The Nittany Lion Fund

Penn State Students Managing Millions

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Assets Under Management


Job Placement Rate




Accredited Investors

Who We Are

The Nittany Lion Fund (NLF) is a student managed investment fund (SMIF) in Penn State’s Smeal College of Business, where each semester, 40 undergraduate students manage an equity portfolio of over $10 MM AUM for accredited investors. In conjunction, students participate in an educational curriculum about stock valuation and portfolio management, attend presentations from industry professionals about financial topics and career insights, and enter various stock pitch competitions. Since its inception in 2005, the Nittany Lion Fund has been an invaluable experience for students at Penn State.

Penn State Investment Association

The Penn State Investment Association (PSIA) is the feeder organization for the Nittany Lion Fund, where over 200 students meet to learn fundamental financial concepts.

Wall Street Job Placement

We have placed over 350 NLF alumni into prestigious financial institutions across the world since our inception in 2005.

Prospective Students

Penn State students are welcome to learn about NLF news, events, and opportunities.

Meet the team

The Nittany Lion Fund consists of over 50 Penn State students that manage our portfolio that covers all 11 sectors of the S&P 500 and serve in other leadership roles.

Check out our reports

Our monthly and annual reports include information about our current holdings, alumni updates, commentary on in-class visits, PSIA and Nittany Lion Fund updates, and more.

Nittany Lion Fund Initial Full-time Placements


placements of Nittany lion fund members

Let’s get in touch

We welcome inquiries from students, recruiters, and the general public