NEW YORK, NY--(Marketwired - Feb 5, 2014) - Institutional Investor, one of the world's foremost media brands, and SumZero, the world's largest community of buy-side investment professionals, announce that Daniel Carroll, founder of New York-based Litmus Capital Management, has won the InvestPitch competition. InvestPitch is a 'TED-style' stock-pitch competition and multi-media idea platform that brings actionable ideas from top emerging managers within the SumZero community to investors.
At the competition, which was held at Columbia University School of Business's Uris Hall on November 12, 2013, 19 managers, including Carroll, gave a three-minute pitch on one of his or her best investment ideas. Carroll made his case for a long position at IDT Corp., a Newark, New Jersey-based telecommunication company founded by Howard Jonas in 1990. IDT offers calling cards, long distance plans, conferencing plans and prepaid card services. The audience chose the top three managers by ranking them on several criteria, and visitors to institutionalinvestor.com voted for the overall winner online after watching videos of the three finalists' pitches.
The full article on Carroll's win, "InvestPitch Winner Shares One of His Best Investment Ideas," as well as the previously published article on the competition, "Pitch Perfect" can be found on Institutional Investor's website.
Videos of all presenters' pitches are available for viewing at institutionalinvestor.com/investpitch, where visitors also can register to download each presenter's full-length written investment memo.
The 18 other companies presented at InvestPitch were African Minerals Ltd., Buffalo Wild Wings Inc., CafePress Inc., Cal Dive International Inc., Contango Oil & Gas Co., Dongbu Insurance Co. Ltd., First BanCorp/Puerto Rico, Gray Television Inc., HealthStream Inc., InterXion Holding NV, MGM Holdings Inc., Murphy USA Inc., NCR Corp., Neste Oil, ReachLocal Inc., Ryohin Keikaku Co. Ltd., TGS Nopec Geophysical Co. and Zix Corp.
About Institutional Investor
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About SumZero
SumZero is the world's largest community of investment professionals at hedge funds, mutual funds, and private equity funds including many of the world's largest and more prominent investment funds. With more than 10,000 pre-screened professional members, SumZero fosters the creation and sharing of thousands of deeply-vetted, buy-side-driven investment reports every year.
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