SOMA co-founder Ted Hillestad '99 joins St. Olaf Alumni Board of Directors

Congratulations to SOMA co-founder Ted Hillestad '99 on his election to the St. Olaf Alumni Board of Directors!

The full alumni board membership roster can be accessed here:
http://www.stolaf.edu/alumni/alumniboard/index.html

Ted welcomes feedback, ideas, and suggestions from SOMA members as he begins his term on the board. Congrats Ted!

Lars Leafblad - SOMA co-founder joins KeyStone Search

Lars Leafblad '99, a co-founder of the St. Olaf MBA Association, has joined KeyStone Search, a full service executive search firm with a unique emphasis on corporate culture located in Minneapolis, MN, as a Vice President.

A link to his new contact information is below:
http://www.keystonesearch.com/team_leafblad.php

Oles on the West Bank Alumni Event on April 3

Ole alums who have attended, or are attending, the Carlson School of Management, Humphrey Institute of Public Affairs, or the U of MN Law School are invited to attend a special networking event on April 3, 2007 with new STO president, David R. Anderson '74.

Full details can be found here:
https://wwws.stolaf.edu/alumni/events/westbank.html

If you'd like more info, please email Lars Leafblad: larsleafblad at yahoo.com.

Fram! Fram!

Update from SOMA member Jon Bjorlie

SOMA members, please update your contact files to reflect the following information for Jon Bjorlie:

Jon E. Bjorlie , MBA
6421 Biscayne Boulevard
Edina, Minnesota 55436-1701
Cellular: 612.990.8484
Facsimile: 952.841.7069
jonbjorlie@earthlink.net

Fram! Fram!

Job opp at CarVal Investors

Thanks to SOMA member, Dave Pelka, for circulating this to the SOMA network:

Analyst – Hedge Fund / Private Equity – Cargill Value Investment

The firm:
CarVal Investors (CVI) is a leader in opportunistic value investing. Founded in 1987 by Cargill, CarVal Investors has quietly acquired more than $15 billion in assets in 2,500 transactions. The firm has been a first mover or early entrant across the globe, having invested in 35 countries. Today, CarVal Investors manages over $8 billion in assets.

The position:
The Analyst position provides analytical and transaction support to Associates, Investment Managers and Managing Directors in a small team environment. Your ability to deliver work product is critical, but your ability to learn, think, collaborate and create will also be challenged and developed. The position will require travel.

The responsibilities:
60% Asset underwriting and valuation – the Analyst will model, value and underwrite investments, primarily portfolios of consumer debt accounts. The Analyst will stratify asset pools, model cash flows, identify and research risks, make well-supported investment recommendations, and craft approval and underwriting documents.

30% Investment management – the Analyst will monitor ongoing performance of existing transactions and our asset management partners, work with accountants and lawyers to ensure that asset managers comply with the terms of asset management agreements, and seek ways to maximize the value of assets acquired.

10% Other – the Analyst will support marketing efforts, recruiting, and other as needed.

The required qualifications:
· Bachelors Degree with excellent track record of success in previous endeavors
· 2+ years of experience in a Finance/Accounting environment, or equivalent. Business, analytical and financial modeling skills are preferred, however, candidates with less experience will also be considered. Excel proficiency required.
· Strong verbal and writing skills, excellent attention to detail
· Time management, organizational communication and multi-tasking abilitiesWillingness to learn, operate under demanding deadlines, create structure where none exists, and exhibit strong work ethic


Please contact Dave Pelka for additional information at David.Pelka@CarVal.com

SOMA welcomes another Wharton grad...

Welcome to the newest SOMA member:

Paul Rohricht '84
MBA, Wharton School, University of Pennsylvania '02
VP, Business Development, Symphogen A/S
www.symphogen.com

Ideas for fall programming??

Have ideas you'd like to share on how to bring SOMA together off-line?

Please email us at:

larsleafblad_at_yahoo.com

or

ted_hillestad_at_yahoo.com

Fram! Fram!

Still alive and kicking...

Thanks to the many SOMA members who have emailed inquiring about the status of our collective effort to bring together Ole MBAs.

Yes, we're still alive.

Yes, we're a bit behind with the updates.

Yes, we'd love you to keep sending them.

Yes, we'll be hosting an actual event, most likely in the Twin Cities, sometime later this year.

Yes, we welcome your feedback on how to keep building this network.

Fram! Fram!