SUPPLEMENT DATED DECEMBER 17, 1997
TO THE PROSPECTUS DATED MAY 1, 1997 OF
WEISS, PECK & GREER, L.L.C.
MUTUAL FUNDS
WPG Government Money Market Fund
WPG Tax Free Money Market Fund
WPG Intermediate Municipal Bond Fund
WPG Government Securities Fund
WPG Growth and Income Fund
WPG Tudor Fund
Weiss, Peck & Greer International Fund
WPG Growth Fund
WPG Quantitative Equity Fund
------------------------------------------------
WPG TUDOR FUND AND WPG GROWTH FUND
The following disclosure replaces the description of the portfolio
managers of WPG Tudor Fund and WPG Growth Fund on page 27 of the attached
Prospectus:
The portfolio manager for the WPG Tudor Fund and the WPG Growth Fund is
Adam Starr. Mr. Starr, who has 20 years of investment experience, is
responsible for the day-to-day management of these Funds' portfolio
investments. Mr. Starr has been a principal and research analyst for
the Large Cap Growth and Small Cap Growth Divisions of WPG since 1996.
Mr. Starr was an analyst and portfolio manager for the Farber Fund from
1993 to 1996. Prior to 1993, Mr. Starr was a portfolio manager and
research analyst with Charter Oak Partners, and a Managing Director in
the Research Department at First Manhattan Company.