New Wave Capital

A Student-run Hedge Fund Launching Fall 2025 at The University of Michigan Ross School of Business

General Membership Form Analyst Application

$1,000 Pitch Competition

Our club simulates a real hedge fund—where members work in strategy desks (Quant, Macro, Long/Short, etc.) and present high-stakes investment pitches each semester. The top pitch wins a $1,000 cash prize.

Join a Strategy Desk

Work with peers in specialized desks to develop unique theses across asset classes.

Pitch Competitively

Deliver investment ideas backed by data, modeling, and an actionable hedge strategy.

Win Recognition

The strongest team each semester wins $1,000 and semester-wide distinction.

Who We Are

Founded by Michigan students with experience at firms like BlackRock and Morgan Stanley, we offer real-world exposure to hedge fund strategy through competitive collaboration and mentorship.

Our Philosophy

We believe that when stakes are high, people are intended to perform and learn better. We value freedom in investing, showing whatever it takes to surpass the S&P500.

Fall 2025 Recruitment Timeline

Key dates and events for joining New Wave Capital

BBA Meet the Clubs

September 2nd & 3rd
Ross School of Business
5:30–7:30 PM EST

Mass Meeting

September 7th
Ross Basement

Coffee Chats

September 8th – 25th

Application Deadline

Both General and Analyst Applications
Due September 25th at 11:59 PM EST

Interviews

1st & 2nd Round Interviews
Dates To Be Determined

Ready to Compete?

We're looking for bold thinkers and sharp investors. Are you in?

Apply for Fall 2025

Contact Us

We’d love to hear from you. Connect through any of the platforms below.