Robertson Stephens Fund Will Close
March 27, 2000
Robertson Stephens Investment Management of San Francisco will close its RS Emerging Growth Fund April 28 as a result of a heavy in-flow of assets in the past six months, the company has announced.
Since the first of the year, the small-cap fund received more than $1.6 billion in net cash inflows. Assets under management were $6.8 billion as of March 16, up from $3.6 billion at year end 1999, said Rowena Itchon, a company spokesperson.