Ryan Wilsey to manage Parnassus Small-Cap Fund
with Jerome Dodson Effective May 2, 2011
San Francisco, California - March 1, 2011
Ryan Wilsey has been working closely with Jerome Dodson on the Parnassus Small-Cap Fund since joining the team as a senior research analyst in 2009. Effective May 2, 2011, Ryan Wilsey will manage the Parnassus Small-Cap Fund along with current portfolio manager, Jerome Dodson.
This move reflects the growing prominence of the Fund within Parnassus Investments. As of February 28, 2011, the Parnassus Small-Cap Fund’s assets have grown to $755 million, up from just $115 million at the end of 2009, making the Parnassus Small-Cap Fund the second largest of the Parnassus Funds. “I’m delighted to have Ryan Wilsey join me as a portfolio manager of the Parnassus Small-Cap Fund,” said Jerome Dodson. “Since Ryan started with us as a senior research analyst, he has made a significant contribution to the management of the Fund, and I’m looking forward to a successful partnership with him.” When asked about his new role, Wilsey replied “Jerry has been a great mentor, and I look forward to providing value to our shareholders in my new role as portfolio manager."
“Since joining our team, Ryan has impressed me with his intellectual vigor and investment judgment, and I’m confident that he will thrive as a portfolio manager,” said Ben Allen, Director of Research. Wilsey has been integral in selecting companies for investment in the Parnassus Funds, and recently offered insight into how the investment team incorporates moats into our investment process in the Parnassus Digest.
Ryan Wilsey is a senior research analyst and joined Parnassus Investments in 2009. He has been a professional investor in both public and private equity since 2001, working at Summit Partners, Greylock Partners and Scout Capital. Prior to his investment career, he worked at Opsware Inc., a software company that was later sold to Hewlett-Packard. Ryan was a Parnassus research intern in 1998 and graduated Phi Beta Kappa, summa cum laude with a bachelor’s degree in engineering from Princeton University and received his master’s degree in business administration from Harvard Business School.
The Parnassus Funds are distributed by Parnassus Funds Distributor.