Student Managed Investment Fund
The Student Managed Investment Fund (SMIF) is a 3 credit hour (1.5 credits per semester) course where students will have the opportunity to manage a long-only value fund investing in U.S. equities. The fund was created through a generous gift from UGA alums Darren DeVore - a Foundation Trustee - and his wife, Pam, to give business students practical, real-life experience in investment management. Students will be responsible for managing over $1,000,000 of capital from alumni and the UGA Foundation. Entry into the fund is highly competitive. The interview process occurs in the Spring semester each year and attracts top students from the Terry College of Business.
Students accepted into the fund will be divided into industry sector teams that align with their preferences. These teams will be expected to research and follow securities in their industry sectors and will periodically present potential investment opportunities to the class.
Past students have had success acquiring summer internships and full-time job opportunities at firms that include: Bank of America, Barclays, Boston Consulting Group, Cerberus Capital Management, Citigroup, Credit Suisse, Deloitte, Deutsche Bank, Evercore, Goldman Sachs, J.P. Morgan, Moelis & Company, Morgan Stanley, Oaktree Capital Management, Roark Capital, SunTrust Robinson Humphrey, Tiger Global, TPG Capital, Trian Partners, Wells Fargo, and William Blair.
The SMIF is a hands-on learning opportunity that produces a return on investment to which every university aspires and is even more proof that a gift to the University of Georgia Foundation is always a valuable investment.
For additional information please visit the fund’s website at ugasmif.com.