The 21st Annual Baron Investment Conference drew over 4,000 Baron Funds' shareholders today at the Metropolitan Opera House at Lincoln Center in New York City.

Shareholders of the 12 Baron Funds were invited to the all-day conference, which included presentations from five CEOs of businesses in which the funds have invested. Those presentations were followed by remarks from Baron Capital Group president Linda Martinson, then a panel of Baron fund managers who answered questions from shareholders in an open session.

The presentations were concluded with remarks from Ron Baron, Baron Capital Group chairman and CEO.

There was also entertainment provided by Celine Dion, Harry Connick, Jr., Kristen Chenoweth and Joss Stone.

"The Baron Investment Conference takes place every year to allow Baron Funds' investors the opportunity to hear directly from the management of some of the companies in which we invest," said Ron Baron. "It's also an excellent opportunity for the funds' shareholders to hear directly from our portfolio managers. We want Baron Funds' shareholders to understand our process and see for themselves the qualities and type of leadership we look for when considering our investments."

Presenting at the conference this year were:

David M. Rubenstein, Co-founder and Co-CEOThe Carlyle Group LP

Steven Spinner, CEO and PresidentUnited Natural Foods, Inc.

Robert A. Katz, Chairman of the Board and CEOVail Resorts, Inc.

Frank J. Coyne, Chairman and CEOVerisk Analytics, Inc.

Kevin Plank, Founder, Chairman of the Board, CEO and PresidentUnder Armour, Inc.

The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund and the Baron Focused Growth Fund; Cliff Greenberg, portfolio manager, Baron Small Cap Fund; Alex Umansky, portfolio manager, Baron Fifth Avenue Growth Fund and Baron Global Advantage Fund; Mike Lippert, portfolio manager, Baron Opportunity Fund; Andrew Peck, portfolio manager, Baron Asset Fund; Michael Kass, portfolio manager, Baron International Growth Fund and Baron Emerging Markets Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund, and James Stone, portfolio manager of Baron Energy and Resources Fund. Linda Martinson is a 29-year Baron veteran and serves as the firm's president.

About Baron Funds and Baron Capital Group

Baron Funds include twelve no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), and Baron Energy and Resources Fund (BENFX; BENIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, a unit of Baron Capital Group.

Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99 -BARON to receive a prospectus in the mail. Baron Capital, Inc. is the distributor of the Baron Funds.

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