KAR Small-Mid Cap Core 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.

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.

Julie Kutasov is a portfolio manager and senior research analyst at Kayne Anderson Rudnick Investment Management, an investment management affiliate of Virtus Investment Partners. She has primary research responsibilities for the small- and mid-cap materials, industrials, and utilities sectors.

Before joining Kayne Anderson Rudnick in 2001, Ms. Kutasov worked at Goldman Sachs in a program focused on investment management for high-net worth individuals. Prior to that, she was a senior associate at Arthur Andersen, leading teams that provided financial audit and business advisory services to a variety of clients in service-related industries.

Ms. Kutasov earned a B.A. in business economics, summa cum laude, from the University of California, Los Angeles, and an M.B.A. from Harvard Business School. She previously worked as a Certified Public Accountant in the state of California. She began working in the investment industry in 2001.

Craig Stone is a portfolio manager and senior research analyst at Kayne Anderson Rudnick Investment Management, an investment management affiliate of Virtus Investment Partners. Mr. Stone has primary research responsibilities for the small- and mid-cap real estate and consumer discretionary sectors.

Before joining Kayne Anderson Rudnick in 2000, Mr. Stone was a portfolio manager at Doheny Asset Management.

Mr. Stone earned a B.S. in international business from San Francisco State University and an M.B.A. from the University of Southern California. He began working in the investment industry in 1989.