Ted Chang, CFA

Ted joined Conestoga Capital Advisors in July 2020 as an Assistant Portfolio Manager for the firm’s Mid Cap Growth strategy and
became Co-Portfolio Manager at the beginning of 2021. Ted also serves as a Research Analyst, researching and qualifying investment
ideas for Conestoga’s Small, SMid and Mid Cap Growth products. Prior to Conestoga, Ted was a Portfolio Manager and Managing
Director at Thornburg Investment Management. At Thornburg, Ted was Co-Portfolio Manager for their Core Growth Fund (THIGX)
and All Cap Growth strategies. Prior to joining Thornburg, Ted served as a Research Analyst at 300 North Capital covering domestic
industrials and materials stocks. Before joining 300 North Capital, Ted held positions with Zurich Financial Services and QuinStreet.
Ted holds an MBA from the University of Southern California’s Marshall School of Business and graduated from the University of
California, Los Angeles, with a BA in Political Science.