CV3 Shivam Naruka 62110601

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SHIVAM - - CGPA: 3.

95/4
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EDUCATION
Indian School of Business | PGPM | Intended majors – Strategy & Finance June’21 – Present
• Secured an admit through the Young Leaders Program (~100 of 3,000+ applicants), having applied in the 3rd year of UG
• National finalist (8/400+), IIM-B Drawdown – Prepared an investment thesis and LBO model on Mrs. Bector’s for a PE client
• Consulting PayPal (ELP) on the viability of their Chargeback Protection offering by evaluating the ROI derived by SMEs from it
BITS Pilani | B.E. (Hons.) Manufacturing Engineering with a minor in Finance | GPA 8.74/10 Aug’15 – June’19
• Branch rank: 1/45 | Top 5% across the institute (~700 students) | Mechanical department rank: Top 10 out of 150 students
• Ranked 3rd nationally & 10th globally (30k+ participants) in the WorldQuant Challenge, achieving 68% higher Sharpe vs. avg.
- Developed quantitative trade strategies for the U.S. equity market; Offered a research consultant position with WorldQuant
• National finalist, International Quant Championship – Led a 4-member team from BITS Pilani, Hyderabad Campus
- National rank: 2, Global rank: 11; Formulated alpha generative strategies for U.S. equities across 3 prior elimination rounds
• Internship: J.P. Morgan – Investment Banking (Real estate, EMEA); Secured a PPO (1/9 across all three BITS campuses)
- Became the 1st (of 25) intern to work on independent projects with the onshore team within 1 month (average 2) of joining
OTHER ACCOLADES: XII (CBSE) – 95% (School rank: 1) | X (CBSE) – 10/10 (certificate of recognition from Rajasthan Gov.)
WORK EXPERIENCE
J.P. Morgan | Junior Analyst – II, Investment Banking | Healthcare, North America coverage | Mumbai July’19 – May’21
Youngest in the 8 member North American healthcare sector team; was on track for a secondment in New York by Q3’20 (pre-COVID)
Key achievements
• Consistently ranked ‘Strong’ (2/20) on business results and client outcomes; recognized by the ED as a top-performing analyst
- Handpicked by directors for 2 high-profile transactions worth ~USD 7.1bn on grounds of financial modelling skills
• Sole analyst (1/8) from the healthcare team covering multi-billion-dollar accounts such as UnitedHealth and Rocket Pharma
Key client engagements & transactions
• Facilitated the USD 6.5bn acquisition of Alliance Healthcare by AmerisourceBergen from Walgreens Boots Alliance
- Assessed target company’s fair value by undertaking extensive industry research, fundamental and competitor analysis
- Single-handedly built a value creation model, analyzing and quantifying potential litigation risks to the tune of ~USD 6.0bn
- Solved for complications in the transaction pertaining the decoupling of target’s Chinese holdings from the acquisition mix
- Enabled credit outlook maintenance at ‘Baa2’ by creating materials presented by the CEO and CFO to the ratings agencies
• Built a detailed market build and DCF model for a pre-launch portfolio company backed by GV, Colle Capital & Altium Capital
- Developed TAM and SAM analyses from the ground up for Hyperfine, a new-age diagnostics firm with a portable MRI system
- Won the mandate to act as exclusive financial advisor on their USD 580mm SPAC transaction with HealthCor Catalio
• Advised on the USD 1.9bn initial public offering of Pharmaceutical Product Development (PPD) – one of the largest CROs globally
- Generated USD 100mm+ of additional investor demand while coordinating with 3 other banks on the book building process
- Prepared roadshow presentations and the final investor deck, detailing net proceeds from the offering and its deployment
Contributions to internal practice & processes
• Improved efficiency by building a standardized ‘Sum of Parts’ valuation model for the North American coverage team
- Resulted in ~40% savings in time in the valuation and pitch-building process for marketing meetups with biotech clients
• Led the development of a bi-weekly dashboard covering M&A, equity and debt markets activity in healthcare services & IT
- Facilitated onboarding of 2 new clients through the circulation of key insights with the leadership of prospective firms
• Co-authored an industry report on the ‘Telehealth opportunity post COVID – Growth and M&A’ under the guidance of two EDs
• Initiated the development of a biotech IPO forecasting tool to predict the best time, since a firm’s inception, to go public
- Leveraged Python, Excel to analyze & regress a large dataset of biotech IPOs in the last 5 years across ~15 unique datapoints
LEADERSHIP, EXTRA CURRICULARS & PERSONAL INTERESTS
Positions of Leadership & Responsibility
• Founding member, Wall Street Club, BITS Hyderabad – Core club for finance & economics Feb’18 – May’19
- Inducted ~100 students (1st year); delivered 5 P2P sessions to develop financial acumen in club members (70+ attendees)
Extra Curriculars, hobbies & interests
• Intrigued by technology, especially computing and other mobile hardware with a special focus on semiconductor progression
- Operate a blog since 2016 focused on conveying a technical breakdown of consumer technology: mixtechno.wordpress.com
- ~6,000 views spanning 25 posts; liked and re-tweeted by veteran WSJ technology reviewer Walt Mossberg
• 3-time winner of Swami Vivekananda elocution contest – a state-wide (Raj.) contest seeing participation from ~50 schools
• Consistent winner of medals in 100m and 4x100m (relay) athletic events through school and undergraduate
• Semi-finalist, badminton doubles at J.P. Morgan’s sports day 2019 - Avid player with a few years of formal training

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