Arthur M. Blank School
The Blank School engages Babson community members and leads research to create entrepreneurial leaders.
The Babson College Fund (BCF) is an accredited course in which specially selected students from both the undergraduate and graduate schools to manage $5 million of the Babson College endowment. The program is for highly self-motivated individuals with a strong interest in finance and investments. Participation requires a two-semester commitment.
The program seeks to provide a rich educational experience through the development of investment research skills and the acquisition of portfolio management experience. These skills and experience are highly valued by employers in the investments industry.
The investment objective of the Babson College Fund is to outperform the S&P 500 Index. Managers conduct extensive fundamental and quantitative research to identify stocks that are attractively priced at their current market value. Selected stocks are then combined in a diversified portfolio. The managers monitor the fund's performance and sources of risk, aiming to keep risk and tracking error within allowable bounds. Managers budget the allowable risk to the active positions expected to add the most value.
The sector teams are responsible for one or more of the Global Industry Classification System (GICS) sectors. The sectors are grouped as follows:
2021 Calendar Year Performance:
Babson College Fund Portfolio: 27.2%
S&P 500 Index: 28.7%
Top 3 Contributors to Relative Performance:
2020 Performance:
Babson College Fund Portfolio: 28%
S&P 500 Index: 18%
Top 3 Contributors to Relative Performance:
Eligible Students
Watch an overview of the BCF program from Program Director Patrick Gregory, CFA.
Review our Frequently Asked Questions to clarify any questions about the application process. Please email Leslie Romiza, Cutler Center Program Manager with any questions about the program or application process.
BCF Summer 2022 Application Packet
All materials are due at MIDNIGHT on Friday, July 8, 2022. Interviews will take place the week of July 25, 2022. Decisions will be communicated with accepted students in early August.
Our current Babson College Fund Managers are self-motivated students with a demonstrated interest in investments, and a willingness to dedicate the requisite time and effort needed to succeed.
Lucas Brown
Juliana Bonilla-Rojas
Andrea Torres
Hampton Boyd
Peter D'Ambrosio
Aaron Alden
Darsh Parekh
Xavier Raju
Andre Henson-Schnee
Caleb Giess
Chris Coutsoukis
Sarah Daume
Sophia Knopp
Prasaninder Kholi
Nicholas Michaud
Pavan Anandani
Ryan Watts
Ziaullah Anwari
Parth Pusegaonkar
Ayussh Ahuja
Corey O'Neill
Arya Patel
Burton Gesner
Bridget Handley
Joyce Wang
Our faculty, advisors, and mentors are industry professionals who generously volunteer their time and energy to enrich the educational experience for the students through mentorship.
Pratima is a retired fund manager with experience at Fidelity Investments as Director of Research and member of an equity team managing assets of high net worth families and charitable entities.
Matt is a former Executive Portfolio Manager of the Babson College Fund. His professional career has been spent in several roles at Fidelity Investments, most recently as an Investment Data Analyst for Strategic Advisers.
Paurav is a former Materials/Energy analyst for the Babson College Fund. He has experience as a research analyst specializing in Renewable energy and Basic materials. Paurav currently works as an analyst in the research division of Ellisville Harbour Partners.
Brittany has experience in investment product development, asset manager selection, and investment oversight of performance and risk across retail, institutional, and retirement business globally at John Hancock.
Jack has over 30 years of experience in managing, budgeting, evaluating, and utilizing information products, market data services, and third-party research services for investment management, banking, and consulting enterprises.
Lilia is a former member of the Quant team and was Executive Portfolio Manager of the Babson College Fund. Lilia has several years of experience in Asset Management, currently an Investment Strategy Analyst at Wellington Management.
Hugh has deep knowledge of global multi-asset class research techniques with expertise in quantitative research, building and managing portfolios, and investment technologies. He is a member of the CFA Society Boston’s Board of Directors.
Richard co-manages the firm’s internally managed fundamental equity strategies and heads the firm’s equity research efforts. His prior equity research experience includes sell-side research within the technology sector, and buy-side research covering technology, energy, industrials, materials, and utilities, and managing a technology sector fund.
Patrick Gregory, CFA is the Managing Director of the Stephen D. Cutler Center for Investments and Finance, the Director of the Babson College Fund, and a Senior Lecturer in the Finance Division at Babson College. Before joining the faculty, Patrick was an institutional portfolio manager at FM Global from 2007-2015, where he managed the Healthcare, Internet, and Telecom sectors of a $6 billion equity portfolio. He was also responsible for the evaluation, selection, and ongoing evaluation of third-party investment managers.
John was a mutual fund manager at Fidelity Investments for many years, spending much of his career managing the firm’s international funds. He then launched an international long/short hedge fund that he later sold in 2007.
Adam has 20 years of experience in asset management/ownership as a research analyst, client-facing portfolio manager, and allocator across a $16.5B portfolio of global equities, fixed income, and absolute return investments.
Colleen has over ten years experience in the finance industry, having spent time at Brown Brothers & Harriman and Eaton Vance prior to her current role as Director of Research and Portfolio Manager at Penobscot Investment Management Company.
George is a former Materials/Energy analyst for the Babson College Fund. While at Babson, George launched Ellisville Harbour Partners, a global, concentrated strategy investing in companies with emerging technologies in frontier markets.
Jim has over 25 years of experience in investment management with expertise covering specialty chemicals. He is the former CIO of Cambridge Trust Company. Institutional Investor Magazine named Jim a member of its All American Research Team for eight years.
Holland has extensive experience as a research analyst and portfolio management for long/short equity funds, with expertise in technology, energy, and natural resource sectors.
Throughout the semester, alumni and industry professionals are welcomed into the classroom to share their insights and experiences within the investment management space.
Mohnish Pabrai is the managing partner of Pabrai Investment Funds which he started in 1999 with $1 million. The company has ballooned to $469 million due to its Munger/Buffett-focused value investing style. He is now extensively involved in philanthropy with the Dakshana Foundation where he provides educational opportunities for gifted but underprivileged children worldwide.
Dave Lundgren is a 30-year investment industry veteran focused on technical analysis strategies, particularly momentum and trend following. He has held both analyst and portfolio manager positions at several major investment firms, including Wellington Management, Fidelity Investments, and Thomson Financial. In addition, David has started several research and investment firms, including Lundgren Financial Services, Breakaway Research, and hedge fund Lyceum Capital.
Dennis Hong started his own hedge fund right out of business school and has grown his fund to over $500 million assets under management. He’s also seen superior returns investing in global technology companies.
Patrick Gregory, senior lecturer and managing director of the Stephen D. Cutler Center for Investments and Finance, uses his experience working in the finance industry and in the classroom to create a more dynamic student experience.
As part of the Babson College Fund, students commit two semesters to develop their investment research skills while managing a portion of the College's endowment. While presenting a stock pitch in class is common, pitching to legendary investor Peter Lynch is a rare opportunity.
In 2020, the Babson College Fund produced a 28% return on investment, outperforming the S&P by 1,059 basis points. Based on Morningstar data, the students' performance would place in the 99th percentile of large-cap blend managers.
In February 2021, Babson’s Board of Trustees voted to integrate ESG (environmental, social, and governance) factors—a growing form of investing that essentially takes a broader view of a company beyond just its profitability—while making investment decisions for its endowment.
Financial support of the Babson College Fund is critical and allows us to provide students with a unique opportunity to learn, build valuable skills, and lead outside of the classroom from industry professionals.
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