Who can join?
Partnership in Plymouth Court is open to alumni and faculty of the University of Chicago Booth Executive MBA Program. Prospective partners are invited to attend one our meetings to meet current partners, enjoy drinks and dinner with us, and to participate in our discussions. Should a prospective partner wish to join the partnership, we ask for an initial investment of $1,000 plus the additional minimum investment of $100 per meeting (or $600/year) to remain active in the partnership.
How are we structured?
The business of Plymouth Court Associates is conducted in accordance with its articles of partnership. Officers are elected annually and include a senior partner and a partner-elect, as well as a treasurer, assistant treasurer and secretary. The senior partner appoints rotating Portfolio and New Investment Committees for each of the bi-monthly meetings. The Portfolio Committee reviews the current portfolio and makes recommendations to sell or add to current holdings. The New Investment Committee researches and identifies new investment opportunities to be considered by the partnership. Trades are executed by an outside securities firm whose representative attends all meetings and serves as an advisor to the committees.
In accordance with its charter, the partnership’s investments are limited to equity securities, and/or bonded debt of publicly traded companies, and/or domestic government debt instruments. In practice, the club invests primarily in mid- and large-cap stocks with long-term growth potential. Purchases on margin or short-selling are not allowed.
Where and when do we meet?
Meetings are usually held in the Midway Club at the Gleacher Center, 450 N. Cityfront Plaza Drive, Chicago, IL 60611. Meetings are scheduled for the third Wednesday of every odd month of the calendar year. Bi-monthly meetings include a pre-meeting social hour beginning at 5:00 PM. The working dinner/meeting takes place at 6:00 PM. Meetings generally last about 2 – 2-1/2 hours.