in the world s largest community exclusively for professional investors cut through the noise with quality peer reviewed investment research from top analysts and rising stars in the fund industry . join sumzero sumzero has been beyond helpful to my hedge fund career giving me the exposure that eventually led me directly into not one but two hedge fund jobs . for anyone who works on the buyside if you can post your ideas on sumzero i highly encourage you to do so as it s an increasingly competitive investment in your personal brand . as loyal and grateful as i am to wharton i have often said that sumzero has done more for my hedge fund career than my mba ever did . i simply can not thank you guys enough for this and for giving me the chance to compete for eight years in the world s biggest most legit online community of hedge fund investors . analyst at 10b multi strat hedge fund why sumzero why sumzero research by the buyside . for the buyside . sumzero buyside s research is published exclusively by professional investors . no day traders no sell side analysts 100 % quality peer reviewed research from professionals at legitimate buyside funds . access to thousands of buyside ideas sumzero s research database is 100 % comprised of actionable peer reviewed long form research from members of the hedge fund mutual fund and private equity fund analyst community . research is 100 % transparent including analyst name fund name and disclosure status . in depth analysis on actionable ideas research reports in sumzero are forward looking with defined price targets expected timeframes valuation discussion risk analysis and catalyst review . either post or pay for access unable to post firm research switch to a read only license to access the research database and skip the posting requirement . a popular option for large funds and asset allocators . show me a full report on frph us sumzero has been a fantastic platform for us to differentiate our fund by the quality of the ideas our process generates as the transparency into each key position allows prospective investors to both understand how we research and execute investments and holds us accountable to past decisions . we can t think of a better way to promote transparency in the industry than by having access to our key investment decisions over time steven wood founder pm greenwood investors find exactly what you need no noise . sumzero brings unprecedented clarity to the research discovery process with powerful robust and comprehensive filtering . custom filters and searches find the research that matters to you . identify ideas with an extensive range of metrics including market cap p e ev ebitda as well as filters for catalysts region sector and situation . email alerts and saved searches save a search and let new research that matches your criteria be delivered directly to your email the moment it s published . one of the best characteristics about sumzero is not only the transparency but the users in general and thus the exclusivity i have yet to reach out to someone who didn t reply within a few hours and offered to get on the phone and tell me everything . prior to joining this platform i had such a bad taste in my dealings with users from other mediums ; this platform really changed the way i perceive the industry and if anything it gave me the confidence to speak with people that i otherwise would have assumed would ve never responded much less act like as an open book and offer a lending hand you just don t get that anywhere else not even close . taylor mann founder pm pine capital partners excerpts from sumzero research as the company is continuously buying back stock at the current depressed share price the earnings accretion drives the p e down to 12x . this is at discount of 10 % 15 % to the high quality names in the tobacco sector which is a very significant de rating from the historic premium of 4 multiple points . if we were to exclude that from operating earnings the discount is 20 % . founder pm at 150m london based long short equity hedge fund off balance sheet liabilities mostly relate to aging populations with the future holding a much greater demand for pension and welfare payments to older citizens as well as greater demands for healthcare . under investment in infrastructure is another way governments have been postponing expenditure . bailouts of banks is another iceberg that can cause a shipwreck with ireland s government debt to gdp ratio going from 44.5 % to 121.7 % in four years primarily as a result of poor lending and bank bailouts . founder pm at 40m sydney based distressed credit hedge fund these changes in demand have not occured as rapidly as expected . extensive channel checks with suppliers in a dozen different countries done in the last week showed that demand did not slow in the 3rd quarter though it has begun to slow very slightly in the fourth with suppliers in italy expecting it to pick up with the renewal of rebates in january . pm at 275m ny based long short equity hedge fund 42 % of safm s cogs are feed costs comprised of 75 % corn 25 % soy meal . a 1.00 bushel decline in corn price adds 100mm of operating income for safm . however on the risk side a 1.00 bushel rise in corn prices also detracts 100m in opinc . keep in mind this leverage when considering this idea . pm at 1t california based credit mutual fund chorus undertakes a dilutive equity issue to provide additional head room under its debt covenants . chorus has ruled out an equity issue until the regulator s decision is given in april 2015 . the market had been concerned that a distressed equity raising may be possible but that risk has now been eliminated due to the extension of debt facilities including relaxation of key covenants . it is still possible that the company may wish to raise equity if the regulatory decision is positive in april and the stock prices rallies to more attractive levels . senior analyst at 80m hong kong based event driven hedge fund in terms of a potential take out a larger driller like ensco esv noble ne transocean rig or seadrill sdrl would be attracted to vtg b c of its newer fleet the ability to refinance the high cost leverage at much lower rates and a fleet that is already working instead of waiting 3yrs for a newbuild . further as mlps are formed have sdlp and rig likely to announce one in 2014 these new entities should trade at higher multiples and thus be able to make acquisitions accretive more easily better buyers and new class of potential buyers . analyst at 4.5 t ny based asset manager discover the fund industry s top alpha generators sumzero offers the world s only buyside analyst performance rankings system . our proprietary rankings algorithm examines the returns of individual investment recommendations made by thousands of fund analysts pms since 2008 and then identifies the individuals that have most consistently beat the market . objective skill based methodology rankings brings recognition to the most consistent alpha generators on the buyside using a methodology that is agnostic to pedigree aum or seniority . consistent benchmark out performance on multiple recommendations is what you need to climb the rankings ladder . open eligibility visibility all sumzero buyside members are eligible to get ranked on sumzero after submitting a minimum number of research ideas . rankings lists are updated each month . all buyside and allocator members can access rankings for free . multiple best in class categories sumzero rankings cover a variety of standard and proprietary categories including long short all time ltm strategy and many more . example of rankings page . names and funds in this example image are not intended to be real . exclusive buyside job opportunities sumzero is the next step in buyside networking . research you contribute on sumzero is tracked on a performance basis and allows you to build an independent track record . when you re ready to go after a new position sumzero has a dedicated full time recruting staff ready to leverage the performance of your work on the site . hundreds of buyside jobs more meaningful than just a resume and cover letter sumzero gives you the added benefit of sending your top performing research reports on the site along with your application directly to hiring managers at top global firms . dedicated full time recruiting staff not your average recruiters . our experienced staff works with hundreds of hiring managers and knows how to leverage your expertise to get results . whatever your career goals sumzero can help you reach them . sumzero has been a critical component in my job search . i had interviews with prominent hedge funds that i never would have had the chance to interview with . it s been a great experience all around . analyst at 6b event driven hedge fund know what you re worth ... for free are you making as much as your peers in the industry learn what fund professionals of all types earn with our 100 % anonymous compensation database free to all members . see what your peers are earning smartly segmented by salary bonus structure carry and other bonuses as well as job title location experience and several other metrics to give you a reliable picture for whatever role you re curious about . 100 % anonymous when you contribute your compensation it can never be traced back to your name or your employer . the compensation database is the only anonymous database on sumzero . a better way to raise capital tired of constantly explaining and re explaining the details of your fund to disinterested or unqualified investors sumzero s cap intro program puts the essential information of your fund in front of hundreds of pre qualified institutional allocators in a passively managed reverse solicitation format . from returns to firm references to investor letters to your proprietary research on sumzero all your materials are neatly contained in one protected page . pitch your fund efficiently show allocators why your fund is different . remove barriers to your documents and data and present the full picture of your expertise process performance and infrastructure . get introduced experience broad exposure to a high quality group of investors that are actively allocating to funds and can radically change the future of yours . get matched with capital allocators who reach out to you based on the quality of your fund s page . show me a full fund profile on sumzero sumzero was able to introduce us to high caliber investors and to generate feedback on our business from a wide swath of credible allocators in a short period of time . i d highly recommend any new fund contemplating a launch to use sumzero s capital introduction services . stormy scott president & coo banbury partners for allocators no more bad first dates finding a good fund is work ... phone calls with fund managers can be exhausting and your inbox is often flooded with spam . sumzero allocator was custom built to address the needs of institutions looking to find unique funds which match the particulars of all investment mandates without adding to the problem . filter by funds that matter to you browse and view hundreds of funds on the sumzero cap intro platform . remove friction from the due diligence process with unrestricted access to all documents . passively track filter and create email alerts for funds of all types . privacy matters