Wharton Investment Network (WIN)

 

Chairs:
Florin Armenciu, WG'13
Thomas Fekete, WG'16

The Wharton Investment Network (WIN) is a transaction-focused organization within the Wharton Club of New York (WCNY). The Wharton Investment Network (WIN) exists to facilitate transactions between Wharton-affiliated Private Equity and late stage Venture Capital professionals and Wharton-affiliated companies seeking capital by hosting investment forums on a periodic basis. In addition, WIN maintains a data room of investment opportunities that can be accessed at any time. The goal is to provide investors with access to a pool of candidates for investment while making the funding process much more efficient and streamlined for both sides. WIN is inviting companies that are beyond the start-up phase and are in search of traditional venture capital/private equity investment and investment professionals to participate in this group.

Benefits of WIN Membership
Benefits of Membership include becoming a part of the venture capital and private equity Wharton network in the New York City area, access to proprietary deal flow, opportunity for investment by fellow Wharton alumni, as well as exposure to multiple industries, sectors and experts.

Events
Events hosted by WIN are by invitation only and are limited to WIN members in good standing. Members must be pre-screened for qualification and have a paid WCNY membership. The opportunities presented at the forums will be the portfolio companies vetted through WIN. The WIN will organize events on a monthly basis and maintain an online data room of deal opportunities.

Investment Criteria
Investment Criteria for investment opportunities will include type of business, industry background, investment specifics, stage of business (early stage, high growth, late-stage/operating), type of capital being sought (growth capital, mezzanine, buyout), sources and uses of capital, and basic financial information (revenues, COGS, EBITDA, interest expense, capex for the last 3 years). Additionally, a Wharton alumnus must be involved in the investment opportunity, either as an owner, within a C-level position, a significant shareholder or as a principal investor.

Membership
Membership of WIN is restricted to Wharton alumni, including those from the undergraduate, MBA, and executive education programs. These individuals must be actively seeking investment opportunities directly in privately held companies or individuals who are principals in companies seeking investment capital. To make investments, members must be accredited investors. Members must also be paid members of the Wharton Club of New York. To become a WIN member as a VC/PE investor, please send the following information to WIN@whartonny.com:
 
  • Name.
  • Name of fund/organization.
  • Wharton graduation program and year.
  • Affirmation of accredited investor status, if intending to commit capital.
  • Brief description about your current activity in venture capital and/or private equity or company Basic investment criteria, including industries, geographies and deal size parameters, if intending to commit capital.

For companies, please email WIN@whartonny.com and include the following information:
 
  • Name
  • Name of company
  • Wharton graduation program and year
  • Brief description of the business
  • Stage of business (early stage, high growth, late-stage/operating)
  • Type of capital being sought (growth capital, mezzanine, buyout)
  • Sources and uses of capital
  • Basic financial and returns information

Investment opportunity evaluation process will be as follows:
 
  1. WIN members seeking capital submits business proposal and detailed investment opportunity outline, based on Investment Criteria above, to WIN Board of Directors via online submission process;
  2. If investment opportunity is determined to be meaningful to present to members/meets investment criteria for potential investment, originating member will be required to compile information to present at investor forum/post in online data room;
  3. On a quarterly basis, meetings will take place during which deal-originating members present investment opportunities to the WIN group. Should the timing not be optimal for a particular investment or the backlog of deals prove to be excessive, an online data room will be established where approved investment opportunities are posted for evaluation by group members;
  4. To the extent it is determined necessary and appropriate, interested potential investors will sign a confidentiality agreement with the target entity for additional data/information;
  5. Members will evaluate opportunities and make investment decisions and agreements directly with the target company.
All investment opportunities will be tracked in a database to be maintained by WIN.

Frequently Asked Questions:

How does WIN differ from the Wharton Angel Network (WAAN) and the Wharton Private Equity Affinity Group (WPEAG)?
Unlike the Wharton Angel Network (WAAN), which focuses on facilitating transactions between early-stage companies and individual angel investors, the Wharton Investor Network consists solely of executives of established companies with at least ($10 million in annual revenue and 3 years operating history) and decision-makers of PE/VC firms with available capital.

Where the Wharton Private Equity Affinity Group (WPEAG) provides networking and knowledge sharing among private equity professionals, the Wharton Investor Network (WIN) focuses solely on facilitating transactions between companies and PE/VC firms.

Whom is membership open to?
Membership is restricted to Wharton alumni, including those from the undergraduate, MBA, and executive education programs. These individuals must be actively seeking investment opportunities directly in privately held companies or individuals who are principals in companies seeking investment capital. To make investments, Members must be accredited investors. Members must also be paid members of the Wharton Club of New York.

To become a WIN member as a PE/VC professional, please send the following information to WIN@whartonny.com.
 
  • Name
  • Name of fund/organization
  • Wharton graduation program and year
  • Affirmation of accredited investor status
  • Brief description about your current activity in venture capital and/or private equity or company. Basic investment criteria, including industries, geographies and deal size parameters, if intending to commit capital.
For companies, please email WIN@whartonny.com and include the following information:
 
  • Name
  • Name of company
  • Type of business
  • Stage of business (early stage, venture, late-stage/operating, etc.)
  • Type of capital being sought (growth capital, minority stake, buyout, etc.)
  • Sources and uses of capital
  • Basic financial and returns information
A Wharton alumnus must be involved in the investment opportunity, either as an owner, within a C-level position, a significant shareholder or as a Principal.

Are PE/VC professionals allowed to present investment opportunities in portfolio companies to the WIN?
Yes. If you are a VC/PE professional with a portfolio company available for sale or seeking capital, you may present it through the Wharton Investor Network.

How can I volunteer for the WIN?
Interested volunteers should contact Gabriela Sanchez and WIN@whartonny.com providing contact information, indicating which volunteer position is of interest and explaining their enlightened self-interest in serving the Club. Once the submission is received, the applicant will be contacted by one of the Club's volunteers. The Club expects that each selected volunteer will treat this volunteer job as seriously as a professional job and recognize that it is an extension of his or her professional world.