NIBC 2015 COMPETITION PROSPECTUS - PKUcrm.gsm.pku.edu.cn/linkfiledir/UploadFiles/File/... · Panels...

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NIBC 2015 COMPETITION PROSPECTUS

Transcript of NIBC 2015 COMPETITION PROSPECTUS - PKUcrm.gsm.pku.edu.cn/linkfiledir/UploadFiles/File/... · Panels...

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N I B C 2 0 1 5 C O M P E T I T I O N P R O S P E C T U S

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NIBC 2015 Welcome Letter 01

Highlights of NIBC 2014 02

Competition Overview 04

Competition Process 05

Past Participating Universities 06

Case Development 07

First Round Case 08

First Round Evaluation Criteria 09

First Round Sample Case: NIBC 2013

Final Round Sample Case: NIBC 2014

NIBC 2014 Judges and Competition Finalists

10

11

14

Past Winners 17

Organizing Teams 18

Prospective Sponsors and Participating Firms 19

Contents

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 1

Dear Competitor,

Thank you for your interest in the 2015 National Investment Banking Competition (NIBC 2015). Competing in NIBC will allow the most accomplished and dynamic students to distinguish themselves and attain international recognition from peers and senior industry professionals. Competitors will utilize and develop skills in financial analysis, modeling, and pitching, all of which are essential to a successful career in investment banking. This year, the Competition will offer Undergraduate and Graduate students from top universities around the world the opportunity to compete for a $15,000 prize pool.

NIBC’s objective in designing the case and competition process is to provide students with a competition that simulates the work of an investment banking professional. The Organizing Team works closely with our Industry Sponsors and Board to create a competition that focuses on real-life transactions involving publicly listed companies. Participation in NIBC will provide hands-on experience and insight into the daily responsibilities of junior and senior investment bankers. These responsibilities include analysis of financial data, running scenarios in financial models, evaluating structural alternatives against client parameters, creating pitch books, and presenting to senior management. The Competition culminates in a live pitch by finalist teams to Managing Directors of leading North American investment banks.

Please take the time to review all of the rules and procedures outlined in this Competition Prospectus. Information and detailed instructions pertaining to the completion of the First Round Case will be provided in a separate First Round Case Package upon registration. Please feel free to contact Chris Wong, Director of Competition, at [email protected] with any enquiries. For registration, please visit www.nibc.ca. We wish all teams the best of luck in the First Round!

The NIBC 2015 Organizing Team,

Chris Wong, Director, CompetitionJuliet Zhu, Director, Marketing

NIBC 2015 Welcome Letter

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Competition Prospectus | 2NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

During NIBC 2014, 947 Undergraduate and Graduate students from top universities across Canada, the US, and abroad competed in the First Round, of which 160 competitors from 40 teams advanced to the Second Round in Vancouver, Canada. In the Final Round, teams from the McGill Desautels Faculty of Management (Undergraduate) and the UCLA Anderson School of Management (Graduate) were awarded first place, winning a combined prize pool of $15,000 and international recognition.

Highlights of NIBC 2014

Competition Highlights

26Canadian

Universities

40American

Universities

947First RoundCompetitors

$15,000Prize Pool

Harry Pokrandt Managing Director Macquarie Capital

Craig Dudra Managing Director

RBC Capital Markets

Kathy Butler Managing Director

CIBC World Markets

Ted McGurk Managing Director

TD Securities

Morten Eisenhardt Director

BMO Capital Markets

Dan Barnholden Managing Director

National Bank Financial

Russell Green Director

Scotia Capital

Final Round Judging Panel

Par ticipating Universit ies

Second Round and Final Round

Strategic Sale Recommendation

Pitch Book & Presentation

Lions Gate Entertainment Corp.

Valuation & LBO Analysis

Model, Memorandum & Pitch Book

Lions Gate Entertainment Corp.

First Round

6InternationalUniversities

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 3

Brett WilsonPresident & CEOFirst Capital

Conference Highlights

300Students

150Professionals

4KeynoteSpeakers

8Panels &

Workshops

Past Keynote Speakers

Ian TelferChairman of the BoardGoldCorp

Patrick MeneleyVice Chairman & Head of Global Investment BankingTD Securities

Egizio BianchiniGlobal Co-Head, Metals & MiningBMO Capital Markets

Panels Workshops Networking

• Private Equity

• Client Perspectives

• Sales & Trading

• Investment Banking Q&A

• Overview of Full-Service

Investment Bank

• Initial Public Offerings

• Mergers & Acquisitions

• Valuation

• 5-Star Gala Dinner

• Wine & Cheese

• Coffee Networking

• Evening Event

The conference represents one of the most sophisticated events focused on the capital markets, and provides attendees with an unparalleled learning and networking opportunity through keynote speeches, panels, workshops and networking events. Every year, NIBC invites company founders, CEO’s, global heads and managing directors to speak to attending students.

Doug GuzmanHead of Global Investment BankingRBC Capital Markets

Key Statistics

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Competition Prospectus | 4NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

The focus of the Competition is to provide students with the opportunity to understand and apply practical skills relevant to investment banking. The Competition will assess the various qualities desired in an aspiring Analyst or Associate and will culminate in a live pitch to Managing Directors of North American investment banks. The competition process is designed to evaluate the following traits in competitors:

• Understanding of financial concepts including financial modeling• Problem-solving skills under time pressure• Public-speaking and presentation skills • Ability to function as a team in a high-pressure and dynamic environment

Competit ion Overview

• Discounted cash flows• Trading comparables• Precedent transactions

NIBC 2012NIBC 2011 NIBC 2014NIBC 2013

NIBC 2010 NIBC 2011 NIBC 2012 NIBC 2013

FINAL ROUND

Merger Acquisition Financing Acquisition

Manufacturing Mining Mining Gaming

PRELIMINARY ROUND

Valuation Valuation Valuation Valuation

Manufacturing Fashion Sports Apparel Gaming

FinancingAcquisit ion Acquisit ionAcquisit ion

Second Round and Final Round

In the Second Round and Final Round, competitors are given several hours of resolution time to prepare advice on a realistic transaction and are required to deliver live pitches to senior investment bankers. Competitors are provided with advanced tools and guidance typically available to an investment banking deal team including market data for trading comparables, data on precedent transactions, pitch templates and a sophisticated financial model set up to evaluate capital structure alternatives and operating scenarios.

Mining GamingMining

Athletic Apparel GamingSpor ting Equipment

ValuationValuation ValuationValuation

First Round

In the First Round, competitors build and analyze a full valuation model based on discounted cash flows, trading comparables and precedent transaction analysis. Graduate students will also be required to complete additional analysis, including a leverage buyout analysis, of the same company. Competitors will then submit a detailed presentation, financial model and memorandum for evaluation.

NIBC 2010 NIBC 2011 NIBC 2012 NIBC 2013

FINAL ROUND

Merger Acquisition Financing Acquisition

Manufacturing Mining Mining Gaming

PRELIMINARY ROUND

Valuation Valuation Valuation Valuation

Manufacturing Fashion Sports Apparel Gaming

NIBC 2010 NIBC 2011 NIBC 2012 NIBC 2013

FINAL ROUND

Merger Acquisition Financing Acquisition

Manufacturing Mining Mining Gaming

PRELIMINARY ROUND

Valuation Valuation Valuation Valuation

Manufacturing Fashion Sports Apparel Gaming

NIBC 2012NIBC 2011 NIBC 2014NIBC 2013

Enter tainment

Enter tainment

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 5

Competit ion Process

First Round

The First Round takes place during October 2014. Teams will receive a case package containing detailed instructions and templates and will have four weeks to prepare their submission. The top 25 Undergraduate and 15 Graduate teams will be invited to the Second Round in Vancouver, Canada.

Second Round

Teams which have advanced from the First Round will compete in the Second Round on January 13th - 15th, 2015 at the Pan Pacific Hotel in Vancouver, British Columbia. Teams will receive a comprehensive case package and financial model, and will be given several hours of resolution time to analyze a realistic investment banking transaction. Following the resolution period, teams will be divided into pools and will have a 10-minute presentation and 10-minute Q&A session with a judging panel comprised of junior and senior bankers. These presentations will take place at the boardrooms of our sponsoring investment banks in downtown Vancouver.

Final Round

The best team from each pool will present to a live audience during the Gala Dinner on January 15th, 2015. The Final Round Judging Panel comprised of Managing Directors will select the winning teams, to which the $15,000 prize pool will be awarded.

Registration

Teams of three to four Undergraduate or Graduate students can register online at nibc.ca. The registration fee is $100 per team.

Advancement Fee

First Round competitors who are invited to the Second Round must submit an Advancement Fee in order to advance. The Advancement Fee includes three nights’ accommodation at the Pan Pacific Hotel, the Gala Dinner, evening events, and access to all conference and networking events. Teams must arrange their own transportation to and from Vancouver. We encourage Finalists to inquire whether travel or competition subsidies are offered by their universities and student societies. All Finalists will be required to pay the Advancement Fee even if they reside in the Greater Vancouver Regional District area as all Finalists are required to stay at the Pan Pacific Hotel for the duration of the Competition.*Key competition dates are tentative

REGISTRATION OPENS

August 11, 2014

FIRST ROUND CASE DISSEMINATION

October 14, 2014

ADVANCEMENT FEE DUE

December 2014

RESULTS ANNOUNCED

December 2014

FIRST ROUND CASE SUBMISSION

November 8, 2014

REGISTRATION CLOSES

October 12, 2014 S E C O N D & F I N A L R O U N D

January 13 - 15, 2015Vancouver, CanadaBe recognized, nationwide.

NIBC

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Highlights from NIBC 2012

Competition Prospectus | 6NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

Past Part icipating Universit ies

Canadian Universities

US Universities

International Universities

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 7

Amardeep Chandi!KKRAssociate!

Case Committee"

Canadian Universities

Gint Austrins!Global SecuritiesResearch Analyst!

Case Committee"

Since NIBC’s inception, the cases used in the Competition are designed by NIBC’s Case Committee. The Case Committee is comprised of professionals who have dedicated their time and experience in financial analysis and transaction structuring to work with the Organization Team. Throughout the case creation process, the Case Committee screens companies, reviews trading comparables and precedent transactions, and consults with industry experts to identify suitable real-life situations. As part of the Final Round Case, the Case Committee works with the Organizing Team to prepare a sophisticated financial model and information package for competitors as well as a comprehensive case summary for judges.

NIBC’s Board consists of the Case Committee as well as general members. Prior to dissemination of the cases, the Case Committee receives input from industry professionals from sponsoring firms as well as the Board’s general members.

Case Development

Martin Haakonsen!TD SecuritiesAnalyst!

Case Committee!

David Lam!Macquarie CapitalAnalyst!

Case Committee!

Jacky So!Barclays Analyst!

Case Committee!

Brenden Lee!Evercore PartnersAnalyst!

Case Committee!

Philip Chua!Macquarie CapitalAssociate!

Case Committee"

Michael Scott!RBCCapital Markets Vice President!

Case Committee!

Case Committee

Tracey McVicar!CAIPrivate EquityManaging Partner!

Board Member!

Kathy Butler!CIBC World MarketsManaging Director!

Board Member!

Chris Tsoromocos!Stern PartnersVice-President!

Board Member"

Rizvan Dhalla!Morgan StanleyManaging Director!

Board Member"

Scott Powell!MDA Training President!

Board Member"

Jordan Anderson!bcIMCAssistant Portfolio Manager!

Board Member"

Board Members

Harry Pokrandt!Macquarie CapitalManaging Director!!

Board Member!

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Competition Prospectus | 8NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

You are a new hire at an investment bank and extremely keen to prove yourself. Your team is in Las Vegas for a “site visit” to Marquee Dayclub as part of the negotiations around the sale of the Cosmopolitan of Las Vegas, following a highly-recognized pitch your team delivered two years ago. You have heard rumors that a Managing Director has requested your Associate to create a comprehensive valuation model for a company likely to be involved in a major transaction in the near future.

You volunteer to take a first cut at a valuation model based on discounted cash flows, trading comparables and precedent transactions. Your Associate has left a compilation of partially filled out templates and data on the respective company. In addition, after reviewing your company’s extensive data bank, you have found several relevant documents that would be useful in valuing the company.

While you are waiting for specific information about the prospective transaction to emerge, you approach your analysis by asking the fundamental questions of how to determine the value of the company and what type of corporate finance transaction this company might benefit from.

The Scenario

First Round Case Overview

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 9

Discounted Cash Flow (DCF) Analysis

DCF analysis is a critical aspect of a company valuation in every corporate finance transaction. The first task will be to forecast future financial statements of the company based on historical data and publicly available information in order to derive free cash flows and discount them by the appropriate cost of capital. This analysis is prepared to ascertain the present value of the company’s cash flows and ensure a detailed understanding of the company.

Trading Comparables

This section requires teams to use trading multiples of comparable companies to assess the value of the target company. Teams will be asked to complete a set of trading multiples for several companies and assess which companies are the most suitable for valuing the target company. Teams will be required to provide explanations for their selection of comparables and identify valuation themes relevant to the target company.

Precedent Transactions

This section requires teams to use transaction multiples of precedent transactions to assess the value of the target company. Teams will be asked to complete a set of transaction multiples for precedent transactions and assess which transactions are the most suitable for valuing the target company. Teams will be required to provide explanations for their selection of precedents and identify valuation themes relevant to the target company. Leverage Buyout (LBO) Analysis

This section requires teams to assess the value of the target company assuming an LBO transaction. Teams will be required to determine appropriate valuation and financing assumptions based on precedents and market information.

Strategic Analysis

Teams are required to provide an analysis of the current valuation of the company relative to its forecast and various valuation approaches employed. As final objective, teams will be required to utilize the analysis on the company’s valuation to present strategic alternatives for increasing the company’s shareholder value.

Overall Presentation

Your work as investment banking professional will be viewed externally by shareholders and internally by senior investment bankers, who expect high quality work product in every spreadsheet and presentation. The section of teams advanced to the Second Round will be made by senior professionals based on the quality of analysis, intuitive organization and visual appeal of the PowerPoint presentation submitted.

First Round Evaluation Criteria

20%! 20%! 15%! 10%! 35%!

Discounted Cash Flow"

Trading Comparables"

Precedent Transactions"

Leveraged Buyouts"

Strategic Analysis"

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Competition Prospectus | 10NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

First Round Sample Case: NIBC 2013

Valuation and Strategic Review of Wynn Resorts International

A financial sponsor has requested a meeting with an investment bank to discuss the valuation of and strategic alternatives for Wynn Resorts. The presentation is to include a thorough analysis of what the company is worth and what type of corporate finance transactions the company might benefit from in the future.

Case Material:

• Information package with key information and data on Wynn Resorts, the gaming industry and precedent transactions

• Excel template used for DCF, comparables, precedents and LBO analysis

• Guiding questions on topics to be considered in strategic review

Model Inputs: Model Outputs:

• Segmented Revenue Growth

• EBITDA Margins

• Capex Projections

• WACC Components and Terminal Value

• LBO Financing Assumptions and Exit/Entry Multiples

Specific Concepts:

• Analysis of company performance based on forecasted revenues, EBITDA margins, and free cashflows

• Analysis of company share price compared to fundamental DCF valuation and relative valuation based on trading

comparables and precedents

• Analysis of competitive position against industry peers

• Analysis of strategic alternatives and potential corporate finance transactions

• Free Cashflow Schedule

• Share Price

• Valuation Multiples

• IRR

• LBO Sources & Uses of Funds

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 11

Final Round Sample Case: NIBC 2014

Time Warner Acquisition of Lions Gate Entertainment

An activist hedge fund owning 37% of Lions Gate would like to explore a sale of Lions Gate, which has returned 363% in three years but may have achieved most of its growth potential. The board of Time Warner invites a number of investment banks to provide strategic insights in relation to the estimated minimum offer price, optimal financing structure, potential earn-out arrangements and tactical approach to execution.

Case Material:

• Information package with key information and relevant data on Lions Gate and Time Warner

• Fully-built Excel model with pre-set variable inputs and summary outputs to be pasted into slides

• Director memo from “transaction director” suggesting sequence of analysis and topics of slides

Model Inputs: Model Outputs:

• Premium over Share Price

• Earn-out% of Sales of EBITDA

• Size and Timing of Synergies

Specific Concepts:

• Strategic & Financial Rationales for M&A in Media Industry

• Valuation and Stock Price Impact

• Accretion / Dilution, IRR and NPV Metrics

• Synergies and Efficiencies

• Levered Financing Structures and Debt Metrics

Hunger Games (Lions Gate Entertainment) Lord of the Rings (Time Warner)

• Sensitivities on Forecast

• Proportion of Shares versus Cash

• Interest Rate on Corporate Debt

• Levered/Unlevered Asset IRR and NPV

• EPS Accretion / Dilution

• Net Debt to EBITDA Ratio

• Stock Versus Cash Consideration

• Deferred Payment Structures, Contingent Value Rights

• Board and Shareholder Approvals

• Management Incentives and Retention

• Bid Security and Price Protection Mechanisms

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Competition Prospectus | 12NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

Case Examples: NIBC 2014

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 13

Case Samples: NIBC 2013

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Competition Prospectus | 14NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

Craig DudraManaging Director & Co-Head of Investment Banking (Vancouver)RBC Capital Markets

2014 Final Round Judging Panel

Harry PokrandtManaging DirectorMacquarie Capital

Kathy ButlerManaging Director & Co-Head of Investment Banking (Vancouver)CIBC World Markets

Ted McGurkManaging DirectorTD Securities

Morten EisenhardtDirectorBMO Capital Markets

Dan Barnholden Managing Director & Head of Investment Banking (Vancouver)National Bank Financial

Russell GreenDirectorScotia Capital

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 15

2014 Undergraduate Division WinnersDesautels Faculty of Management

Competition Finalists

2014 Graduate Division WinnersUCLA Anderson School of Management

University of British Columbia

AAA Trio

Bryce RobinsonJennifer Jordache

Walter Cavinaw

The University of Hong Kong

Alpha Plus

Linus LeeBrian Li

Julia LauYvonne Tam

Ryerson University

Troy BorlinhaPaul Blennerhassett

William CampbellVladmir Bublik

University of British Columbia

Breaking Bonds

Peter KayeTudor BarcanWalton Lim

Nikolay Mal’tsev

University of Western Ontario

CapEx

Changhao GuGeoffrey MolnarRavi Unhelkar

David Li

University of Utah

Eccles Capital

Taylor NielsenBryce Whiting

Kaitlyn SaundersBenton Sturt

University of Waterloo

Em & A

Anqi WangMichael WangJason Gong

Joanne Toporoski

HEC Montreal

FPHEC

Alexandre BuissieresEric Farmer

Maxime NonglatonVincent Forbes

University of Victoria

Emery Capital

Yang YouEcho Yang

McKenzie TaylorEric Wong

University of Notre Dame

Fighting Irish

Yegor ElkinMichael Noelke

Justin Vogt

University of Western Ontario

KPC

Emily XiVictor Xu

Aaron Xian Di Mo

University of Waterloo

Leviathan Buyouts

Zhen Han ChongCedric KohJimmy FangMichael Mao

University of Western Ontario

Mustang Partners

A.J. MarkowskiFelix BoisseMike JaksaDarly Bendo

University of Manitoba

Mergers & ASPERitions

Gregory SoenenJohn CrockettTyler Nguyen

Mohammed Abas

Laval University

MRCR Consultants

Pascale BeaudinMarc BouchardRafael Fortier

Catherine Roussel

Florida International University

Phoenician Investment Fund

Mike CapoteBernardo Castro

Carlos ConsuegraJin Dong

University of Toronto

RSM Capital

Michael KeeganRadhika Karker

Saniya MahboobMichael Bercovici

University of British Columbia

QEE Capital

Orhan EldarovDhruv Sood

Pouya SiadatRaj Ahuja

Wilfred Laurier University & University of Waterloo

Rainmakers

Christopher Glizczynski Alexsander Damjan

Michael YongChristopher Hau

Capital Markets Group

McGill University

Positive Carry

Emily Ren Ivan Di

Nicholas BigelowMak Doric

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Competition Prospectus | 16NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

Point Break InvestmentKevin Zhang

Joseph DuronioAlexandre Jorion

Zack Conroy

UCLAUniversity of Waterloo

Team Accounting

Henry YuAili HuangHelen Hu

Onisifor Prisecaru

University of Toronto Mississauga

UTM Fast Four

Jun Yo KimJiachen YaoSally Lam

Jin Young Han

University of Waterloo

Waterloo Black

Harsh ShahBojan JoncerskiFaizan SiddiquiRebecca Yao

The University of Hong Kong

Alpha Kong

Piyush ChoudharyMohamed Ahsan

Karthik ReddyShogo Tanaka

University of Toronto

BKMM:MFin15

Ke SunBlake Dumelie

Matthew StephensonMichael Yang

Queen’s University

Cha Gheill

Nina GuVenkata Srinathnanduri

Dennis Lo

Purdue University

Boiler Finance

Brian FishJin Guo

Patrick HaslangerLukas Brenner

University of Minnesota

Carlson Graduate

Matthew BornRobert TinkhamNicholas Horns

Andrew Tsai

Queen’s University & Cornell University

CQ Capital

Lawrence TruongMorgan Burrows

Sean MasonBrendan Doucette

University of Denver

Daniels Professional

Ling ZhangTimothy Powers

Qiwen XueWei Peng

Georgia Institute of Technology

Georgia Tech Finance Club

Joseph SchagerKevin Reich

Christopher ZahrtJeff Williams

McMaster University

DBS Capital

Ahmad SyedJames Lyn

Bahaa AbdelfattahOliver Rowe

University of Denver

Fortis Capital

Evin BoyleMane Poghosyan

Chris WorelDavid Purinton

HEC Montreal

J3S Capital

Jan ArpSebastien MorinSantiago Franco

Mohsen Mousavinasab

University of Toronto

Maple Capital Partners

Sulaksan Uruthiramoorthy Pier Nasso

Christopher LaJeffrey Nagoshima

York University

SIBC

Michael FerberGideon Tjandra

Thomas CharnockPatrick Dydynski

The University of Hong Kong

Pi

Jim ShaoAshish SrivastavaSitaraman ViyerJacqueline Gao

University of Toronto

YYZ Capital

JP SadoAndrew DeluceWahed Fidaali

Cameron Loree

National University of Singapore

SGX Titans

Gavin LohVernon LohWei ZhitongWilliam Lim

Participating Universities 72

Competitors (Teams) 250

Competitors (Persons) 947

Rounds 3

Prize Pool $15,000

Competitor Distribution2014 Competition Highlights

Graduate  

Year  4  

Year  3  

Year  2  

Year  1    

Graduate  45%  Undergraudate  55%  

Eastern  Canada  39%  

US  31%  

Western  Canada  22%  

Asia    7%  

Europe    1%  

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 17

Past Winners

NIBC 2013 Undergraduate Winners!

NIBC 2012 Graduate Winners!

NIBC 2011 Undergraduate Winners!

2013 Undergraduate Division!

Richard Ivey School of Business!

Kevin Zhou!

GS Investment Partners!Analyst!

Kevin Gryp!

Silver Lake Partners!Summer Analyst!

Feroz Qayyum!

Evercore Partners!Analyst!

Rohit Guntur!

Morgan Stanley!Analyst!

2012 Graduate Division!

Rotman School of Management!

Aman Malik!

Credit Suisse!Associate!

Gregory Jones!

BMO Capital Markets!Associate!

Shaaj !Vijay!

RBC Capital Markets!Associate!

Stephen Ou!

RBC Capital Markets!Associate!

2011 Undergraduate Division!

Sauder School of Business!

Jordan Pandoff!

BMO Capital Markets!

Associate!

Alex White! TD Securities!Associate!

Haroon Chaudry!

BMO Capital Markets!Analyst!

Sarah Thain! Hecla Mining!Senior Analyst !

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Highlights from NIBC 2012

Competition Prospectus | 18NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015

Organizing Teams

NIBC 2014 Organizing Team!

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NATIONAL INVESTMENT BANKING COMPETITION & CONFERENCE 2015 Competition Prospectus | 19

P r i v a t e E q u i t y

Prospective Sponsors and Participating Firms

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Be recognized, nationwide.

Founded in 2007, the National Investment Banking Competition & Conference (NIBC) is an established organization which brings together students from 73 universities and 150 professionals in an annual Case Competition and Conference which run parallel to each other. In 2014, the Competition attracted 250 competing teams comprised of 947 Undergraduate and Graduate students from top schools across North America with the finalists competing in the Final Round in January 2014 in front of over 300 students and 150 professionals attending the Conference. With the assistance of a committed Board of senior finance professionals, NIBC has become one of the most comprehensive and interactive investment banking events catered to students in North America and serves as one of the best opportunities to learn about investment banking and the capital markets.

nibc.ca

Organizing Team Chris Wong (Director, Competition)

Nicole Dee (Director, Case Development)

Leanne Li (Director, Conference)

Juliet Zhu (Director, Marketing)

Sandra Woo (Director, Media)

Clarabel Luk (Director, Internal)

Hovy Qiu (Associate, Competition)

Soroush Karimzadeh (Associate, Case Development)

Jennifer Jordache (Associate, Case Development)

Karsten Lee (Associate, Marketing)

Nicole Ponto (Associate, Marketing)

General Board Members

Tracey McVicar (Managing Partner, CAI Private Equity)

Kathy Butler (Managing Director, CIBC World Markets)

Chris Tsoromocos (Vice-President, Stern Partners)

Harry Pokrandt (Managing Director, Macquarie Capital)

Rizvan Dhalla (Managing Director, Morgan Stanley)

Jordan Anderson (Assistant Portfolio Manager, bcIMC)

Scott Powell (President, MDA Training)

Case Committee Philip Chua (Associate, Macquarie Capital)

Michael Scott (Vice President, RBC Capital Markets)

Gint Austrins (Equity Analyst, Global Securities)

Amardeep Chandi (Associate, KKR)

Martin Haakonsen (Analyst, TD Securities)

Jacky So (Analyst, Barclays)

Brenden Lee (Analyst, Evercore Partners)

David Lam (Analyst, Macquarie Capital)

Contact Information

The NIBC Organizing Team would like to thank you for your interest in NIBC 2015. For further enquiries, please feel free to contact:

Chris Wong | Director, Competition | 604.961.2203 | [email protected] Qiu | Associate, Competition | 778.668.2668 | [email protected]

About NIBC