Credit Suisse Asset Management Changes Name of Warburg Pincus Funds.Business Editors NEW YORK--(BUSINESS WIRE)--March 27, 2001 Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. Asset Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("CSAM CSAM Credit Suisse Asset Management CSAM College of Science and Mathematics CSAM California Society of Addiction Medicine (San Francisco, California) CSAM Certified Senior Account Manager Americas") today announced a name change for the Warburg Pincus Funds. The funds will be known as the Credit Suisse Warburg Pincus Funds effective March 26, 2001. This strategic move is the next step in the integration of Warburg Pincus Asset Management, which CSAM acquired in 1999. In making the announcement, Jim McCaughan, chief executive officer of CSAM Americas, said, "In changing the name of the funds, we are establishing a new identity for them as part of the Credit Suisse family of funds Family of Funds A group of mutual funds offered by one investment or fund company. Each mutual fund has different characteristics and can range depending on investment objective. Also referred to as a "Mutual Fund Family" or simply a "Fund Family". , while maintaining the strong, positive brand recognition associated with the Warburg Pincus name." Assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. for CSAM Americas grew to more than $100 billion in the past two years due, in part, to the acquisition of Warburg Pincus Asset Management and DLJ DLJ Distributor License for Java DLJ Donaldson, Lufkin & Jenrette Inc. DLJ Drive Like Jehu (band) DLJ Defence Laboratory Jodhpur (India) DLJ Dead Letter Journal Asset Management. CSAM believes the name change will eliminate confusion for investors who have always known the names of the three firms -- Credit Suisse Asset Management, Warburg Pincus Asset Management and DLJ Asset Management -- as separate entities. Pricing for the funds can now be found in the newspaper under the accepted abbreviated name, CS Warburg Pincus. Investors who wish to obtain more information about the funds may obtain a fund prospectus by contacting 800-WARBURG, visiting the website at www.warburg.com, or by contacting their financial advisor. Credit Suisse Asset Management is the institutional asset management and mutual fund arm of Credit Suisse Group, one of the world's largest financial organizations with over $870 billion in assets under management. As of December 31, 2000, Credit Suisse Asset Management, employed over 2,350 people worldwide and had assets under management of approximately $300 billion. Please note that this is not an offer for advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal by Credit Suisse Asset Management. More complete information about each fund, including charges and expenses, is provided in the Prospectus, which should be read carefully before investing. You may obtain additional copies by calling Warburg Pincus Funds at 800-WARBURG (800-927-2874). |
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