1. Education: The Terry SMIF will provide a valuable avenue to deliver high quality education to students in the Banking and Finance Department of the University of Georgia’s Terry College of Business. By managing the investments of the Terry SMIF, finance students will gain valuable hands-on experience in security evaluation and portfolio management. In addition to improving analytical skills, the SMIF program should also develop writing, presentation, and leadership skills for the student managers. The Terry SMIF will be operated in association with a formal academic class, FINA 4150- Investment & Portfolio Management. FINA 4150 meets both in the fall and spring semesters, with students earning 1.5 credit hours per semester.
2. Financial Management of UGA Foundation Assets: The Terry SMIF includes funds directed from the UGA Foundation’s long-term pool for management in addition to those gifted to the Fund from donors. The Terry SMIF will manage the gifts that have been directed to the fund with fiduciary care for long-term enhancement of the Terry College of Business. The financial goals of the Terry SMIF are to foster long-term growth of the fund into perpetuity and to generate periodic earnings that support Terry College programs.
3. Financial Support to Terry College of Business programs: Earnings from the funds gifted to Terry SMIF may be utilized to support: (a) investment research and operational expenses of the Terry SMIF, (b) activities, travel, and other programs to enhance the education of students in the Banking and Finance Department of the Terry College, (c) other needs within the Terry College, as determined by the Board of Trustees of the Terry SMIF. This financial support falls under the rules and regulations of the UGA Foundation. Distribution of earnings will not be to the detriment of the goal of growing the fund.

Past students have had success acquiring summer internships and full-time job opportunities at firms that include:

• Andreessen Horowitz
• Bank of America
• Barclays
• Boston Consulting Group
• Cerberus Capital Management
• Citigroup
• Credit Suisse
• Deloitte
• Deutsche Bank
• Evercore
• Goldman Sachs
• Google Inc.
• J.P. Morgan
• Moelis & Company
• Morgan Stanley
• Oaktree Capital Management
• Roark Capital
• SunTrust Robinson Humphrey
• Tiger Global
• TPG Capital
• Trian Partners
• Wells Fargo
• William Blair

Our fund operates through a value-based strategy. This means we look for key value measures, such as revenues, net income, and market value, along with market signals to find undervalued securities. In addition, our analysis takes into account behavioral underpinnings for investing which results in inaccurate market expectations and valuations.

When: Interviews are held during Spring semester each year

Who: Analysts positions are opened to both rising juniors and seniors who are Finance majors

Where: Check the the Terry List Serv or attend our info sessions for updates on the application link

Disclaimer: These materials have been prepared by the University of Georgia Student Managed Investment Fund. This document is for informational and illustrative purposes only and should not be regarded in any way as investment advice. The content of this document reflects current opinions as of the published date and are subject to change without notice. You must not rely on the information presented as an alternative to professional investment advice. The University of Georgia, the Board of Regents of the University System of Georgia, University of Georgia Foundation, Terry College of Business, Student Managed Investment Fund and any related affiliates shall not have any liability for damages of any kind related to this material.

• Mitch Reiner – Managing Partner and Investment Advisor at Capital Investment Advisors
• Walt Green – Private Banker at JPMorgan - (Retired)
• Darren DeVore – Managing Partner at Broad Pine Investments
• Allison McLeod – Managing Director at SunTrust Robinson Humphrey
• Grant Jaax – Managing Director at Aurora Private Wealth, Inc.
• Eric Huff – Vice President - Marketable Manager Research at LCG Associates
• Todd Bitzer – Senior Investment Director at Legal & General Investment Management America
• Dave Malcher – Investment Banking Analyst at Citi
• Glenn Austin – Senior Vice President Fannie Mae (retired)
• Larry Cummings – Senior Vice President at RBC Capital Markets & Wealth
• Scott Williams – Founder and Principal at S. Williams Capital, LLC
• Paul Robertson ​– Partner at Edge Capital Partners LLC
• Tyler Puszewski – Co-Founder at Foxtail Games
• Anuja Singha – Portfolio Manager at Herndon Capital Management LLC