WHAT WE DO
“Mission To Provide Students With Jobs on Wall Street and Create Superior Returns for Investors”
The Nittany Lion Fund is an $8 million hedge fund ran exclusively by undergraduate students at Penn State. The first of its kind in the country.
The Fund’s mission is two-fold, to outperform the market providing a strong return for its investors and to educate its students in order to help them obtain careers on Wall Street.
In January of 2005 the first trades were made and the Nittany Lion Fund, LLC was born. The launch of the NLF was the culmination of the efforts of many groups and individuals.
Penn State Investment Association
The Penn State Investment Association (PSIA) is open to all students from any major or knowledge level. The organization serves in an educational capacity to both educate members and provide tools to help Penn State students succeed in pursuing careers on Wall Street. The organization also serves to educate members with an interest in personal investing.
Wall Street Job Placement
The Nittany Lion fund has had a total of 222 students graduate. Over the years, the largest employers of NLF managers have been Bank of America Merrill Lynch, Goldman Sachs, Citigroup, BlackRock, J.P. Morgan, and Morgan Stanley. About 50% of our graduates have secured positions in Investment Banking divisions of these firms. Our largest six employers have hired 144 of the 222 graduates. Another 58 graduates have been hired by other banks and investment advisory firms, including Perella Weinberg, UBS, Barclays, and Deutsche Bank.
Wall Street Boot Camp
The Nittany Lion Fund has built out two programs for students at Penn State. Wall Street Boot Camp I aims to provide students with networking skills while Boot Camp II gives the technical knowledge needed to prepare for interviews.