Tuesday, April 7, 2020

Mike Klenn of Calamos Timpani paid a virtual visit to the AIM program

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 athttps://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.

NACC Chairman's Circle | Naperville Area Chamber of CommerceDr. 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!