Kinney Asset Management reached out to us recently - they are looking for an 2nd year MBA to join their analysis team in Chicago. If you are interested, please reach out to Philip Berkman:
Philip Berkman
Acacia Capital, L.P.
Kinney Asset Management, L.L.C.
980 N. Michigan Ave, Suite 1200
Chicago, IL 60611
(Ph) 312-548-8423
(Fax) 312-548-8429
Job Description
We are looking to bring on another analyst at Kinney Asset Management, a Chicago-based public equity portfolio manager with a global mandate and a concentrated, value-based portfolio.
The ideal candidate will have 2+ years of experience in public equity investing. They should have fluency in reading financial statements and in building basic models. Non-traditional backgrounds are encouraged, although a demonstrated interest in business fundamentals and value-based investing is expected.
Candidates must be self-starters with the initiative and drive to make the extra effort in ferreting out information on companies. They must understand value (i.e. get excited as things get cheaper). A non-US centric view of the world is a major plus. Our portfolio is concentrated and global, and we maintain extensive fundamental familiarity with each business.
Responsibilities include overseeing existing portfolio positions and researching new potential investments. This will include significant amounts of individual time accumulating knowledge and then conveying that information efficiently to the team. Time will be spent learning about different business models, interviewing management teams and conducting scuttlebutt on companies and industries of interest. Compensation will be reasonable. The job is based in Chicago with the expectation of regular in-office time, although a hybrid structure is eventually possible.
For the right candidate this is an exciting opportunity to develop value-based investment skills in a highly focused and collegiate environment.
Additional details below:
Duties & Responsibilities:
- Undertake fundamental research to identify investment opportunities, assess intrinsic value, and articulate risks and potential return expectations
- Utilize a rigorous and thorough investigative process involving company meetings, site visits, industry contacts, financial analysis, and other scuttlebutt
- Develop and maintain research tools including models, databases, and spreadsheets
- Monitor current and prospective holdings on an ongoing basis, updating views in response to changing market conditions, company events and industry news
- Proactively develop recommendations for new investment ideas. Articulate findings to the investment team through both written work and team discussion
- Perform other duties and special projects as needed including due diligence related research projects and industry level analysis
Qualifications:
- 2+ years of relevant investment research experience, with a demonstrable interest in value-based principles and ideally some global experience
- Ability to efficiently and effectively source new ideas, summarize investment theses and communicate recommendations
- Prior experience with financial statements, modeling and analysis
- Self-starter who is able to prioritize tasks and maintain high levels of productivity with minimal supervision
- Team player that enjoys asking questions, expressing opinions and being actively engaged in internal discussions regarding portfolio holdings
- Passion for value investing combined with a strong work ethic, integrity, and a commitment to individual development
Andy
UCBIC
XP-92