David Neiderer
Co-Portfolio Manager, Micro Cap Growth at Conestoga Capital Advisors, LLC
About
David Neiderer is a Partner and Portfolio Manager at Conestoga Capital Advisors, LLC, based in Berwyn, Pennsylvania. He currently serves as Co-Portfolio Manager for the firm’s Micro Cap Growth strategy and, beginning in late 2025, will also assume the role of Director of Research and Managing Partner. David’s responsibilities include overseeing research processes and portfolio management for small- and micro-cap growth company strategies, with a focus on high quality, conservative growth investments.
David specializes in U.S. small-cap and micro-cap equities, conducting in-depth fundamental research to identify companies with sustainable growth prospects within these asset classes. His work supports institutional and individual investors seeking capital appreciation in growth-oriented portfolios. Since joining Conestoga in 2013, David has been instrumental in the performance of several investment strategies, contributing significantly to the firm’s growth and reputation.
David holds a Bachelor of Science in Economics and Accounting from the University of Richmond and an MBA from The Wharton School at the University of Pennsylvania. A Chartered Financial Analyst (CFA) charterholder and Certified Public Accountant (CPA), he brings significant expertise in investment analysis, accounting, and portfolio management to his leadership roles at Conestoga Capital Advisors.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Conestoga Capital Advisors, LLC | Co-Portfolio Manager, Micro Cap Growth | Nov 2018 to Present | — |
| Conestoga Capital Advisors | Equity Research Analyst | Jun 2013 to Present | Small to Mid-Cap equity research analyst. Cover all sectors as a generalist. |
| PENN Capital Management | Research Analyst | May 2011 to Apr 2013 | Research analyst for micro through mid cap equity portfolios and several high yield credit portfolios |
| Deutsche Bank | Assistant Vice President - Distressed Products | Jun 2007 to Nov 2009 | — |
| SMART Business Advisory and Consulting | Senior Consultant | Jan 2005 to Jan 2007 | — |
| Deloitte | Audit Associate | Jul 2004 to Nov 2005 | — |
Education
University of Pennsylvania - The Wharton School
MBA, Finance
2009 — 2011
University of Richmond - Robins School of Business
Bachelor of Science, Economics and Accounting
2000 — 2004
Others at Conestoga Capital Advisors, LLC (6)
| Name | Role | Location |
|---|---|---|
 | Managing Partner | Wayne, PA , United States |
D Derek Johnston | Co-Portfolio Manager, Smid Cap Growth | Wayne, PA , United States |
J Joe Monahan | Managing Director | Doylestown, PA , United States |
 | Equity Analyst | Norristown, PA , United States |
| Managing Partner - President | Wayne, PA , United States | |
 | Jr Research Analyst | Philadelphia, PA , United States |