University Growth Fund adds third office in Atlanta
The University Growth Fund (UGF), the largest student-run equity fund in the country, has expanded its operations to Atlanta, home to 26,000 college and university students of color.
With more than $65 million in assets under management from several institutional investors, UGF gives university students the opportunity to gain real-world experience as they invest alongside top-tier investors in many of the best companies in the country. UGF typically has about 40 student associates from 12 universities in the program each semester.
Ally Financial has been a major supporter of UGF, serving as the lead investor in the original fund (2014) and second fund (2020) with $25 million in total investment. The company has also funded scholarships and other grants.
With the addition of Atlanta, UGF now has offices in a third city, joining Salt Lake City and San Diego.
Click here to learn more about the plans for Atlanta.