RADNOR, Pa., July 18, 2013 /PRNewswire/ -- Conestoga Capital Advisors, LLC has announced the addition of two individuals to the firm. David Neiderer has joined the investment team as an Equity Research Analyst, and John Schipper has joined the firm as an Equity Trader. Both Mr. Neiderer and Mr. Schipper began work on July 8th.
David Neiderer is a CFA charterholder, with an MBA from the Wharton School at the University of Pennsylvania. He also has several years of buy-side research experience at Penn Capital Management and Chartwell Investment Partners. David began his career at Deloitte and Touche as a certified public accountant (CPA). At Conestoga, he will support Conestoga's Small- and Mid-Cap Growth strategies, conducting fundamental research on companies across a variety of sectors and industries.
"We're excited to have David as part of the investment team at Conestoga," said Bob Mitchell, Managing Partner and Portfolio Manager. "David adds to the breadth and depth of our research coverage, and we look forward to his contributions to the investment portfolios."
John Schipper is a recent Haverford College graduate with a B.A. in Economics. He also attended the London School of Economics and Political Science as part of his studies abroad, and was a four-year member of the College's lacrosse team. At Conestoga, he will initially support Head Trader Duane D'Orazio, before eventually transitioning to the role of Head Trader at the firm.
"John will be an important part of the trading and operations functions at Conestoga," stated Duane D'Orazio, Managing Partner. "Since our inception in 2001, we have been diligent in hiring operations and support team members in advance of our growth. John's addition will help to ensure that we maintain superior trading and operations standards."
Conestoga's primary investment strategy, Small Cap Growth, has grown to over $1.1 billion in assets under management as of June 30, 2013. In 2010, the Firm launched a Mid Cap Growth strategy, a natural extension and complementary diversification of the Firm's Small Cap Growth strategy. The Firm offers two mutual funds as well: the Conestoga Small Cap Fund and the Conestoga Mid Cap Fund.
About Conestoga Capital Advisors, LLC
Conestoga Capital Advisors, LLC ( www.conestogacapital.com ) is an independent investment advisory firm with over $1.1 billion in assets under management as of June 30, 2013. The firm specializes in the management of small- and mid-cap equities. Conestoga Capital Advisors' investment style is conservative high-quality growth. The firm's portfolio managers utilize a fundamental, bottom-up research approach with a long-term investment focus.
SOURCE Conestoga Capital Advisors, LLC