The MBA Investment Fund, L.L.C.

The MBA Investment Fund, L.L.C. is the first legally constituted, private investment company to be managed by students. The Fund is a limited liability company registered under the laws of the State of Texas. It was created to enable MBA students in the McCombs School of Business at The University of Texas at Austin to obtain a real-world experience in the process of managing investment portfolios and in developing relationships with clients. The fund completed its initial offering on December 8, 1994 with $1.6 million invested by accredited investors under securities laws. As of September 2008, the Fund has approximately 60 investors and $13.5 million under management in three different investment products: a growth-oriented equity portfolio and a value-oriented equity portfolio, which are managed for individual and institutional clients, and an endowment portfolio which supports the activities of the AIM Investment Center. The endowment fund consists of an enhanced index equity portfolio and a fixed-income portfolio.

Created by George W. Gau, Ph.D., of the McCombs School of Business and Founding Director of the EDS Financial Trading & Technology Center, the Fund provides a unique interaction between Texas MBA students and professionals from major national investment firms. Under the direction of Laura Starks, Ph.D., and Sandy Leeds, Esq., CFA, a select group of up to twenty students each year work as student portfolio managers with investment counselors in the formulation of their strategy and making their portfolio decisions. They also report to an Advisory Committee comprised of leading members of the investment industry and faculty from the Department of Finance.

Neither the University of Texas at Austin nor the Board of Regents of the University of Texas has the authority or power to act on behalf of the Fund, to do any act that would be binding on the Fund or to incur any expenditures on behalf of the Fund. Neither the University of Texas nor the Board of Regents of the University of Texas shall be liable for any debts or obligations of the Fund.

Manager Profiles

MBA Student Managers
 

The student portfolio managers are selected through an application and interview process each November. Once selected, the new student managers begin training with the graduating student managers, and take over the Fund portfolio in March. The managers are responsible for virtually all activity with the Fund's portfolio, including company research, economic forecasting, risk management, pitching stock and bond ideas, working with the Fund's brokers to execute trades, and producing written reports and verbal presentations to the Fund's Advisory Committee.

Class of 2013    

Hunt Allred Dallas, Texas Associate Commerce Street Capital Texas Christian University RESUME	Natasha Cupps Chicago, Illinois Senior Investment Analyst UTIMCO, University of Texas Investment Management Company University of Missouri at Columbia RESUME
John Dowling Kansas City, Missouri Acting Manager, Internal Audit Community America Credit Union William Jewell College RESUME	Christopher Gleysteen Boston, Massachusetts Equity Research Analyst Simmons & Company International Harvard University RESUME
Brittny Groce Dallas, Texas Equity Research Associate Stephens Inc. Southern Methodist University RESUME	Ajay Mittal Mumbia, India Senior Consultant Deloitte Consulting Texas A&M University RESUME
Stuart Moss Bonham, Texas Legislative Director Office of State Representative Paul Workman University of Texas at Austin RESUME	Aaron Olson Turton, South Dakota Vice President K Olson Inc. Brigham Young University RESUME
Andrew Picoli Long Island, New York Financial Analyst Drake Asset Management Vanderbilt University RESUME	Zachary Rollins Nashville, Tennessee Retirement Solutions Representative Fidelity Investments Miami University RESUME
Ge Sun Hefei, China Project Manager, Urban Planner SLA Studio Land Hefei University of Technology RESUME	Michael Wright Detroit, Michigan Production Supervisor, Manufacturing H-E-B Grocery Company Michigan State University RESUME
Yifan Zhang Queens, New York Financial Developer, AVP Swiss RE The City University of New York RESUME

Tools and Training

The fund provides and trains each student manager with the following tools to support the stock searching and analysis process:

Bloomberg

FactSet

S&P Advisor Insight

Capital IQ