KAR Small Cap Sustainable Growth SMA

Doug Foreman is chief investment officer and a portfolio manager at Kayne Anderson Rudnick Investment Management, an investment management affiliate of Virtus Investment Partners. He is also a member of the executive management committee.

Before joining Kayne Anderson Rudnick in 2011, Mr. Foreman was director of equities at HighMark Capital Management. Prior to that, he was group managing director and chief investment officer of U.S. equities at Trust Company of the West (TCW). He began his investment career at Putnam Investments as an equity research analyst and portfolio manager.

Mr. Foreman earned a B.S. in marine engineering from The U.S. Naval Academy and an M.B.A. from Harvard University. He is a CFA® charterholder. He began working in the investment industry in 1986.

Todd Beiley is a portfolio manager and senior research analyst at Kayne Anderson Rudnick Investment Management, an investment management affiliate of Virtus Investment Partners. He has primary research responsibilities for the small- and mid-cap financials and technology sectors.

Before joining Kayne Anderson Rudnick in 2002, he worked as an associate analyst in equity research at Prudential Securities. Prior to that assignment, he was an equity research associate at RNC Capital Management.

Mr. Beiley earned a B.S. in finance from Northern Arizona University and an M.B.A. from the University of Southern California. He is a CFA® charterholder and has been working in the investment industry since 1999.

Jon Christensen is a portfolio manager and senior research analyst at Kayne Anderson Rudnick Investment Management, an investment management affiliate of Virtus Investment Partners. He has primary research responsibilities for the small- and mid-cap health care and industrials sectors.

Before joining Kayne Anderson Rudnick in 2001, Mr. Christensen was a portfolio manager and senior research analyst for Doheny Asset Management.

Mr. Christensen earned a B.S. in mathematics/applied science from the University of California, Los Angeles, and an M.B.A. from California State University, Long Beach. He is a Chartered Financial Analyst® (CFA®) charterholder. He began working in the investment industry in 1995.