Paul Leung
Portfolio Manager and Analyst, Growth Group at Victory Capital Management Inc.
About
Paul Leung is Portfolio Manager and Deputy Chief Investment Officer of the RS Growth team at Victory Capital Management Inc., based in San Francisco. At Victory Capital (following its 2016 acquisition of RS Investments), he is responsible for co-managing several growth-oriented funds, including the Victory RS Mid Cap Growth Fund and Victory RS Small Cap Equity Fund, with a core focus on identifying companies exhibiting sustainable long-term earnings growth.
Mr. Leung specializes in the technology sector, having begun his investment career in 1999 and covering technology as a lead analyst since joining RS Investments in 2012. He has also held research and portfolio management responsibilities across the technology, media, and telecom sectors, emphasizing innovative and disruptive businesses that have the potential to reshape industries.
Prior to Victory Capital, Mr. Leung served as a senior investment analyst at Ashfield Capital Partners, concentrating on the technology sector, and as sector manager and research analyst at Sterling Johnston Capital Management. He holds a B.S. in Applied Economics and Business Management from Cornell University and is a CFA® charterholder, bringing deep expertise in growth equities, fundamental company analysis, and multi-cap market strategies.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| RS Investments | Portfolio Manager and Analyst, Growth Group | Mar 2012 to Present | Manage small cap, smid cap, mid cap, large cap and technology specific portfolios Focus on technology equities |
| Ashfield Capital Partners, LLC | Senior Investment Analyst | Jan 2011 to Mar 2012 | Responsible for Mid and Large Cap Technology Investments |
| Sterling Johnston Capital Management | Portfolio Manager | Jul 2009 to Dec 2010 | Covering Technology Micro/Small/Smid Cap Equities |
| Sterling Johnston Capital Management | Analyst | May 2002 to Sep 2009 | — |
| Citigroup | Senior Financial Analyst | Jul 2001 to Dec 2001 | Sector focuses included Semiconductor Assembly and Test, Electronic Manufacturing Services and IT Services |
| Citigroup | Financial Analyst | Jan 1999 to Jan 2001 | Investment Banking - Technology - New York / Hong Kong |
| Insignia/ESG, Inc | Analyst | Jan 1996 to Jan 1998 | Managed financial modeling, marketing, and due diligence for private placement sale of four building portfolio in Manhattan. Acquired valuation skills in specialized software packages, including Argus... |
Education
Cornell University
BS, Applied Economics and Business Management
1995 — 1999
Stuyvesant High School
1991 — 1995
Skills & Expertise
Others at Victory Capital Management Inc. (26)
| Name | Role | Location |
|---|---|---|
C Chris Dyer | Director of Fund Administration and President, Victory Funds | North Ridgeville, OH , United States |
C Cody Perkins | Senior Portfolio Manager - Money Markets | San Antonio, TX , United States |
 | Portfolio Manager and Analyst | Loveland, OH , United States |
 | Managing Director, Institutional Markets | New York, NY , United States |
M Michael Koskuba | Senior Portfolio Manager | New York, NY , United States |
P Pete Carpenter | Senior Portfolio Manager | Wellesley, MA , United States |
 | Research Analyst | Avon, OH , United States |
S Steve Bishop | Portfolio Manager | San Francisco, CA , United States |
A Adam Mezan | Equity Research Analyst | Berkeley, CA , United States |
A Alexander Pham | Investment Partners | Los Angeles, CA , United States |