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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, mid-cap companies exhibiting sustainable earnings growth potential that can grow to large-cap companies.

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 the 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.

Scott began his investment career in 1997 and has been a member of the RS Growth Team since 2001. He has been co-portfolio manager responsible for the Victory RS Small Cap Growth Fund and the Victory RS Select Growth Fund since 2007 and has subsequently assumed co-portfolio manager roles for several of the other Victory RS growth funds. Prior to joining RS Investments in 2001, he spent three years at Shoreline Investment Management where his research focus included technology and industrial companies. 

Scott holds a B.A. in history from Trinity College and an M.B.A. from the University of California at Berkeley. Additionally, he is a CFA charterholder.

 

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 Fund since 2017, the RS Science and Technology Fund since 2016, and a portfolio manager of the RS Small Cap Growth Fund, RS Select Growth Fund, RS Mid Cap Growth Fund, RS Small Cap Equity Fund, and 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.


 
Stephen J. BishopStephen J. Bishop 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.

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

He earned a B.A. from University of Notre Dame and an M.B.A. from Harvard Business School.
 
Lesley BunimLesley Bunim is an analyst on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

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

Lesley holds a B.A. in economics and art history from Wellesley College and an M.B.A. from Stanford Graduate School of Business.
 
Melissa Chadwick-DunnMelissa Chadwick-Dunn 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.

Melissa began her investment career in 1992 and has been a member of the RS Growth Team since 2001. She has been a co-portfolio manager and analyst of the Victory RS Small Cap Growth Fund and the Victory RS Select Growth Fund since 2007 and has subsequently assumed co-portfolio manager roles for several more RS growth funds. Before joining RS Investments, she was an equity analyst at Putnam Investments covering international small-cap stocks. 

Melissa holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an M.B.A. from the Wharton School of Business.
 
Trevor MartinTrevor Martin is an analyst on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Trevor began his investment career in 2006 and was a research analyst at RBI Capital Management LLC, where he focused on the consumer, cyclicals, materials, and energy sectors, prior to joining RS Investments. Previously, he was an operations associate at Standard Pacific Capital Management, LLC. 

Trevor holds a B.A. in international affairs and economics from the George Washington University and an M.B.A. from the University of California at Berkeley. Additionally, Trevor is a CFA charterholder.
 
John Tilney

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

John 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.

John holds a B.S. in economics from Tufts University and an M.B.A. from Stanford Graduate School of Business. Additionally, 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, mid-cap companies exhibiting sustainable earnings growth potential that can grow to large-cap companies.

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.

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 Fund since 2017, the RS Science and Technology Fund since 2016, and a portfolio manager of the RS Small Cap Growth Fund, RS Select Growth Fund, RS Mid Cap Growth Fund, RS Small Cap Equity Fund, and 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.


 

Stephen J. Bishop

Portfolio Manager, RS Growth

Stephen J. Bishop 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.

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

He earned a B.A. from University of Notre Dame and an M.B.A. from Harvard Business School.
 

Lesley Bunim

Analyst, RS Growth

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

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

Lesley holds a B.A. in economics and art history from Wellesley College and an M.B.A. from Stanford Graduate School of Business.
 

Melissa Chadwick-Dunn

Portfolio Manager, RS Growth

Melissa Chadwick-Dunn 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.

Melissa began her investment career in 1992 and has been a member of the RS Growth Team since 2001. She has been a co-portfolio manager and analyst of the Victory RS Small Cap Growth Fund and the Victory RS Select Growth Fund since 2007 and has subsequently assumed co-portfolio manager roles for several more RS growth funds. Before joining RS Investments, she was an equity analyst at Putnam Investments covering international small-cap stocks. 

Melissa holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an M.B.A. from the Wharton School of Business.
 

Trevor Martin, CFA

Analyst, RS Growth

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

Trevor began his investment career in 2006 and was a research analyst at RBI Capital Management LLC, where he focused on the consumer, cyclicals, materials, and energy sectors, prior to joining RS Investments. Previously, he was an operations associate at Standard Pacific Capital Management, LLC. 

Trevor holds a B.A. in international affairs and economics from the George Washington University and an M.B.A. from the University of California at Berkeley. Additionally, Trevor is a CFA charterholder.
 

John Tilney, CFA

Analyst, RS Growth

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

John 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.

John holds a B.S. in economics from Tufts University and an M.B.A. from Stanford Graduate School of Business. Additionally, he is a CFA charterholder.