<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001016073
<NAME> DRIEHAUS MUTUAL FUNDS
<SERIES>
<NUMBER> 02
<NAME> DRIEHAUS EMERGING MARKETS GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 21776762
<INVESTMENTS-AT-VALUE> 23695931
<RECEIVABLES> 1261692
<ASSETS-OTHER> 4856557
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 29814180
<PAYABLE-FOR-SECURITIES> 2726303
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200705
<TOTAL-LIABILITIES> 2927008
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 23144287
<SHARES-COMMON-STOCK> 1465400
<SHARES-COMMON-PRIOR> 573826
<ACCUMULATED-NII-CURRENT> (11383)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1835940
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1918328
<NET-ASSETS> 26887172
<DIVIDEND-INCOME> 183653
<INTEREST-INCOME> 40896
<OTHER-INCOME> 0
<EXPENSES-NET> (235932)
<NET-INVESTMENT-INCOME> (11383)
<REALIZED-GAINS-CURRENT> 926945
<APPREC-INCREASE-CURRENT> (2024767)
<NET-CHANGE-FROM-OPS> (1109205)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1199397
<NUMBER-OF-SHARES-REDEEMED> (307823)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 16350158
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 908995
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 141559
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 316997
<AVERAGE-NET-ASSETS> 18978264
<PER-SHARE-NAV-BEGIN> 18.36
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.35
<EXPENSE-RATIO> 2.50
</TABLE>
