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Kayne Anderson Rudnick Investment Management is a registered investment advisor based in Los Angeles, California with approximately $7 billion in assets under management. Our clients include affluent individuals, endowments, foundations, corporations, public funds, and pension plans for who it manages a range of portfolios having a common disciplined, high-quality investment philosophy

Conestoga Capital Advisors (CCA) generally uses an investment process that is based on fundamental business and credit analysis; capital structure and liquidation analysis, a review of all legal documentation surrounding an issuer's securities; and identification of an investment catalyst. In making investment decisions, the firm relies on internally generated research, derived from annual reports, prospectuses, filings with the SEC, corporate press releases, inspections of corporate activities, conversations with the firm and/or competitors, financial newspapers, magazines and other sources. They may also use research materials prepared by others in making an investment decision. During the research process, CCA makes an assessment of the quality of the security in question by examining, among other things, financial metrics of the relevant company, the integrity and strategic vision of the management team and the ability to execute such strategy, as well as the attractiveness and risks of the company's industry. The firm reviews companies that meet its criteria, and if according to their analysis, a company has the potential to appreciate at least 100% over a three-to-five year period they will make a decision to buy the security. Client portfolios are fully invested and diversified across industries.

Spitfire Capital employs a value-oriented approach that focuses on investments in publicly-traded, smaller capitalization companies. The firm seeks targets companies which generate excess cash, possess substantial financial flexibility and demonstrate increasing intrinsic value. Spitfire Capital's investments offer the potential for significant upside over a 1 to 3 year holding period while benefitting from a substantial margin of safety. Although the firm mainly invests in the equity securities of smaller-cap public companies. their investment strategies may also use, among others, buying on margin, short sales, options on securities, and forward contracts.