2024 Georgia State Hedge Fund Case Competition Winners

On this episode of the SEAFA Spotlight, President of SEAFA Andres Sandate interviewed the winners of the 2024 Southeastern Hedge Fund Competition Ada Turemis and Aaron Korel from The University of West Florida about their winning strategy as well as competition organizer, Associate Professor Scott Murray of the J. Mack Robinson College of Business at Georgia State University.

The winning team from The University of West Florida (Pensacola, FL) included MBA student Ada Turemis and Aaron Korel, an undergraduate accounting and finance major. Korel and Turemis were invited to Atlanta, as one of the top five finalists, to present their paper on April 25, 2024, to a panel of six judges at the Georgia State University Buckhead Center in Atlanta, GA. Korel and Turemis submitted their paper, “A Bullwhip Strategy,” in early March 2024 but began working on their investment idea in Spring 2023.

All submissions were reviewed by 42 investment professionals throughout the SEAFA membership before the final five teams were selected to present in Atlanta. The 2024 judging panel included Greg Jacobs, Founding Partner, COO, Bay Point Advisors, Stephanie Lang, CFA, Principal and CIO, Homrich Berg, Clay McDaniel, Partner, CIO of Private Markets, Waverly Advisors, Brandon Robinson, Quantitative Developer, Masters Capital Management, LLC, John Champagne, CFA, CAIA, Managing Director, Infinity Funds, and J.P. Vincent, Executive Director, Marex Prime Services.

Sponsors of the 2024 Southeastern Hedge Fund Competition included:

Platinum – Warren Averett CPAs and Advisors, Masters Capital Management, LLC, Georgia State University Center for the Economic Analysis of RISK (CEAR)

Gold – Infinity Funds, Trident Trust, Bay Point Advisors

Sponsors – Homrich Berg, Harneys, Waverly Advisors, Marex Prime Services

A full list of 2024 winners, universities, strategy names, and team members can be found by clicking here.

Southeastern Hedge Fund Competition Website

University of West Florida News Release

Organizer of the Southeastern Hedge Fund Competition Associate Professor Scott Murray’s Website