SOURCE: ACG Los Angeles

February 20, 2008 12:02 ET

ACG Los Angeles Announces Winners of Annual Business School 'Cup' Competition

LOS ANGELES, CA--(Marketwire - February 20, 2008) - Business school students from five Southern California universities were honored at a meeting today of the Los Angeles Chapter of the Association for Corporate Growth for their outstanding performance in a rigorous investment banking case study competition.

Scott Kolbrenner, President of ACG Los Angeles and a Director at Holihan Lokey, will present a total of $21,000 in cash awards to the five teams, along with custody of the ACG Sothern California Cup Award to the first-place team for one year.

"ACG Los Angeles established the Cup Competition two years ago to recognize and connect with the outstanding young men and women who will soon be joining our business community," said Mr. Kolbrenner. "For the past two years we have been pleased to have the ACG Orange County Chapter join us in reaching out to schools in Southern California, and in honoring the very impressive performance of these students."

Teams participating in the competition were required to take the role of financial analysts and advisors to a hypothetical company facing a complex and difficult business decision, and to recommend a course of action. They then had to defend their positions when challenged by a panel of ACG members, all experts in investment banking or corporate finance, who served as judges. The case study was prepared under the direction of Mr. Kolbrenner and other professionals from the investment banking firm Houlihan Lokey.

The first-place team, from Pepperdine University's Graziadio School of Business, included Nathaniel Downes, Stephen Dean, Anne Neumayr and Nivan Bhuta, who shared a $10,000 prize. The Pepperdine team also earned the privilege of keeping the large goblet-shaped award at their school for the year.

In second place was the team from the Paul Merage School of Business at the University of California-Irvine. Dimitri Krikelas, Vishal Mehra, Jiangbing Xie and William Ryan shared a $5,000 prize.

The third-place team, Tung Tran, Daniel Sirvent, Peter Duncan and David Crawford from Chapman University's Argyros School of Business, received $3,000.

The fourth-place team, from the University of Southern California's Marshall School of Business, who shared a $2,000 prize, included Henry Chow, Kenny Li, Zhi Li and Alex Liu.

The team from the College of Business and Economics at California State University Fullerton, Maria Cindy, Supakit Raveearamvong and Stanimira Stoykova took fifth place and a $1,000 prize.

The success of the ACG Southern California Cup Competition has led to a number of other Chapters of ACG introducing local Cup events in their cities, Mr. Kolbrenner said. "We look forward to the time when a competition that began in Los Angeles expands into a national ACG event for business students across America," Mr. Kolbrenner said.

ACG Los Angeles (www.ACGLA.org), whose 450 members include CEOs, investment bankers, private equity professionals, legal and financial consultants and others involved in mergers and acquisitions, corporate strategy and corporate growth, is one of the most active of the 53 ACG chapters.

Founded in 1954, the Association for Corporate Growth (www.ACG.org) is the premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions. Today ACG has 11,000 members from corporations, private equity, finance, and professional service firms in North America and Europe.

Note: Photos available.

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