Kabouter Management, Llc

Headquartered in Chicago with a satellite office in the San Francisco Bay Area, Kabouter is a minority-owned investment adviser registered with the United States Securities and Exchange Commission (SEC). Kabouter was founded in 2003 by Marcel Houtzager and Peter Zaldivar, who each have nearly 30 years’ experience investing in international markets. Prior to forming Kabouter, the founders were principals at Wanger Asset Management, where they co-managed international equities portfolios beginning in 1996.