ORANGE VALUE FUND Class of 2018 Analysts
Nicholas Burko
Timothy Cairns
Harrison Dittrich
Greg Fligor
Taylor Kaaukai
Refjola Malushi
Matthew Moore
Michael Slutsky
Nicholas R. Burko 917-684-2534 | [email protected]
EDUCATION
Syracuse University Syracuse, NY Martin J. Whitman School of Management, Bachelor of Science in Finance Expected May 2018
GPA: 3.70 / 4.0
Honors: Dean’s List - Fall 2014, Spring 2015, Fall 2015, Spring 2016
Horace Mann School Bronx, NY Independent High School Diploma June 2014
Honors: Student Ambassador Maroon Key
WORK EXPERIENCE
The Orange Value Fund, LLC Syracuse, NY
Junior Analyst August 2016 - 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 $4.0 M portfolio using a deep value investment methodology similar in nature to Martin J.
Whitman's "safe and cheap" approach.
Achieving Bloomberg certification in equity, fixed income, commodities and FX
Completing the following course modules: Value Investing, Introduction to Financial Modeling for Investment Banking, Control Investing,
Distress Investing
Researching and writing a report on a portfolio company under the supervision of a Senior Orange Value Fund Analyst
Assisting Senior Orange Value Fund Analysts in their work
Protocol Capital Management, LLC New York, NY
Summer Analyst May 2016 – August 2016
Assigned to both consulting and placement partners interacting with PCM’s hedge fund clients and institutional allocators
Developed and distributed monthly performance report templates for PCM’s managers to investors as well as assumed responsibility for
generating meeting and call reports
Researched new launches, allocator movements, and potential investors utilizing a customized Salesforce, CRM, in order to gauge their interest
in PCM’s clients’ hedge funds
Reviewed hedge fund pitch books and performance reports in order to better understand strategy and how the funds differentiate themselves
from the global competitors
Brant Lake Camp Brant Lake, NY Summer Bunk Counselor Summers 2013 – 2015
Managed a group of 12 seventh grade campers on a day to day basis each summer – by scheduling and leading their daily sporting activities
with a strong emphasis in baseball
Resolved conflicts between campers in order to maintain a respectful and functioning environment in the bunk
Organized and oversaw the “Intermediate” level baseball program comprised of over 100 boys
Led four baseball tournament teams to victory by coaching and motivating them to perform their best
Created Wiffle Ball League in 2014 order to provide a new daily activity, resulting in over 95% participation in 2014 and 2015
Received recognition of excellent counseling and was appointed as 2015 Color War Counselor Captain in addition to 2013, 2014, and 2015
Olympics Counselor Captain
ACTIVITIES
Pi Kappa Alpha Fraternity – Alpha Chi Chapter Syracuse, NY Assistant Treasurer August 2015 – Present
Evaluate and analyze $60,000 semester budget to allocate for weekly expenditures, in addition to establishing master budget spreadsheet
Identify cost saving methods to create a reserve for unforeseen expenses utilizing Microsoft Excel
Pledge Class Scholarship Chair February 2015 – May 2015
Crafted and constructed study schedules for the 28 members pledge class
Developed protocol to support academically struggling pledge brothers and those with subject specific needs
SU Investment Club Syracuse, NY Research Analyst August 2014 – Present
Analyze securities with the goal of choosing securities that have the most promise by evaluating trends and price to earning ratios
Create reports based on the findings of the securities using Microsoft PowerPoint, write-ups, and graphs from Yahoo Finance
Researched Verifone, Inc. with the intention to pitch in a weekly meeting due to the potential growth of Apple Pay
Whitman on Wall Street New York, NY
Participant and Group Leader January 2016
Selected to participate in a program of 33 students to meet with representatives from investment banks including, JPMorgan Chase, Citi,
Deutsche Bank, Credit Suisse
Coordinated transportation / subway routings to streamline group movement between appointment sites
SKILLS & INTERESTS
Languages: Elementary in French
Certifications & Training: Certiport Certification in Microsoft Excel, Salesforce
Interests: Traveling, MarketWatch Stock Market Game, Baseball, Country Music
University Address:
206 Comstock Ave. Apt. #4
Syracuse, NY 13210
Permanent Address:
440 East 56th Street
New York, NY 10022
Nicholas Burko
Nicholas grew up in Manhattan, the world’s financial capital. Nicholas became intrigued in
business at an early age. Nicholas’ quest to learn about this lifeblood of the city and the nation led him to
enroll, in eleventh grade, in his first economics course. In that economics course, Nicholas’ love for
finance and business was fostered. At the end of the semester, the students were tasked with creating a
stock portfolio. Not long thereafter, he created a portfolio of 40 stocks to eliminate sector-specific and
stock-specific risk. Nicholas thought that it was the most influential project of his high school career.
Nicholas was hooked and knew that he wanted to pursue a career in finance, which led him to apply early
decision to Syracuse University’s Martin J. Whitman School of Management.
At Syracuse University, Nicholas is a Finance major with the intention to double major in either
Economics or Managerial Accounting. At Whitman, Nicholas is a dedicated student, who is on the Dean’s
List each semester. He received certification in Microsoft Excel from Certipoint. During winter break of
his sophomore year, Nicholas was selected to participate in Whitman on Wall Street, an immersive
program visiting New York financial institutions and networking with Syracuse University alumni
working in the financial sector. During the trip, he was selected to serve as a “group leader” and helped
fellow participants navigate from institution to institution around the City, a testament to his innate
leadership qualities. Nicholas is currently the Assistant Treasurer of the Pi Kappa Alpha fraternity on
campus where he implements cost saving measures for the organization’s long-term financial health.
In the summer following his sophomore year, Nicholas interned at Protocol Capital Management
a bespoke merchant bank in New York with expertise in capital placement and consulting in the
alternative investment field. Nicholas applied what he learned in the classroom on a daily basis by putting
together performance reports and conducting investment research.
As a member of the Orange Value Fund, Nicholas is excited to utilize his extraordinary
leadership qualities, superb work ethic, dynamic organizational and interpersonal skills, superlative
quantitative skills to propel himself to a successful career as an investment banker.
Timothy Cairns 36 Blue Hills Road, Monroe, CT 06468
[email protected] | (203) 816-7364
Education Syracuse University, Syracuse, NY Anticipated May 2018
Martin J. Whitman School of Management Bachelor of Science in Finance & Bachelor of Arts in Economics Cumulative GPA: 3.85/4.00
Dean’s List – All Semesters
Whitman Leadership Scholar
Relevant Coursework: Introduction to Financial Accounting, Economic Ideas and Issues, Business Calculus, Introduction to Managerial Accounting,
Introduction to Statistics for Management, Introduction to Strategic Management, Corporation Finance, Intermediate Macroeconomics, Intermediate
Microeconomics
Experience The Orange Value Fund, LLC, Syracuse, NY August 2016-Present
The Orange Value Fund is an elite two-year money management and investment banking program, where students are
trained to become both investment analysts and money managers while managing a $4.0 MM portfolio using a deep value
investment methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach. Achieving Bloomberg certification in equity, fixed income, commodities and FX
Researching and writing a report on a portfolio company by listening to company conference calls, and reading relevant SEC filings
Assisting Senior Orange Value Fund Analysts in developing quarterly and annual financial reports
Completing the following course modules
o Value Investing, Introduction to Financial Modeling for Investment Banking, Control Investing and Distress Investing
Experiential Learning Fidelity Investments, Merrimack, NH
August 2013 Shadowed 5 senior associates, which included research directors, company directors and quantitative analysts to learn about the process of
making and analyzing Mortgage Backed Securities (MBS)
Applied this knowledge to create a comprehensive presentation on MBS, the risks involved, and their relation to the 2008 financial crash
Presented findings as part of Senior Capstone project, which was required for graduation from High School, to a panel of 5 finance
professionals receiving a perfect score
Bentley University, Waltham, MA ` July 2013
Wall Street 101 Academic Challenge Camp Selected as one of 40 students out of 90 which provided an introduction to the equities markets, IPO, and investment strategies
Worked with Bentley’s state of the art trading facilities to create a detailed buy and sell recommendation on Jack in the Box (JACK) and
Coach (COH), respectively
Lead team of 5 students and presented our buy/sell recommendations to the program director, resulting in a first place finish out of 8 total
teams and 40 students in the comprehensive stock analysis competition.
Leadership & Activities Syracuse University Investment Club, Syracuse, NY September 2014-Present
Member/Growth Fund Member
Use 10-Ks and annual reports to research and create a presentation to evaluate potential equities to invest in
Attend weekly meetings to learn about careers in finance and follow performance of a $130,000 portfolio
Researched Celgene (CELG) using comparable companies, assessment of assets, liabilities, management and future drug pipeline and a
discount cash flow analysis to create an investment pitch
Joined a newly created Growth Fund focused on researching stocks using EPS growth, Revenue growth, PEG ratios, gross margin and
other margins to create buy, hold or sell recommendations on current holdings and potential holdings
Whitman IMPRESS Program, Syracuse, NY March 2014-Present
Peer Mentor
Help 10 new students transition to college and Whitman with weekly meetings and constant communication
Promote the IMPRESS Program to new and current students while working events to ensure smooth operation
Whitman Visitor’s Center, Syracuse, NY January 2014-Present
Ambassador
Give potential students interactive and informative tours of Whitman, answering questions and providing in-depth knowledge
Skills Certified in Basic Excel
Self-Teaching Bloomberg
Proficient in Microsoft PowerPoint, Outlook, Access, and Word
Whitman on Wall Street
Interests: Ice Hockey, Golf, Mountain Biking, Hiking
Timothy Cairns
Timothy’s first exposure to finance started at a young age with his mother and fathers careers in
consumer and investment banking fields, where through dinner table conversations and countless long car
rides to ice hockey tournaments, he would always hear about the financial markets and current events.
These casual conversations spurred Timothy’s passion for finance that led him to pursue a double major
in finance and economics at the Whitman School of Management and Maxwell School at Syracuse.
In high school, Timothy’s passion for business and finance was continued with the numerous
business and economics courses that he took to increase his knowledge of the business world. These
classes lead him to create an investment club that brought together students who had varying interests in
finance and business and helped teach them the importance of investing and practice trading using a
virtual stock portfolio game. Taking advantage of all the opportunities he had, Timothy attended Bentley
University’s Wall Street 101 program where he furthered his knowledge of finance and created research
reports for a buy and sell recommendation on two companies. Timothy also, completed his senior high
school capstone project on Mortgage Backed Securities (MBS), learning the types of risk involved and
how they are analyzed and then culminating the experience with a comprehensive presentation on how
MBS’ and the Great Recession where related.
Now at Syracuse, Timothy has continued taking advantage of all that is offered to him and has
become an active member of the Syracuse University Investment Club to help manage the funds $130,000
portfolio. He has also excelled in the classroom as demonstrated by his consistent recognition on the
Dean’s list. In addition to his academic and extra-curricular activities, Timothy has also become certified
in basic excel and is working on achieving his Bloomberg terminal certification. Timothy is excited to
join the Orange Value Fund and believes his experiences and background will be a useful asset to the
fund and will continue to help him succeed.
Harrison Edward Dittrich 466 Kurt Drive • Blue Bell • Pennsylvania • 19422
(267)-567-3183 • [email protected] EDUCATION Syracuse University Syracuse, New York Bachelor of Science Expected May, 2018 Majors: Finance, Accounting Minor: Information Management and Technology • GPA: 3.92/4.00 • Honors: Whitman Leadership Scholar, Reneé Crown Honors Program, Dean’s List (All Semesters) WORK & LEADERSHIP EXPERIENCE The Orange Value Fund, LLC. Syracuse, New York Junior Analyst August, 2016 - 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 $4.1M portfolio using a deep value investing methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach. • Achieving Bloomberg certifications in equity, fixed income, commodities, and FX • Completing the following course modules: Value Investing, Introduction to Financial Modeling for
Investment Banking, Control Investing, Distress Investing • Researching and writing reports on several portfolio companies under the supervision of a Senior Orange
Value Fund Analyst Morgan Stanley – The Main Line Group Bryn Mawr, Pennsylvania Wealth Management Summer Analyst June, 2016 – August, 2016 • Researched and evaluated investment options for clients including mutual funds, ETFs and individual stocks
over specific rolling time periods to match clients’ risk tolerance profiles • Reviewed over a dozen client asset allocation models totaling approximately $25M, updated current
positions, and assembled review books for quarterly performance reviews • Attended informational presentations from investment wholesalers regarding the benefits of their products
such as reduced risk, increased returns relative to benchmark indices and cost efficiencies Sigma Phi Epsilon Fraternity Syracuse, New York Vice President of Finance April, 2016 - Present • Collect and manage a $60,000 semester budget to help fund chapter activities including philanthropies, social
events, membership development, and maintenance of the chapter house • Implementing a summer collection program which reduced the uncollectible dues amount by 15% • Select and oversee a 6 member Finance Committee which assisted in creating the chapter budget and making
necessary payments on a weekly basis Vice Chair of Philanthropy August, 2015 – May, 2016 • Collaborated with the Philanthropy Committee to initiate a new, two-day long philanthropy highlighting
adolescent literacy and recognize Dr. Seuss’ involvement as a brother of Sigma Phi Epsilon • Collected nearly 1,000 books during a week-long book drive to donate to local elementary schools Syracuse University Syracuse, New York Whitman Peer Mentor August, 2015 – May, 2016 • Assisted 10 freshmen students in their successful completion of a semester-long company analysis, while
guiding them through an introductory business class • Provided students with information regarding resume formatting, professional networking, campus
acclimation, and other resources available within the business school during weekly meetings JCR Physical Medicine, LLC. Erdeheim, Pennsylvania Medical Records Manager December, 2013 – January, 2016 • Managed records for over 1,000 patients and prepared reports for attorneys summarizing patient activity • Organized a new system to efficiently locate over 3,500 patient files resulting in increased productivity • Prepared and analyzed reports for top-level company management detailing outstanding patient balances SKILLS, ACTIVITIES & INTERESTS Certifications & Training: Microsoft Excel Basics, Proficient in Microsoft Word and PowerPoint Activities: Whitman on Wall Street (2016), SU Investment Club (2015 – Present), Navajo Nation Summer Service Trip (2013), Philadelphia Urban Immersion Trip (2012) Interests: Philadelphia and Syracuse athletics, rowing, exercise, golf
Harrison Dittrich
Harrison, from the suburbs of Philadelphia, PA, is currently pursuing a double major in finance
and managerial accounting at the Martin J. Whitman School of Management. He is also pursuing a minor
in information management and technology, which he hopes to utilize in the financial services industry.
Harrison’s passion for finance and capital markets was recognized when he took an introductory
economics class in high school, covering both macroeconomics and microeconomics. Since then, he has
been fascinated by the financial markets and major economic trends.
As a student at Syracuse University, Harrison pursues many activities both inside and outside of
the classroom. Through the Whitman School of Management, Harrison was selected to be a Peer Mentor
during his sophomore year, where he worked closely with several groups of freshmen students; he is also
a Whitman Leadership Scholar. Outside of Whitman, Harrison is very involved in the Sigma Phi Epsilon
Fraternity, where he is currently serving as the Vice President of Finance, Vice Chair of Philanthropy, and
a member of the Standards Board. In addition to these extracurricular activities, Harrison is also a
member of the Reneé Crown Honors Program and is able to maintain a strong academic resume.
Harrison has been working professionally since the age of 15. His first job as a lifeguard taught
him how to act responsibly in a professional setting and interact in a professional setting. His position at
JCR Physical Medicine, as the Medical Records Manager, taught him to meet deadlines and work
independently. Thanks to Harrison’s past professional experience, paired with his passion for the
financial services industry, he was able to work as a Wealth Management Summer Analyst at Morgan
Stanley. There he was able to learn about portfolio management and retirement planning. Harrison hopes
to expand his experience in the financial services industry into the future.
Greg Fligor
335 Wellesley Street, Weston, MA 02493
781.879.2992 [email protected]
EDUCATION - Syracuse University, Martin J. Whitman School of Management
Dual Major, Bachelor of Science in Finance and Bachelor of Arts in Economics - May 2018
GPA 3.57 /4.0 Deans List Fall 2015
WORK EXPERIENCE
The Orange Value Fund, LLC, Syracuse, NY Fall 2016-Present Junior Analyst
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 $4.04 M portfolio using a deep value investment
methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach.
• Working towards Bloomberg certifications in equity, fixed income, commodities and FX.
• Completing courses in Value Investing, Financial Modeling for Investment Banking, Control Investing, and Distress
Investing.
• Researching and writing a report on a portfolio company under the supervision of a Senior Orange Value Fund Analyst.
• Assisting Senior Orange Fund Analysts in their work.
Edgartown Harbormaster’s Department, Edgartown, MA Summers 2012-Present Assistant Harbormaster
• Marine Law Enforcement Officer responsible for enforcing State and local marine laws, rules and regulations.
• Ability to interact effectively and diplomatically with the general public and local town agencies, often in highly
stressful situations.
• Assisted vessels in emergency situations, performing safety and rescue work during adverse weather conditions.
• On the job mistakes and lapses in judgement could result in significant damage to boats and equipment, monetary loss,
adverse public relations, reduced level of services and potential loss of life.
Fligor’s Boat Cleaning Services, Edgartown, MA Summers 2013-Present Identified market need for hull cleaning services, and salvage and recovery of items lost overboard.
Invested $2,000 in scuba training, equipment, and marketing materials. Revenues exceeding $15,000 per summer.
Employed (3) staff to satisfy demand and deliver services.
Contracted with Edgartown Yacht Club racing program to prepare and clean their hulls on a weekly basis.
Implementing weekly marketing program to build brand awareness with all harbor masters on Martha’s Vineyard.
Oldport Marine Services, Edgartown, MA – Boat Captain Summers 2015-Present • Responsible for transporting passengers safely, to and from their vessels in Edgartown Harbor.
• As an ambassador welcoming boaters to Edgartown, I received the largest tips of all 12 drivers for my top-notch
customer service and desire to please my passengers.
EXTRA CURRICULAR ACTIVITIES & ACHIEVEMENTS
Whitman Peer Mentor, Martin J. Whitman School of Management Selected by faculty based on academic performance, professionalism, character, and desire to help others succeed.
Demonstrated leadership skills and determination to excel, while acting as a role model to assist and guide the mentees
so that they can find success at Syracuse.
Investment Club, Martin J. Whitman School of Management Active member, participating and voting on weekly investment opportunities to help manage the clubs $150,000
portfolio.
Share ideas, weigh risk, and analyze markets and financial statements to discover profitable opportunities.
Syracuse University Rugby Football Club, Varsity Player and Treasurer Fall 2014-Present
• Elected by 60+ teammates to be Club Treasurer where I work with school administration to develop budgets, manage
travel, and pay expenses for all Club activities to compete across the US at National Tournaments.
• Started Varsity as a freshman, sophomore, and Junior.
• Won 2015 Empire Rugby Conference Championship.
Two-Time National Champion Snowboard Racing (2011 and 2013), Copper Mountain, CO
High School Athletics – Captain of both Football and Wrestling Teams League All-Star in both sports.
United States National Sailing Team (2010). Represented the United States in Garda, Italy at the largest sailing regatta in
world competing against over 1000 sailors from more than 30 nations.
Volunteer Experience in Uganda, Africa (2012). Traveled with 8 other students from Weston High School to spend a
month building new classrooms and teaching English to the students and community of Kisoro, Uganda.
Greg Fligor
Growing up spending Summers managing boat cleaning business on the waters of Martha’s
Vineyard, Greg learned that to be successful it requires a top-notch work ethic, reliability and
communication both internally and externally with clients. After raising the necessary funds in order to
pursue his scuba certification and purchase proper scuba equipment, he successfully repaid all that he
borrowed and within a few weeks began to see profits. Greg launched a weekly marketing campaign
targeted at boat owners to continue to grow the customer base which ultimately led to the expansion of
the operation and to hiring 3 new employees to keep up with the demand for his services. The slogan that
he reminded the team everyday was, “We dive right in and go overboard for our clients!” It was this
mindset coupled with his competitiveness, and desire to be the best that has stuck with him.
Greg works tirelessly to exemplify this hunger and drive to find success in whatever he does and
this is demonstrated by his accomplishments as a member US National Sailing Team, as well as being a
2x National Champion Snowboard Racer. When facing a challenge or any adversity Greg does not shy
away rather he sees this as an opportunity to step up and be a leader.
Greg’s interests for financial services can be traced back to the dinner table growing up listening
to his father discuss events that happened over that day and how that was going to directly or indirectly
affect what he was working on. Through the years he has continued to soak up information and sharpen
his skills by utilizing resources such as MarketWatch Virtual Stock Portfolio Platform, The Wall Street
Journal, Bloomberg, as well as professors and mentors to expand his knowledge of the financial services
industry. Greg plans to use all of the knowledge and resources that he continues to accumulate in order to
establish a successful career in investment banking.
Taylor Kaaukai 330 Mavis Drive │ Los Angeles, CA 90065 │ (808) 419-8123 │ [email protected]
EDUCATION
Syracuse University, Martin J. Whitman School of Management Expected Spring 2018 Bachelor of Science, Finance Syracuse, NY Cumulative GPA: 4.0/4.0
Azusa Pacific University, School of Business and Management Fall 2013-Spring 2015 Bachelor of Science, Finance Azusa, CA Cumulative GPA: 3.55/4.0
EXPERIENCE
The Orange Value Fund, LLC August 2016-Present│Syracuse, NY The Orange Value Fund is a highly selective two-year money management and investment banking program, where students manage a $4MM+ portfolio using a deep value investment methodology
• Conducting research on a portfolio company under the supervision of a Senior Orange Value Fund Analyst • Assisting senior analyst in tracking the developments of current and potential fund holdings • Completing the following required courses: Value Investing, Introduction to Financial Modeling for Investment
Banking, Control Investing, Distress Investing
Robert W. Baird, Rotational Intern Summer 2016│Milwaukee, WI • Rotated through Asset Management, Equity Research, Fixed Income, and Institutional Equity Sales to gain insight
into various departments of the investment bank • Conducted an industry report on the video game industry and deep-dive company analysis on potential
investments which were pitched to portfolio managers in Baird Equity Asset Management • Created DCF models for equity research analysts in the active lifestyle group to assist in company valuations • Analyzed 30+ years of municipal market data to design marketing materials and charts that were distributed to
municipal clients • Pitched Mobileye, N.V. and Oshkosh Corp. to equity sales team along with daily pitches following equity
research analyst meetings
Harman International Industries, Finance Intern Summer 2015│Northridge, CA • Performed monthly account reconciliations to assist in month-end and year-end close activities • Compared and updated accrual methodologies to analyze potential impacts and validity of new accounting
processes
Syracuse University, Tutor January 2016-Present│Syracuse, NY • Tutor students in Economics 203 to help them develop a better understanding of fundamental micro- and
macroeconomic concepts
CAMPUS AND COMMUNITY ACTIVITIES
APU Student Investment Team Analyst January 2015-June 2015│Azusa, CA • Created investment policy statement with 16 team members to design and finalize goals to guide decision-making
for managing the team’s portfolio • Tracked and researched financial sector with three sector team members to assure positive long-term growth in
current stock choices
Pacific Islanders Organization January 2014-May 2015│Azusa, CA • Educated community members about Pacific Islander culture through annual luaus to bring Polynesian traditions
to the continental United States
SKILLS/INTERESTS
• Proficient in Microsoft Excel (Certified), PowerPoint, Word • Bloomberg Essentials Certified (Equities and FX) • Interests: surfing, football, bass guitar
Taylor Kaaukai
Taylor is a finance major at the Whitman School of Management and pursuing a minor in
economics at the Maxwell School. He has always had a passion to learn, drive to succeed, and ability to
learn quickly. A family member practicing M&A law first exposed him to the financial services industry
during college, leading Taylor to an unrelenting interest in business and financial markets.
Coming from Paia, HI, Taylor was not heavily exposed to business before arriving at Azusa
Pacific University in Los Angeles, CA. After meeting professionals in investment management, he started
to gain a new perspective on business. This led him to change majors from physics to finance during his
freshman year and join the APU Student Investment Team. There, he was able to assist in the creation of
the team’s investment strategy and portfolio as an analyst for the financial sector.
During the summer of 2015, he had an internship with Harman International Industries, Inc. in
finance and controlling. A culmination of these experiences led him to the pursuit of a career in financial
services. Because of this goal, he chose to transfer to Syracuse University to attend a competitive business
school. At Syracuse, Taylor tutors economics to freshmen and sophomores and is an active member of the
SU Investment Club.
This summer, Taylor was part of a rotational internship with Robert W. Baird, completing
rotations in Asset Management, Equity Research, Fixed Income, and Institutional Equities. This
opportunity allowed him gain a broad view of an investment bank as well as complete projects within
each department such as industry and company analysis in Asset Management, financial modeling in
Equity Research, municipal market analysis in Fixed Income, and stock pitches to sales teams in
Institutional Equities.
Taylor is excited to apply his analytical skills and experience as a junior analyst for the Orange
Value Fund. He believes the combination of rigorous academics and real experience is an unparalleled
opportunity. After graduation, Taylor plans on pursuing a career in investment banking or asset
management.
Refjola Malushi [email protected] | 857.544.0602 | 57 Vassall Street Quincy, MA 02170 | linkedin.com/ln/refjolamalushi
EDUCATION SYRACUSE UNIVERSITY- Martin J. Whitman School of Management Syracuse, NY Bachelor of Science in Finance and Accounting Anticipated May 2018 Minor: Global Political Economy at Maxwell School of Citizenship and Public Affairs GPA: 3.93/4.00 Honors & Awards: Renée Crown University Honors Program, Dean’s List (all semesters), Dean’s and International Rotary Scholarships, First Place in Deloitte Consulting Apprenticeship Program PROFESSIONAL EXPERIENCE The Orange Value Fund, LLC Syracuse, NY Junior Analyst May 2016-Present The Orange Value Fund is an elite two-year money management and investment banking program, where selected students are trained to become both investment analysts and money managers while managing a $4.0 M portfolio using a deep value investment methodology similar in nature to Martin J. Whitman's "safe and cheap" approach (a weekly commitment of 10-50 hours).
§ Completing required courses including Value Investing, Introduction to Financial Modeling for Investment Banking, Control Investing, Distress Investing
§ Assist senior analysts in tracking periodic developments of current portfolio headings by reading press releases, SEC filings, monitoring quarterly conference calls, media reports, and updating research reports accordingly
§ Purpose, develop, and defend investment ideas for the Fund using NAV, comparable companies, precedent transactions, and multiples analysis, as well as assessment of liquidity, capital resources, management, and debt and equity holders
Natixis Global Asset Management Boston, MA Compliance & Legal Intern June 2016-August 2016
§ Aided Natixis’ entrance into the ETF market by performing research and due diligence on ETFs and a prospective ETF distributor § Recognized for taking the initiative to create new company-wide processes/best practices to be followed for contract review and
conducting committee/group meetings § Exposed to the ever-changing regulatory world of financial industries by receiving training on ETFs and Department of Labor’s
Fiduciary Rule alongside associates and senior management § Researched the effects of Alabama Protection of Vulnerable Act on NGAM’s clients and whether the firm needs to take action § Analyzed monthly ownership changes in shares of funds to determine possible tax implications § Engaged in weekly classes (ex. Professional presence) and a group intern project on “Workplace Design and Employee Needs of the
Future” to give NGAM millennials’ perspectives as they prepare to move into a new office space during Fall 2017 Ernst & Young Emerging Leaders Summit & Emerging Leaders Program Washington, DC & Boston, MA Participant June 2015 & June 2016
§ Engaged in two highly selective national and regional leadership programs with interactive industry workshops and team-building activities to expand global awareness in the business world
LEADERSHIP/ ACTIVITES Investment Club Syracuse, NY Chief Research Officer (CRO) January 2016-Present
§ Conducts research using press releases and fundamental analysis (10-K’s and annual reports) to evaluate potential equities and apply to portfolio thesis
§ Newly elected as CRO in order to maintain high quality research performed by analysts The College Federal Reserve Challenge New York, NY Mock Federal Open Market Committee Member September-October 2015
§ Played the role of monetary policymakers by analyzing current economic conditions and recommending a monetary policy of raising interest rates by 25 basis points by the end of 2015
§ Enhanced the ability to think analytically, make effective professional presentations, collaborate with three other team members, and to think quickly in order to answer judges’ questions on complex topics
Habitat for Humanity SU Chapter Syracuse, NY & Lafayette, LA Vice President of Fundraising March 2015-May 2016
§ Planned and implemented community-wide events led which raised over $2,000 § Worked with limited budgets to raise money through these events by contacting companies to donate supplies and services,
finding inexpensive deals, and organizing attractive events to create a profitable turnout § Volunteered in a week long service trip to help build affordable homes in Lafayette, LA
SKILLS & INTERESTS Computer: In process of completing Bloomberg terminal certification (Equity, Fixed Income, FX, and Commodities), Certified Microsoft Office Specialist Excel 2013, Google Analytics, Tableau, Novatus Languages: Albanian (native proficiency), English (bilingual proficiency), Spanish (conversational proficiency) Interests: Lacrosse, Soccer, Rowing, Sketching, Hiking, Traveling, Concerts, Volunteering, Delta Sigma Pi, Whitman Peer Mentor
Refjola Malushi
Refjola was first intrigued by the world of business in middle school when she read her first 401K
statement. Growing up in an immigrant family with non-English speaking parents, she translated just
about everything to Albanian for her parents - from CNBC broadcasts and car leases to 401K statements.
Although these seemed like chores at the time, these experiences established the strong foundation of
Refjola’s knowledge and love for commerce.
Refjola decided to pursue a career in Finance during her sophomore year of high school when she
participated in the Junior Achievement Stock Market Challenge sponsored by State Street. The challenge
stimulated a 60-day cycle of the stock market and its functions of buying, selling, analysis, and risk, in
which every 60 seconds represented a day of trading. Between the hustle and bustle of selling and buying
stocks at a moment’s notice, she realized that this was merely the beginning of her Finance career.
Refjola capitalized her interests when she decided to major in Finance and Accounting at the
Martin J. Whitman School of Management and minor in Global Political Economy. Outside the
classroom, she utilizes her interest in Finance to create a greater good for the community by taking on the
position of VP of Fundraising for Habitat for Humanity. Refjola created detailed budgets for fundraisers
by collecting invoices as well as planned and executed community wide events to raise over $2,000.
After her sophomore year, Refjola interned with Natixis Global Asset Management (NGAM) as a
legal intern where she worked closely with lawyers and paralegals at a time when regulations on financial
companies were constantly changing. She gained exposure outside of legal such with NGAM launching
their first ETF and learning about portfolio construction. Refjola’s internship was an invaluable learning
experience which excited her for the endless learning she’ll gain at every stage of her career.
Refjola looks forward to be a Junior Analyst for the Orange Value Fund. She realizes that the best
way to gain a financial education is through the real world responsibility of managing money. All of
Refjola’s experiences have allowed her passion for a career in financial services to grow as she looks
forward to further develop her skills.
Matthew Moore Current Address: [email protected] Permanent Address:
604 Walnut Ave, #14 (303) 408-1492 2868 West 115th Drive
Syracuse, NY 13210 Westminster, CO 80234
Education Syracuse University Syracuse, NY
Martin J. Whitman School of Management, Bachelor of Science in Finance May 2018
Maxwell School of Citizenship, Bachelor of Arts in Economics
GPA: 3.79/4.00
Dean’s List (Fall 2014-Present)
Experience
Orange Value Fund Syracuse, NY
Junior Analyst August 2016-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 $4.0 M portfolio using a deep value investment
methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach.
Researching and writing a report on a portfolio company under the supervision of a Senior Orange Value Fund Analyst
Assisting Senior Orange Value Fund Analysts in preparing their written reports and pitches for investment ideas
Completing the following required courses; Financial Modeling for Investment Banking, Value Investing, Control Investing,
Distress Investing
HD Heating Denver, CO Technician Assistant Summer 2015
Assisted with the installation of air conditioning units on 24 apartment buildings by installing and brazing line sets, filling the
units with cooling, pumping down units to create a vacuum, and running electrical wire to units for thermostat installation
Conducted maintenance and performance checks on air conditioning units by checking voltages to electrical components and
checking outflow and inflow temperatures on the air conditioning unit and in the apartment units in the 24 buildings
New Jersey Junior Titans Howell, NJ
Athlete August 2013-April 2014
Dedicated my time to furthering my hockey career after graduating high school by playing in an elite junior hockey league
Practiced on the ice for 25 hours per week and had dryland training which totaled an additional 10 hours per week
Traveled the east coast to play over 60 games during the course of the regular season and playoffs
Leadership
Syracuse University Investment Club Syracuse, NY
Research Analyst September 2015-Present Analyze the current markets to stay up to date and find potential opportunities that the fund of $150,000 can invest in
Research those potential opportunities that the fund should invest in by evaluating SEC filings and annual reports
Attend weekly meetings to discuss current news in the markets, review the portfolio, and vote on new investment ideas
IMPRESS Program Syracuse, NY Peer Mentor May 2015-Present
Chosen by professors to guide two groups of five freshmen with their transition into Whitman School of Management
Attend Peer Mentee meetings at least once a week to ensure the groups are achieving their goals and reaching deadlines
Offered assistance to help my Peer Mentees with any questions they have about being a student at Syracuse University
Community Service
Two Angels Ugly Coat Classic Broomfield, CO Volunteer July 2009-July 2013
Directed the placement of 200 golf bags to the appropriate participant’s carts in order for an efficient and on time tee-off
Assisted during the event by delivering necessary beverages and snacks to participants throughout the golf course
Skills, Activities & Interest Computer: Microsoft Excel Certified, Bloomberg Core
Activities & Interests: Whitman on Wall Street, Ice Hockey, Soccer, Hiking, Traveling, Fishing
Matthew Moore
Currently a Junior at Syracuse University, Matthew Moore is perusing a major in finance from
the Whitman School of Management, as well as a major in economics from the Maxwell School of
Citizenship. Matthew spent most of his life in his hometown in Colorado, before attending a boarding
school in Cleveland, Ohio to play hockey. Upon graduating high school Matthew continued his hockey
career by playing junior hockey in New Jersey. Through his experience as a high-level, competitive
athlete he developed important leadership skills and critical-thinking skills.
Matthew’s passion for the business world started at a young age as he took an interest in his
father’s real estate appraisal company. Initially, Matthew wanted to work in the real estate industry but
over the years his interests have evolved. The financial crisis had a major impact on his father’s company
and because of this he wanted to learn more about the causes of the crisis. He learned about the inner
workings of the market crash through the involvement of Mortgage Backed Securities and how they
played such a crucial role in the downturn of global markets. This is when Matthew became interested in
pursuing a career path in financial services.
In order to follow his passions, Matthew decided to attend the Whitman School of Management
and has been an active member at Syracuse University. He has been a peer mentor at the Whitman School
of Management where he continued to develop his leadership skills, and is also a part of the Investment
Club where he has furthered developed his critical-thinking skills. The most influential experience for
Matthew was the Whitman on Wall Street trip which made him realize that this is the career path that he
wants to pursue even though it is very competitive to break into.
Matthew is motivated to start working for the Orange Value Fund which will allow him to gain
real world experience as well as an invaluable education that will help differentiate him as a candidate.
After graduating, Matthew hopes to take the knowledge and experience gained from the Orange Value
Fund and pursue a career in the financial services industry.
Current Address Michael Slutsky Permanent Address 207 Comstock Ave. 314-757-3520 472 Eltingville Blvd. Syracuse, NY [email protected] Staten Island, NY Education Syracuse University Syracuse, NY Martin J. Whitman School of Management May 2018 Bachelor of Science in Finance, Accounting Overall GPA: 3.71/4.00 | Honors: Deans List (Spring 2015, Fall 2015, Spring 2016) Work Experience The Orange Value Fund, LLC Syracuse, NY Junior Analyst Aug. 2016 – Present The Orange Value Fund is an elite two-year money management and investment banking program, where select students are trained to become both investment analysts and money managers while managing a $4.1 MM portfolio using a deep value investment methodology similar in nature to Martin J. Whitman’s “safe and cheap” approach. (a weekly commitment of 10-50 hours) § Tracking developments for portfolio companies through press releases and the analysis of SEC filings (8K, 10Q) § Meeting with the managing director on a bi-weekly basis to present and explore actionable investment ideas § Calculating the potential effects of current microeconomic and macroeconomic events on portfolio holdings § Completing additional course modules for the program such as Value Investing, Control Investing, Distress Investing,
Financial Modeling for Investment Banking Bay Crest Partners, LLC New York, NY Summer Analyst Jun. 2016 – Aug. 2016 § Participated in the sales & trading rotational program consisting of equities, fixed income, options, and swaps to
further evaluate the intricacies of each respective desk as well as product § Completed an intense 15 hour derivative trading and investment training workshop focused on options § Created a DCF model for Nike (NKE) to analyze future growth within the company as well as the industry § Researched options strategies and utilized the Black Scholes Options Model to evaluate various options premiums Ipreo Holdings, LLC New York, NY Corporate Account Analyst Jun. 2015 - Aug. 2015 § Extracted and analyzed data from 3000 client websites, that utilized Q4 web hosting in order to identify competition § Reported to senior management that the data collection resulted in a 2% loss of customer base of 3000 clients, data was
then collected by the Product & Sales Management teams in order to improve the software system § Assessed and directed client feedback to various departments regarding product enhancement requests § Provided training and assistance to the client base through software demonstration sessions and presentations § Integrated 200-1000 new contacts into existing client databases on a daily basis Martin J. Whitman School of Management Graduate Office Syracuse, NY Student Assistant Sep. 2014 - Present § Responsible for updating budget spreadsheets with expenses totaling over $50,000 monthly § Cross-examine multiple spreadsheets containing student data in order to address redundancies in the system § Received authorization to allow students and faculty to reserve 30+ rooms within the building § Prepare coworkers for international travel by developing custom program brochures for prospective students Leadership Syracuse University Investment Club Syracuse, NY Senior Research Analyst Sep. 2014 - Present § Explore investing options for the club’s $130,000+ portfolio in order to maximize gains § Staying current with macroeconomic events and projecting their effect on the portfolio’s holdings § Successfully pitched a long position in Tesla Motors (TSLA) which yielded a realized gain of 25% § Presented multiple industry analysis reports on the biotech sector to educate the club on current investment options
Skills, Activities and Languages Skills: Bloomberg Terminal Certification, Certified Microsoft Excel Specialist, Factset Proficient, Equity Technical Analysis Activities/Interests: IMPRESS Peer Mentor, Financial Management Association, Whitman on Wall Street, Personal Portfolio, Snowboarding, Black Belt in Taekwondo Languages: Fluent in Russian
Michael Slutsky
Originally from Israel, Michael came to America at the age of five. He spent the majority of his
childhood in St. Louis, Missouri, before moving to New York during his sophomore year of high school.
Michael is a very optimistic and motivated individual with a unique passion for numbers. Michael first
became interested in finance when he took an economics class as a junior in high school. The curriculum
included a stock market simulation game, as well as a trip to the New York Stock Exchange. Shortly after
the conclusion of the class, Michael opened up his own investment account with his personal savings. He
initially began as a technical trader, but has transitioned to a more fundamental approach.
Immediately after arriving to Syracuse University as a freshman, Michael knew he needed to
work hard and learn as much as possible about the financial services industry. He began to explore the
different opportunities offered to students with a passion for finance. He joined the Syracuse University
Investment Club as a research analyst, where he has presented numerous presentations and pitches. He
successfully co-pitched a long position in Tesla Motors that yielded a 25% gain. He is also involved in a
number of other clubs and events. He believes that his best experience within Whitman thus far has been
the Whitman on Wall Street Trip. The three-day trip made him realize how competitive the industry really
is, and what he needs to do to truly be successful.
The summer after his freshman year, Michael interned at Ipreo, a major market intelligence and
analytics firm. While there, he had more of a client relations role, but he knew he wanted something more
quantitative based. This past summer, Michael landed an internship at an institutional broker-dealer called
Bay Crest Partners. While there, Michael shadowed traders on multiple desks, learning the intricacies of
the different products. After shadowing and speaking to numerous alumni, Michael has decided that he
would like to pursue investment banking as a career path.
Michael believes that the experience and knowledge he will gain as an Orange Value Fund
Analyst will help him stand out among his peers as a candidate for investment banking. He hopes that his
work ethic and passion for finance will be of great value to the Orange Value Fund Program.