NASSIME RUCH-KAMGAR, CFA 1620 Platte St. Denver, CO 80202 | 908.625.9599 | [email protected] SUMMARY 10 years of fundamental equity research experience covering the financial sector, as an investment banker and equity research associate. Superior company and industry knowledge, as well as comprehension of equity markets. Extensive experience creating in-depth financial models and presenting profitable investment themes. Track record of meeting timelines and exceeding expectations, demonstrated by multiple accelerated promotions. QUALIFICATIONS  SUB-SECTOR EXPERTISE: SPECIALTY FINANCE, ASSET MANAGEMENT, INVESTMENT BANKS, INSTITUTIONAL BROKER-DEALERS, EXCHANGES, ONLINE BROKERS, FINANCIAL TECHNOLOGY  TRANSACTION MODELING AND VALUATION: DCF, SOTP, IRR, LBO, ACCRETION-DILUTION, PUBLIC COMPANY COMPARABLES, PRECEDENT TRANSACTIONS  IDENTIFYING BUSINESS TRENDS AND FORMING INVESTMENT CONCLUSIONS  TEAM PLAYER AND QUICK LEARNER  MANAGING DUE DILIGENCE AND CONDUCTING CHANNEL CHECKS  STRONG WRITTEN AND VERBAL COMMUNICATION  STAND-ALONE COMPANY OPERATING MODELS  HIGHLY ANALYTICAL, ACCURATE AND METICULOUS  EXCEL, BLOOMBERG, FACTSET, THOMSON ONE, THOMSON REUTERS, WORD, POWERPOINT PROFESSIONAL EXPERIENCE LAZARD, LTD. New York, NY ASSOCIATE, INVESTMENT BANKING, FINANCIAL INSTITUTIONS GROUP Since 2012 Responsible for execution coverage of financial institutions in the following sectors: Specialty Finance, Asset Management, Investment Banks, Institutional Broker-Dealers, Exchanges, Online Brokers, Financial Technology. Worked with team members on 14 transactions, including sell-side and buy-side M&A and equity financings. Prepared valuation analyses, stand-alone operating models, merger and LBO models, client presentations and led due diligence. (See addendum for detailed transaction experience)  Extensive experience in DCF, SOTP and IRR analysis, LBO and merger (eg. accretion-dilution) models, comparable company analysis and precedent transactions analysis; Created model template used for all valuation and merger models  Worked closely with company senior management teams to analyze strategic rationale of transactions, conduct due diligence and prepare executive summaries, investment memoranda and management presentations for potential investors  Collaborated with client CFOs to create accurate stand-alone company operating models on both an earnings and cash flow basis, for complex transaction analysis and negotiations with potential investors  Ranked #1 (out of 20) among investment banking class  Developed a database of private companies to aid in marketing and business development, target ideas for existing clients and improve understanding of the competitive landscape of the industry  Supervised a junior team of analysts in financial modelling, due diligence, presentation preparation, and development of various analyses; interviewed new hire candidates KEEFE, BRUYETTE & WOODS New York, NY ASSISTANT VICE PRESIDENT, EQUITY RESEARCH, FINANCIALS 2010-2012 ASSOCIATE, EQUITY RESEARCH, FINANCIALS 2008-2010 Promoted to AVP halfway through tenure due to exceptional job performance. Performed fundamental research of companies in the Exchange, Institutional Broker-Dealer and Online Broker sectors. Defended buy/sell ideas, and presented news and opinions of coverage universe to Senior Analyst, institutional clients and internal salesforce. (See addendum for coverage universe)  Responsible for the creation and development of stand-alone company operating models and valuation models with the goal of accurately forecasting economic expectations  Initiated company coverage through due diligence with company management and primary research, including $339 Million Chicago Board Options Exchange (CBOE) IPO  Developed networks of professional contacts including company executives, consultants and institutional investors Page 1 of 2  Traveled to visit companies, attend industry conferences and tour operations to gain insight into competitive and financial trends and form investment conclusions  Managed the due diligence process by interviewing company management teams, analyzing SEC filings, company releases, trade publications and other sources  Trained junior associates, as well as directed and edited their contribution to production  In-process of launching lead coverage on FX brokers  Covered sector as acting head analyst while Senior Analyst was on maternity leave THE GOLDMAN SACHS GROUP, INC. New York, NY ANALYST, GLOBAL INVESTMENT RESEARCH, FINANCIALS 2007-2008 Performed financial modeling and fundamental analysis of companies in the Mortgage and Commercial Finance, Student Lending, Credit Card, Tax Preparation, and Aircraft Leasing sectors. (See addendum for coverage universe)  Secured internal data from the National Realtors Association for in-depth analysis on the California housing market  Analysis of Washington Mutual’s bank branches resulted in Sell recommendation due to heavy concentration in delinquent mortgage regions  Participated in $17.9 Billion Visa IPO, largest in U.S. history; as well as secondary offerings GANNETT WELSH & KOTLER Boston, MA EQUITY RESEARCH ASSOCIATE 2005-2007  Supported Portfolio Manager and Senior Analysts in managing $1.5 Billion in AUM using a core strategy by analyzing small- and mid-cap companies  Generated investment ideas through creation of Factset and Bloomberg equity screens THE BOSTON STOCK EXCHANGE FLOOR SERVICES COORDINATOR  Met and exceeded expectations in a fast-paced, high-pressure trading environment Boston, MA 2004-2005 EDUCATION BACHELOR OF ARTS Bates College 2004 Lewiston, ME Financial Accounting Harvard Extension School 2005 Cambridge, MA CERTIFICATES & LICENSES Chartered Financial Analyst (CFA) FINRA Series 7, 63, 79, 86, 87 INTERESTS & ACTIVITIES Farsi and French Volunteer: Home for Little Wanderers, Boston Cares Backcountry skiing, golf, kayaking, tennis, squash, hiking, road & mountain biking, chess, backgammon Page 2 of 2