Qualifications for Executive-Level Management
25 years of experience as an investment professional: Fortune 50 retirement plan sponsor; corporate treasury executive; and founder of
three investment advisors, a broker/dealer and a mutual fund family. An entrepreneur and a visionary by heart; with the analytical,
decision making and communication skills to help lead people and build businesses. Experienced as CEO of seven companies; CFA;
and securities licenses.
Highlights Executive Leadership
- Leveraged corporate assets and relationships to found Caterpillar Investments, Caterpillar Securities and The Preferred Group of Mutual Funds for Caterpillar Inc.
- First non-officer to serve as member of Caterpillar Inc. pension fund committee.
Revenue Enhancement
- Utilized vision, strategic planning and tenacity to initiate Caterpillar Investment Management Ltd. (CIML) with no staff, start-up capital, or assets and lead CIML to $2 billion in assets with a staff of 17 professionals in seven years.
- Grew revenues and profits from start-up to $12 million and $5 million respectively.
Operations Improvement
- Performed the first internal management of Caterpillar Inc. pension assets.
- Created a “turnkey” 401(k) product and provided plan and institutional customers nationwide with award winning employee communications and educational materials.
- Designed and implemented a proprietary sub-advisor evaluation process (AEGON).
Employment History
4Hope Investment Management LLC - Present
CEO
Currently offering contracted services for: investment and business consulting; research, analysis, strategic planning, sales,
marketing, product design and corporate and investment fund board positions. Also creating a low risk mutual fund and
hedge fund strategy to rotationally invest in commodity futures through all market cycles.
alphaPartners Investment Management LLC - 2003-2004
CEO
Co-founder of start-up investment company dedicated to developing better hedge fund strategies and other alternative investment
solutions for the pension marketplace “as if the plan sponsor were creating it for themselves”. Presented smart-index concept to
the NYMEX birthed from influence and consultations with Harry Markowitz in seeking an “efficient portfolio” of commodities.
(current 4Geneses hedge fund project)
Endeavor Management Company / AEGON, USA - 1999-2001
CEO / President
Proposed and implemented a master trust concept to consolidate and synergize AEGON’s numerous investment trusts nationwide
following AEGON’s 1999 acquisition of Endeavor Management Company. Also ensured all SEC, NASD, and 1940 Act compliance
as Chief Compliance Officer.
Endeavor Management Company, Endeavor Group, Endeavor Series Trust - 1998-1999
Executive Vice President
Originally hired to be right hand man for private owners. Responsible for the investment program for a $3 billion variable annuity
trust, including performance analysis, hire/fire recommendations, and new product creation. Directed and supervised all
administrative relationships for the trust and board of trustees.
Caterpillar, Inc., Peoria, IL - 1973-1996
The Preferred Group of Mutual Funds (Cat sold $3B PG assets to T Rowe Price in 6/06) - 1991-1996
Chairman / CEO / President
Created mutual fund family from “idea to inception date” in less than one year. Selected all sub-advisors, service providers and the
Board of Trustees. Managed all external relationships and directed the portfolio management of two Preferred Group funds in-house.
Grew mutual fund assets to $1.4 billion (total assets 2B) in five years.
Caterpillar Securities Inc. - 1989-1996
CEO / President
Maintained pristine audit and regulatory record. Developed staff to manage NASD “blue sky” registration for distribution of mutual
funds in 50 jurisdictions. Clean U4.
Caterpillar Investment Management Ltd. (CIML) - 1989-1996
CEO/President
Created product: separate accounts, private placement, and mutual funds. Performed all institutional sales and service initially,
then hired and trained a regional sales and customer service staff. Led the development of all marketing materials, videos, ads,
and strategies. Built accounting, auditing, compliance functions and LAN.
Caterpillar Pension Fund/CIML - 1988-1996
Chief Investment Officer/Portfolio Manager
Devised strategies, managed portfolios, and assembled staff to manage $600M in assets internally including equity index funds,
insurance reserves and bond funds. Experienced in trading, company financial analysis, qualitative research and selection.
Caterpillar Pension Fund - 1987-1996
Plan Sponsor/Pension Executive
Joined Caterpillar Inc. Treasurer, CFO and Vice-Chairman in managing $10 billion in pension, group insurance, and savings
plan assets. Participated in hundreds of investment manager reviews and led hire/fire analysis and recommendations. Widely
versed in all equity, fixed income, real estate, private equity, venture capital and alternative investment strategies. Have the
unique experience of having been on “both sides of the investment table” while simultaneously wearing multiple corporate hats.
Manager of Investments Research & Analysis of Investment Managers - 1988-1990
Benefit Funds Administrator - 1987-1988
Cost control and admin modernization.
Education
Bachelor of Science, Finance, Bradley University, Magna Cum Laude - 1986
NASD Series 7, 24, 63, 65 (held for over 10 yrs, currently inactive) - 1989
Chartered Financial Analyst (CFA) - 1992
Personal
Interests: basketball, hiking, cycling, fitness/nutrition, benevolence (1997 and 2002 mission trips to Haiti)
Dream: building a combination business (4Hope Investment Management), and a ministry (The 4Hope Foundation)
(Legal name change in 2003, from P. Michael Pond to Michael Dean Monroe Summers, due to DNA test results –
documentation available)
