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Furat Zomay
Investment Analyst at Municipal Employees' Retirement System of Michigan
About
Furat Zomay, CFA, is an Investment Analyst at MERS of Michigan, based in Detroit. In his role, he conducts research and analysis supporting senior investment officers and portfolio managers, with direct responsibilities for the monitoring and selection of external investment managers and portfolio management tasks. His focus spans both fixed-income and equity portfolios, and he provides operational and compliance support as well as supplementary analysis for the private markets team.
Prior to joining MERS as a full-time analyst in 2019, Furat completed the firm's internship program and previously interned with State Farm, where he worked with both corporate bond and private equity teams. His experience has equipped him with expertise in manager due diligence, portfolio risk-return analysis, and investment research across public and private market asset classes.
Furat holds a Bachelor of Arts in Finance with a minor in Economics from Michigan State University and is a Chartered Financial Analyst (CFA) charterholder. He is recognized for his analytic rigor and for supporting MERS' investment committee with portfolio analysis and reporting. His contributions have helped the investment team maintain strong performance and robust risk management for Michigan public pension assets, particularly in fixed-income, equities, and private markets.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| MERS of Michigan | Investment Analyst | Mar 2019 to Present | — |
| MERS of Michigan | Investment Intern | Jan 2019 to Mar 2019 | — |
| State Farm ® | Corporate Bond and Private Equity Intern | May 2018 to Aug 2018 | • Performed fundamental analysis of publicly traded companies within State Farm’s $50 billion Corporate Bond portfolio • Presented $220 million investment recommendation to fixed income team members a... |
| Ocean Trail Partners | Private Equity Intern | Aug 2017 to May 2018 | • Conducted research and due diligence on potential acquisitions within the lower middle market • Set up and maintained multiple Excel databases for various industries determining attractive acquisiti... |
| Michigan State University | Investment Intern | Jun 2017 to May 2018 | • Monitored and managed incoming investment correspondence related to the university’s $2.8 billion endowment fund • Reviewed investment information and extracted key financial data such as cash flows... |
Education
Michigan State University
Bachelor’s Degree, Finance
2014 — 2018
Sterling Heights High School
High School, General
2010 — 2014
Others at Municipal Employees' Retirement System of Michigan (5)
| Name | Role | Location |
|---|---|---|
| Investment Analyst | Grand Rapids, MI , United States | |
| Investment Officer and Portfolio Manager | East Lansing, MI , United States | |
| Chief Investment Officer | Lansing, MI , United States | |
R Ryan Torgerson | Investment Officer and Portfolio Manager | Detroit, MI , United States |
S Shakeyda I. | Cyber Security Analyst | Lansing, MI , United States |