Last December I submitted a research report on the British software company Micro Focus—a holding of Andvari clients since late 2015—to SumZero’s “Top Stocks for 2017” contest. Given the company’s recent transformational deal to acquire Hewlett Packard Enterprise’s software division, the contest was the perfect opportunity to update my research and present the Micro Focus investment case to an esteemed community of colleagues.

There were five categories in the contest that would each have one winner and two runners-up. A panel of 27 judges, ranging from senior managers at hedge funds to representatives of multi-billion-dollar endowment funds, independently reviewed and voted on over 150 submissions. Four criteria were used to select the winners and runners-up:

  • Validity of the Thesis;
  • Strength of the Supporting Argument;
  • Feasibility of the Trade; and
  • Originality.

I am extremely happy that my report was chosen as the winner for the “Mid/Large Cap” category! It is truly special when a group of highly-accomplished fellow professionals recognizes the quality of your work.

I am also proud to have been a member of SumZero since 2010. SumZero is the world’s largest community of investment professionals working at hedge funds, mutual funds, and private equity funds. With more than 12,000 pre-screened professionals collaborating on a fully-transparent platform, SumZero has fostered the sharing of many thousands of proprietary investment reports.


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