[Meeting Minutes] April 1st, 2011

Agenda:

• Marketing Chair


• Market Update - Relative Value


• Special Situations: Sprint Calendar Spread - David Plon


• Portfolio Update - Risk


• Chalk Talk: You Can Be A Stock Market Genius - Evan Cantor

Links to attachment: April_01_2011.ppt

[Meeting Minutes] March 25th 2011

Agenda:

• Relative Value: Aeropostale - Sahas Rao


• Introductions & Club Goals - Evan Cantor


• Special Situations: Market Update - Annabel Lim


• Risk Management: Portfolio Overview

Links to attachment: mar_25_2011.ppt

[Meeting Minutes] Weekly Meeting, 02-25-11

Link to Attachments:
02-25-2011_final.pptx View Download

Agenda:

• Risk Management Portfolio Overview
• Global Macro: AUD/USD Carry Trade
• Chalk Talk: “How to play a SS trade” – David Plon
• Moving Forward

[Meeting Minutes] Weekly Meeting, 02-11-2011

Link to Attachments:
2-11-2011-(2).pptx Download

Harrison Freund, the Vice President of McIntire Investment Institute, is coming in AIF to give a special presentation today.

Agenda:

• Risk Management Portfolio Overview
• Long NYSE:BEC – MII VP Harrison Freund
• Chalk Talk: “How to play a SS trade” – David Plon
• Market Update – Scott Law and Peter Anderson
• Moving Forward: Prospective Officer Meeting – February 18, 2011;Meeting with Dean S; Owl Capital Presentation – February 18, 2011; Spring Symposium - April 29, 2011
  
  

[Meeting Minutes] Weekly Meeting, 02-04-2011

Link to Attachments:
02-04-2011.pptx Download

Agenda:

• Charter Approval – Sipian, COO
• Portfolio Update – Risk
• Market Update – Global Macro
• Pitch – Special Situations
• Chalk Talk – Diversification
  
  
  

[Meeting Minutes] Weekly Meeting, 01-29-11

Link to Attachment:

1-28-2011.pptx View Download

[Workshop] Valuation Workshop by Prof. David Smith, Weekly Meeting, 01-22-11

Link to workshop material:


Kmart Financials For Technical Review 2011 SOLUTIONS.xlsx Download
228k

Enterprise Valuation Review Lecture Spring 2011.ppt Download
540k

[Meeting Minutes] Weekly Meeting, 01-22-11

Link to meeting slides:
01-21-2011-2-[3].pptx

Agenda:

• Introduction to AIF – Annabel Lim (Junior Manager)
• Portfolio Update – Sam Li (CRO)
• Market Update – Peter Anderson (Senior Manager/CFO)
• PMUG Pitch – Scott Law (Senior Manager/CEO)
• “Chalk Talk” – David Plon (Senior Manager)

[Announcement] Meeting and Interview Workshop in RR120 at 12:00 this coming Friday

Welcome back to school!

We are glad to announce our weekly meeting and interview workshop to be held in conjunction with Professor Smith's discussion on financial valuation co-sponsored by Career Services. AIF will be co-sponsoring this event, which will be held from 12:00-5:00 in RR120 this coming January 21st. The meeting agenda is as follows:


12:00-1:30 - Professor Smith discusses technical valuation
2:00-3:00 - AIF normal general body meeting
3:00-3:30 - Overview of Investment Banking
3:30-4:30 - Interview panel and discussion of the internship recruitment process with AIF 4th years
4:30-5:00 - Audience Questions


Wish to see you there!

[Meeting Minutes] Weekly Meeting, 12-03-10

Congratulations everyone! Another great semester for AIF
Have a great holiday season and see you next semester!

Link to meeting slides:
12 - _meeting.pptx

Agenda:

• Risk Management Portfolio Overview
• Talecris/Grifols
• Long Teva Pharmaceuticals (NASDAQ:TEVA)
• ETF- GLD
• What happens now!

[Meeting Minutes] Weekly Meeting, 11-12-10

Link to meeting slides:
11-12_meeting.pptx

Agenda:

• Transactions
• Performance
• Pitch - Sell EUR/AUD
• Pitch - Puts on Dynegy
• Pitch - Short Prepaid Legal Services (PPD)

[Meeting Minutes] Weekly Meeting, 09-17-10

Link to meeting slides:

09-17-2010.pptx

Agenda:

• Welcome
• Special Situations Pitch
• Watch list
• Portfolio Overview
• Provisional Member status
  
  

[Meeting Minutes] Weekly Meeting, 09-10-10

Link to meeting slides:

09-10-10. Oceanus_Meeting.pptx

Meeting brief:

Pitch: Long - December Corn

Watch list - Global Macro:

•Natural Gas
•French Government Debt
•Volatility (VIX)
•Canada

Watch list - Relative Value:

•Gold - Short
•Itron, Inc (NYSE:ITRI)
•American Tower (NYSE:AMT)
•Athenahealth, Inc (NYSE:ATHN) - Short
•Citrix Systems, Inc (NASDAQ:CTXS)
•Akamai Technologies, Inc (NASDAQ:AKAM)

[Meeting Minutes] Weekly Meeting, 09-03-10

Welcome back everyone! Hope ya'll had a great summer.

Link to meeting slides:
1st_Meeting_(09-03-2010).pptx

Meeting brief:

• Introduction: Club overview
• Pitch: Relative Value (NYSE:LVY)
• Watch list: Special Situation & Global Macro
• Portfolio Update : Risk Management
• Wrap-up & Next steps

Next Step:

• Resume deadline: Friday, September 10, 2010 to tsl5e@virginia.edu
• Interviews: Week of September 13-17
• Staffing Meeting: September 17, 2010
• Pitch date: TBD

AIF Annual Report 09-10

Download full report: AIF+Annual+Report+09-10.docx











Dear McIntire Community:


I am pleased to take the reins of the Oceanus Alternative Investment Club from Ryan Yin this spring. I am very excited both for the opportunity to lead my fellow peers who are interested in broadening their exposure to various investing strategies and for the chance to establish the club among the elite of McIntire organizations. Since our clubs inception two years ago, we have successfully recruited and retained top talent from all of the Universities’ great schools including engineering, the college, and of course the McIntire School of Commerce. With an eye to the future and the clubs sustainability moving forward in mind, the next year will shed light on whether our club is here to stay among the best that McIntire has to offer or dissolve like many other great ideas that have preceded us.


To start next year, the club will be formally changing its name to the Alternative Investment Fund at McIntire. We feel as an organization that in order to take the next steps towards successfully winning the trust of investors a change in name to one that more formally outlines the clubs intentions was appropriate. With respect to those who came before us and founded the organization that we have come to enjoy and cherish we will continue on under our new title.
The next year’s significance is and will continue to be at the forefront of each members mind. In order to focus our energy on concrete initiatives that will enable us to gain the trust of investors, I will lay out the funds three primary goals for next year. The first goal is to establish a firm and concrete investing process that the fund will religiously follow in the future enabling us to present a clear and concise strategy to investors as well as formally organize our trade generation process. Second, the club will seek to trade and maintain a portfolio of $100,000 and record the return generated on this invested capital. Lastly, our club will seek for an investor and the establishments of an alumni board to ensure the clubs presence at McIntire long after the current members have graduated.


Thank you for showing interest in The Alternative Investment Fund at McIntire and taking the time to read our annual report. Without the help of interested faculty and alumni this organization would cease to exist.

Sincerely,


T. Scott Law
President, the Alternative Investment Fund at McIntire

[Announcement] Gregor Andrade from AQR Capital

presentation_Gregor Andrade_UVA_HF+Beta+Presentation_Feb+2010.pdf

Please Join us for the Presentation:
Hedge Fund Beta
with Gregor Andrade of AQR Capital Management
Friday, April 30 at 1:15 pm
Robertson 223

The Alternative Investment Fund at McIntire (AIF) along with the McIntire Investment Institute (MII) will be hosting Gregor Andrade this coming Friday at 1:30 in Robertson 223. Mr. Andrade is a former Harvard Business School finance professor who now works as a principle at the quantitative investment hedge fund AQR Capital. The topic for the presentation is "Hedge Fund Beta." We look forward to ending the year with an opportunity to get together and learn from a principal at one of top quantitative investment fund in the field. All McIntire and Darden students and faculty are welcome to attend.

[Meeting Minutes] Weekly Meeting, 04-23-10

04-23-10. Event Driven - HP_3Com_deal.doc
04-23-10. Sample_Initial_Research_Memo_Blackstone Short.doc
04-34-20. Value+Pitch+Template.doc

Agenda

 Name Change
Change the club name to "The Alternative Investment Fund at McIntire". Bill passed!

 Trading templates: to be uploaded here

[Meeting Minutes] Weekly Meeting, 04-16-10

04-16-10. Billy Law - Nutrisystem_Stock_Pitch_Business.pptx

Agenda
 Billy Law - Long NutriSystem
1. Strong, sustainable business model
2. Enormous potential for growth in their industry

[Meeting Minutes] Weekly Meeting, 04-09-10

04-09-10. Scott Law - GGP.pptx

Agenda
 Organize trade pattern
 AQR Capital discussion: April 30 @ 1:00
 GGP trade: The value of GGP will continue to rise as the bidding process heats up
*Long GGP:

• We know the value is $15
• We know other bidders exist
• We know all potential bidders cannot allow competition to gain hold of GGP

[Meeting Minutes] Introductory Meeting, 04-02-10

04-02-10. Oceanus_Introductory_Meeting.pptx


Exec Team:
 President: Scott Law
 Chief Financial Officer: Peter Anderson
 Chief Marketing Officer: Sipian Wang
 Alumni Relations Officer: Billy Law
 Chief Information Officer: Sam (Shanshan) Li
 PM of Event Driven Group: David Plon, Annabel Lim
 PM of Global Macro Group: Peter Anderson, Raghav Mathur
 PM of Relative Value Group: Scott Law, David Dai

Goals:
 Invest “100,000” dollars and maintain record keeping
 Establish a trade idea generation schedule
 Establish a long-term focused recruitment platform

Trade Idea Generation:
 3 week group rotation
 One group will pitch a trade at each weekly meeting
 Build group “breakout” time into meetings?

COF Warrants Trade

1) Long the Warrants
2) Delta Hedge
By Shorting the stock
By purchasing LEAP’s