Columbia Business School

Executive Education
Armstrong Hall, 4th Floor
2880 Broadway
New York, NY 10025
T. +1 212-854-3395
[email protected]

Your Value Investing Cohort:

12/4/2018 to 12/6/2018

At Columbia Business School Executive Education, you'll not only learn from - and connect
with - the program faculty, but also your fellow executives in the classroom. This document
provides you with a topline overview and contact information of your program cohort.

Total participants: 44
Countries represented: 19
Industries represented: 18
Companies/Organizations represented: 34

Companies & Organizations Represented

Aberdeen Standard Investments Nighthawk Capital
Agility Onyx Equity Management
Ahonui Group OOCL
Akamai Technologies PepsiCo
April Capital Profuturo AFP
BDA Public Investment Fund
Capital Market Authority QUATRINVEST
Coach Redstar International Limited
Coty Inc. S.I. Mogul & Co.
Empiricus Saratoga Research &
Green Square Capital Investment Management
Grupo Energeticos Soprano
Hassana investment company Strategic Wealth Partners
Investor Sura Asset Management
Mayarya Thomas Story and Son LLC
Merrill Lynch Turim Family Office
MittelstandPartners Øgreid AS
Nash Advisory
Certificate of Business Excellence recipients and the
programs they took to complete their 18-day journey:
Cesar Cadena:
Leadership Essentials: 9/8/2008 to 9/9/2008
Strategic Intuition: 9/10/2008 to 9/11/2008
Leading Strategic Growth and Change: 10/27/2014 to 10/31/2014
Family Wealth Management: 5/4/2015 to 5/7/2015
Brand Leadership: 11/2/2015 to 11/4/2015
Digital Marketing Strategy: 6/13/2016 to 6/15/2016
Digital Business Strategy: 9/26/2016 to 9/28/2016
Quantitative Intuition: 9/12/2017 to 9/14/2017
Neuroscience to Enhance Leadership Development: 6/13/2018 to 6/15/2018
Value Investing: 12/4/2018 to 12/6/2018

Learn about Certificate of Business Excellence at GSB-Certificates.com

 Countries Represented by Place of Business
Argentina, 2%
Australia, 2% Hong Kong, 5%

Brazil, 16%
United States of
America, 25%

Chile, 2%

China, 5%

Colombia, 2%
Germany, 2% United Kingdom,
India, 2% 5%
Kenya, 2% Switzerland, 2%
Kuwait, 2%
Mexico, 2% Saudi Arabia,
Norway, 7% Russian 11%
Peru, 2%
Federation, 2%

Countries Represented by Place of Birth

Argentina, 2%
United States of Australia, 2%
America, 20%
Brazil, 16%

United Kingdom, Chile, 2%

5%
China, 5%

Colombia, 2%
Saudi Arabia, Germany, 2%
11%
Hong Kong, 2%
Russian
Federation, 2% India, 7%
Indonesia, 2%
Peru, 2% Kenya, 2%
Puerto Rico, 2%
Mexico, 2%
Norway, 7% Kuwait, 2%
 Years of Management Experience
20+, 7%
<1, 19%
16-20, 9%

11-15, 12%
1-3, 12%

6-10, 21%
4-5, 21%

Industry
Luxury Goods, 4%
Retail & Wholesale, 4%
Cosmetics, 4% Consulting, 4%

Investment Banking, 4%
Manufacturing, 8%

Management Consulting, 4% Other, 12%

Other Consulting,
12%
Finance, 8%

Investment Management, 4%

Government, 8%
Internet/Information
Technology, 4%
IT/Technology, 4%
Diversified Financial Services,
4% Shipping & Transportation,
4% Energy/Resources, 4% Other Shipping & Transportation, 4%
Your Program Cohort

Company Description: The Capital Market Authority's ("CMA") functions are to regulate and
develop the Saudi Arabian Capital Market by issuing required rules and regulations for
implementing the provisions of Capital Market Law. The basic objectives are to create an
appropriate investment environment, boost confidence, and reinforce transparency and
disclosure standards in all listed companies, and moreover to protect the investors and
dealers from illegal acts in the market.

Function: Finance / Accounting

Mohammad Alfaadhel
Head, Foreign Investment at Industry: Government
Capital Market Authority
Riyadh Current Role and Responsibilities: Mohammad Is the head of Foreign Investments in the
Saudi Arabia Capital Market Authority, he leads a team responsible for developing policies and
[email protected] regulations related to foreign investments in the Saudi capital market, their responsibilities
www.cma.org.sa include addressing foreign investors inquiries and requests as well.

Company Description: Quatrinvest is an asset management firm based in Brazil and with a
focus on Brazilian public equities and global asset allocation.

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: I am currently an equity analyst looking at Energy,

Utilities, Capital goods and Real Estate sectors in Brazil.
Filipe Alfer
Analyst at QUATRINVEST
Sao Paulo
Brazil
[email protected]
www.quatrinvest.com.br
 Company Description: Hassana investment company is the investment arm for the Saudi
pension plan. The company invests in multi assets strategies with focus in long term capital
appreciation.

Function: Finance / Accounting

Industry: Investment Management

Current Role and Responsibilities: I work as an equity portfolio manager overlooking the
Ahmad Alhumaidan
GCC markets. My role is identify investment opportunity with strong long term prospects to
Senior Analyst at Hassana
be added to the portfolio as well as optimizing portfolio holding to ensure efficient
investment company
allocation.
Riyadh
Saudi Arabia
[email protected]

Company Description: the Public Investment Fund is one of the world's largest sovereign
wealth funds, it has been a leading economic player and has contributed to the development
of national investment entities constituting the foundation for overall development, while
contributing to the establishment of many of the largest companies in Saudi Arabia.
Established in 1971 by virtue of Royal Decree No. M/24, the PIF has throughout the years
financed many key projects and companies and provided financial support to projects of
strategic importance to the national economy

Function: Other
Arwa Alowfi
Financial Analyst at Public
Industry: Investment Management
Investment Fund
Riyadh
Current Role and Responsibilities: As a financial analyst, I am responsible for analyzing
Saudi Arabia
financial information of projects and investments across several sectors such as Digital,
[email protected]
WWW.PIF.GOV.SA Healthcare, and Maritime Logistics. I also prepare in-depth financial modeling to evaluate
investments in projects and companies as well as preparing and presenting investment
thesis to management with suggested recommendations based on analysis and information
collected from market research and industry experts
 Company Description: Not provided

Function: General Management

Industry: Investment Management

Current Role and Responsibilities: Not provided

Mansour Alqarawi
Analayst at Public Investment Fund
Riyadh
Saudi Arabia
[email protected]
WWW.PIF.GOV.SA

Company Description: Not provided

Function: Finance/ Accounting

Industry: Government

Current Role and Responsibilities: Not provided

Nouf Alsheikh
Investment Products Specialist at
Capital Market Authority
Riyadh
Saudi Arabia
[email protected]
www.cma.org.sa
 Company Description: Empiricus Research is a publishing business focused on bringing
investment insights and recommendations to Brazilian individual investors. We currently
have 210K paid subscribers.

Function: Finance/ Accounting

Industry: - Diversified Financial Services

Current Role and Responsibilities: As a co-CEO, I am responsible for all the departments
with shared services, such as Finance, HR, IT and Regulation. Also, approximately 25% of
my working time is still dedicated to research and investment recommendations.
Rodolfo Amstalden
VP Finance at Empiricus Research
São Paulo
Brazil
[email protected]
Av Brigadeiro Faria Lima, 3477 - 10th floor

Company Description: SURA Asset Management is a subsidiary company of Grupo SURA

and a leader in pensions specializing in life annuities and investment funds. When measured
in assets, the Company is the largest administrator of non-banking assets in Latin America,
closely related to the pension business, where it is in first place with a market share of over
23%, a total of USD 112.8 billion in assets managed and 17.3 million clients.

In 2011 Grupo SURA acquired ING’s assets in pensions, life insurance and investment fund
businesses in Chile, Colombia, Mexico, Peru and Uruguay. This transaction, worth USD 3.6
billion, was completed on December 29, 2011.
Felipe Asenjo
head of equities at Sura Asset Function: General Management
Management
Santiago Industry: Investment Management
Chile
[email protected]
Current Role and Responsibilities: As a Regional Head of Equities, I built and designed a
https://www.sura-am.com/es
Pacific Alliance franchise, giving a uniform investment management framework for the long-
only equity funds invested in the region. Oversee the strategy of local equity funds listed in
Chile, Peru, Colombia and Mexico; making analysis and investment decisions (AUM USD
380M at the end of 2017). Portfolio manager of the Sura Pacific Alliance fund, long-only
institutional fund listed in a foreign market (AUM USD 30M).
 Company Description: Profuturo is a Peruvian pension fund with approximately US$ 12.2
billion in assets under management as of October, 2018.

Function: Finance/ Accounting

Industry: Investment Management

Jose Block
Head of Research at Profuturo AFP Current Role and Responsibilities: I joined Profuturo in 2017 as Head of Research. I am
Lima one of the leaders for the security selection process of different asset classes including
Peru equities, corporate bonds, mutual funds and alternative investments.
[email protected]
www.profuturo.com.pe

Company Description: April Capital is a boutique asset manager managing various mutual
funds and discretionary client accounts, as well as having its own private equity arm.

Function: General Management

Industry: Investment Management

Current Role and Responsibilities: I am an Executive Director managing private equity and
venture businesses of the Firm.
Andrey Bogdanov
Executive Vice President at April
Capital
Moscow
Russian Federation
[email protected]
www.april-capital.ru

Company Description: Not provided

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: Not provided

Andy Brown
Investment Director at Aberdeen
Standard Investments
Edinburgh
United Kingdom
[email protected]
www.aberdeenstandard.com
 Company Description: Mittelstand I Partners is a consulting firm specialized in
performance improvement and restructuring situations for private equity and family
businesses.

Function: Finance/ Accounting

Industry: Management Consulting

Current Role and Responsibilities: Equity Partner

Jürgen Bruns
Partner CFO at
MittelstandPartners
Rheda-Wd
Germany
[email protected]
www.mittelstandpartners.de

Company Description: Grupo Energeticos’s business is the distribution and marketing of

many fuel products and petrochemicals. To gain competitive advantages we have
developed several platforms to enhance the interaction with our customers.

Function: General Management

Industry: Energy/Resources

Cesar Cadena Current Role and Responsibilities: I am the CEO of the company, responsible for the
COO at Grupo Energeticos management & operations of our five main companies and 1100 employees.
Monterrey, Nl
Mexico
[email protected]
www.grupoenergeticos.com
 Company Description: I manage investable assets for our family office.

Function: Administrative

Industry: Investment Management

Current Role and Responsibilities: Asset allocation, identifying investment opportunities.

Ray Celedinas
President CEO at Investor
Palm Beach Gardens, FL
United States of America
[email protected]
www.celedinas.com

Company Description: Investment management of family assets

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: Investment manager

Michael Cleveland
President at Ahonui Group
Mckinney, TX
United States of America
[email protected]
Ahonuigroup.com
 Company Description: Akamai works in the internet connectivity and web security space.
Its products focus on protecting the world’s largest websites and help them scale across
the globe.

Function: Sales

Industry: Internet/Information Technology

Current Role and Responsibilities: At Akamai, I am a lead consultant working with Fortune
James Conigliaro
500 businesses. I also help manage a consulting division of 60 people.
Customer Success Manager at
Akamai Technologies
Whitestone, NY
United States of America
[email protected]
www.akamai.com

Company Description: Not provided

Function: Finance/ Accounting

Industry: - Investment Banking

Current Role and Responsibilities: Not provided

Lucas Couper
Director at Nash Advisory
Melbourne
Australia
[email protected]
www.nashadvisory.com.au

Company Description: Not provided

Function: Other

Industry: Investment Management

Current Role and Responsibilities: Not provided

Cesar Cuervo
HEAD OF RESEARCH at Sura
Asset Management
Medellin, Colombia
[email protected]
https://www.sura-am.com/es
 Company Description: Managing Private Capital

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: Founder

Constantine Gonticas
Director at Green Square Capital
London
United Kingdom
[email protected]
www.grsquare.com

Company Description:

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities:

Gurumoorthi
Gunasekaran
Fund Manager at Nighthawk
Capital
Boston, MA
United States of America
[email protected]
nighthawkcap.com
 Company Description: Agility is a worldwide logistics and freight forwarding company - we
have a presence in 500 offices across 100 countries, and we have over 20,000 employees
under the Agility umbrella.
The bulk of our business comes from Global Integrated Logistics. Their value chain covers
ocean, air, and road freight, along with warehousing. The clients span the largest multi-
national corporations to regional heavyweights who ship their supplies and products as
freight.
Agility also has several subsidiaries, which we call the Infrastructure companies, and these
are companies like National Aviation services, and Global clearing systems for customs.
Most recently, Agility has launched an offering for SME's, to handle all of the shipping needs
for enabling this segment to reach the global market.
Lamia Hayat
Assistant Manager at Agility
Function: Finance / Accounting
Kuwait
Kuwait
[email protected]
Industry: Shipping & Transportation

Current Role and Responsibilities: I am part of the Corporate Venture Capital team at
Agility. The team’s mandate two-fold: First, to identify disruptive technology innovations in
the logistics sector and to structure ways of working with technology-driven start-ups
through direct equity investments, JV’s, and acquisitions. Secondly, we work to drive Digital
Transformation within the enterprise by working on strategic projects related to digitization
and investing in business models that can enhance our value chain.

Company Description: Not provided

Function: Not provided

Industry: Not provided

Current Role and Responsibilities: Not provided

Charlotte Hummel
Marketing Manager at Paradigm Capital
AG

[email protected]
 Company Description: Family office, combination of real estate, shipping, listed and non
listed investments

Function: Finance / Accounting

Industry: Other

Current Role and Responsibilities: CFO

Eirik Iversen
Investments
CFO at Øgreid AS
Budgets
Stavanger
Accounting
Norway
[email protected]
N/A

Company Description: PepsiCo is a leading global food and beverage company with a
complementary portfolio of enjoyable brands, including Frito-
Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. Through our operations, authorized
bottlers, contract manufacturers and other third parties, we make, market, distribute and
sell a wide variety of convenient and enjoyable beverages, foods and snacks, serving
customers and consumers in more than 200 countries and territories.

Function: Operations
Santiago Lopez Godoy
Productivity Sr. Manager at Industry: Manufacturing
PepsiCo
Munro, Buenos Aires, NY Current Role and Responsibilities: Responsible for the Strategic Business Planning of the
Argentina Operations function in the LatAm region and for leading the productivity project & portfolio
[email protected]
management for all functions in the region, along with the performance metrics program
www.pepsico.com
across the value chain.

Company Description: Not provided

Function: Finance/ Accounting

Industry: Other

Current Role and Responsibilities: Not provided

Eirik Mathisen
Research Analyst at Øgreid AS
Stavanger
Norway
[email protected]
N/A
 Company Description:

Function: Sales

Industry: Cosmetics

Current Role and Responsibilities:

Rodolfo Matos
Head of Sales - Luxury Exports at
Coty Inc.
Petit-Lancy
Switzerland
[email protected]
www.coty.com

Company Description: SaratogaRIM is a boutique RIA that manages separately managed

accounts, sub-advises a '40 Act mutual fund and provides research for select UMA
platforms. SaratogaRIM is a long-only, public equity manager with approximately $2.2B in
AUM primarily under our flagship Large Cap Quality approach and our newer cash-
constrained Focus version of the strategy.

Function: Research and Development

Industry: Investment Management

Robert Meng
Current Role and Responsibilities: I am an analyst, portfolio manager and member of the
Analyst and Portfolio Manager at
firm's investment committee. I am a co-portfolio manager for the firm's equity strategies
Saratoga Research and Investment
and have primary research, security selection and trading responsibilities for the capital
Management
markets, diversified financial services, IT services and hotels, restaurants & leisure portions
Saratoga, California
of the portfolios.
United States of America
[email protected]
WWW.SARATOGARIM.COM
 Company Description: Soprano's main business is to provide hardware and electrical
material for construction Business directly to in Latin America, mainly in Brazil.

Function: Other

Industry: IT/Technology

Current Role and Responsibilities: Currently I'm a board director of our family owned
business.

Leonardo Miotti
director at Soprano
Farroupilha, FL
Brazil
[email protected]
www.soprano.com.br

Company Description: Empiricus is the biggest Brazilian independent research house, with
more than 220 k subscribers

Function: Research and Development

Industry: Finance

Current Role and Responsibilities: I am the CEO of the Company

Felipe Miranda
CEO at Empiricus
Sao Paulo
Brazil
[email protected]
www.empiricus.com.br
 Company Description: Chartered Accountants providing services in the areas of auditing,
assurances, taxation, management consulting and financial advisory, including valuations.

Function: Finance/ Accounting

Industry: Consulting

Current Role and Responsibilities: Partner & CFO handling audits, assurance, taxation,
management consulting, financial advisory, carrying out valuations for the clients of the
firm; managing investments, financial and compliance matters of the firm.

Samir Mogul
Partner & CFO at S.I. Mogul & Co.
Mumbai, Maharashtra
India
[email protected]
simogul.com

Company Description: Not Provided

Function: Other

Industry: Other

Current Role and Responsibilities: Not Provided

Halvor Øgreid
Managing Director at Øgreid AS
Stavanger, Norway
[email protected]
N/A
 Company Description: Saratoga Research & Investment Management, founded in 1995, is
a RIA specializing in constructing and managing equity portfolios comprised of high caliber
businesses utilizing common sense investment principles for individual and institutional
investors. Our investment process has been designed to meet the needs of conservative,
long-term investors. Today the firm manages approximately $2.2 billion for high-net-worth
individuals, retirement accounts, trusts, endowments, religious institutions and
foundations.

Function: Finance/ Accounting

Industry: Investment Management

Joseph Pollard Current Role and Responsibilities: Healthcare Portfolio Manager.

Analyst & Portfolio Manager at
Saratoga Research & Investment
Management
Saratoga, CA
United States of America
[email protected]
saratogarim.com

Company Description: Onyx Equity Management is an investment firm focused on public

equity investments in Latin American companies. It manages capital from institutional
clients mostly from the U.S., investing with a long-term horizon through a research-
intensive process, searching for investment opportunities of undervalued assets with a
quality bias.

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: I am an equity research analyst responsible for the
coverage of several Brazilian and Mexican companies. My responsibility is to conduct a
Marcelo Pugliese complete research process of an investment opportunity, to be presented to the investment
Research Analyst at Onyx Equity committee for discussion and an eventual action.
Management
Sao Paulo
Brazil
[email protected]
www.onyxem.com
 Company Description: Turim is the largest independent multi-family office in Brazil -
managing approximately US$ 5 billion on behalf of 62 Brazilian families. We were born in
2001 and have invested outside Brazil since day one. Today, we have investments in
different asset classes (including Equities, Fixed Income, Macro Hedge Funds, Private
Equity, Venture Capital, Credit Hedge Funds etc) in many regions of the globe. We have
offices in São Paulo (BR), Rio de Janeiro (BR) and London (UK).

Function: Finance/ Accounting

Industry: Investment Management

Pedro Ribeiro
Current Role and Responsibilities: As equity research/allocation analyst, I divide my time
Analyst at Turim Family Office
between analysis of the companies invested by Turim (public equities and some private co-
São Paulo
investment opportunities) and Fund Of Funds & asset allocation discussions, once I’m part
Brazil
[email protected]
of the investment committee. I’m at this position for almost 4 years now.
www.turimbr.com

Company Description: SaratogaRIM is a registered investment advisor that specialized in

large cap equity investments.

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: I am a portfolio manager that manages the firm's
industrial stock portfolio as well as our strategic income strategy.
Adam Sato
Portfolio Manager at SaratogaRIM
Saratoga, CA
United States of America
[email protected]
www.saratogarim.com
 Company Description: Mayarya is founded by my wife and me and we are Asia’s top
maternity fashion e-commerce site.

Function: Other

Industry: Luxury Goods

Current Role and Responsibilities: I am the CEO and responsible for business
development and most macro responsibilities.

Sid Shetty
Ceo at Mayarya
Hong Kong
Hong Kong
[email protected]
www.mayarya.com

Company Description: Personal Investment

Function: Engineering

Industry: Manufacturing

Current Role and Responsibilities: Owner

Anton Soedjarwo
Personal Invesment
New York, NY
United States of America
[email protected]
PMI
 Company Description: Thomas Story and Son, LLC is an investment management firm
based in Plymouth, IN with $250 mil in assets under management serving individuals and
multi-generational families across personal, IRAs as well as trust accounts. Creates
customized portfolios based on long-term objectives utilizing mainly equity investments.

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: • Directly responsible for $200 million in client assets
under management.
• Consults with clients about financial goals, tax preparation as well as wealth and estate
planning to develop long term investment plans.
David Story • Manages all investment selection, trading, research and budgeting within firm.
Investment Manager - Principal at
Thomas Story and Son LLC
Plymouth, Indiana
United States of America
[email protected]
N/A

Company Description: Not Provided

Function: Finance/ Accounting

Industry: Investment Management

Current Role and Responsibilities: Not Provided

Mark Tepper
President at Strategic Wealth
Partners
Independence, OH
United States of America
[email protected]
www.swpconnect.com
 Company Description: Not Provided

Function: General Management

Industry: Other Shipping & Transportation

Current Role and Responsibilities: Not Provided

Pamela Tung
Special Assistant to CEO (Director)
at OOCL
Hong Kong
Hong Kong
[email protected]
www.oocl.com

Company Description: Not Provided

Function: Finance/ Accounting

Industry: Other Consulting

Current Role and Responsibilities: Not Provided

Yan Wang
Consulting Manager at BDA
Beijing
China
[email protected]
http://bda.com/

Company Description: Merrill Lynch, a Bank of America subsidiary, provides wide-ranging

financial solutions for individual and institutional clients around the globe.

Function: Finance/ Accounting

Industry: Finance

Current Role and Responsibilities: I'm an advisor on a wealth-management team with

responsibility for co-managing value-oriented portfolios.
Brendan Wood
Advisor at Merrill Lynch
Springfield, NJ
United States of America
[email protected]
www.ml.com
 Company Description: Not Provided

Function: General Management

Industry: Retail & Wholesale

Current Role and Responsibilities: Not Provided

Norberto Zaiet Junior

CEO at Pine
Sao Paulo, NY
Brazil
[email protected]
www.coach.com

Company Description: BDA is an investment advisory firm based in Beijing, China. We

provide due diligence and fundamental research services to VC/PE and hedge funds.

Function: General Management

Industry: Other Consulting

Current Role and Responsibilities: As a consulting manager, my role is to lead the teams
to conduct due diligence or fundamental research for our clients
Richard Zhang
Manager at BDA
Beijing
China
[email protected]
http://bda.com/