The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:An $8.8B-AUM Boutique Adds a Fourth MF Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 6, 2022

An $8.8B-AUM Boutique Adds a Fourth MF

Reported by Neil Anderson, Managing Editor

An $8.8-billion-AUM (as of December 31) asset manager's team is rolling out their fourth mutual fund.

Robert Michael "Bob" Mitchell
Conestoga Capital Advisors, LLC
Co-Founder, Managing Partner, Portfolio Manager, Research Analyst
Today, Bob Mitchell — co-founder, managing partner, and chief investment officer of Wayne, Pennsylvania-based Conestoga Capital Advisors, LLC [profile] — unveils the Conestoga Micro Cap Fund. The Conestoga team launched the new fund on December 17 by reorganizing the Conestoga Micro Cap Fund LP, a limited partnership vehicle that debuted back in 2018.

Like Conestoga's three existing mutual funds, the new fund comes in both Investors class shares (CMCMX) and Institutional class shares (CMIRX). After a fee waiver (which the Conestoga folks have committed to keep through January 31, 2023), the two share classes' expense ratios are 150 basis points and 125 bps, respectively.

Joe Monahan, managing partner and director of research, and Dave Neiderer, partner, PM the new fund. Mitchell serves as the fund's co-PM. Neiderer and Monahan have co-PMed Conestoga's micro cap growth portfolios since 2018.

"The Micro Cap Fund capitalizes on our research of the smallest capitalization companies in our investment universe," Neiderer states.

The new fund's other service providers include: BBD, LLP as independent accountant; Faegre Drinker Biddle and Reath LLP as counsel: Ultimus Fund Disttributors, LLC as distributor; Ultimus Fund Solutions, LLC as account servicing agent, dividend disbursing agent, shareholder service agent, and transfer; and UMB Bank, N.A. as custodian. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use