Author: allanatoratachauer

Offseason Opportunities: Porter Veach

No. 4, Porter Veach, Ascendance Capital Partners

A senior from Winnetka, Illinois, Porter Veach worked in private equity this summer.

“This summer I worked at a private equity firm in downtown Chicago, called Ascendance Capital Partners. My responsibilities there included building financial models to underwrite new deals, writing up investment memorandum for the investment committee, and doing market research. A lot of investment bankers eventually graduate to private equity, so I was quite lucky to land a summer position at this firm.”

So how did the guard land this opportunity?

“I applied through Handshake, which is a great resource. Employers generally seem to love recruiting UChicago students, as they know we are not only bright, but can handle an intense workload.”

And what was Veach’s favorite part of the job?

“Overall, I’d say my favorite part of the job was building models. This was the most intellectually challenging activity I did, and I enjoyed the work I had to put into it.”

As for staying in shape for the year ahead, the Illinois-native was sure to do that too.

“This offseason, I was able to workout with some of my former high school teammates, who now play both college and professional basketball. It was a great way to stay in game shape, and get ready for the upcoming season ahead.”

 

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Offseason Opportunities: Mattia Colangelo

No. 32, Mattia Colangelo, London School of Economics

A sophomore from Toronto, Ontario, Mattia Colangelo had the opportunity to study in London this summer.

“I spent the month of August studying at the London School of Economics with my teammates Jordan Baum, Justin Jackson and Cole Schmitz, taking a summer school course. It was an unbelievable experience being abroad, between getting to take a class, seeing the sights and keeping up with basketball.”

So how does the guard feel like being a UChicago student helped to prepare him?

“The academic knowledge, combined with the study habits I learned during my first year at UChicago, were extremely helpful when it came to approaching my time in London.”

Colangelo was also sure to stay in shape, even while overseas.

“While in London, we were all able to get in work with NBA trainer Gary Maitland. This included both staying on top of our workouts and playing pick up games. We even got to play a few with some European professional players, which was amazing.”

And prior to heading abroad, the Toronto-native spent some time in Philadelphia.

For the first two months of summer, I was actually in Philadelphia with my dad. There, I was training, playing and overall getting to experience my father’s day-to-day work.

Offseason Opportunities: Cole Schmitz

No. 3, Cole Schmitz, London School of Economics

A sophomore from Madison, Wisconsin, Cole Schmitz traveled abroad to London this summer.

“The most exciting and integral part of my summer was spending nearly a month at the London School of Economics, taking a Micro Econ course for credit at UChicago. I was joined there by my teammates Jordan Baum, Mattia Colangelo and Justin Jackson. There, we were able to study, as well as work with NBA trainer Gary Maitland to get workouts in and run with the U18 British National team a bit.”

The swingman credits his time at UChicago for not only gaining this opportunity, but knowing how to make the most of it.

“I feel like being a student-athlete at UChicago has benefited me greatly this summer because it has taught me how to be disciplined, as well as how to manage my time to a T. Also, the alumni that I have been able to meet and connect with just in my first year at the university, has given me a glimpse of the impressive network that I will grow to be a bigger part of.”

Schmitz has made sure to work on his game this offseason, too.

“This summer, I’ve first and foremost kept in shape by working out at my high school. There, we had an open gym, so I was able to play with guys from my area who were also looking to keep developing their skill-sets. Also, being able to have access to both a trainer and a gym during my time in London was a huge benefit for us; we were all able to still get better physically, despite the busy academic schedules that we had while abroad.”

Offseason Opportunities: Jordan Baum

No. 24, Jordan Baum, FSA Sports Camp

A Sophomore from Deerfield, Illinois, Jordan Baum split his time in the States and abroad this summer.

“I spent this offseason as a counselor at FSA Sports Camp for the second year in a row. There, my main responsibility was coaching second graders in a variety of different sports, every day. I had to leave the job two weeks early however, because I spent the second part of my summer studying at the London School of Economics with teammates Mattia Colangelo, Justin Jackson and Cole Schmitz.”

So how did he come across these opportunities?

“I landed the job as a camp counselor because of past experiences with the owners of the camp. I love working with kids, and also knew it would be a good opportunity to build relationships through working at the same place for multiple years. In terms of studying abroad, I knew it would be a great chance to combine both studying and travel.”

And what has the guard enjoyed most?

“My favorite part of the job was the ability to have a big impact on a young child, day after day. It was really fun to see how some of the small things you can do as a counselor, can go such a long way with the kids.”

Baum definitely sees a connection between being a UChicago student and working at FSA as well.

“Being a UChicago student has helped my work ethic tremendously, and has made me realize that if you want to succeed in any aspect of life, you have to be willing to put in the work.”

But do not worry, the sophomore has been keeping up with his workouts too.

Offseason Opportunities: Jake Berhorst

No. 23, Jake Berhorst, Real Estate

A sophomore from Genoa City, Wisconsin, Jake Berhorst headed back home for the summer.

Offseason Opportunities: Collin Barthel

No. 2, Collin Barthel, Intern at BNP Paribas

A senior from Indianapolis, Indiana, Collin Barthel took his talents to New York City this summer.

“Currently, I’m working in Sales & Trading at BNP Paribas in New York City. My responsibilities there include daily market reports, specific sector research, and presenting trade ideas to the team.”

So how did the forward end up there?

“I landed this opportunity through a network of athletes from the University of Chicago. There were a couple of current and former football and baseball players that helped me get my foot in the door. And the bank itself has a great culture, with a good balance of excitement and competition, which seemed like a perfect fit for me.”

What does Barthel love most about the position?

“My favorite part of the job so far has been the fast paced environment, as well as generally just getting more exposure to the finance industry. I’ve truly enjoyed meeting everyone at the company too, and extending my business network to people I never thought I’d be able to meet.”

The senior certainly credits UChicago for allowing him to network within his field.

“Being a UChicago student has helped me tremendously in networking, and ultimately being able to meet with the right people. It has also taught me how important it is to study my craft so I can prepare for whatever may happen in my business career, down the line.”

But you better believe he is also preparing for the 2017-18 season.

“Although I’ve been rather busy with my internship this summer, I still made sure to join a gym out in NYC in order to stay in shape for the upcoming season. My teammates and I are all really excited to get back and start things up again.”

Offseason Opportunities: Justin Jackson

A junior from Marietta, Georgia, Justin Jackson spent the first part of his summer as a public service intern.
“Earlier this offseason, I worked with the city of Chicago in the department of buildings as a public service intern. Some of my main responsibilities included helping make sure the city maintains sound policy that optimizes the use of all the buildings in the cities jurisdiction, as well as communicating with tenants and private and public corporations on changes in building codes.”

Offseason Opportunities: Noah Karras

No. 5, Noah Karras, Intern for Chicago CRED

A junior from Lake Forest, Illinois, Noah Karras is hard at work in Chicago this summer.

“This summer, I’m working as an Intern for Chicago CRED. CRED is an acronym for ‘creating real economic destiny.’ It was started by Arne Duncan as an organization to combat the staggering gun violence going on in the city of Chicago, funded by the philanthropic organization Emerson Collective in California, begun by Lauren Powell Jobs, Steve Job’s widow.

Chicago CRED is currently working with After School Matters, a non-profit organization that provides life-changing after-school and summer program opportunities to more than 15,000 Chicago high school teens each year. There is a program in place which I’m a part of called Peacemakers, designed to teach teens how to promote peace in their community. Peacemakers is led by both instructors and interns like myself, and helps participants learn a basic set of teammate and communication skills, to better achieve their goals of peace.”

So why did the guard choose CRED?
“I really love being able to work with these teens, not just mentoring them in a specific topic, but also hopefully having a positive impact on their lives as a whole. I also deeply care about the city of Chicago and the people that live in it, so this is a perfect way to try and give back to both.”
But Karras is also committed to staying in shape this offseason.
“On top of working with CRED, I also lifeguard on the weekends. I’m the head lifeguard at the pool I work at, so I’m counted on being in top condition. This, along with playing in a men’s summer basketball league, is helping me physically prepare for next season. The league also allows me to play against college guys, ultimately letting me keep up with the pace and level of competition we will be facing in 2017-18.”

Offseason Opportunities: Jake Fenlon

No.14, Jake Fenlon, Investment Banking Summer Analyst at Credit Suisse

A senior from Rochester, New York, Jake Fenlon is making things happen back home this summer.

“This summer I’m working at Credit Suisse in New York, as an Investment Banking Summer Analyst in the Mergers & Acquisitions group. Here, we essentially help our clients either sell their business or buy another one. When it comes to my day-to-day work, this consists of financial modeling, putting together presentation materials for potential buyers of our clients’ businesses, and various other tasks that assist the M&A process.”

So how did the guard land at Credit Suisse?

“I spent my summers after freshman and sophomore years interning at different finance-related firms. My goal was to learn about different aspects of the industry and gain experience that would help qualify me for whatever it was that I wanted to pursue after college. Ultimately, I’ve decided on investment banking because I believe being an analyst at an investment bank is a great opportunity to both learn a lot, and build a solid foundational skill set out of undergrad. Over the last several weeks I’ve learned so much and thus far, my internship experience has confirmed that I do want to pursue this upon graduation.”

And what does he like best there?

“I love working hard and being challenged, which I think makes me a good fit for banking. I’m constantly learning new things on the job and very rarely get bored. It’s an exciting, fast-paced work place, and I’ve really enjoyed it so far.”
Fenlon certainly credits his time at UChicago for helping him gain such great opportunities.

“Investment banking is a pretty competitive industry to break into, as there are more qualified applicants than there are positions available… but attending a school like UChicago exponentially increases one’s chances of landing such an opportunity. Firms love recruiting undergrads at UChicago because they know that we have experienced a rigorous academic curriculum and we are comfortable being challenged. Being a student-athlete in particular, I am comfortable being constantly busy and having very little free time to myself, which is what the lifestyle is in this field.

At this point in my life, I could not be more thankful to my 17-year-old self for deciding to attend UChicago. It has contributed both directly and indirectly to many of the opportunities that I’ve been fortunate enough to take advantage of, over the last few years.”

The fourth-year is also making sure to stay in shape this summer.
“Although being an Investment Banking Summer Analyst has kept me extremely busy, I have also done my best to keep up with my strength and conditioning regiment. This includes focusing on both cardio and lifting. Additionally, I try to hoop a couple of times a week, to keep developing my skill-set on the court. The good news is, my internship actually ends six weeks before the start of fall quarter, so I’ll be able to completely zero-in on preparing for the upcoming season then.”

Offseason Opportunities: Ryan Shearmire

No. 30, Ryan Shearmire, Investment Banking Analyst at Lazard

A senior from West Linn, Oregon, Ryan Shearmire is spending his offseason in Chicago.

“This summer, I’m working at Lazard as an Investment Banking Summer Analyst. My main responsibility is to assist the team with mergers and acquisitions transactions.

Last summer I worked in investment banking and I enjoyed my first taste of the business, so I knew I wanted to work in the industry again this time around. Throughout the recruitment process, I was impressed by the people I spoke with at Lazard and felt that this would be a good place for me to learn and grow, moving forward.”

So what has been the forward’s favorite part of this opportunity so far?

“I’ve really enjoyed the everyday challenge that the position itself entails… however, my favorite part of the job is learning every day from the Lazard team. I have an enormous amount to soak in, but I feel that I’ve started off on the right foot with the help of my co-workers taking an interest in my development.”

And how does Shearmire think his time at UChicago has helped him prepare for the role?

“Being a student-athlete at UChicago has given me vital skills in time management and discipline, as well as continuing to learn to put the team and your teammates above yourself. In addition, the overall environment of being around the people at the university, has been crucial in broadening my world view, and I have learned so much from my fellow students and teammates.”

The fourth year has also made preparing for the 2017-18 season a priority this summer.

“My teammates and I have made it a priority to continue to get better throughout the summer, so that we can hit the ground running when we get back to campus in the fall. We couldn’t be more excited about the upcoming season and people will see that our work during the offseason has paid huge dividends.”