Monica Esther Butler

Liberty Ridge Capital, Inc., the investment adviser to PBHG Funds, was founded in 1982 by Gary L. Pilgrim to provide investment management for institutional clients. Based in Wayne, Pennsylvania, the firm is the investment adviser for pension and profit-sharing plans, charitable institutions, corporations, trusts, estates and other investment companies. Liberty Ridge is a subsidiary of Old Mutual Capital, Inc., which is owned by Old Mutual PLC (LSE: U.OML), an international financial services firm.

Founded in 1982, Kalmar Investments, Inc. is a registered investment advisor located in Wilmington, Delaware, The firm provides portfolio management services to individuals, high net worth individuals, corporate pension and profit-sharing plans, banking or thrift institutions, charitable institutions, foundations, endowments, municipalities, trust programs, and other U.S. institutions. Their affiliate, with Kalmar Investment Advisers, provides portfolio management services solely to registered investment companies.