ORANGE VALUE FUND Class of 2015 Analysts

ORANGE VALUE FUND
Class of 2015 Analysts
Benjamin Basson
Joe Chan
Andres Diz
Eric Fitzgerald
Elmer Luke III
Joseph P. Morgan
Benjamin Uhing
Benjamin N. Basson
[email protected] / 206-919-6220
Current Address:
514 Walnut Ave, Syracuse, NY 13210
Permanent Address:
7035 38th Ave NE, Seattle, WA 98115
LinkedIn Profile: www.linkedIn.com/in/bassonbenjamin
EDUCATION
Syracuse University
Syracuse, New York
Martin J. Whitman School of Management
Expected May 2015
 Bachelor of Science, Finance Major, Cumulative/Major GPA: 3.2/3.6 and Dean’s List Spring Semester 2014
PROFESSIONAL EXPERIENCE
The Orange Value Fund, LLC
Syracuse, New York
Senior Analyst
Fall 2013 – Present
 Participating in a two year money management program that trains students to become investment analysts by running a $1.8mm
unregistered hedge fund using a deep value investing methodology pioneered by Martin J. Whitman.
 Completing the following customized course modules: Value Investing, Introduction to Financial Modeling for Investment
Banking, Introduction to Derivatives, Activist and Distress Investing.
 Leading portfolio company projects, including researching and writing reports on AVX, WCL and FCX.
Lazard Asset Management
New York City, New York
U.S. Large Cap Equity Research Analyst Intern
Summer 2014
 Rotated between the Emerging Markets, International/Global and U.S. Equities groups within Lazard Asset Management.
 Developed recommendations of investments for portfolio managers in collaboration with experienced research analysts utilizing
advanced financial modeling techniques including DCF, LBO, Multiples and Comps analysis.
 Presented investment ideas analyzed by the equity research team to Lazard’s senior management.
Eastern: A Xerox Company
Syracuse, New York
Business Development and Consulting Intern
Summer 2013
 Successfully implemented business development projects by attaining net new business opportunities using customized
prospecting techniques and by building sustainable client relationships.
 Exceeded monthly development goals (cold calls by 120%, appointments by 200% and FM-A by almost 350%) while effectively
communicating project results to upper management and sales representatives via daily, weekly and monthly reports.
CAA Tactical
Ashdod, Israel
Business Development and Marketing Intern
Summer 2012
 Led a CAA Tactical high capacity magazine sales project and was in charge of directing and facilitating operations.
 Improved communication in the Israeli office, the U.S. office, and with international clients by categorizing thousands of existing
contacts, facilitating English language communication among all parties and improving personal client relations.
WORK EXPERIENCE
Best Buy
Syracuse, New York
Computers and Tablets Sales Consultant
Summer 2013
 Assessed customer needs and developed complete technological solutions including software, hardware and service plans.
 Established excellent customer relations that led to multiple high margin sales and customer requests for my expertise.
Syracuse University
Syracuse, New York
University Medical Transportation Services Driver
Fall 2011 – Present
 Transport patients in an SU medical van to health clinics and hospitals in the Syracuse metropolitan area.
PROFESSIONAL ORGANIZATIONS
 Delta Sigma Pi: 2013 National Grand Chapter Congress Delegate and Xi Tau chapter brother since fall of 2012. Senior member
of the finance and investments board responsible for overseeing fraternity expenditures and creating annual budgets.
 Syracuse University Investment Club: Active member of the investment club managing a portfolio of over $200,000 since 2011.
 Whitman School of Management Alumni Mentor Program: Mentored by a SU Alum business professional, 2012-2013.
SKILLS
 Computer: Excel, PowerPoint and Word, Bloomberg Certified in equity, fixed income and FX and S&P’s Capital IQ.
 Financial: Financial document analysis, fundamental and value investing, technical analysis and investment report development.
 Languages: Fluent in speaking, reading and writing in Hebrew and English.
 Communication: Excellent skills in communicating with people from varied cultural, national and generational backgrounds.
Benjamin N. Basson
Benjamin was introduced to finance when his father helped him open his first savings
account at the age of six. He has actively pursued his interest in finance and investment ever
since. Benjamin grew up in Israel and moved to Seattle, Washington at the age of 15. Upon his
arrival in the United States, he worked tirelessly to accustom himself to life in this country.
Benjamin started a friendly financial competition with his new high school friends using market
simulation software, an activity that helped him make the cross-cultural adjustment. The
competition also increased Benjamin’s understanding of the stock market, investing and
research.
Upon Benjamin’s arrival at Syracuse University in 2011, he joined the Syracuse
University Investment Fund, a student run organization that manages over $150,000. Benjamin
is also a member of the Delta Sigma Pi professional fraternity. He is currently responsible for
allocating the fraternity’s funds as a member of its finance and investment boards. In addition,
Benjamin has held professional internships in business development and marketing, consulting
and equity research in both the United States and Israel. These internships have contributed to
his wide array of interpersonal, communication and cross-cultural skills.
As a Senior Analyst with the Orange Value Fund, Benjamin will use the valuable
experience he has acquired through his professional internships and international life
experiences to bring innovative perspectives to the team. He looks forward to a valuable
educational experience that will enable him to achieve his lifelong goal of a career in finance.
Joe C. Chan
[email protected] | (917) 558-1393
Current Address:
711 Comstock Avenue
Syracuse, NY 13210
Permanent Address:
42-55 Colden Street Apt 16A
Flushing, NY 11355
EDUCATION
SYRACUSE UNIVERSITY
Syracuse, NY
Martin J. Whitman School of Management
May 2015
Majors: Finance & Accounting (B.S.)
GPA: 3.44 / 4.0
Honors: Dean’s List (Fall 2011, Fall 2012, Spring 2013, Fall, 2013) | National Society of Collegiate Scholars (Spring 2012)
EXPERIENCE
The Orange Value Fund, LLC
Syracuse, NY
Senior Analyst
August 2013 – Present
The Orange Value Fund is a two-year investment banking and money management program within Syracuse University that
seeks to train a carefully selected cadre of Finance students. Participating students manage The Orange Value Fund, LLC’s
$1.7M portfolio utilizing deep value investment methodologies.
• Perform in-depth research and write investment reports on at least two portfolio companies
• Track periodic developments for at least two portfolio companies by reading company press release, SEC filings,
listening in to quarterly conference calls, and update research reports accordingly
• Propose at least two new investment ideas to the Fund and participate in the creation of a “watch list”
• Mentor junior Orange Value Fund analysts
• Serve as a Teaching Assistant for courses such as Value Investing and Control Investing
• Built a standalone operating model and discounted cash flow analysis for The Wendy’s Company
• Prepared presentations and pitched Lai Sun Garment to select money managers in New York City
William Blair & Company, LLC
New York, NY
Equity Research Summer Associate
June 2014 – August 2014
• Worked within the Global Industrials and Infrastructure coverage group with a primary focus in Engineering,
Construction and Capital Goods securities
• Conduct research, build and/or update financial models and other statistical data for use in the formulation of security
analysis
• Prepare internal and external written reports, notes, and other documents to communicate investment ideas, research,
news events and opinions regarding security analysis
Diversified Wealth Strategies, LLC
Syracuse, NY
Intern
March 2013 – June 2013
• Constructed scorecard models for the advisors of the firm to facilitate investment decisions
• Categorized mutual funds with respect to their sectors and screened out underperforming funds utilizing Morningstar
Direct
• Presented scorecard models to the Investment Committee of the firm and analyzed top performing mutual funds
LEADERSHIP
Theta Chi Fraternity, Alpha Chi Chapter
Syracuse, NY
Treasurer
May 2013 – August 2014
• Develop financial reports and spreadsheets for the fraternity to ensure financial transparency within the brotherhood
• Budgeted and monitored approximately $30,000 of chapter dues towards the chapter’s operations each semester
• Participate in weekly Executive Board meetings to discuss internal affairs, social and philanthropic events
SKILLS
•
•
•
•
Bloomberg Certification (Equities, Fixed Income, FX, Commodities)
Fluent in Cantonese, Mandarin Chinese, and Business Proficient in Fuzhou Dialect
Microsoft Excel Intermediate Level Certified by Microsoft
Proficient in FactSet, Morningstar Direct, Microsoft Office Suite, Adobe Photoshop and Adobe InDesign
Joe Chan
Joe originally grew up in Cincinnati, Ohio and moved to Hong Kong at the age of
7. Upon graduating high school he moved to New York City where he currently resides.
Joe’s first exposure to finance was when his grandfather gave him his first allowance and
encouraged him to save a portion of it and invest his savings in the future. His intellectual
curiosity for finance grew as he grew older and led him to wonder what he could invest
his savings into. This led Joe to discover the world of financial markets and the
importance of the role that finance plays not just in businesses but also the world
economy as well.
During the spring semester and summer of his sophomore year, Joe interned at
Diversified Wealth Strategies, a wealth management firm located in Syracuse. Joe
worked with various partners and financial advisors across the firm to discuss screening
criteria for the scorecard models that he built. He applied the appropriate values for each
scoring criteria to each sector that was included in Morningstar Direct and exported
spreadsheets through the program to build the scorecard models that were eventually used
by partners and financial advisors of the firm to facilitate investment decisions made by
the firm’s Investment Committee.
This summer Joe interned at William Blair & Company’s New York office with
the Equity Research division. He worked extensively with the Global Industrial and
Infrastructure coverage group and focused primarily on analyzing Engineering,
Construction and Capital Goods public companies. Joe believes that his experience
within a fast-paced, markets-driven environment that promoted teamwork,
communication, and accountability was a vital step forward in his future career in
finance. His experience in Equity Research has helped him develop the necessary skills to
succeed in the financial services industry, especially in areas of accounting, security
analysis, valuation, and financial modeling.
As a Senior Analyst in the Orange Value Fund, Joe has prepared presentations
and pitched a fund holding to select bankers in New York City within his first semester in
the program. As Joe progresses through the program, Joe hopes to continually be a strong
contributor to the Orange Value Fund and further hone his skillsets to prepare him for a
successful career within the financial services industry.
Andres Emmett Diz
145 Hathaway, DeWitt NY
315-447-3745 | [email protected]
EDUCATION
Syracuse University, Martin J. Whitman School of Management
Syracuse, New York
Bachelor of Science in Finance and Accounting
May 2015
Cumulative GPA: 3.6 / 4.0
SUNY College of Environmental Science and Forestry
Renewable Energy (Minor)
Syracuse University Madrid
Madrid, Spain
Summer Session Student
May 2013-July 2013
WORK EXPERIENCE
The Orange Value Fund, LLC
Syracuse, New York
Junior Analyst
August 2013-Present
The Orange Value Fund is a two-year money management and investment banking program, where students are trained
to become both investment analysts and money managers while managing a $1.7 M portfolio using a deep value
investment methodology similar in nature to Martin J. Whitman's "safe and cheap" approach.
• One out of seven junior analysts selected to manage $1.7 million of actual cash
• Perform due diligence on investment ideas that would positively affect the portfolio
• Analyze companies within energy industry by completing a simplified DCF or Net Asset Value approach
• Utilize Bloomberg and Capital IQ for the analysis of income statements, multiples, capital structure and company filings
• Creating a DCF model within Excel to value the future cash flows of potential investments
• Assisted a Senior Analyst on a J.C Penney (JCP) fixed income report by reading covenants and aiding in data analysis
• Prepared a report on Renewable Energy Group (REGI) analyzing why the REGI common would be a value investment
• Monitor price volatility to sell puts on REGI and buy puts on JCP shares
SunEdison, Inc.
Saint Peters, Missouri
Internal Audit Intern
May 2014-August 2014
• Provided the distributed generation business segment recommendations on how to improve their operational processes
and make installations more of a flow business
• Gained a comprehensive understanding of installing a distributed generation system by creating a flowchart and narrative
starting from the origination stage of the process to the operations of the system.
• Performed a compliance audit on the financial reporting of the Singaporean office
• Gained hands on knowledge of energy systems by visiting sites and learning the technical side of the solar industry
Aurora’s Lawn Mowing
Aurora, New York
Entrepreneur/Owner
May 2006-October 2011
• Scheduled lawn mowing for 14 clients on a regular basis
• Solicited prospective clients by posting flyers and walking door to door
• Doubled average yearly income every three years, due to high client satisfaction
LEADERSHIP EXPERIENCE
SU Investment Club
Syracuse, New York
Vice President`, Renewable Energy Research Officer
August 2012-Present
• Assist in managing a $145,000 portfolio by pitching investment ideas and voting on potential holdings
• Research the renewable energy industry by analyzing markets and current events
• Presented my investment thesis on IAMGOLD and Renewable Energy Group in front of 30 members and defended my
idea against criticism
OrangeSeeds
Syracuse, New York
Seed
September 2012-May 2013
• Chosen out 125 freshmen applicants to be in a one year, leadership and empowerment program of 28
• Organized “The Big Event,” the largest community service project at Syracuse University by planning bus routes,
food donations, and movement of volunteers throughout the event as a member of the logistics committee
SKILLS
• Bloomberg Terminal Certified (Equity, Fixed Income, Commodities), Capital IQ
• Microsoft Excel proficient in an Intermediate level
ACTIVIES & INTERESTS
• Manage personal investment portfolio through Charles Schwab & Co., Inc.
• Creative writing. Recently finished a two-hundred-page manuscript
• Member of Kappa Sigma (Gamma-Iota Colony)
Andres Diz
If someone ever asked Andres what his passions were in life he would quickly respond two
answers: finance and renewable energy. The desire to learn more about each area started at a young age
and has led him to the Martin J. Whitman School of Management at Syracuse University to study finance
and managerial accounting, while working for a minor in renewable energy at the prestigious SUNY
College of Environmental Science and Forestry.
Andres just finished up his junior year of school and gained an extensive amount of knowledge
within his desired fields. As a junior within the Orange Value Fund, LLC, Andres has worked on several
investment ideas that follow his expertise. He single-handedly wrote a report on Renewable Energy
Group Inc., a biodiesel production company and a report on SunEdison Inc., a solar system installer. He
utilized his modeling skills to find proper valuations for each company including a DCF model and a net
asset value approach, increased his knowledge of both industry areas by reading financial reports and
being current with sector news, and pitched his ideas to the director of the fund as potential investment
opportunities. He is excited to continue this work in the coming school year.
Andres has also had the privileged to work within the internal audit team at SunEdison in St.
Peters. He spent the majority of his twelve-week internship working on an operational audit for the
distributed generation segment of the business. Him, along with two others, interviewed everyone
involved in a solar project to gain a full understanding of how a system gets acquired by the sales team
and is closed by the construction team. After assessing the risks and the inefficiencies of the project, the
team provided head management with proposed changes. Along with his work on the distributed
generation side, Andres assisted in a financial audit of the Singaporean office. While there, he increased
his knowledge of solar accounting. He also got a chance to learn the more mechanical and technical side
of the solar systems when the internal audit visited one of their many sights.
Andres hopes to leverage his many qualities and experiences to continue down a path that
combines his passion for renewable energy and finance.
ERIC M. FITZGERALD
8 Twyndom Terrace, New Hartford, NY 13413
[email protected] 315-725-8997
EDUCATION
Syracuse University
Martin J. Whitman School of Management
Bachelor of Science in Finance & Accounting
• GPA: 3.7/4.0
• Honors: Dean’s list, Robert E. & Grace Reed Scholarship
Syracuse, NY
Expected May 2015
WORK & LEADERSHIP EXPERIENCE
The Orange Value Fund, LLC
Syracuse, NY
Senior Analyst
August 2013-Present
The Orange Value Fund is a two-year money management and investment banking program, where students are trained to
become both investment analysts and money managers while managing a $1.7 M portfolio using a deep value investment
methodology similar in nature to Martin J. Whitman's "safe and cheap" approach.
• Bloomberg certified in equity, fixed income, and FX
• Completed the following course modules:
o Value Investing
o Introduction to Financial Modeling for Investment Banking
o Control Investing
o Distress Investing
• Research and write reports on a portfolio companies under the supervision of a Senior Orange Value Fund Analyst
• Assisting Senior Orange Value Fund Analysts in their work
Ascent Wealth Partners
Utica, NY
Equity Research Summer Associate
May 2014-August 2014
• Initiated coverage on potential investments (Ex: Under Armour & Perrigo); pitched investment reports to the Portfolio
Manager, which lead to new positions.
• Worked extensively in the Health Care sector
GELRAD, Lean Six Sigma Consulting
Clinton, NY
Manager of Business Development
May 2013-August 2013
• Consulted with executive team on business strategy decisions including projects to pursue to increase clientele
• Organized Lean Six Sigma simulations and classes, researched and contacted companies using data on Hoovers
• Researched potential clients in the pharmaceutical and oil/gas industries for Six Sigma deployment or augmentation
Bloomberg Summer 2013 Analytics Boot Camp
New York, NY
Participant
May 2013
• Received comprehensive training in Bloomberg Terminal functions, as well as asset classes such as equities, fixed income,
commodities and derivatives
• Conducted group presentations in front of multiple Bloomberg employees to demonstrate affluence in the stated asset classes
using research obtained through the Bloomberg Terminal
Syracuse University Men’s Ice Hockey (Division 1 ACHA)
Assistant Captain
• Practice/games six days per week - 30+ game season with extensive travel
• 2013-2014 NECHL Regular Season Champions
SKILLS
• Bloomberg Certified (equity, fixed income, FX)
• Computer: Microsoft Excel, Word, and Power Point, Hoovers
• Proficient in Spanish
ACTIVITIES & INTERESTS
• Syracuse University Investment Club
• USA Ice Hockey Referee (10 seasons)
• Seven-year participant in the annual Ride For Missing Children
• Hiking Adirondack high peaks, wakeboarding, mountain biking, travel
Syracuse, NY
January 2013-Present
Eric Fitzgerald
Eric is a senior pursuing a double major in finance and accounting at the Martin J.
Whitman School of Management at Syracuse University. After attending Siena College for three
semesters where Eric earned placement on the President’s and Dean’s List, he transferred to
Syracuse University to fulfill his academic aspirations in financial studies. The Orange Value
Fund and Ballentine Investment Institute were primary factors in Eric’s school choice, as he
understood the value of the educational opportunities they provide.
Since the age of 3, Eric has played for several competitive ice hockey teams in multiple
cities, including an Assistant Captain role on the Syracuse University Men’s Ice Hockey team,
where his leadership skills and strong work ethic have flourished in the fast paced, high-pressure
environment. Lessons learned form the discipline and commitment of a team are seen in the
classroom as Eric’s drive for excellence consistently prevails. His passion for finance is a product
of his ability to work tirelessly in a field where his talents will be demanded. Regularly taking
advantage of learning opportunities outside of the classroom, Eric proactively strives for
continuous academic improvement. With a 2.8% rate of acceptance, Eric was admitted to attend
Bloomberg’s 2013 Analytics Summer Boot Camp in New York City, where he received
comprehensive training on Bloomberg terminals from Bloomberg’s financial sales and analytics
professionals.
During the summer of 2014, Eric worked as an Equity Research Associate for Ascent
Wealth Partners, an investment/financial advisory firm located in Utica, NY. He worked under a
partner and portfolio manager initiating coverage on potential investments to later pitch his
research to superiors. Throughout the summer, Eric’s aptitude in equity research was
unmistakable, as many of his ideas and reports lead to profitable positions.
With an accounting background and a strong understanding of business processes
packaged together with unmatched work ethic and attention to detail, Eric is confident that his
experiences have positioned him to excel in the financial industry. Upon graduation, Eric hopes to
pursue a career in investment banking or equity research.
Current Address
809 Walnut Ave.
Syracuse, NY
Elmer Luke III
330-881-3002
[email protected]
Permanent Address
5230 Logan Arms Drive
Girard, OH
Education
Syracuse University
Whitman School of Management, Bachelor of Science in Finance
Maxwell School of Citizenship, Bachelor of Arts in Economics
Overall GPA: 3.61 / 4.00
Dean’s List (all semesters)
May 2015
Work Experience
Orange Value Fund, LLC
Aug. 2013 - Present
The Orange Value Fund is a two-year money management and investment banking program, where students are
trained to become both investment analysts and money managers while managing a $1.7 M portfolio using a deep
value investment methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach.
 Analyzed JCPenney Credit Agreements and Covenants, projected financial statements to analyze cashflow,
and initiated a position for the fund
 Achieve Bloomberg certification in equity, fixed income and FX
 Assisting senior analysts, seeking to use equity valuation techniques to provide sound investment ideas for
the fund, while gaining returns superior to the market
Credit Suisse (USA), LLC
New York, New York
Equity Research Summer Analyst, Securities Division
June 2014 – Aug. 2014
 Initiated coverage on a company, wrote a report, and delivered a stock pitch for future client reference
 Constructed a dynamic financial model that can be used to estimate earnings and growth patterns of the
initiated company
 Updated corporate earnings models and assisted team in earnings calls
 Researched, summarized, and reported news events daily to Senior Analyst
Credit Suisse (USA), LLC
New York, New York
Equity Research Summer Analyst, Securities Division
June 2013 – Aug .2013
 Derived correlations of 32 stock prices and trends in Senior Management and a Board of Directors
compensation from the past 10 years by using the 10K and Proxy statements to form an investment thesis
to be used in portfolio management
 Wrote a report after analyzing and valuing a stock, that be used to pitch the stock to clients
 Read through the 10k, 10Q, proxy statements, and used macroeconomic indicators, and commodity and
interest rate spreads to value, forecast, and find an investment opportunity and a catalyst to propel the value
of the stock higher
Leadership Experience
Investment Club
Syracuse, New York
President, Executive Board
Dec. 2013 - Present
 Manage and execute trades for the $150,000 in the brokerage account for the club
 Initiated a campaign that established a 100% increase in membership, trained 20 research analysts that
present on industries and investment opportunities, created a website that was lean and useful for members
 Provide advisory to the club on positions, capital funds, and investment ideas by monitoring news,
economic events, and forecasting how they will affect our current positions
 Previously served as the as the Secretary and Portfolio Manager on the Executive Board, as well as the
financial sector and currency market analyst
Syracuse University
Syracuse, New York
Resident Advisor, Ernie Davis Hall
Aug. 2013 - May 2014
 Organized, planed, and executed over 20 programs throughout the academic year to actively engage over
250 residents
 Collaborate with other resident advisors to ensure success of programs, and to build community amongst
residents
Skills, Activities, & Interests
Achievements: Eagle Scout Award (Boy Scouts), Order of the Arrow
Activities: Omicron Delta Epsilon, Economics Club, Students in Free Enterprise, Personal Portfolio
Technical Skills: Microsoft Excel, Microsoft PowerPoint
Elmer Luke III
Elmer, an Ohio native, studying finance and economics at Syracuse University, became interested
in finance at a young age. His interest in the financial markets was sparked by a merit badge requirement
in Boy Scouts. Curiosity led to Elmer to read and learn more on this topic. Whether it was a sleepless
night at his computer or reserving and searching through 30 to 50 books at a time from the local libraries
he was determined to understand more about the movement of stock prices.
Passionately, Elmer proceeded to read more not only on stocks but also on stock options,
currencies and commodities. A product of learning financial markets in a recession era, Elmer has
developed an interest in macroeconomics, and has analyzed investment ideas from both a top down and
bottom up approach. In markets becoming ever more globalized, macroeconomic events have become
salient in any investment analysis idea. Aside from the fundamentals of the company or industry, Elmer
has used technical analysis to confirm his idea, using this in his personal portfolio of stocks.
Upon arriving at Syracuse University Elmer used his gained knowledge and joined the Syracuse
University Investment Club, immediately becoming involved as a financial sector and currency market
analyst. As a freshman, Elmer contributed to the conversation often looking at macroeconomic headwinds
that he believed would be overlooked and recommend his ideas to the investment club. Currently, Elmer
serves as the clubs’ President, after previously holding positions the Portfolio Manager and research
analyst.
Recently, Elmer has been researching futures spreads and pairs trading. He has analyzed energy
commodities, interest rate, and agricultural commodity spreads looking primarily at seasonal data,
business cycles, and global demand and supply for goods and how it affects future prices. As well as how
interest rates effect currencies exchange rates, and economic demand in countries contributing to growth
or contraction. All the while, looking to see how these actions affect business and stock prices. After
graduation Elmer aspires to work in investment banking. His long term goal is to work in the hedge fund
industry.
Joseph P. Morgan
4229 Gates Road, Jamesville, NY 13078 | [email protected] | (315) 506-9669
Education
Syracuse University
Martin J. Whitman School of Management
Bachelor of Science
Majors: Finance and Accounting
GPA: 3.9/4.0
Syracuse, New York
May 2015
Work Experience
The Orange Value Fund LLC
Syracuse, New York
Senior Analyst
August 2013 – Present
The Orange Value Fund is a two-year money management and investment banking program, where students are trained
to become both investment analysts and money managers while managing a $1.5M portfolio using a deep value
investment methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach
• Selected to work as an analyst on a $1.5mil portfolio managed solely by students underneath the direction of a
Whitman professor using a value investing methodology
• 1 of 8 students hired from over 40 applicants
• Leading a team of two other analysts to perform detailed financial analysis on possible equity investments,
create research reports, offer a buy or sell opinion, and present findings at roadshow presentations
• Screening for potential new equity investments and monitoring the existing holdings of the portfolio
• Course work required in Value Investing, Financial Modeling, Activist Investing, and Distressed Investing
BNP Paribas
New York, New York
Summer Analyst, Equity Derivatives Sales – Hedge Funds
June 2014-August 2014
• Primary responsibilities include assembling research reports, modeling transactions, conducting quantitative
research, preparing client materials and assisting with trade execution
Diversified Wealth Strategies, LLC
East Syracuse, New York
Intern
May – August 2013
• Participated in meetings between advisors of the firm and wholesalers from mutual funds and insurance
companies to discuss potential investment products for clients of the firm
• Created a mutual fund screener using Microsoft Excel to sort through approximately 26,000 funds and rank
them based on a weighted valuation system
Leadership Experience
Syracuse University Investment Club
Syracuse, New York
Member
January 2013 – Present
• Providing assistance in managing a portfolio valued at approximately $150,000 by assessing investment options
that the club can pursue in order to maximize gains
• Discussing and analyzes the states of various securities industries and financial markets
• Applying expertise using knowledge and ability gained from the Orange Value Fund
Technology Proficiency
•
•
Bloomberg certified in the areas of equity, fixed income, commodities, and foreign exchange
Certified Microsoft Excel Specialist at the Intermediate level through Certiport
Other Interests
• Skiing, fishing, travel, and football
Joseph “Joe” Morgan
From a modest beginning in Jamesville, a small suburb of Syracuse, New York, Joe Morgan has
never been afraid to do what is necessary to achieve his goal of gaining a career in finance. After
two years of schooling at Le Moyne College, a smaller school in Central New York, Joe learned
that if he were to chase his dream of making it to Wall Street, it would require hard work, active
engagement with the financial world, and transferring to the Martin J. Whitman School of
Management at Syracuse University in order to study finance and accounting.
Since transferring to Whitman, Joe has come to greatly appreciate the concept of risk and reward,
which strengthened his interest in the application of that concept in the financial markets. After
risking extra time to complete his bachelor’s degree, thousands of dollars in tuition to make up
for lost credits, and possibility of failure in attaining a position in financial services in New York
City, Joe has reaped the rewards of scholarly excellence as well as involvement with crucial work
and extracurricular opportunities such as the Orange Value Fund. His passion for the financial
world coupled with his strong work ethic has helped him to maintain a 3.9 GPA while working as
both an Analyst for the Orange Value Fund, LLC and a Sales Associate at Sears. These
opportunities have taught him the invaluable skill of time management; bolstered his abilities to
work both alongside others on team projects as well as individually; and given him confidence,
poise, and integrity in managing client relationships.
The comfort and enjoyment that Joe experiences while working face-to-face with clients has
given him a strong desire to pursue a position in sales once he begins his career in New York
after graduating, and in the meantime he has eagerly accepted any opportunity to hone his skills
there. For the summer of 2014 Joe will be interning at BNP Paribas, working at the equity
derivatives sales desk covering hedge funds.
BENJAMIN H. UHING
[email protected]
402.649.3038
Current Address:
80 Lafayette Street Apt. 402B
New York, NY 10013
Permanent Address:
1500 N. 43rd St.
Norfolk, NE 68701
EDUCATION
Syracuse University
Martin J. Whitman School of Management
May 2015
Syracuse, NY
Bachelor of Science
Majors: Finance & Management
GPA: 3.75 / 4.00
• Dean’s List every semester
Fall 2011-Present
• Beta Gamma Sigma Honor’s Society
Spring 2014-Present
Relevant Coursework: Financial Modeling for Investment Banking I, Introduction to Financial Derivatives, Corporate Finance, Value
Investing, Distress Investing, Control Investing, Financial Accounting, Managerial Accounting, Micro and Macro Economics, The World
Economy, Managerial Statistics, Advanced Financial Modeling for Investment Banking II (Fall 2014)
EXPERIENCE
Orange Value Fund, LLC
Syracuse, NY
August 2013-Present
Senior Analyst
The Orange Value Fund is a two-year money management and portfolio management program, where students are trained to become
both investment banking analysts and money managers.
• Managing a $1.7M portfolio using a deep value investment strategy similar to Martin J. Whitman’s “safe and cheap” approach
• Researching and writing reports on portfolio companies to pitch to the managing director, investment professionals and other
members of the fund
• Prepare presentations on new investment ideas to be presented to selected money managers in New York City
• Completing the following course undergraduate and graduate course modules including: Financial Modeling for Investment
Banking I, Advanced Financial Modeling for Investment Banking II, Value Investing, Control Investing, and Distress Investing
• Mentor Junior Orange Value Fund Analysts and supervise their work
J.P. Morgan Chase & Co.
New York, NY
Summer Analyst
June 2014-August 2014
• Interned as a summer analyst in private equity and real estate services on a waterfall development team
• Assisted in developing waterfall models for private equity funds using two different software
• Performed quality assurance tests on the models to make sure funds were being allocated correctly
• Read through limited partnership agreements and developed formulas for the various waterfall buckets which were incorporated
into the models
LEADERSHIP
Whitman School of Management
Syracuse, NY
Peer Facilitator
August 2012-Present
• Assist first year management students in adjusting to college by serving as a liaison between students and faculty
• Aid a group of six students with their industry analysis project for their introductory business course
Syracuse University Men’s Club Volleyball
Syracuse, NY
President & Team Captain
August 2011-Present
• Team captain since 2013 and President of club since Spring 2014
• Manage the annual team budget of over $20,000 and allocate funds to best serve the club
• Serve as the team’s starting middle blocker, which finished fifth and ninth out of 48 teams at the National Tournament in 2013
and 2014 respectively
• 2014 Honorable Mention All-American
SKILLS, ACTIVITIES & INTERESTS
Skills: Proficient in Microsoft Excel, PowerPoint, Bloomberg Terminals and Capital IQ
Activities: Financial Management Association, Delta Sigma Pi Professional Business Fraternity, Whitman Mentor Program, Central New
York SPCA Volunteer, Beta Gamma Sigma Honor’s Society
Interests: Running, intramural basketball, beach volleyball, hiking and reading
Benjamin Uhing
Benjamin Uhing is a junior enrolled in the Martin J. Whitman School of Management at Syracuse
University. His passion for finance and investing came from discussions with his father about the market
and deciding together which securities they should invest in for his college fund. Ben ventured from the
Midwest to Syracuse University to ultimately transition to a future career in finance on the East Coast.
Ben has been on the Dean’s List every semester while maintaining a strong 3.75 GPA. While at
Syracuse University, Ben has developed multiple tools including teamwork, communication, and analytic
skills, which will be beneficial for his career in business. Ben has been awarded the Chancellor’s
Scholarship for his continued academic achievement. He was chosen to be a member of the Beta Gamma
Sigma Business Honor’s Society, which handpicks students out of the top 10% of their schools accredited
business program to become members.
Beyond the classroom, Ben is involved in many other activities at Syracuse University. He
demonstrates his leadership skills by being a peer facilitator for six first year management students by
serving as a liaison between students and faculty. He is also President, Team Captain and starting middle
blocker of the Syracuse Men’s Club Volleyball team, which finished ninth out of 48 teams at the National
Club Volleyball Tournament in 2014. He manages the team’s annual budget of over $20,000 and
allocates the funds to best serve the club. Ben’s competitive drive was exposed in high school where he
was the varsity team captain of state championship winning cross country and basketball teams. He plans
to take the love of competition he learned through sports into his professional life.
In addition to the skills attained through academics, extracurricular activities, and athletics, Ben’s
work history has provided him with valuable experience. In the summer 2014, Ben was a summer analyst
for J.P. Morgan Chase & Co. in New York City where he covered private equity services. He assisted in
developing waterfall models for various private equity funds.
Upon graduation from Syracuse University, Ben plans to pursue a career in either asset
management or investment banking where he can put his competitive drive and strong work ethic to use
in a fast paced work environment.