Cashen Crowe

PRESIDENT

From Franklin, Tennessee, Cashen is a junior majoring in Finance. He completed the TCMS Academy in Spring 2025 and has gained experience in investment banking and investment research through internships with XLCS Partners and Deep Knowledge Investing. Cashen currently serves as a Junior Bloomberg Analyst in the Masters Investment Learning Center and as a McClain Torch Fund Manager. He is also an officer in the Tennessee Investment Group and a member of the Chancellor’s Honors Program.

In Summer 2027, Cashen will join Lazard’s Technology & Industrial Software M&A team in Charlotte, NC, as a Summer Analyst.

Scotty Brown — President of Volunteer Capital

Scotty Brown, from Chattanooga, Tennessee, is a Senior Finance major. He joined TCMS in 2024 and previously served as President of TCMS. He has completed internships in finance and government, including as an Investment Banking Summer Analyst for Pinnacle Financial Partners in Charlotte, NC and as an intern at the U.S. Senate in Washington, D.C. Scotty is currently the Student Co-Director and a Senior Bloomberg Analyst in the Masters Investment Learning Center, as well as the Co-President of Tennessee Investment Group (TIG). He previously served as a Haslam Torch Fund Manager and is part of the Haslam Leadership Scholars and Haslam Business Fellows programs. Last summer, Scotty was a Summer Analyst with the Mid-Cap Investment Banking team at J.P. Morgan in New York, where he’ll be returning full-time following graduation.

Dhrumil Patel — Vice President

From Chattanooga, Tennessee, Dhrumil is a Junior Finance and Accounting major. He joined the TCMS Academy in Spring 2025. Dhrumil has gained experience through numerous internships including a summer analyst role with Angle Oak Capital, private equity internship with ACatalyst Capital, accounting internship with Steam Logistics, and equity research with Stanton Research Group. On campus, he is also involved with the Heath Integrated Business & Engineering program. In Summer 2027, he will join Roark Capital in Atlanta, GA as a Private Equity Summer Analyst.

Winter Biel — Junior Advisor

From Brentwood, Tennessee, Winter is a Junior Finance major. She joined the TCMS Academy in Spring 2025. Winter has gained experience as a Private Credit Summer Analyst with Victory Park Capital, a Summer Investment Banking/Private Equity Advisory Intern at Praxess and participating in the Balyasny Asset Management Stock Pitch Competition. Currently, she is a Junior Bloomberg Analyst in the Masters Investment Learning Center, a Haslam Leadership Scholar, an Officer for the University of Tennessee Investment Group and Women in Finance and is involved in Delta Sigma Pi & Kappa Delta. In Summer 2027, she will join Bank of America as an Investment Banking Summer Analyst in New York.

Isabella Leonard — Junior Advisor

From Grosse Pointe Park, Michigan, Isabella is a Junior Finance and Accounting major with a Business Analytics collateral. She joined the TCMS Academy in the Fall of 2025. Isabella has gained experience through her role as an Investment Banking Summer Analyst with Donnelly Penman & Partners, a Venture Capital Extern with HP Tech Ventures and as an Accounting Assistant at Donnellon and Donnellon Corporation. She serves as Vice President of Finance for Kappa Delta, is a member of both Order of Omega and Women of Haslam and is involved in other finance organizations on campus. In Summer 2027, Isabella will join Goldman Sachs in Dallas, TX as an Investment Banking Summer Analyst in the Commercial Real Estate group.

Jamison Arthur — Senior Advisor

From Brentwood, Tennessee, Jamison is a Senior Finance and Accounting major. She joined TCMS in Fall 2024. Jamison has completed internships in both finance and healthcare, including as a Portfolio Valuation Intern with Kroll, a Finance Operations Intern at Spectrum Healthcare Resources, and as an Extern for Colton Alexander. She currently serves as a Senior Bloomberg Analyst in the Masters Investment Learning Center, is an active member of the Haslam Business Fellows and Chancellor’s Honors Program, and holds leadership roles in Women in Finance and the University of Tennessee Investment Group. She plans to pursue a career in high finance, focusing on asset management or investment research.

Daniel Carlucci — Senior Advisor

From Clark, New Jersey, Dan is a senior majoring in Finance. He joined TCMS in Fall 2024 and has since gained experience across investment banking, corporate finance, and investment management through internships with DG Capital Management, the London-based LMP Group, and Miura Global Management. At Miura Global, he focused on investment analysis within the digital entertainment industry and generating new investment ideas. Dan will return to Miura Global this summer to continue his work covering the digital entertainment industry. Outside of TCMS, Dan is a Junior Bloomberg Analyst in the Masters Investment Learning Center, a Greg and Lisa Smith Global Leadership Scholar, and is involved with the University of Tennessee Investment Group. He also serves as President of the Financial Management Association.

Lucas Heifner — Vice President of Operations

From Nashville, Tennessee, Lucas is a Senior Finance major and previously served as VP of Operations for TCMS. He joined the TCMS Academy in the spring of his freshman year. He has gained experience in the capital markets by completing several internships, including as a Private Equity Analyst-Intern at El Toro Capital Management and an Equity Research Summer Analyst for Thompson Research Group. Currently, he is a Senior Bloomberg Analyst in the Masters Investment Learning Center, and is also involved in the University of Tennessee Investment Group and the Financial Management Association. In Summer 2026, Lucas was a Summer Analyst with Lazard’s Technology & Industrial Software M&A team in Charlotte, NC.

Josh Sievers — Senior Advisor

From Jackson, Tennessee, Josh is a Senior Finance major and previously served as VP of Development for TCMS. He joined TCMS in 2024 and has completed internships in equity research and private equity, including for Greater Sum Ventures. He joined the investment banking team at XLCS Partners in Summer 2025 and is currently a Senior Bloomberg Analyst in the Masters Investment Learning Center as well as an officer in the University of Tennessee Investment Group, and part of the Haslam Business Fellows Program. In Summer 2026, Josh was a summer analyst with th Jefferies’ TMT team in Charlotte, NC.

Dr. Michael Yates

Dr. Yates is a clinical associate professor of finance in the Haslam College of Business at the University of Tennessee. He received his Ph.D. in Finance at the University of Texas at Austin in 2007 and has previously held the position of clinical assistant professor and faculty director of the MS Finance program at Georgia State University and assistant professor at Auburn University. His labor economics paper “Strike Three: Discrimination, Incentives and Evaluation” was published in the American Economic Review and has been cited in the New York Times, USA Today, Time.com and elsewhere.

Dr. Phillip Daves

Dr. Daves received a Ph.D. in Business Administration (Finance) at the University of North Carolina at Chapel Hill, and is an Associate Professor in the Department of Finance at The University of Tennessee. His research, teaching, and consulting interests are in asset pricing, derivative securities, firm valuation, and corporate finance. He has published academic research papers in such journals as The Journal of Finance, Applied Financial Economics, The Financial Review, and The International Journal of Finance.