More than 200 Applied Investment Management (AIM) alumni from New York, San Francisco, and Chicago as well as Romania, France and Lithuania returned to campus in June 2005 for a 10th anniversary reunion.
Since its inception, about 480 students have completed the course that blends traditional investment theory with the practical experience of managing an actual portfolio in excess of $3.1 million. According to University of Notre Dame Vice President, Chief Investment Officer and Finance Professor Scott Malpass, “...the student-run portfolio has compounded at an annualized rate of 13.2 percent versus 8.9 percent for the S&P 500 Total Return Index, an excess return of over 400 basis points. The portfolio has appreciated over $2 million during the past ten years.”
The reunion featured 10 panels of former AIM students and industry experts. Topics ranged from trends in private equity and hedge funds to investing in real estate and venture capital.
“Entrepreneurship in Investing: How to Start Your Own Investment Firm,” featured panelists Richard Perry of Perry Partners and AIM alumni Michael Schwabe (’93), Chad Cascarilla (’99), and John Puntillo (’98), all of whom have founded their own investment management firms.
Keynote speakers were Jay Jordan (’69), Founder, Chairman, and CEO of Jordan Industries and former Irish football coach Lou Holtz.