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Investment Approach

The RS Investments Growth Team seeks to deliver long-term capital growth through a disciplined, research-intensive approach that discovers and invests in dynamic, large-cap companies exhibiting sustainable earnings growth potential.

Philosophy and Process

Emphasize innovation – Search for pioneering, disruptive businesses that we believe can change an industry to drive sustainable earnings growth over time.
Focus on the long term– Highlight companies that are aligned with the team’s fundamental beliefs and that rank highly on key quantitative metrics.
Manage risk– Seek an attractive risk/reward profile at the time of purchase and deploy a three-stage risk management screen on all holdings to help mitigate the negative impact of any single position.

Scott Tracy

Scott Tracy is Chief Investment Officer of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Tracy began his investment career in 1997 and has been a member of the RS Growth team since 2001. He has served as co-portfolio manager for the Victory RS Small Cap Growth Fund and Victory RS Select Growth Fund since 2007 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Previously, he spent three years at Shoreline Investment Management, where his research focus included technology and industrial companies.

Mr. Tracy holds a B.A. in history from Trinity College and an MBA from the University of California, Berkeley. He is a CFA® charterholder.


Stephen J. Bishop

Steve Bishop is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Bishop began his investment career in 1992 and joined the RS Growth team in 1996 as a research analyst primarily covering the Information Technology sector. He has been a co-portfolio manager of the Victory RS Science and Technology Fund since 2001 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Prior to joining RS Investments, he worked as an analyst in the corporate finance department of Dean Witter Reynolds Inc.

Mr. Bishop earned a B.A. from the University of Notre Dame and an MBA from Harvard Business School.


 
Lesley Bunim

Lesley Bunim is an analyst for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Ms. Bunim began her investment career in 1999 and was a principal at the Whitney Green River Fund, where she focused on the consumer, retail, chemicals, and manufacturing industries, prior to joining RS Investments in 2010. Previously, she was an associate at Oaktree Capital Management.

Ms. Bunim holds a B.A. in economics and art history from Wellesley College and an MBA from the Stanford Graduate School of Business.

Melissa Chadwick-Dunn

Melissa Chadwick-Dunn is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Ms. Chadwick-Dunn began her investment career in 1992 and joined the RS Growth team in 2001. She has been a co-portfolio manager and analyst for the Victory RS Small Cap Growth Fund and Victory RS Select Growth Fund since 2007 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Previously, she was an equity analyst at Putnam Investments covering international small-cap stocks.

Ms. Chadwick-Dunn holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an MBA from the Wharton School of the University of Pennsylvania.

Christopher Clark

Christopher Clark is a portfolio manager on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Chris Clark has been a member of RS Growth Team since joining the firm in May 2007. Chris has been lead portfolio manager of the RS Biotechnology strategy since 2017, the Victory RS Science and Technology Fund since 2016, and a portfolio manager of the Victory RS Small Cap Growth Fund, Victory RS Select Growth Fund, Victory RS Mid Cap Growth Fund, Victory RS Small Cap Equity Fund, and Victory RS Growth Fund since 2014 and an analyst since 2007. Before joining the firm in 2007, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a BA in economics from the University of Virginia. Chris is a CFA Charterholder.

 

Paul Leung

Paul Leung is a portfolio manager and analyst on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Paul began his investment career in 1999 as a senior investment analyst at Ashfield Capital Partners where he focused on the technology sector before joining RS Investments. Previously, he held research and financial analyst positions at Sterling Johnston Capital Management and Salomon Smith Barney.

Paul holds a B.S. in applied economics and business management from Cornell University. Paul is a CFA Charterholder.

Trevor Martin

Trevor Martin is an analyst for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Martin began his investment career in 2006 and was a research analyst at RBI Capital Management LLC, where he focused on the Consumer Discretionary, Materials, and Energy sectors prior to joining RS Investments in 2014. Previously, he was an operations associate at Standard Pacific Capital Management, LLC.

Mr. Martin holds a B.A. in international affairs and economics from the George Washington University and an MBA from the University of California, Berkeley. He is a CFA® charterholder.

John Tilney

John Tilney is an analyst for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Tilney began his investment career in 2002 and worked as an investment analyst and investment associate at Bodri Capital Management and Putnam Investments, respectively, before joining RS Investments in 2009.

Mr. Tilney holds a B.S. in economics from Tufts University and an MBA from the Stanford Graduate School of Business. He is a CFA® charterholder.

Investment Approach

The RS Investments Growth Team seeks to deliver long-term capital growth through a disciplined, research-intensive approach that discovers and invests in dynamic, large-cap companies exhibiting sustainable earnings growth potential.

Philosophy and Process

Emphasize innovation – Search for pioneering, disruptive businesses that we believe can change an industry to drive sustainable earnings growth over time.
Focus on the long term– Highlight companies that are aligned with the team’s fundamental beliefs and that rank highly on key quantitative metrics.
Manage risk– Seek an attractive risk/reward profile at the time of purchase and deploy a three-stage risk management screen on all holdings to help mitigate the negative impact of any single position.

Stephen J. Bishop

Portfolio Manager, RS Growth

Steve Bishop is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Bishop began his investment career in 1992 and joined the RS Growth team in 1996 as a research analyst primarily covering the Information Technology sector. He has been a co-portfolio manager of the Victory RS Science and Technology Fund since 2001 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Prior to joining RS Investments, he worked as an analyst in the corporate finance department of Dean Witter Reynolds Inc.

Mr. Bishop earned a B.A. from the University of Notre Dame and an MBA from Harvard Business School.


 

Lesley Bunim

Analyst, RS Growth

Lesley Bunim is an analyst for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Ms. Bunim began her investment career in 1999 and was a principal at the Whitney Green River Fund, where she focused on the consumer, retail, chemicals, and manufacturing industries, prior to joining RS Investments in 2010. Previously, she was an associate at Oaktree Capital Management.

Ms. Bunim holds a B.A. in economics and art history from Wellesley College and an MBA from the Stanford Graduate School of Business.

Melissa Chadwick-Dunn

Portfolio Manager, RS Growth

Melissa Chadwick-Dunn is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Ms. Chadwick-Dunn began her investment career in 1992 and joined the RS Growth team in 2001. She has been a co-portfolio manager and analyst for the Victory RS Small Cap Growth Fund and Victory RS Select Growth Fund since 2007 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Previously, she was an equity analyst at Putnam Investments covering international small-cap stocks.

Ms. Chadwick-Dunn holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an MBA from the Wharton School of the University of Pennsylvania.

Christopher Clark, CFA

Portfolio Manager, RS Growth

Christopher Clark is a portfolio manager on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Chris Clark has been a member of RS Growth Team since joining the firm in May 2007. Chris has been lead portfolio manager of the RS Biotechnology strategy since 2017, the Victory RS Science and Technology Fund since 2016, and a portfolio manager of the Victory RS Small Cap Growth Fund, Victory RS Select Growth Fund, Victory RS Mid Cap Growth Fund, Victory RS Small Cap Equity Fund, and Victory RS Growth Fund since 2014 and an analyst since 2007. Before joining the firm in 2007, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a BA in economics from the University of Virginia. Chris is a CFA Charterholder.

 

Paul Leung, CFA

Analyst, RS Growth

Paul Leung is a portfolio manager and analyst on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Paul began his investment career in 1999 as a senior investment analyst at Ashfield Capital Partners where he focused on the technology sector before joining RS Investments. Previously, he held research and financial analyst positions at Sterling Johnston Capital Management and Salomon Smith Barney.

Paul holds a B.S. in applied economics and business management from Cornell University. Paul is a CFA Charterholder.

Trevor Martin, CFA

Analyst, RS Growth

Trevor Martin is an analyst for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Martin began his investment career in 2006 and was a research analyst at RBI Capital Management LLC, where he focused on the Consumer Discretionary, Materials, and Energy sectors prior to joining RS Investments in 2014. Previously, he was an operations associate at Standard Pacific Capital Management, LLC.

Mr. Martin holds a B.A. in international affairs and economics from the George Washington University and an MBA from the University of California, Berkeley. He is a CFA® charterholder.

John Tilney, CFA

Analyst, RS Growth

John Tilney is an analyst for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Tilney began his investment career in 2002 and worked as an investment analyst and investment associate at Bodri Capital Management and Putnam Investments, respectively, before joining RS Investments in 2009.

Mr. Tilney holds a B.S. in economics from Tufts University and an MBA from the Stanford Graduate School of Business. He is a CFA® charterholder.