Stephen Goodfellow of Merced, Calif., CCM Domestic Economist and International Sector Team Leader; Jill Guericke of White Lake, S.D., CCM Portfolio Manager and Consumer Discretionary Sector Team Co-Leader; Erik Muckey of Corsica, S.D., CCM President and Technology Sector Team Leader; Nathan O’Bryan of Cherokee, Iowa, CCM Public Relations Manager and Health Care Sector Team Leader; Molly Rosheim of Flandreau, S.D., CCM Archivist and Consumer Staples Sector Team Leader; Aaron Steele of Vermillion, CCM Vice President and Industrials Sector Team Leader; Nadya Tsoy of Almaty, Kazakhstan, CCM Model Consultant; and Ian Williams of Sioux Falls, S.D., CCM International Economist and Consumer Discretionary Sector Co-Leader, finished first in the Undergraduate Core Division of the student managed portfolio competition, an integral part of the GAME symposium. The winning portfolio is one of three portfolios managed by USD CCM.
“Since the GAME symposium is unique in the world in terms of combining investment and education, it attracts participants from universities as well as industry from around the world,” explained Angeline Lavin, Ph.D., M.B.A. and M.P.A. Programs Director and professor of finance at USD. “The exposure to this elite group of investment professionals and peer universities enhances the Beacom School of Business’ reputation significantly.”
Coyote Capital Management (CCM) is a student-managed investment fund designed to give students hands-on experience as money managers. The fund was started with a $10,000 donation from Larry Ness of First Dakota National Bank in December 2001. Through additional contributions from various donors as well as cooperation from Beacom School of Business International Programs and the USD Foundation, CCM now manages assets of more than $1 million.
In 2012, CCM received the South Dakota Board of Regents’ Award for Organizational Leadership. CCM has participated in the national student managed portfolio competition every year since 2002, but this is the first year that the organization has taken home top honors. Students in CCM voluntarily choose to participate in the organization and attend hour-long weekly meetings learning how to manage money as they attempt to generate long-term capital appreciation for the portfolio.
“The exciting track records carved out by former members of CCM in their careers after graduation is a testimony of the value of the hands-on experience provided by CCM,” Lavin stated. “Attending a conference like GAME also provides students with the opportunity to network with potential employers.”
According to Lavin, CCM members annually present to clients such as the USD Foundation Investment Committee as a part of the group’s client-customer relationship. Client presentations include detailed reports, communicating personally with the client and receiving detailed client feedback. Because the Beacom Employment Services Center annually attracts many employers to the USD campus, including Wells Fargo, First National Bank, the Office of the Comptroller of the Currency, the FDIC, Tallgrass Wealth Management and Ernst Capital Investments, among others, employment opportunities for members continues to grow.
“CCM members get to improve communication skills, enhance leadership abilities and gain a truly extraordinary learning experience that reinforces education from the classroom,” Lavin added. “Most importantly, CCM creates financial leaders willing to go the extra mile, go beyond what is expected, and achieve the unachievable.”
For more information about CCM, please visit http://orgs.usd.edu/coyotecapital. A photo of the eight officers attending game is available for download at www.usd.edu/press/news/images/releases/USD_CCM.jpg.