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LEWIS RANIERI UNDERTAKENS DIRECT RESPONSIBILITY FOR HYPERION CAPITAL

 LEWIS RANIERI UNDERTAKENS DIRECT RESPONSIBILITY FOR HYPERION CAPITAL
 NEW YORK, Feb. 13 /PRNewswire/ -- Hyperion Capital Management, investment adviser of Hyperion Total Return Fund, Ranieri Adjustable Rate U.S. Government Fund, Ranieri Adjustable Rate U.S. Government Fund II, Hyperion Short Duration Government Fund and Hyperion Short Duration Government Fund II, today announced that Lewis Ranieri had undertaken responsibility for the direct management of Hyperion Capital and its portfolios.
 Hyperion Capital announced that two officers, performing portfolio management services, and two other employees had left the firm and that the firm plans to hire others to perform these services.
 -0- 2/13/92
 /CONTACT: Leslie Uyeda of Kekst and Company, 212-593-2655, for Hyperion Capital Management/ CO: Hyperion Capital Management ST: New York IN: SU:


PS -- NY118 -- 0029 02/13/92 19:27 EST
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Publication:PR Newswire
Date:Feb 13, 1992
Words:132
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