David W. Cost Jr., CFA, Partner, co-founded Headlands Capital in 2006 and co-manages the Headlands Strategic Opportunities Fund, LP. Mr. Cost is Chief Compliance Officer for Headlands Capital. Prior to founding Headlands Capital, Mr. Cost worked for Hoover Investment Management in San Francisco, where he was Associate Portfolio Manager for the $1+ billion Forward Hoover Small Cap Fund. Previously, Mr. Cost worked as a Senior Analyst at Montgomery Asset Management supporting the Montgomery Small Cap Fund. Prior to Montgomery, Mr. Cost was Director of Research for Sand Hill Advisors, a wealth management firm in Menlo Park, CA. Mr. Cost began his career at Union Bank in Los Angeles as Assistant Vice President where he managed a portfolio of commercial banking clients. Mr. Cost holds a BA from Dartmouth College and an MBA from the Anderson School of Management at UCLA.