Marshall A. Holmes

646-***-**** *** South Clark Street, Chicago, IL, 60605 adcs3a@r.postjobfree.com

EXPERIENCE

DELFF Management Ltd, Credit Focused Asset Management Firm (AUM €500M) London, United Kingdom Intern Credit Analyst April 2018 – July 2018

• As part of a team of three analysts and a Senior Portfolio Manager, analyzed credit quality of debt issuers & borrowers of leveraged loans. Analyzed company data, attended lender meetings, reviewed financial statements, and due diligence reports.

• Conducted due diligence on companies’ business plans by constructing 3-statement models, projecting multiple scenarios, analyzing free cash flow, reviewing the capital structure, and reviewing the ability of management teams ability to meet plans.

• Wrote investment memos that analyzed the investment opportunity, portfolio fit, and macro-economic outlook

• Selected transaction experience:

• Reviewed a potential investment into a 1st Lien Term Loan with a face value of €485M for a €980M LBO of a multinational insurance brokerage firm. Recommended investing in the Term Loan B proposed.

• Reviewed an investment into a 1st Lien Term Loan with a face value of €335M with the purposes of refinancing & funding a proposed €112M M&A transaction for multinational plastic packaging firm. Successfully allocated funds. QUMMIF (Queen Mary University of London Investment Fund) London, United Kingdom Lead Equity Research Analyst November 2017 – July 2018

• Advised by hedge fund professionals and business school academics, was part of a team of four who evaluated research reports written by teams of student-analysts to make buy/hold/sell decisions on stocks for inclusion in a university fund.

• Built Markowitz mean-efficient frontier, risk-parity and back-testing models to allocate funds across equities, bonds and commodities ETFs.

• Monitored stock price movements and was involved in trading decisions when meaningful price targets were reached.

• Tracked and reported to the student-analyst teams the portfolio’s performance on a weekly basis. Kerburn Rose (USA) LLC, Middle Market Boutique New York, NY Investment Banking Analyst January 2015 – August 2017

• Analyzed SEC Filings, built detailed flexible scenario-based financial models, including M&A accretion/ dilution models, LBO models, DCF valuations, comparable company analyses and supporting schedules.

• Authored pitchbook memorandums, conducted extensive due diligence and assisted in authoring in offering memorandums.

• Supervised interns on several projects in multiple industries including Specialty Chemicals, Biotech and Paper & Packaging.

• Selected transaction experience:

• Advised private equity firm considering $117M LBO of a multinational Aerospace & Defense Company. Analysis yielded valuation between $95.9M - $124.7M; base case returns analysis yielded 30.6% IRR based on a 12.5x EBITDA multiple

• Reviewed strategic considerations for a distressed Metal Fabrication Company. Analysis yielded an implied enterprise value range of $392M – $588M based on a multi-scenario LBO analysis, DCF and comparable transactions. EDUCATION

TECHNICAL SKILLS & INTERESTS

Technical Skills: Bloomberg, Thompson Reuters, Capital IQ, Microsoft Office, & LCD News Interests: Travel (Cambodia, Germany, Benelux, Hungary, Croatia, Italy, Turkey & Greece), Basketball, Football, & Martial Arts MSc Investment & Finance, Queen Mary University of London December 2018 Relevant Coursework: Asset Management Bond Market Strategies Strategic Asset Allocation Awards: First place in an equity research contest (long MSFT), involving a stock pitch to a panel of industry professionals Societies: Member of Queen Mary Trading & Investment Society, Poker Society, & Chess Society Bachelor of Arts in Economics & Political Science, Elon University January 2014 Honors: Presidents List (Spring 2012, Fall 2012, Spring 2013 & Fall 2013) Relevant Coursework: Financial Accounting Money & Banking Econometrics Leadership Experience: Head Content Editor Fed Challenge, Treasurer North Carolina Student Legislature