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SUPPLEMENT TO THE PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
WARBURG PINCUS SMALL COMPANY VALUE FUND
The following information supplements certain information contained in the
fund's Prospectuses and Statement of Additional Information.
Roger W. Vogel and Richard Hanlon now serve as Co-Portfolio Managers of the
fund. Messrs. Vogel and Hanlon joined CSAM in November 2000 as a result of
Credit Suisse's acquisition of Donaldson, Lufkin & Jenrette, Inc. and the
transfer of the business of DLJ Asset Management Group, Inc. ("DLJAM") to CSAM.
Mr. Vogel, a Managing Director, and Mr. Hanlon, a Director, joined DLJAM in 1993
and 1994, respectively. Kyle F. Frey no longer serves as the Portfolio Manager
of the fund.
Dated: January 16, 2000 16-0101
for
WPUSS
ADSCV
