THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA Master of Business Administration Candidate; Major in Finance 2016-2018 • President Wharton Art Club • Member of Investment Management Club • Member of Restructuring & Distressed Investing Club

CORNELL UNIVERSITY Ithaca, NY Bachelor of Arts; Major in Economics 2007-2011 • Mutual Investment Club of Cornell: Executive Board Senior Analyst • Summer Internship: Credit Suisse Asset Management Summer Analyst • Philanthropy Chairman: Sigma Alpha Mu Fraternity

EXPERIENCE

INDUS CAPITAL PARTNERS Hong Kong Summer Analyst Summer 2017 • Performed qualitative fundamental analysis and built comprehensive earnings models for Indian companies in the consumer

discretionary and auto-parts sectors • Presented research reports and models to PM and investment team • Accompanied analysts on a research trip to India for management meetings to better understand corporate strategies • Performed channel checks and first-person research on the ground with locals in the region

CHRISTIE’S NEW YORK New York, NY Summer Intern Summer 2017 • Created a commission structure model for business managers • Conducted provenance research for the Peggy & David Rockefeller sale - the company’s largest expected estate sale

GOLDMAN SACHS & CO. New York, NY Securities Associate: Equities Macro One-Delta 2014-2016 • Managed a book of over $25 billion of the division’s total equity inventory through derivative trades driving significantly

higher return on assets and creating efficient use of balance sheet • Engaged with over 30 clients and broker dealers across the globe on a daily basis to provide liquidity in the domestic index

swaps market • Continuously helped negotiate trade deal terms in regards to client credit agreements and other bespoke • Optimized the quality of assets that fund the firm directly improving the firm’s top-line reporting and regulatory capital metrics • Liaised with technology teams to enhance the division’s trading, analytical, and reporting tools leading to more efficient trading

and reduced carry costs • Ranked consistently in the top quartile among peers on annual performance reviews

Securities Analyst: Equities Macro One-Delta 2011-2014 • Facilitated customer trading on single stock, baskets and ETF swaps in markets across U.S., Brazil and Mexico • Selected as a mentor to summer interns and chosen as one of 5 top analysts to redesign the new hire training program • Developed trading strategies around corporate action events on physical stock inventory


SAYA! South Asian Youth Action: Volunteer Elmhurst, NY • Tutored high school math and other subjects and assisted in leading programs to develop leadership skills in high school boys • Encouraged the visual arts with the youth during informal mentoring sessions

The Rubin Museum of Art: Visionary Circle Member New York NY • On a team of 10, helped raise over $25,000 by organizing and promoting an event in conjunction with the annual gala

OTHER • Visual Art – pencil and watercolor. Provided illustrations for a friend’s children’s story working to be published • Tennis – played competitively through the end of high school, continue to play recreationally • Wharton Wildmen – beginner at club ice hockey Wharton Charity Fashion Show – production Committee Member • Professional Certifications: FINRA Series 7, 63, 3, 55

KARAN SABHARWAL 1700 Chestnut Street, Apt. #512, Philadelphia, PA 19103 | 516-728-6602 | [email protected]

EDUCATION

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

Philadelphia, PA2016-Present

PE/VC, Restructuring & Distressed Investing (Board Member), Wildmen Hockey, Tennis and Wine clubs 1st-place winner at NYU Stern Non-Equities (Distressed) Competition; 3rd-place winner at Wharton Stock Pitch Competition

DUKE UNIVERSITY, PRATT SCHOOL OF ENGINEERING Bachelor of Science in Engineering; Major in Electrical & Computer Engineering; Major in Economics

Durham, NC2006-2010

1st-place winner in school-wide Morgan Stanley Trading, Barclays Wall Street Journal, and Boston Consulting Group Case competitions; 3rd-place winner in UBS Valuation Case Study competition

Active in Duke Investment Club (Analyst), Crazies Who Care, and Duke-Durham Tennis Program

EXPERIENCE

CRAYHILL CAPITAL ($1.1 billion AUM special situations credit investing firm) New York, NYPrivate Structured Credit – Summer Investment Analyst Summer 2017 Analyzed structured credit investments backed by discrete assets and cash flows in real estate, energy and media industries Conducted in-depth market and business due diligence, structured bespoke capital solutions that achieved current cash returns

with strong downside protection and potential for upside participation

GOLDEN GATE CAPITAL ($15 billion AUM private equity firm) Private Equity - Senior Associate

San Francisco, CA 2014-2016

Evaluated potential investment opportunities across consumer retail and industrials sectors and presented recommendations to firm’s senior members

Conducted in-depth business and financial due diligence, managed work streams with third-party advisors, and assisted management of portfolio companies in strategic activities

Actively monitored and served as Board Observer for Payless ShoeSource and Springs Window Fashions Selected Investment Experience Pep Boys – ~$1 billion public buyout offer for national auto-parts and services retailer Managed key aspects of diligence, including assessment of industry growth potential, 1-time carve-out contingencies, steady

state profit margins, and product supply agreement Worked directly with CEO and COO team to devise optimal product mix, product pricing plan, and go-forward distribution

model for standalone business MechoShade Systems – ~$100 million completed acquisition of leading provider of solar and roller shading systems Spearheaded due diligence process to assess potential business combination with existing portfolio company Led successful negotiation to defer portion of purchase price into earn-out; favorable transaction structure has resulted in

purchase price reduction of ~15% to-date

FRIEDMAN FLEISCHER & LOWE (Middle-market focused private equity firm with $4.6 billion AUM) Private Equity - Associate

San Francisco, CA2012-2014

Identified, evaluated and executed investment opportunities across broad range of industries; transactions included late stage growth equity, control transactions, structured minority investments, and sector consolidations

Received offer for Senior Associate promotion Selected Investment Experience Project Tiger – ~$1.2 billion final bid acquisition offer for national optical retailer Administered diligence meetings among FFL, management, and advisors; integrated financial analytics into detailed operating

and financial model; evaluated, structured and negotiated $900M acquisition debt financing

BANK OF AMERICA MERRILL LYNCH Investment Banking - Leveraged Finance Analyst

New York, NY2010-2012

Structured and executed leveraged loan and high yield bond financings to support leveraged buyouts, recapitalizations, and refinancings across healthcare, industrials and real estate & gaming industries

Top ranked Analyst each of two years and offered Senior Analyst promotion Elected by senior bankers to serve on BAML’s Analyst Advisory Committee; reported directly to Vice Chairman

ADDITIONAL INFORMATION Interests: Duke sports faithful, podcasts, travelling (visited 23 countries), and fantasy football

PETER S. SACK 1837 Spruce Street ‖ Philadelphia, PA 19103 ‖ [email protected] ‖ +1-904-860-0495

EDUCATION


Master of Business Administration Candidate; Majors in Finance and Multinational Management

Philadelphia, PA

2016-2018

• Board member of Private Equity and Distressed Investing Clubs

• Active member of Greater China, Southeast Asia, and Squash Clubs

FULBRIGHT RESEARCH SCHOLARSHIP

Fulbright Fellow, Sun Yat-sen University

Guangzhou, China

2011-2012

• Conducted independent research on manufacturing, labor, and demographic trends in Pearl River Delta through U.S.

Department of State’s Fulbright Program

• Performed interviews with migrant workers and managers in textile factories, markets, and legal aid clinics regarding

workplace injury and unpaid wage disputes

YALE UNIVERSITY

Bachelor of Arts; Major in East Asian Studies (China), cum laude, Distinction in the Major

New Haven, CT

2007-2011

• Tsinghua University, Beijing, Spring 2010. Taught, raised funds for library in school for children of migrant workers

• Research funding: Area Studies Grant (2009), Council on East Asian Studies Grant (2010), Helzer Award (2010)

EXPERIENCE

KNIGHTHEAD CAPITAL MANAGEMENT ($3.0 billion AUM distress and special situation credit fund)

Analyst

New York, NY

Summer 2017

• Evaluated opportunities in credit securities and restructuring processes within Greek banking sector, Puerto Rico municipal

debt, IT services sector, and liquified natural gas transport

ANTHEM ASIA (Private equity firm targeting Myanmar’s middle class and business service sectors)

Associate

Yangon, Myanmar

Summer 2016

• Performed financial and market analyses for investment opportunities in Myanmar’s pharmaceutical industry and online

employment platforms. Led selection and roll-out of ERP system for portfolio company, Zagar Communications

ATLAS HOLDINGS LLC ($1.4 billion AUM distress and special situation private equity firm)

Associate

Field Analyst

Greenwich, CT

2014-2016

2012-2014

• Evaluated investment opportunities, monitored portfolio company performance, and managed sale processes focused in

distressed industrial sectors and other turnaround opportunities in North America, China, and Europe

• Consulted with portfolio company management teams to aid strategic decision making and crisis management, including

leading resolution of liquidity crisis within a $500 million forest products portfolio company

• Founded the Atlas Leadership Academy, still active leadership development program to identify, reward, and develop mid-

career managers across 15 portfolio companies; wrote curriculum, selected managers to gather for training seminars


• Acquisition of Leon Interiors Inc. (February 2015)

Conducted financial and operational due diligence for $200 million, cash flow negative automotive supplier

Following acquisition, led finance team in cash flow management and forecasting during challenging turnaround process

Developed and executed company’s first foreign currency hedging strategy with annual notional value of $40 million

• Senior credit facility for Leon Interiors Inc. (December 2015)

Coordinated lender diligence and negotiation process including complex U.S.-Mexico cross-border structuring and cash

flow forecasting for $30 million facility

• Sale of Pangborn Group (November 2015)

Managed sale of capital equipment manufacturer with operations in six countries for price in top quartile of expectations

• Acquisition of two 30,000 deadweight ton dry bulk vessels (elected not to close)

Developed firm’s first shipping market view, forecasted cash flows and vetted opportunities in depressed sector

Led negotiations with Chinese state-owned shipyard; ultimately determined shipping market inopportune


• Community Leadership: Advisor and writer for Wynee, online platform providing career advice to Myanmar youth

• Internships: Hong Kong Legislative Council (2009): Drafted amendment to Hong Kong Voting Rights Law

• Interests: Bottle cap collection of 8,000+ unique caps, Chinese labor issues and Hong Kong politics, running, squash

• Languages: Mandarin Chinese – Professional fluency & reading proficiency; Spanish – Conversational fluency

TWISHMAY SHANKAR 2116 Chestnut Street, Apt. 2210, Philadelphia, PA 19103 | +1-267-346-2808 | [email protected]

EDUCATION


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

Philadelphia, PA

2016 – 2018

• Chair (Speaker Relations & Sponsorship) of Wharton India Economic Forum 2017-2018

• Board Member (International) of Private Equity & Venture Capital Club, Panel Manager for Wharton PE/VC Conference

• Member of Fintech, Investment Management, Poker, Squash, Scotch & Whiskey, and Aviation clubs

• GMAT Score: 770 (99th Percentile), Level II Candidate in the CFA Program

INDIAN INSTITUTE OF TECHNOLOGY, BOMBAY

B. Tech. in Chemical Engineering; Minor in Humanities and Social Sciences

Mumbai, India

2007 – 2011

• Ranked 1019 out of 500K candidates in IIT Joint Entrance Exam (99.8th percentile)

• Academic Awards: KVPY Scholar (2006), NTSE Scholar (2005), 4th in Delhi in Mathematical Olympiad (2006)

• Manager of Entrepreneurship Cell: Core leadership team member leading 300 volunteers with budget of c.US$100K

EXPERIENCE

BALYASNY ASSET MANAGEMENT Multi-strategy hedge fund with AUM of US$12B+

Summer Analyst, Healthcare Long / Short Equity

New York, USA

Summer 2017

• Initiated coverage on 15+ US stocks across medical devices, life science tools, healthcare software/ IT, and CRO sectors

• Performed primary research, participated in earnings calls, built complex scenario-based financial models

• Presentation of top ideas led to fund increasing positions on two mid-cap stocks in medical technology sector

ACTIS CAPITAL Emerging markets focused private equity firm with AUM of US$7.6B

Analyst, Private Equity

Mumbai, India

2014 – 2016

• One of two top rated Analysts across global Analyst pool

• Evaluated US$70-300M investment opportunities in 100+ companies across four industry verticals

• Generated independent investment ideas, originated at industry conferences, prepared detailed financial models, authored IC

memos, conducted due diligence, and managed portfolio value-creation projects and exit processes

• Sector experience: Financial Services, Pharmaceuticals, Healthcare Technology, Consumer Goods

Selected Deal Origination and Evaluation:

• Conducted due diligence to evaluate US$100M investment to finance merger of two publicly listed banks, US$70M

investment in leading Indian pharma company, and US$90M investment in largest Indian test-prep service provider

• Initiated coverage of Indian sports manufacturing sector: developed investment thesis, built relationships with sponsors,

researched industry and identified two strong prospects for potential investment in 2016

Portfolio Management:

• Increased IRR by 3% (US$80M value) by identifying and executing US$40M acquisition for 100%-owned US (Dallas)

based healthcare technology portfolio company; assisted in debt restructuring and dividend recapitalization

• Guided management team on strategy and annual budget of 100%-owned biotech pharmaceutical company

ROTHSCHILD GROUP

Analyst, Investment Banking (Global Financial Advisory)

New Delhi/ Mumbai, India

2012 – 2014

• Developed comprehensive financial and operating models, performed valuation analyses, prepared detailed information

memorandums, and led international teams in preparation of government tender RFPs

• Sector experience: Industrial Goods, Sports & Media, Oil & Gas, Renewable & Conventional Power

Selected Transaction Experience:

• Advised Government of India oil and gas company on its US$1B acquisition of upstream oil & gas assets in Azerbaijan

• Advised senior management of leading Indian sports franchise on valuation for US$150M divestment of majority stake;

identified and liaised with 40 international investors and coordinated due diligence process

• Conducted due diligence on Sovereign Wealth Funds’ potential US$100M investment in 600MW Indian power plant

MORGAN STANLEY

Technology Associate

Mumbai, India

2011 – 2012

• Integrated OTC financial products into wealth management systems to calculate portfolio performance metrics


• Music – Piano and Guitar: Composed background score for 5+ plays & short films; performed in 12+ college music events

• Other Interests: Stock Market Investing, Psychology, Poker, Physics, Technology, Magic

EDMUND VINCENT G. SORIANO 301 S 19th St., Apt. 8B, Philadelphia, PA, 19103 ● (703) 303-3540 ● [email protected]

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA Master of Business Administration Candidate 2018 Director’s List awardee (top 10% of class); First-Year Honors awardee (top 20% of class) Member of Investment Management Club, Private Equity and Venture Capital Club, Public Speaking Club, Tennis Club GMAT: 780 (99th percentile)

HARVARD UNIVERSITY Cambridge, MA A.B. Applied Mathematics Major GPA: 3.8 Cumulative GPA: 3.7 2011 High Honors in Field Earned 3.9 GPA in PhD-level coursework – market design, auction theory, psychology and economics, normative economics President, Harvard Philippine Forum – Tripled club membership from 10 to 30; doubled activities to 12 events per semester Chief Financial Officer, Harvard National Model U.N. – Supervised $200,000 budget, 180 staff for 3,000-delegate conference

EXPERIENCE

CITADEL LLC ($25bn global multi-strategy hedge fund) New York, NY Summer Associate, Surveyor Capital – Long/Short Equity 2017 Conduct fundamental research supporting idea generation within eight-person TMT/Consumer team managing $2bn portfolio TIGER GLOBAL MANAGEMENT ($20bn+ alternative asset manager) New York, NY Term-Time Intern 2017 Perform fundamental and primary research on investment themes within internet, consumer, and business services sectors GIC SPECIAL INVESTMENTS (Singaporean sovereign fund with an estimated $350bn+ AUM) New York, NY Assistant Vice President, Direct Investments Group (direct promote to post-MBA role) 2015 – 2016 Private Equity Associate, Direct Investments Group 2013 – 2015 Evaluated and executed 12 principal investments in leveraged buyouts, recapitalizations, private placements, and distressed credit Invested $2.1bn of capital as a core member of 10-person N. American team; founding member of global tech practice Selected Transaction Experience

$7.7bn buyout of Multiplan, the largest provider of out-of-network cost containment solutions for U.S. healthcare payers (closed) • Performed diligence with focus on healthcare spending trends, product economics, key customer relationships, sales pipeline • Developed financial projections by product and by customer, based on historical claims data, product efficacy, contract rates $752mm buyout of Turnitin, the largest global provider of anti-plagiarism software (closed) • Conducted business due diligence with focus on product adoption rates, competition, customer willingness-to-pay • Built detailed tops-down subscription-based operating model driven by market penetration rates and ARPU growth $750mm equity recapitalization of Kronos, a leading provider of workforce management software (closed) • Completed business due diligence with focus on white space analysis, SaaS evolution, market growth, competitive position • Projected financial performance across operating scenarios; analyzed impact of SaaS transformation on growth and profits

MORGAN STANLEY New York, NY Investment Banking Analyst – Industrials M&A and Corporate Finance 2011 – 2013 Investment Banking Summer Analyst – Industrials M&A and Corporate Finance 2010 Closed four transactions including company sale, asset divestiture, asset acquisition, and IPO within the industrials sector Advised 30+ clients on M&A, strategic alternatives analyses, transaction financing, and capital markets advisory assignments Modeled operating, financing, M&A, and LBO scenarios to evaluate pro forma financials, capitalization, and credit statistics

HARVARD / M.I.T. COOPERATIVE SOCIETY Cambridge, MA Member, Board of Directors 2010 – 2011 Guided co-op store with $40mm in sales as one of four Harvard undergraduates elected to the board by a voting body of 1,400 Coordinated overhaul of online presence resulting in launch of new website; served on internet, audit, and finance sub-committees


Interests: Euro-style strategy games, behavioral economics, investing, soccer, travel (recently to Israel, Chile, India, Hungary) Community Involvement: Engagement Chair – Young Professionals Committee, Parent-Child Home Program (2016)

BIANCA TOMKORIA 2031 Locust Street, #1903 | Philadelphia, PA 19103


EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Master of Business Administration Candidate

Philadelphia, PA

2016 – 2018

Major in Finance and Management Recipient of Kamal F. Tabet Fellowship Winner of Class of 2018 Communication Challenge PE / VC Club, Restructuring and Distressed Debt Club, Wharton Impact Investing Partners UNIVERSITY OF CALIFORNIA, BERKELEY Bachelor of Science in Business Administration

Berkeley, CA

2008 – 2012

Head Chair of Berkeley Model United Nations, Instructor and Caseworker at the Suitcase Clinic Universidad Carlos III, Spring 2011, Instruction in Spanish

EXPERIENCE

DAVIDSON KEMPNER Associate, Distressed Investments

New York, NY

Summer 2017

Evaluated strength of market opportunity for homebuilding and residential land in Spain’s top six markets Examined regional breakdown of demographic trends, employment data, and housing supply and demand indicators Analyzed largest public competitor on the heels of its IPO following the bankruptcy of all pre-crisis public competitors

Selected Transaction Experience Costa del Sol Homebuilder — €124mm [In Process]

Presented investment opportunity of a portfolio of 19 residential land sites in Costa del Sol to Credit Committee. Analysis included non-core asset disposal, infrastructure investment, and potential to seed larger development platform

Boots-Walgreens Retail Pharmacies — £170mm [In Process] Analyzed potential purchase 311 Boots-Walgreens retail pharmacies from FMS Wertmanagement (German bad bank) via

share sale. Portfolio represented over 12% of Boots U.K. real estate portfolio OAKTREE CAPITAL Associate, Real Estate Opportunities

New York, NY

2014 – 2016

Analyzed 75 transactions totaling over $3 billion of real estate related investment opportunities ranging from the takeover of public companies to the acquisition of developable land and office buildings

Evaluated positions across the capital stack from senior mortgages to common equity for both Debt and Equity Funds Closed on eight deals totaling $1.07 billion in asset value and managed closed acquisitions through lifecycle

Selected Transaction Experience Hilton Washington, D.C. — $306 million [Closed]

Closed on acquisition of historic 1,070-key hotel inclusive of parking garage, four food and beverage outlets, and 110k square feet of meeting space. Business plan included a $20mm capital plan and the addition of 74 guestrooms

Conducted a fundamental analysis of the Washington D.C. hotel market amidst an unprecedented rise in new development and a stalled recovery from the Great Recession and government budget crises

Western North Dakota Land — $73 million [Closed] Underwrote and executed on purchase of 34 acres of land in heart of the Bakken shale oil patch Authored white paper on North Dakota’s shale boom and its impact on housing amidst a crash in oil markets

MORGAN STANLEY Analyst, Investment Management

San Francisco, CA

2012 – 2014

Performed analyses for potential acquisitions ranging from Core to Opportunistic risk strategies for deals up to $1.0bn in asset value Built complex financial models, adapting functionality to analyze various purchase, operating, and financing scenarios Assisted recruitment and coached new interns and first-year analysts, driving a collaborative, energetic team culture


Interests: bourbon, college basketball, travel (lived in Tokyo, Bombay, Singapore, Madrid; traveled to 40 countries) Languages: advanced Spanish, basic Hindi basic Japanese

KERN VIJAYVARGIYA 2020 Walnut Street #25A, Philadelphia, PA 19103 | +1 321.506.0911 | [email protected]

EDUCATION


Master of Business Administration Candidate; Major in Finance

Philadelphia, PA

2016-2018

2nd Place (out of 25 teams from leading MBA programs) – 2017 Wharton MBA Buyout Case Competition

Wharton Investment Management Fund Fellow / Director of Research, Standup Comedy Show Performer, Director’s List

RICE UNIVERSITY

Bachelor of Arts in Mathematical Economic Analysis and Managerial Studies

Houston, TX

2008-2012

summa cum laude; Phi Beta Kappa; Rice Debate Team (2008-2012); GPA: 4.10 (A+ = 4.33); GMAT: 770

Rice Presidential Scholarship (full scholarship; merit-based); Pitman and Hansen awards (top student in Managerial Studies)

EXPERIENCE

COATUE

Summer Analyst

New York, NY

Summer 2017

Hedge fund with ~$11B under management; invests in public and private equity markets

Public Equity Investment (Closed) – Leading Retailer of Women’s Apparel and Bath & Beauty Products

Sourced and pitched short idea, after identifying major shift in fashion trends that increased competitive intensity

Drafted, implemented, and analyzed survey of 1,000 U.S. women, which strengthened conviction in thesis

Short idea added to portfolio after presenting thesis and supporting evidence to firm’s Portfolio Manager / Owner

Share price of shorted stock declined ~20% in remaining seven weeks of internship, increasing firm’s P&L

GOLDEN GATE CAPITAL


San Francisco, CA

2014-2016

Private equity firm with ~$15B under management; invests in various industries including enterprise software and consumer

Select Experience

New Acquisition (Final Bid) – Software Provider for Public Safety Agencies: ~$210M TEV

Developed detailed LBO model to assess ability to pay and investment returns under various scenarios related to

economic performance, acquisitions, leverage, dividend recapitalization, and management equity plans

Developed full lender model to stress-test economic performance, debt pay down, and covenant compliance; spoke

directly with lenders and responded to questions and requests; team secured $80M debt financing commitment

Coordinated diligence requests with all third-party advisors, including business, accounting, legal, and technology

Led calls with expert network advisors to identify industry trends and assess competitive differentiation of target

Sale (Closed) – J.Jill: $400M TEV

Reviewed legal agreements to update equity waterfall and calculate investment returns for Golden Gate Capital

Reviewed sale agreement to identify key economic and legal points for review by full investment team

Tracked all wired funds to ensure full receipt of all contractually-obligated sale and escrow proceeds

Debt Refinancing (Closed) – Infor: ~$2B Refinanced

Developed financial model to assess impact of debt refinancing, which reduced annual interest expense by >15%

Created comprehensive presentations for lenders; secured commitments for ~$1.4B and $600M notes offerings

Developed funds flow analysis to trace sources and uses of all funds, including debt repayment penalties

New Acquisition (2nd-Round Bid) – Leading Accessories Wholesaler: ~$600M TEV

Developed operating model with projections for market growth, new doors, and productivity improvements

Reviewed company’s data room to analyze top customer performance, brand margin trends, and M&A track record

MCKINSEY & COMPANY

Business Analyst

Houston, TX / Other U.S. / Australia / Netherlands / U.K.

2012-2014

Select Experience

External Spend Reduction Diagnostic: Major European steel manufacturer

Initiated and applied diagnostic to identify procurement savings opportunities across annual spend base of €450M

Turnaround Management: Major Australian packaging company

Tracked progress of all initiatives in a cash flow turnaround program ($120M AUD savings)

Accounts Receivable Collections Optimization: Major international oilfield services company

Developed tool for tracking receivable collections, rolled-out globally across entire company


Interests: Weightlifting, Latin dancing (salsa / bachata), standup comedy, travel, foreign languages, chess, reading

Languages: Conversational in German and Spanish

BRENT E. WILSON 2020 Walnut Street, Unit 22H, Philadelphia, PA 19103


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


Awarded Joseph Wharton Fellowship for academic, leadership and professional excellence Winning Team (#1 of 19) in the Investment Management Club Stock Pitch Competition, Winning Team (#1 of 12) in the

Cornell MBA Stock Pitch Competition and Finalist (#3 of 11) in the ABI Restructuring Case Competition Co-President of Wharton Restructuring and Distressed Investing Club, Co-Head Writer for Wharton Follies, Member of

Investment Management Club, G.U.I.D.E. Mentor and Member of African-American MBA Association GMAT: 740 (97th percentile)

DEPAUL UNIVERSITY Bachelor of Science in Commerce; Major in Finance and Accounting

Chicago, IL

2006-2010 Graduated Summa Cum Laude; Dean’s List Recipient All Quarters Attended; GPA: 3.9 / 4.0 President of DePaul Chapter of the National Association of Black Accountants and Co-Founder of the DePaul Finance

Honor’s Program Alumni Association, a 50-member organization for alumni of the university’s advanced finance curriculum

EXPERIENCE ARCHVIEW INVESTMENT GROUP ($500mm AUM hedge fund) Summer Investment Analyst

Stamford, CT Summer 2017

Independently conducted fundamental research of stressed and distressed debt and equity investment opportunities with a focus on pharmaceutical, real estate and consumer goods industries

Built detailed operating models, studied credit documentation and led calls with management teams and industry experts Presented two opportunities to investment committee, one of which resulted in initiation of a new position for the fund Received offer to continue work throughout the 2017-2018 school year

VARDE PARTNERS, INC. ($12bn AUM global hedge fund) Investment Analyst

Minneapolis, MN

2014-2016

Evaluated a diverse set of investment opportunities in the real estate space including hard assets such as hotels and office towers, land development projects, corporate buyouts of real estate operating companies and portfolios of distressed loans

Conducted industry analysis on the mortgage REIT industry that contributed to buildout of fund’s real estate credit business Executed investment opportunities resulting in over $120 million of capital deployed during 2-year period Select Transaction Experience Leveraged buyout of global commercial real estate servicer with $70 billion in servicing assets

Prepared investment memorandum that outlined investment thesis, business fundamentals and recommendation Created complex financial model of the standalone business and a potential merger with existing portfolio company Independently structured and negotiated $20 million debt financing and managed outside counsel relationship

Acquisition of Los Angeles office building for $49 million Consulted with operating partner, market experts, engineers and lawyers to construct redevelopment model Developed business plan for entitlement process and property repositioning and presented to investment committee

Independent valuation of non-prime mortgage lender originating $60 million per month Constructed financial model to value fund’s multi-tranche investment with aid of portfolio company CEO and CFO

J.P. MORGAN SECURITIES LLC Leveraged Finance Associate Corporate Client Banking / Leveraged Finance Analyst

Chicago, IL 2013-2014 2010-2013

Arranged and executed over 50 debt financing transactions for acquisitions, buyouts and leveraged recapitalizations Served as Midwest Region Representative on an 8-member national council to address concerns of analysts and associates Maintained performance rating in the top quintile of the analyst and associate class at each annual performance review


Interests: Minnesota professional sports, Wildmen Hockey, international soccer and commercial architecture Languages: Proficient in Spanish; conversational in Portuguese

CECI ZHANG, CFA 540 Page Street, San Francisco, CA 94117 | +1 570 637 6628 | [email protected]

EDUCATION


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

Philadelphia, PA

2016-2018

• Selected as one of 12 second-year “Fund Fellows” to help manage Wharton Investment Management Fund (~$2MM)

• Represented Wharton at the 2016 Michigan Stock Pitch Competition (1 of 6 Wharton teams chosen out of ~60 students)

• Selected to participate in the 2016 UNC Alpha Challenge (individual) and Cornell Women in Investing Conference

• Catherine D. Sharpe Fellowship Recipient (multi-year merit-based scholarship award covering ~40% tuition)

• Member of Investment Management, Restructuring & Distressed Investing, Dance Studio, and Food clubs


BRANDEIS UNIVERSITY

Bachelor of Arts in Economics & Mathematics, GPA 3.9/4.0

Waltham, MA

2008-2012

• Graduated Magna Cum Laude; Phi Beta Kappa; Wien Scholarship Recipient (full tuition awarded to ~10 students)

EXPERIENCE

CITADEL LLC

Summer Associate – Surveyor Capital

• Initiated coverage on global luxury sector using primary research, sell-side calls, and mgmt. meetings

• Build detailed financial models and formulated investment thesis on three names; presented findings to team

NEUBERGER BERMAN ALTERNATIVES


New York, NY

Summer 2017

New York, NY

2015-2016

• Executed 10+ investments totaling $500MM after evaluating 50+ investment opportunities, including equity co-investments and

credit investments across all sectors. Received top-tier ranking

Selected Investments:

Duff & Phelps ($220MM investment, Financial Services) – NB Private Equity’s largest platform deal

• Engaged with management team and divisional heads extensively to diligence key growth drivers for each division

• Created detailed quarterly model by segment to analyze returns for different operating cases

• Conducted 10+ calls with internal and external research analysts to understand sector trends and competitive landscape

Ellucian ($15MM investment, Software)

• Utilized dynamic quarterly financial model to analyze returns and sensitize revenue drivers; sensitivity analysis showed attractive

returns and verified team’s investment thesis

• Assessed and validated market position and product differentiations through interviews with industry experts and research analysts;

formulated investment thesis and recommended approval for $15MM investment

Pelican Products ($30MM second lien investment, Consumer)

• Led due diligence discussions with sponsor, sell-side investment bank, and CFO of target company

• Formulated investment considerations, concerns, mitigating factors and presented detailed investment memo to committee

CITIGROUP

Investment Banking Analyst, Global Industrials

New York, NY

2012-2015

• Helped drive all stages of 6+ completed debt, equity, and M&A transactions, including developing financial models, leading due

diligence sessions, and drafting committee memos and board presentations

• Promoted to 3rd year Analyst

Selected Transactions:

ADT’s Acquisition of Reliance Protectron ($500MM)

• Collaborated with management team to assess revenue build-up, cost drivers, and industry trends; developed complex operating

model by channels and recommended valuation range of $450 - $550MM

• Conducted business and financial due diligence to validate performance outlook and transaction rationale for client

Divestiture of Cameron’s Centrifugal and Reciprocating Divisions to Ingersoll-Rand and GE Oil & Gas ($1.4BN)

• Researched flow control industry and its major companies to formulate targeted list of five buyers; constructed model to evaluate

impact of different alternatives such as spin-off and sell whole on shareholder’s value

• Created board meeting materials summarizing transaction highlights, and obtained final transaction approval from the Board


• Technical skills: Bloomberg, Capital IQ and FactSet; passed all three levels of CFA consecutively on first attempt

• Interests: Personal investing (3+ years), poker, boutique fitness classes (barre, zumba, etc), consumer psychology, ethnic cuisines,

and board games (The Resistance, Bang!, etc)

• Languages: Fluent in Mandarin and Beginner in French

STEPHEN ZHANG 2015 Chestnut Street, Apt 2F | Philadelphia, PA 19103 | (+1) 267-810-8933 | [email protected]

EDUCATION


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

Philadelphia, PA

2016-2018

Equity Research Analyst for Wharton Investment Management Fund, a $2 million student-run value equity fund

Active member of Wharton Dealmakers Club, Coffee Club, and Greater China Club

NORTHWESTERN UNIVERSITY

Bachelor of Arts; Dual Major in Economics and Astrophysics (GPA: 3.82)

Evanston, IL

2008-2011

Honors: magna cum laude; Dean’s List; Kellogg Certificate Program for Undergraduate

EXPERIENCE

HILLHOUSE CAPITAL MANAGEMENT: $30 billion leading Chinese investment fund

Summer Associate

Beijing, China

Summer 2017

Evaluated buyout and growth investment opportunities across consumer, retail, and technology industries via business,

financial, and market due diligence. Conducted industry channel checks for multiple potential investment opportunities

Prepared deal-related materials including committee presentations, memorandums, and post-deal business analysis

Selected Research Experience

China K12 Education sector mapping: Conducted comprehensive industry mapping on offline K12 tutoring market, identified

key industry trends and evaluated key success factors. Deep-dived on leading players and evaluated investment opportunities

Global CRM Industry review: Studied Salesforce’s product roadmap and platform strategy, and drew implications for China

CALIXTO GLOBAL INVESTORS: $500 million global TMT hedge fund led by ex-Director of Research of JAT Capital

Investment Analyst (Rated as top performer among all previous three MBA intern classes)

Miami, FL

Summer 2017

Analyzed 15+ investment opportunities in the internet and media space with focus in China and Japan

Formulated and tested investment hypothesis through value added research, including collection and analysis of proprietary

data; built fundamentally-driven integrated financial models to assess companies’ earnings power relative to consensus

Selected Investment Experience

Initiation of ZTO Express: Formed stock recommendations through primary research (mgmt. interview, 1-week China DD

trip), and financial model with focus on evolving unit economics (market share, ASP predictor, cost evolution)

BAIN & COMPANY

Senior Associate Consultant – Greater China Generalist

Greater China

2014-2016

Received performance ratings of “exceeds expectation” for problem solving skills and client results / communication

Designed strategic change programs across key corporate functions (investment, distribution, product development, etc.) with

an industry focus of financial services (direct investment, mutual fund, insurance, etc.) and real estate development

Selected Project Experience

Redesigned business processes for a real estate developer in HK: Examined improvement areas throughout the value chain;

Discovered root cause of over-budget of a $2Bn residential project and earned COO buy-in on operational recommendations

Developed China entry strategy for multi-trillion US asset manager: Identified opportunities in pension space and played key

role in client winning a $1B mandate; Led finance team to develop market entry cases, resulting in $100M budget from HQs

MORGAN STANLEY

Investment Banking Analyst – Global Industrials Group / Equity Capital Markets

Hong Kong

2011-2014

Modeled to assess valuation effects of mergers and acquisitions, initial public offerings and leveraged buyouts

Used Acquisition and Public Comparables, DCF, LBO, and Sum of Parts methodologies to value businesses

Created and drafted marketing materials for board presentations, memoranda for clients, business pitches, and road shows


Beijing Auto $850 million strategic stake sale to Daimler and $1.4 billion HK IPO: Built DCF and SOTP model, prepared

public comparables analysis; Constructed negotiation materials covering industry benchmark, valuation and deal structure

Chinese auto OEM’s $400 million acquisition of an int’l engine manufacturer: Performed in-depth target analysis based on

CIM and mgmt. presentation; Conducted DCF and comparables valuation; Identified key issues through due diligence


Favorite Books: Blink, The Most Important Thing, Good to Great, Art of Learning, The Outsiders

Interests: Tough Mudder, trying new Pad Thai flavors, and finding under-estimated players for my fantasy basketball teams

Languages: Native speaker of Mandarin and Cantonese

Documents

The Wharton School Class of 2018 2nd Year …...The Wharton School Class of 2018 2nd Year Resume Book Resume Book Details Academic Year: 2018 Description The Wharton Resume Book for