<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001026298
<NAME> WARBURG PINCUS SMALL COMPANY GROWTH FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 46417906
<INVESTMENTS-AT-VALUE> 47276052
<RECEIVABLES> 1465070
<ASSETS-OTHER> 36001
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48777123
<PAYABLE-FOR-SECURITIES> 792321
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 85290
<TOTAL-LIABILITIES> 877611
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 48707029
<SHARES-COMMON-STOCK> 2072823
<SHARES-COMMON-PRIOR> 543516
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1665663)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 858146
<NET-ASSETS> 47899512
<DIVIDEND-INCOME> 9675
<INTEREST-INCOME> 194327
<OTHER-INCOME> 0
<EXPENSES-NET> (474407)
<NET-INVESTMENT-INCOME> (270405)
<REALIZED-GAINS-CURRENT> (1581984)
<APPREC-INCREASE-CURRENT> (1139253)
<NET-CHANGE-FROM-OPS> (2991642)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (393861)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 97628775
<NUMBER-OF-SHARES-REDEEMED> (55714596)
<SHARES-REINVESTED> 350461
<NET-CHANGE-IN-ASSETS> 38879137
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 310182
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 338862
<INTEREST-EXPENSE> 1631
<GROSS-EXPENSE> 669458
<AVERAGE-NET-ASSETS> 33886199
<PER-SHARE-NAV-BEGIN> 16.60
<PER-SHARE-NII> (.13)
<PER-SHARE-GAIN-APPREC> 7.28
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.64)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.11
<EXPENSE-RATIO> 1.42
</TABLE>
