Redhawk Fund

The Redhawk Fund provides Seattle University Students with a valuable learning experience by allowing them to actively manage a portion of the University’s endowment.​

• Over a 20-year time frame, the Fund’s primary long-term investment objective is to achieve a total return net of fees and expenses that is comparable to the market average return, benchmarked by the S&P 500 Fossil Fuel Free Index​
• The Fund takes a long-term investment perspective and aims to pursue long term sustainable growth​
• The Fund comprises a well-diversified portfolio, largely comprised of stocks in the Russell 1000 Index and/or S&P 500​

Portfolio Managers (PMs) are responsible for maintaining a balanced portfolio. PMs are expected to provide guidance to analysts in the research of current and proposed investments/trades. Additional PM duties include:​

• Creating the Executive Summary and pushing forward trade ideas​
• Managing risk effectively and ensuring the portfolio meets the criteria outlined in the IPS​
• Developing board materials and external presentation materials (investment series, company visits, valuations)​
• Spearheading recruitment efforts and leading external events

Equity research analysts are responsible for researching and proposing potential investment ideas to the portfolio managers. Additionally, analysts are responsible for covering their assigned sector and preparing news on their sector for each meeting. Additional analyst responsibilities include:​

• Working collaboratively with other analysts to improve presentation and valuation materials​
• Maintaining organized workstreams and communicating effective with the portfolio managers​
• Updating past models to reflect new earnings announcements and other guidance

• Market News: Discussion of recent market trends, events and portfolio related outcomes. Analysts are expected to come prepared with events to RHF portfolio companies in their sector
• Fund Events: Outline and discuss upcoming fund events, manage responsibilities across the analyst and PM level. Analysts are strongly encouraged to help assist portfolio managers wherever possible
• Mini Studies: Each analyst is required to present at least one mini-study per quarter. These should be brief, one to two slides' summary on a financial related topic of your choice, with the point of educating the fund on the topic
• Presentations: Each analyst will submit and present one valuation per quarter, complete with a two-part valuation model and presentation. Presentations should be sent out to the team by the Thursday before your presentation to ensure other members have time to review
• Q&A: After each presentation, there will be 10 minutes allocated for a Q&A session where other members can ask questions about the drivers of value, the assumptions of the model, and points in the analyst’s presentation

Portfolio managers and analysts work together to provide an optimal outcome for the fund, developing materials that help the Fund make informed investment decisions.

The Redhawk Fund’s operations are overseen by our faculty advisor, Cathy Cao, as well as by members of the Department of Finance Advisory Board. We also have the guidance of our Student Advisory Board which is comprised of experienced Albers students. We regularly communicate our activities and progress with our faculty advisor. The faculty advisor along with the Board ensure that the management team adheres to the mission and policies of the Redhawk charter. The faculty advisor also routinely evaluates the portfolio management team’s performance.