SOURCE: Institutional Investor

Institutional Investor

Institutional Investor

January 08, 2015 12:30 ET

Terry Lally of Spotlight Funds LLC Wins InvestPitch 2014 for Long Call on Staples (NASDAQ: SPLS)

NEW YORK, NY--(Marketwired - Jan 8, 2015) -  Institutional Investor, one of the world's most respected financial media brands, and SumZero, the world's largest community of buy-side investment professionals, announce Terry Lally, founder and CIO of Spotlight Funds Management LLC, as the winner of InvestPitch 2014. Runners up include Ian Clark, managing director of Dichotomy Capital, and Brian Pitkin, founder and managing partner of URI Capital Management.  InvestPitch is a multimedia platform that accelerates the discovery of emerging managers and their best investing ideas through events and regularly published 'pitch' videos and written idea summaries.

Lally made his case for taking a long position on Staples at the InvestPitch event hosted by Bloomberg Tradebook at Bloomberg's Headquarters on November 3, 2014. 19 other emerging managers gave four-minute pitches on their best investment ideas. Clark presented his idea for a short position on Transocean RIG and Pitkin pitched long on JP Morgan TARP Warrants. The audience of nearly 200 investors ranked each pitch on a scale of 1-10.

The full article on Lally's win, "InvestPitch Winner's Long Shot on Staples Pays Off," as well as the previously published article on the competition, "Big Ideas from Small Hedge Fund Managers" can be found on Institutional Investor's website.

Videos of all presenters' pitches are available for viewing at institutionalinvestor.com/investpitch, where visitors can also register to download each presenter's written pitch summary.

The 17 other companies pitched at the InvestPitch event were Aaron's Inc., Alleghany Corporation, American Capital Ltd, Capitec Bank Holdings Ltd., Ferro Corporation, GW Pharmaceuticals NV, Kohl's Corporation, Leucadia National, LifePoint Hospitals Inc, Newcastle Investment Corp, Realogy Holdings Corp, Savills Plc, Sears Holdings Corporation, Starz, Stone Energy, The E.W. Scripps Company and Tower Semiconductor.

About Institutional Investor
For more than 45 years, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information, visit institutionalinvestor.com.

About SumZero
SumZero is the world's largest community of investment professionals working at hedge funds, mutual funds, and private equity funds. With more than 10,000 pre-screened professionals collaborating on a fully-transparent platform, SumZero fosters the sharing of many thousands of proprietary investment reports every year and offers several ancillary services in support of that effort. These free services include capital introduction services, buyside career placement services, media placement, and more. SumZero's membership base is represented by analysts and PMs at nearly all of the world's largest and most prominent investment funds. Visit sumzero.com