Timpani’s Mike Klenn, 2010 AIM Alumnus, Presented via
Microsoft Teams to the AIM Students in the Class of 2020 on Monday, April 6,
2020
This year Mike Klenn of Calamos Timpani paid a virtual visit to Marquette's AIM program
 |
| Mike Klenn |
Mike Klenn of Calamos Investments visited the AIM program today
via Microsoft Teams – which Dr. Krause and the students in the class are using
during the COVID-19 epidemic.
Following his graduation from Marquette’s AIM
Program in 2010, Mike went to work for Timpani Capital Management, a Milwaukee-based
investment manager focused on small cap growth investing.
In 2019, Calamos Investments acquired Timpani. Information about the
Calamos Timpani Fund can be found at: https://www.calamos.com/funds/mutual/timpani-small-cap-ctsix/.
Working on the Calamos Timpani Small Cap Growth Fund (CTSIX), Mike
is a Senior Analyst with 10 years of experience. Prior to joining Timpani, he was a member of the Applied
Investment Management Program at Marquette University running a portion of the
endowment. He also interned at Timpani during his senior year of college. He
received his B.S.B.A. in Finance from Marquette University and has earned the
right to use the CFA designation.
Dr. Krause, AIM program director said, “We always enjoy
Mike’s visit. This year it was different as Mike connected with our students
online. He again talked about Timpani’s investment philosophy. They believe
that earnings drive stock price performance. By combining fundamental research
with an analysis of estimate revisions, they believe they can identify and
exploit the perception gap that exists between a company's business strength
and the market's expectation of that strength.” |
| Mike Klenn during a previous visit to the AIM Room |
Krause continued, “They add exposure to stocks where growth is
being underestimated, or where there is a positive perception gap and we reduce
exposure to stocks where growth is being overestimated, or where there is a
negative perception gap. Perception gaps exist because the market is slow to
react to incremental, relevant changes in a company’s fundamentals.”
This semester, AIM
students were again planning to conduct a ‘road trip’ to Timpani where they were going to pitch stocks to the firm’s investment team (Brandon Nelson, Ryan Isherwood, and
Mike Klenn); however, now the class is operating virtually. We'll be back next semester!
