Paurana Capital is the University of Toronto’s premier buy-side investment club — structured like a student-run hedge fund and focused on institutional-grade research, real-money portfolio management, and discretionary trading.

We publish high-conviction equity research — including short theses — on public companies and manage a live portfolio funded by the founder’s capital. Our operations mirror those of real hedge funds, with sector coverage teams, formal trade proposal processes, and a performance-driven culture. Paurana is where future investors, portfolio managers, and capital allocators are made.

Members can expect:

• In-depth education on long/short equity, derivatives, and market catalysts

• Exposure to fundamental, macroeconomic, and technical research methodologies

• Guest speaker events with hedge fund managers, traders, and research analysts

• The opportunity to contribute to real research reports and trading strategies

• Access to simulated and live trading competitions, tools, and sector teams

Whether you’re aiming to break into the buy side or build something of your own, Paurana Capital offers a rare opportunity to learn, execute, and grow — in an environment that demands excellence.