The Fund is co-managed by two recent HBA and/or MBA graduates on a volunteering basis but chosen based on demonstrated excellence in their studies and passion for value investing. One co-manager’s term is for 3 years, while the other co-manager’s term is for 2 years. These co-managers coordinate the teams of fund fellows and research analysts to ensure proper valuations of companies, and compile this information succinctly into a quarterly fund report. Previous managers were instrumental to the success of the fund, and are proudly displayed below.
Eeshan Paranjape (2014-2017)
Eeshan currently serves a strategy consultant in CIBC’s Retail Business and Banking Group. As a senior accountant at Ernst & Young in New York City, Eeshan worked as a consultant providing advice to clients on complex accounting issues. Prior to this role, Eeshan worked at Ernst & Young in Toronto performing audit engagements for clients in a variety of industries including asset management, banking, insurance, pharmaceuticals, and automotive. Eeshan is an avid reader, and works actively in his community, and places importance on constantly learning and facing new challenges. Eeshan has an MBA from Ivey, a BBA from the University of Toronto and is also a holder of the CA and CPA designations.
Chris Cunningham (2016-2018)
Chris is a 2011 graduate of the HBA program. Prior to completing the HBA program, he worked at Merrill Lynch in wealth management in New York City and investment banking in Toronto. Following graduation, he spent four years in the private equity group at CPP Investment Board. Currently, Chris is responsible for managing a private investment partnership and acts as a consultant to the real estate industry. He was one of three recipients of the Stacey Muirhead award, demonstrating exceptional promise in understanding and applying value investing principles, and his group won the Fairfax Financial award. During his four years at university, Chris was also an active member of the Western Investment Club ("WIC"), becoming President in his final year.
Matthew Fong (2017-2020)
Matthew holds an MBA from the Ivey Business School where he graduated with distinction. In 2016, he was awarded both the Fairfax Financial Holdings Ltd award given annually for the best value investing valuation report and the Robotti & Company Advisors LLC prize given to the group whose stock recommendation received the highest recognition by the Fund's Advisory Board, and ultimately added to the Ivey Value Fund. During his MBA, he was the Co-President of the MBA Healthcare Club and member of the Ivey ice hockey intramural team. Matthew is currently a Senior Consultant at KPMG within its Management Consulting practice focusing on digital health transformation.
Darren Lewis, CPA (2018-2023)
Darren holds an HBA from the Ivey Business School where he graduated on the Dean’s Honor List and as an Ivey Scholar. He also holds a Graduate Diploma in Professional Accounting from Rotman Commerce. In 2017, his Value Investing team was awarded the Fairfax Financial Holdings Ltd. award for the section’s strongest valuation report. During his undergraduate studies, he was the Co-President of the Ivey Accounting Club and an Ivey Teaching Assistant. Currently, Darren is an Associate at Ironbridge Equity Partners, a Toronto-based private equity firm. Prior to this role, Darren spent three years as a Manager in KPMG’s M&A Transaction Services group, which included a secondment to the Private Equity team at IMCO.