Students Success Stories | Apr 06, 2020 | Gabelli School of Business
Abhishek Agrawal (MS ’19) Accepts Position as Equity Research Intern at Sutton Place Capital Management
By Marianne Fulgenzi
Once a waiter at London’s Mayfair Hotel in 2013, Abhishek “Abi” Agrawal, GABELLI ’19, would collect the business cards of professionals from top companies that he served, thinking that perhaps one day, he might be passing his own business card onto another aspiring young professional.
Now, he is closer to making that dream a reality.
As an equity research intern at Sutton Place Capital Management, Agrawal is currently part of a small team of equity analysts. Among his responsibilities: creating content for the firm’s research publications and sourcing investment ideas for the preferred sectors. Sutton Place Capital has an asset size of nearly $30 million, mainly focused on large-cap growth plus income stocks.
Agrawal analyzes daily sell-side reports, participates in due diligence calls with the Investor Relations team, produces and maintains the finance model for portfolio companies and creates and updates the earnings call calendar for Sutton Place equity securities. He also handles write-ups based on what was discussed during earnings calls.
He first learned about the internship through the career service resume book and applied. Through networking events, he met an analyst who worked at Sutton Place and provided a reference. Subsequently, he had an opportunity to interview with the firm’s CIO/portfolio manager and was offered the position.
“The Gabelli School provided me tons of opportunities to participate in global competitions within different branches of finance,” Agrawal said. “This definitely helped prepare me to succeed in my career in asset management.”
For example, he was a co-founder of the Private Equity & Venture Capital Club and Vice-President for the newly found South Asian Business Association. He also represented Fordham at the CFA Research Challenge 2019, where participants conducted equity research then presented their pitch before some of the industry’s most renowned professionals. Agrawal learned how to build financial models and apply theoretical knowledge onto these models to write an equity research report that provided recommendations on a specific stock.
Agrawal also credits the “unprecedented access to Fordham’s management”, who relentlessly assisted in providing the best services and opportunities.
Ultimately, Agrawal has his sights set on becoming a portfolio manager for equities, specializing in the healthcare industry, but he doesn’t want to be restricted to one asset class.
Reflecting back on his time in London, Agrawal describes his experience there as “the only opportunity for me to prove myself in my own eyes, which is still the case and perhaps will be all my life.”