Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Sohn opens call for ideas conference

Friday, February 23, 2018
Opalesque Industry Update - The Sohn Conference Foundation today announced the launch date of its Investment Idea Contest ahead of the 23rd Annual Sohn Investment Conference, in partnership with CNBC. The contest supports the Foundation's mission to treat and cure pediatric cancer. The winner will present his or her idea to more than 3,000 attendees from across the globe at the conference on April 23, 2018 at Lincoln Center in New York City.

Sponsored by GLG (Gerson Lehrman Group), the world's leading professional membership for on-demand, one-on-one learning, the contest will kick off on March 13, 2018 and is open to any individual with an investment idea for a marketable security (long or short) with a market capitalization above $1 billion. The submission deadline is 12 p.m. EST on April 5, 2018. A panel of the world's most elite investors, chaired by Larry Robbins and including William Ackman, Joel Greenblatt, David Einhorn and Seth Klarman will select the winner based on the judges' determination of the most compelling investment thesis with a one-year horizon.

"The Sohn Investment Idea Contest is the only platform of its kind," said Lance Laifer, co-founder of the Sohn Conference Foundation. "It's a once-in-a-lifetime opportunity for both professionals and students, regardless of industry, to present their idea on the Sohn stage alongside the most esteemed investors. We look forward to receiving this year's submissions and reviewing these fresh perspectives on the market."

The conference is famous for featuring a number of prominent investors, including Larry Robbins, Founder, Portfolio Manager and CEO, Glenview Capital Management LLC. Robbins is a longtime speaker at the conference. At the 2017 Sohn Conference, Robbins surprised attendees by announcing on stage that he was donating $1 million to the Foundation in his father's memory. His generous donation funded The Sheldon Robbins Adolescent and Young Adult Clinical Trials Initiative, which will provide unprecedented access to innovative precision medicine by linking pediatric patients at Memorial Sloan Kettering Cancer Center to new drug therapies.

"The Sohn Investment Idea Contest winner's presentation always brings an exciting new perspective to the conference's elite roster of speakers," said Larry Robbins. "The contest not only provides an unparalleled opportunity for anyone with an investment idea, but also supports the Foundation's mission to treat and cure pediatric cancer, which our firm is proud to have supported for the past 15 years."

"GLG has been committed to accelerating medical breakthroughs by connecting professionals to expertise since our very first projects nearly 20 years ago," said GLG CEO Alexander Saint-Amand. "We are long-time supporters of Sohn, and we are proud to continue to support the Sohn Investment Idea Contest and the Sohn Conference Foundation's lifesaving efforts in the fight against cancer."

Dylan Adelman, an undergraduate student at the University of Pennsylvania - The Wharton School, won last year's idea contest in New York, beating hundreds of others, including professionals. Adelman pitched a long bet on eBay, stating the stock is undervalued due to a misunderstood relationship between eBay and its merchant of record, PayPal.

For more details or to enter the contest, please visit www.sohnconference.org/contest. Follow the contest on Twitter at @SohnIdeaContest @SohnConf

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1