History

In 1993, three Maryland MBA students, with the guidance and encouragement of then-Business School Dean William Mayer, created a student-managed portfolio known as the Terrapin Fund. Established with a contribution of $250,000 from the College of Business and Management Foundation, the Fund has grown, through outside contributions and healthy returns, to more than $850,000 in September 1999 and more than $1.2 million in September 2006. In May 1999, Dean Howard Frank announced that, in recognition of Dean Mayer's commitment to the Fund, it be renamed the Mayer Fund.

The Robert H. Smith School of Business is committed to the continued growth of the Mayer Fund, both through appreciation and through designated contributions. Work on the Mayer Fund provides Maryland MBA students with in-depth financial analysis and investment experience. The Fund also contributes to the MBA program's national reputation for innovation and quality.

The Mayer Fund is managed by a select group of second-year, full-time MBA students. These students are selected by their predecessors during the spring semester each year. Reflecting the diversity of the business school's student body, Mayer Fund students come from a variety of educational, professional, and cultural backgrounds.