TIDE November Newsletter

Happy November! Two more months and 2020 will be O-V-E-R. What a year, right? Well, let's make the most out of the days we have left and rock it...

Speaking of Rockin' It - Rock the Vote! Hopefully by the time you read this, you've already voted. If not, stop whatever it is that you're doing and vote now. Your vote, your voice.

The Yale Model From WSJ to Tech Crunch, many journalists covered the story of how Yale’s Chief Investment Officer David Swensen has publicly instructed the firms who manage the University’s endowment to diversify their ranks — or risk Yale pulling its money from them. If you haven't read any of the articles, here's the WSJ article. Check out the official letter here.

Investors Overseeing $3 Trillion Push for Board Racial Diversity The Diversity Disclosure Initiative, headed by Illinois State Treasurer Michael Frerichs and Connecticut State Treasurer Shawn Wooden, is pressing companies in the Russell 3000 Index to voluntarily reveal the racial and ethnic composition of their boards. Many of the members of the new group already have or are considering policies to vote against the members of nominating committees that don’t report board racial or ethnic makeup in their annual proxy statements. Check out the Bloomberg article here.

Ps. Stay tuned for Treasurer Wooden's TIDE Ten feature. :)

TIDE Ten Episodes We have two for you! One featuring Rebecca Chia & Chhayhea Sam. The other features Kenny McRay & Rod June. Links to TIDE Ten in section below.

Finding Opportunities In Latin America's Corporate Sector Charina Amunategui of MUFG Investor Services recently published an article on Forbes which highlights the opportunities in Latin America. Check out the article here.

A Path Forward Wellington Management’s Managing Partners - Brendan Swords, Jean Hynes and Steve Klar - share their thoughts on the issues of racial injustice that so many around the US and the rest of the world are wrestling with today. They discuss the firm’s commitment to tangible action — a path forward that is deeply rooted in the firm’s shared values and a desire for real and lasting progress. Originally published in June 2020, read the message from Wellington in The Path Forward.

Press Coverage The Fireside Chat with Grace and Scott Chan (Deputy CIO of CalSTRS) at the Sohn Conference Foundation - Excellence in Investing for Children's Causes Foundation was featured in ValueWalk!

Check it out... A special video discussing D&I was produced by StoneX Group and StoneX Prime Brokerage. The video featured Grace alongside Allan Houston (former NBA Player), Fernando Vinzons (Cook County) and Bahiyah Robinson (VC Include).

Perspectives on Social Impact, Diversity & Inclusion

Non-Profit Highlight of the Month... We're very excited to announce that Grace was recently appointed as a Director of the non-profit organization Asia America MultiTechnology Association (AAMA). Having worked with AAMA Board Members Jay Eum, David Lam and Jason Lin in another non-profit organization, Grace accepted the post to help the organization deliver a digital experience to the tech community. If you invest in tech, then you definitely need to check out AAMA.

AAMA is THE premier source for anything and everything related to business tech ventures from Silicon Valley all the way to the Asia-Pacific region (and the global economy in between). Visit: www.aamasv.com. Sign up for the AAMA newsletter to be in the know. For sponsorship information, email grace@aamasv.com.

How are you celebrating Thanksgiving this month?

Staying home.

Select

Visiting family.

Select

Open to suggestions.

Select

TIDE Ten Series

The industry's best kept secret! Want to be in the know? Watch the insightful TIDE Ten interviews of industry professionals. Get the inside scoop before reaching out to these movers and shakers. You're welcome. :)

Kenny McRay

& Rod June

Link

Rebecca Chia

& Chhayhea Sam

Link

To access prior episodes, please click on the button below.

TIDE Ten Episodes

Sponsorship opportunities: e-mail shelby@tidexchange.com

Speaking opportunities: e-mail grace@tidexchange.com

Job Opportunities

Investment Associate (Pre MBA) – Aurum Partners LLC, Santa Clara, CA

POSITION: Investments Associate, Pre-MBA

Aurum Partners LLC, is a family office fund affiliated with the owners of the San Francisco 49ers, looking to invest in all asset classes across the capital structure in both the public and private markets. In the private markets, the focus is on early stage and growth equity investment and co-investment opportunities in sports, technology and adjacent markets where the fund’s portfolio companies can leverage the 49ers access and network to help drive product adoption and accelerate growth. Aurum Partners take a long-term view on all its direct investments, working closely with entrepreneurs to help build their businesses into market-leading companies.

LOCATION: Santa Clara, CA

TIMING: Immediate

CAREER PATH: This is a 2-3 year program. This position represents a unique opportunity to gain differentiated experience working for an entrepreneurial and dynamic private equity fund associated with the world’s preeminent professional sports franchise

RESPONSIBILITIES:

The Associate will be responsible for providing support to the partners in all aspects of potential and active investments. Main day-to-day responsibilities will involve performing financial analyses, pricing analyses, and conducting research and due diligence.

Financial modeling and valuation analyses
Conduct financial and business (e.g. industry analyses, competitive position, growth prospects) diligence and evaluate new product development and acquisitions
Compiling and writing investment memos and presentations
Participating in management calls, company meetings, industry conferences, etc.
Participating in investment committee meetings

QUALIFICATIONS:

2-3 years as an analyst at a top investment bank or VP/PE firm, preferably in Technology, Media or M&A
Very strong analytical skills including strong background in financial/operational modeling and valuation
Experience conducting company due diligence, research, interacting with management teams, etc.
Experience writing investment memos and investment presentations
Excellent attention to detail, strong work ethic, team player
Demonstrated strong interest in financial markets and sports industry
Strong academic background with Bachelor's Degree (or higher) from a top tier school

CONTACT:

If you meet the above qualifications, please email CIO Brano Perkovich with subject Investment Associate (Pre MBA) - TIDE.

Posted 10/07/2020

ICYMI

Events

Emerging Opportunities for Capital Deployment in Privates

November 10

Access Ventures and Augvest are co-hosting an event for allocators discussing Emerging Opportunities for Capital Deployment in Privates via Zoom on Tuesday, November 10 at 12 pm EST.

Discussions will be co-led by a member of one of the largest sovereign wealth funds and a member of the multi-family office of a major North American venture firm. Please RSVP by sending an email to team@accessventures.co.

2020 Women In Alternative Investments Virtual Career Forum

November 10-13

Join WAVE for our fourth annual forum to learn, engage and network with industry veterans across the spectrum of careers (buyout, VC, LP, placement agents, FOFs, distressed, real estate, private credit) and continue to expand the "pipeline" of talented women in our industry.

The headlines and studies are pervasive on the gender gap in the alternatives industry and the value of diversity. The WAVE Career Forum will provide a platform for young women to learn, engage and network with industry veterans while also efficiently helping employers solve the continued issue of finding qualified female candidates across all levels of experience within the alternatives industry.