Ted Chang

Ted Chang, CFA, is a Partner, Co-Portfolio Manager for the Mid Cap Growth strategy, and Research Analyst at Conestoga Capital Advisors, LLC, based in Wayne, PA. In his current role, he manages the Conestoga Mid Cap Growth portfolios, including the Mid Cap Fund, and leads investment research and idea generation for the firm's Micro, Small, SMid, and Mid Cap Growth products. He also serves on the firm’s Environmental, Social, and Governance (ESG) Committee, overseeing the integration of ESG analysis into the investment process.

Ted’s sector coverage as an analyst has included domestic industrials, materials, and broadly diversified growth equities targeting high-quality, conservative growth companies. Before joining Conestoga in 2020, he was a Portfolio Manager and Managing Director at Thornburg Investment Management, where he co-managed the Core Growth Fund (THIGX) and All Cap Growth strategies, and previously held research roles at 300 North Capital, Zurich Financial Services, and QuinStreet.

Ted holds an MBA from the University of Southern California’s Marshall School of Business and a BA in Political Science from UCLA. He became a CFA Charterholder and was promoted to Partner at Conestoga in 2023, reflecting both his leadership in portfolio management and his contributions to advancing the firm’s growth-focused investment strategies.