The document describes an investment idea challenge hosted by Origami Capital Partners to source innovative investment strategies. It awards $130,000 in total prizes, including $50,000 for the best overall idea. Participants can submit ideas in eight divisions and have the opportunity for their ideas to be funded or to work with Origami. The challenge seeks new approaches to niche investment areas that provide a competitive advantage. Successful submissions will address a sizable problem, have a balanced risk/reward profile, and be executable.

1. About the Challenge About Origami Capital Partners
The Origami Idea Challenge
An Investment Strategy Throw Down
(May The Best Idea Cash In.)
Origami Capital Partners believes innovative investment ideas
can come from anywhere (maybe from you.)
Enter the Origami Idea Challenge to see how you measure
up against some fierce competition and get your ideas in
front of investment management big wigs. Plus, we are
awarding $130,000 in cash prizes.
Make your ideas make a difference, make a
mark, and–oh, yes–make money.
A lot can grow from a great idea. Like your career. And our
company. That’s why Origami is launching this challenge. The
Origami Idea Challenge is all about investment innovation.
We seek to find the talent and inspiration that lead to brilliant
new business strategies. Together, we can change the face
of thoughtful and creative investing.
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2. About the Challenge About Origami Capital Partners
Someone’s sitting in the shade today because someone
planted a tree long ago.
–Warren Buffett
The Challenge
Eight divisions comprised of six of the world’s top ranked
universities, including Harvard University, University
of Pennsylvania, Columbia University, University
of Chicago, London Business School, Indian School of
Business; one Open Student division; and one Open
Professional division will compete in two rounds:
Semi-Final Final
Submit your investment idea at Submit Final entries by 11:59:59 PM ET on
OrigamiChallenge.com by 11:59:59 PM ET April 29, 2013.
on February 11, 2013.
Judges may send written questions with your
Judges may send you written questions by responses due in 5 business days.
March 11, 2013.
Final round winner will be selected by May 27,
Your responses to questions are due on 2013 and awarded $50,000!
April 1, 2013.
Semi-Finals winners from each division
will be awarded $10,000 on April 8, 2013
and will (along with a few others*)
compete in the Final round*.
Participants may be offered the opportunity to
work for Origami as partners or employees
*Up to three additional ideas from
each division may advance to the Final. You can still pursue your idea independently
if you submit it in the challenge
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3. About the Challenge About Origami Capital Partners
What Are The Prizes For Winning?
Origami is awarding $130,000 in prizes. The Final round
winner will receive a $50,000 cash prize and could
receive a consulting contract or an employment
opportunity with Origami Capital Partners. Each of the
8 division winners will receive a $10,000 cash prize,
and entry into the Final round.
The Big Wig Judges
Judges will include luminary investors:
Richard Elden Frank Meyer Tom Ricketts Thomas Elden Jeffrey Young
founder of founder of Chairman of Origami Capital Origami Capital
Grosvenor Capital Glenwood Capital the Chicago Cubs Principal Principal
Management, Investments, and Chairman of
a $20 billion now part Incapital LLC
investment firm of the $50 billion
Man Group
The Timeline
NOV. 5 FEB. 11* MAR. 11* APR. 1*
Registration opens Deadline to Deadline for Written
and you may begin submit entries judges to ask responses from
submitting entries (by midnight questions in participants due
EST) writing
APR. 8 APR. 29* MAY. 27
Semi-Final Deadline to Final prize
Prize ($10,000/ submit final entries ($50,000)
division) awarded (by midnight EST) awarded
*11:59:59 PM ET 2013
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4. About the Challenge About Origami Capital Partners
So What’s The Big Idea (Specifically?)
What Types of Ideas are We Looking For?
First, some background.
Historically, Origami has been a buyer of hard-to-sell assets and a provider of liquidity. To
date, Origami has provided capital to sellers of illiquid investments who wanted money
immediately; Origami's strategy has been to wait patiently for recovery of value in these
illiquid investments. That is "old news.” We want you to make the next HEADLINES.
Niche is our sweet spot.
Origami has sought to invest in niche areas, where few others have been investing. With
these ideas in mind, we have avoided venture capital (i.e., funding a new technology or oper-
ating business), leveraged buyouts, private lending, or outright purchases of real estate or
commodities. In our view, these are areas where there are many talented, well-capitalized
investors. However, we could be interested in these areas if a novel approach or circum-
stance yielded a competitive advantage.
Market insight is key.
We like different, unconventional, and “crazy” ideas. Origami’s current investment focus,
purchasing secondary interests in hedge funds, was an application of an old idea (secondary
purchases) to a new area (hedge funds). There may be other opportunities to apply old ideas
to new areas, new ideas to pre-existing strategies, or completely new ideas involving new
markets. Typically, a good idea should solve a legitimate problem. Also, some of the most
successful investment strategies historically have involved a key insight about the macroeco-
nomic environment.
Below Are Some Helpful Idea Guidelines:
1. Broadly defined, the investment opportunity should be
large enough to absorb $100 million of capital and last at
least a year. Investments can include any asset class or
geographical location.
2. We are seeking repeatable types of investments, as
opposed to a specific asset purchase opportunity that will
change quickly. For example, we would consider buying
properties from the Resolution Trust Company in 1989 to be a
strategy, (great idea!) but buying a specific public stock at
today’s price as a one- time “trade”(too specific).
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5. About the Challenge About Origami Capital Partners
Example Ideas
We are hesitant to provide examples, because we are
seeking ideas that may be entirely different from
anything we have contemplated. However, like you,
we are always thinking of new ideas. Here are a few
that were floated.
Problem: Some book publishers do a poor job of maximizing revenue from older
successful titles. Origami could purchase a share of the rights owned by authors
and publishers and work to license the asset in new ways to improve the total
dollars that it generates (think of Joy of Cooking line of cookware). Origami would
benefit from its purchase of the revenue stream and the sellers would benefit from
growth in their remaining interest, as well an upfront payment for their rights.
Problem: Some union contracts have imposed cost burdens on corporate employ-
ers that have hurt the employers’ solvency and made pension obligations hard to
meet. Similarly underfunded pension plans have put future retirees’ pension
payments in doubt.Origami could negotiate a three-way deal in which Origami
contributes capital to underfunded pension plans in exchange for wage and benefit
concessions from unions and a share of equity in the employer.
Guidelines for a Powerful Submission
Entries should outline the investment strategy and
include supporting research and examples. Entries
should not exceed 5 pages and should include:
1 2 3 4
Executive Description of Supporting A description
Summary the investment research and of the idea’s
(1 page strategy examples weaknesses
maximum) and how they
may be
addressed
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6. About the Challenge About Origami Capital Partners
Submission Example
This is example is for illustrative purposes only. Please do not let this example influence your
idea. Please Click this link to see the example pdf.
How to Submit
Enter your
email address and Submit If you have another
fill out the your pdf file brilliant idea,
registration page on (No larger than 3MB) repeat!
OrigamiChallenge.com
How will my idea be evaluated?
Identifying a Risk/reward Quality of Executability
problem or profile research
insight
Does the idea Does the Are assump- Is it possible
address a reward tions backed and
sizable problem adequately by research? relatively
or involve an compensate simple to
important the risk execute the
insight? involved? strategy?
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7. About the Challenge About Origami Capital Partners
A great idea doesn’t care who
had it (but we do.)
Am I still eligible if I attend a university not listed on this site? In what division would I compete?
Yes, anyone 18 years or older and a legal resident of the countries listed in the Official Rules may
participate. If you are a student, you may participate in the Open Student Division if your school is
not listed. If you are not a student, you may participate in the Open Professional Division.
Do undergraduates and graduate students compete in the same division?
What if I am an alumnus of an affiliated university?
Undergraduates and graduate students of affiliated universities will compete in the same division.
Alumni and professionals may only compete in the Open Professional division.
Can I submit an idea with other people?
Yes. You can submit an idea with your dream team of up to five team members. The person who
submits the idea will be awarded the prize if the idea is selected as a winner.
Can I submit more than one idea?
Yes, you may submit as many ideas as you can research and present effectively. Use the same e-mail
address to re-enter the site and to submit a second entry.
If I provide Origami with an idea, can I still pursue it independently?
Yes. Please see the Official Rules for details.
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