<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000825305
<NAME> WARBURG PINCUS EMERGING GROWTH FUND
<SERIES>
<NUMBER> 001
<NAME> COMMON CLASS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 1744643296
<INVESTMENTS-AT-VALUE> 2414124875
<RECEIVABLES> 13539187
<ASSETS-OTHER> 86657
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2427750719
<PAYABLE-FOR-SECURITIES> 25894563
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9316662
<TOTAL-LIABILITIES> 35211225
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1334053953
<SHARES-COMMON-STOCK> 42096024
<SHARES-COMMON-PRIOR> 36421032
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 389003962
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 669481579
<NET-ASSETS> 2392539494
<DIVIDEND-INCOME> 3105131
<INTEREST-INCOME> 9542601
<OTHER-INCOME> 0
<EXPENSES-NET> (30081796)
<NET-INVESTMENT-INCOME> (17434064)
<REALIZED-GAINS-CURRENT> 419040087
<APPREC-INCREASE-CURRENT> 132236335
<NET-CHANGE-FROM-OPS> 533842358
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (225635097)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1217208366
<NUMBER-OF-SHARES-REDEEMED> (1156532309)
<SHARES-REINVESTED> 217193291
<NET-CHANGE-IN-ASSETS> 571700279
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 252483314
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21973038
<INTEREST-EXPENSE> 12425
<GROSS-EXPENSE> 30559165
<AVERAGE-NET-ASSETS> 2441448645
<PER-SHARE-NAV-BEGIN> 43.73
<PER-SHARE-NII> (.33)
<PER-SHARE-GAIN-APPREC> 13.07
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (6.23)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 50.24
<EXPENSE-RATIO> 1.19
</TABLE>
