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.

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.

The Origami Idea Challenge

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An Investment Strategy Throw Down(May The Best Idea Cash In.)

Make your ideas make a difference, make a mark, and–oh, yes–make money.

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

*Up to three additional ideas from each division may advance to the Final.

Submit your investment idea at OrigamiChallenge.com by 11:59:59 PM ET on February 11, 2013.

Judges may send you written questions by March 11, 2013. Your responses to questions are due on 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*.

FinalSubmit Final entries by 11:59:59 PM ET on April 29, 2013.

Judges may send written questions with your responses due in 5 business days.

Final round winner will be selected by May 27, 2013 and awarded $50,000!

Participants may be offered the opportunity to work for Origami as partners or employees You can still pursue your idea independently if you submit it in the challenge

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The Big Wig JudgesJudges will include luminary investors:

The Timeline

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.

Richard Elden

founder of Grosvenor Capital

Management, a $20 billion

investment firm

Thomas Elden

Origami Capital Principal

Jeffrey Young

Origami Capital Principal

NOV. 5

Registration opens and you may begin submitting entries

*11:59:59 PM ET 2013

FEB. 11*

Deadline to submit entries(by midnightEST)

MAR. 11*

Deadline for judges to ask questions in writing

APR. 1*

Written responses from participants due

APR. 8

Semi-FinalPrize ($10,000/ division) awarded

APR. 29*

Deadline to submit final entries(by midnight EST)

MAY. 27

Final prize ($50,000) awarded

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Frank Meyer

founder of Glenwood Capital

Investments, now part

of the $50 billion Man Group

Tom Ricketts

Chairman of the Chicago Cubs and Chairman of

Incapital LLC

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:

So What’s The Big Idea (Specifically?)

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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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.

Example IdeasWe 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.

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Executive Summary (1 page

maximum)

Description of the investment

strategy

Supporting research and

examples

A description of the idea’s weaknesses

and how they may be

addressed

Guidelines for a Powerful SubmissionEntries should outline the investment strategy and include supporting research and examples. Entries should not exceed 5 pages and should include:

1 2 3 4

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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

fill out the registration page on

OrigamiChallenge.com

Submit your pdf file

(No larger than 3MB)

If you have another brilliant idea,

repeat!

How will my idea be evaluated?

Risk/reward profile

Does the idea address a

sizable problem or involve an

important insight?

Does the reward

adequately compensate

the risk involved?

Are assump-tions backed by research?

Is it possible and

relatively simple to

execute the strategy?

ExecutabilityIdentifying a problem or

insight

Quality of research

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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.

A great idea doesn’t care who had it (but we do.)