RENAISSANCE FUNDS
NSAR-B, 1999-11-23
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<PAGE>      PAGE  1
000 B000000 09/30/99
000 C000000 0001026634
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 RENAISSANCE CAPITAL GREENWICH FUNDS
001 B000000 811-8049
001 C000000 8884763863
002 A000000 73 TREMONT STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
002 D020000 3813
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 IPO PLUS AFTERMARKET FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 RENAISSANCE CAPITAL CORPORATION
008 B00AA01 A
008 C00AA01 801-000000
008 D01AA01 GREENWICH
008 D02AA01 CT
008 D03AA01 06830
010 A00AA01 CHASE GLOBAL FUND SERVICES CO.
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02108
011 A00AA01 N/A
011 B00AA01 8-00000000
011 C01AA01 N/A
011 C02AA01 CT
011 C03AA01 00000
012 A00AA01 N/A
<PAGE>      PAGE  2
012 B00AA01 85-0000000
012 C01AA01 N/A
012 C02AA01 CT
012 C03AA01 00000
013 A00AA01 TAIT, WELLER & BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
015 A00AA01 THE CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 11245
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
019 C00AA00 RENAISSANC
020 A000001 MORGAN STANLEY & CO., INC.
020 B000001 13-2655998
020 C000001      5
020 A000002 GOLDMAN SACHS
020 B000002 13-5108880
020 C000002      5
020 A000003 MERRILL LYNCH AND CO., INC.
020 B000003 13-5674085
020 C000003      3
020 A000004 SMITH BARNEY, HARRIS, UPHAM & CO., INC.
020 B000004 13-1912900
020 C000004      2
020 A000005 BROWN (ALEX) & SONS
020 B000005 52-0256630
020 C000005      1
020 A000006 DONALDSON, LUFKIN, & JENRETTE SECURITIES
020 B000006 13-2747129
020 C000006      1
020 A000007 FIRST BANK & TRUST
020 C000007      1
020 A000008 BEAR STEARNS & CO., INC.
020 B000008 13-3299429
020 C000008      1
020 C000009      0
020 C000010      0
021  000000       19
022 A000001 CHASE MANHATTAN BANK
022 B000001 13-2633612
022 C000001    520320
022 D000001      5653
022 A000002 SCHWAB (CHARLES) & CO., INC.
022 B000002 94-1737782
022 C000002      1072
<PAGE>      PAGE  3
022 D000002      2748
022 A000003 ROBERT STEPHENS
022 C000003      1219
022 D000003      2018
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004      2655
022 D000004       543
022 A000005 MORGAN STANLEY & CO., INC.
022 B000005 13-2655998
022 C000005      1363
022 D000005       661
022 A000006 CS FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006       911
022 D000006       839
022 A000007 BEAR STEARNS & CO., INC.
022 B000007 13-3299429
022 C000007      1259
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022 A000008 DONALDSON,LUFTKIN, & JENRETTE SECURITIES CORP
022 B000008 13-2747129
022 C000008       649
022 D000008       555
022 A000009 MERRILL LYNCH & CO., INC.
022 B000009 13-5674085
022 C000009       324
022 D000009       378
022 A000010 SMITH BARNEY,HARRIS, UPHAM & CO., INC.
022 B000010 13-1912900
022 C000010       414
022 D000010       233
023 C000000     532015
023 D000000      14205
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026 A000000 N
026 B000000 Y
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<PAGE>      PAGE  4
036 B00AA00      0
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045  00AA00 Y
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054 L00AA00 N
<PAGE>      PAGE  5
054 M00AA00 Y
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059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     2500
077 A000000 Y
077 B000000 Y
078  000000 N
080 A00AA00 GREAT AMERICAN INSURANCE CO.
080 C00AA00      300
081 A00AA00 N
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084 A00AA00 N
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<PAGE>      PAGE  6
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066 D000100 N
066 E000100 N
066 F000100 N
<PAGE>      PAGE  7
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
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070 C010100 Y
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070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 Y
070 M020100 N
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070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
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070 Q010100 Y
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070 R020100 Y
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   KATHLEEN SHELTON SMITH
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE> 6
<CIK> 0001026634
<NAME> RENNAISSANCE CAPITAL CORP.
<SERIES>
   <NUMBER> 1
   <NAME> IPO PLUS AFTERMARKET FUND
<MULTIPLIER> 1
<S>                             <C>
<PERIOD-TYPE>                    12-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               SEP-30-1999
<INVESTMENTS-AT-COST>                       14,122,372
<INVESTMENTS-AT-VALUE>                      15,156,537
<RECEIVABLES>                                  766,559
<ASSETS-OTHER>                                     377
<OTHER-ITEMS-ASSETS>                           890,441
<TOTAL-ASSETS>                              16,813,914
<PAYABLE-FOR-SECURITIES>                       729,155
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      663,158
<TOTAL-LIABILITIES>                          1,392,313
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    13,387,395
<SHARES-COMMON-STOCK>                          829,955
<SHARES-COMMON-PRIOR>                          651,301
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-CHANGE-FROM-OPS>                        4,460,778
<EQUALIZATION>                                       0
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[AVG-DEBT-OUTSTANDING]                               0
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</TABLE>

REPORT OF INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANTS ON INTERNAL CONTROL STRUCTURE


The Board of Directors
Renaissance Capital Greenwich Funds
Greenwich, Connecticut

In planning and performing our audit of the financial statements of The
IPO Plus Aftermarket Fund a series of shares of Renaissance Capital
Greenwich Funds, for the period ended September 30, 1999, we
considered their internal control structure, including procedures for
safeguarding securities, in order to determine our auditing procedures for
the purpose of expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, not to provide assurance
on the internal control structure.

The management of the Fund is responsible for establishing and
maintaining an internal control structure.  In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of internal control structure policies
and procedures.  Two of the objectives of an internal control structure are
to provide management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or disposition,
and that transactions are executed in accordance with management's
authorization and recorded properly to permit preparation of financial
statements in conformity with generally accepted accounting principles.

Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected.  Also, projection of any
evaluation of the structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.

Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of
Certified Public Accountants.  A material weakness is a condition in
which the design or operation of the specific internal control structure
elements does not reduce to a relatively low level the risk that errors or
irregularities in amounts that would be material in relation to the
financial statements being audited may occur and not be detected within
a timely period by employees in the normal course of performing their
assigned functions.  However, we noted no matters involving the internal
control structure, including procedures for safeguarding securities, that
we consider to be material weaknesses, as defined above, as of
September 30, 1999.

This report is intended solely for the information and use of management
and the Securities and Exchange Commission, and should not be used for
any other purpose.



Philadelphia, Pennsylvania
October 29, 1999



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