Bill Wolfenden Joins RS Investment Management as Manager of the RS MicroCap Growth Fund

Apr 03, 2001, 01:00 ET from RS Investment Management

    SAN FRANCISCO, April 3 /PRNewswire/ -- RS Investment Management is pleased
 to announce that Bill Wolfenden, formerly of Dresdner RCM Global Investors,
 has joined the firm as portfolio manager of the RS MicroCap Growth Fund
 (RSMGX) effective April 3, 2001.
     Prior to joining RS, Mr. Wolfenden spent seven years at Dresdner RCM, most
 recently on the microcap and small cap growth investment teams, where he
 managed approximately $100 million in separate account assets.
     "Investing in the stocks of very small companies requires rigorous,
 hands-on research," Jim Callinan, chief investment officer of RSIM's growth
 group, said.  "Bill's style of management -- his emphasis on fundamental
 research and bottom up stock selection -- mirrors how we manage money in our
 growth team.  His knowledge and experience of small growth companies will help
 us enhance our coverage of this universe."
     Prior to Dresdner RCM, Mr. Wolfenden spent four years in commercial
 banking for Westamerica Bank and The Bank of California.  He holds a B.A. in
 economics from Southern Methodist University and a M.B.A. from Vanderbilt
 University.
     The RS MicroCap Growth Fund, with approximately $90 million in assets,
 invests primarily in companies with market caps of $750 million or less.  The
 fund was managed by portfolio managers David Evans and Rainerio Reyes.
 Mr. Evans and Mr. Reyes will maintain their focus on the firm's separately
 managed accounts, which now total more than $400 million in assets.  "Our
 small cap growth separate account business has grown rapidly in recent years,"
 Randy Hecht, Chairman and CEO of RS Investment Management said.  "Dave and Rai
 will continue to manage these assets, while Bill will take over the helm of
 the MicroCap Growth Fund and work with them on separate accounts."
     RS Investment Management was founded in 1981 with an investment style
 focused on investing in small and mid-cap companies.  The firm manages
 approximately $7 billion for individual and institutional investors.  RS is
 headquartered in San Francisco and has offices in Avon, Connecticut and Tokyo.
 For more information on the firm, visit its Web site at www.rsim.com or
 contact RS Funds at 800-766-FUND for a prospectus with information including
 management fees, expenses, and the special risks associated with investing in
 the RS Funds.  Please read it carefully before investing.
     PFPC Distributors, Inc., distributor.
 
 

SOURCE RS Investment Management
    SAN FRANCISCO, April 3 /PRNewswire/ -- RS Investment Management is pleased
 to announce that Bill Wolfenden, formerly of Dresdner RCM Global Investors,
 has joined the firm as portfolio manager of the RS MicroCap Growth Fund
 (RSMGX) effective April 3, 2001.
     Prior to joining RS, Mr. Wolfenden spent seven years at Dresdner RCM, most
 recently on the microcap and small cap growth investment teams, where he
 managed approximately $100 million in separate account assets.
     "Investing in the stocks of very small companies requires rigorous,
 hands-on research," Jim Callinan, chief investment officer of RSIM's growth
 group, said.  "Bill's style of management -- his emphasis on fundamental
 research and bottom up stock selection -- mirrors how we manage money in our
 growth team.  His knowledge and experience of small growth companies will help
 us enhance our coverage of this universe."
     Prior to Dresdner RCM, Mr. Wolfenden spent four years in commercial
 banking for Westamerica Bank and The Bank of California.  He holds a B.A. in
 economics from Southern Methodist University and a M.B.A. from Vanderbilt
 University.
     The RS MicroCap Growth Fund, with approximately $90 million in assets,
 invests primarily in companies with market caps of $750 million or less.  The
 fund was managed by portfolio managers David Evans and Rainerio Reyes.
 Mr. Evans and Mr. Reyes will maintain their focus on the firm's separately
 managed accounts, which now total more than $400 million in assets.  "Our
 small cap growth separate account business has grown rapidly in recent years,"
 Randy Hecht, Chairman and CEO of RS Investment Management said.  "Dave and Rai
 will continue to manage these assets, while Bill will take over the helm of
 the MicroCap Growth Fund and work with them on separate accounts."
     RS Investment Management was founded in 1981 with an investment style
 focused on investing in small and mid-cap companies.  The firm manages
 approximately $7 billion for individual and institutional investors.  RS is
 headquartered in San Francisco and has offices in Avon, Connecticut and Tokyo.
 For more information on the firm, visit its Web site at www.rsim.com or
 contact RS Funds at 800-766-FUND for a prospectus with information including
 management fees, expenses, and the special risks associated with investing in
 the RS Funds.  Please read it carefully before investing.
     PFPC Distributors, Inc., distributor.
 
 SOURCE  RS Investment Management