Matt Camuso Appointed Executive Director and Head of ETF Solutions; Bryan Moore Appointed Executive Director and Head of ETF Capital Markets

Baron Capital, a premier growth equity investment management firm with a 43-year track record of long-term, fundamental, research-driven investing, today announced the additions of Matt Camuso, Executive Director, Head of ETF Solutions, and Bryan Moore, Executive Director, Head of ETF Capital Markets. These appointments underscore Baron Capital’s commitment to investing in the leadership, infrastructure, expertise, and distribution support needed to deliver its Active ETF platform and meet growing demand for its actively managed strategies.

“Matt and Bryan will play a crucial role in delivering our Active ETF platform as we thoughtfully expand our investment offerings,” said Michael Baron, Co-President of Baron Capital. “Their deep experience in ETF markets, execution, product design, and distribution will strengthen capital markets execution, support product launches, and help build the ETF solutions that our clients seek.”

Matt Camuso, Executive Director, Head of ETF Solutions, will shape client engagement and serve as the key liaison between ETF investment teams, distribution partners, and investors to communicate Baron Capital’s investment philosophy, product positioning, and portfolio applications. Matt, with more than 13 years of ETF industry experience, most recently served as Head of ETF Solutions at BNY Investments and held prior roles at JPMorgan Asset Management and State Street Global Advisors.

Bryan Moore, Executive Director, Head of ETF Capital Markets, will lead Baron Capital’s ETF capital markets strategy. He will oversee product launches, liquidity, execution, and relationship-building with authorized participants, market makers, and broker-dealers. Bryan joins Baron Capital with more than 20 years of experience and specialized expertise in launching ETF products. He most recently served as Head of ETF Trading and Capital Markets at Harbor Capital Advisors.

“As interest in actively managed ETFs continues to grow, it’s critical that we have the right resources in place to support our investors,” said Katya Rosenblatt, Senior Managing Director, Global Head of Distribution and Business Development. “The additions of Matt and Bryan underscore our continued investment in the Active ETF platform and reflect our commitment to delivering the access, transparency, execution, and operational support needed to provide a consistent, high-quality experience for clients.”

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About Baron Capital

Baron Capital is a research and asset management Firm focused exclusively on delivering growth equity investment solutions to institutions, financial advisors, and individual investors. Since its founding in 1982, Baron Capital has been united under one style of investing with a single objective–to be long-term investors in secular growth businesses with durable competitive advantages, run by great management teams. With $49.9 billion in assets under management (as of 12/31/2025) across 23 strategies, Baron Capital prides itself on delivering top performance with 96% of Baron Funds AUM outperforming their respective benchmarks since inception (as of 12/31/2025).

Risks: All investments are subject to risk and may lose value.

Ranking information provided is calculated for the Institutional Share Class and is as of 12/31/2025. The number of share classes in each category may vary depending on the date that Baron downloaded information from Morningstar Direct. Morningstar calculates its category average performance and rankings using its Fractional Weighting methodology. Morningstar rankings are based on total returns and do not include sales charges. Total returns account for management, administrative, and 12b-1 fees and other costs automatically deducted from fund assets. The Morningstar Large Growth Category consisted of 1080, 936, and 755, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron Opportunity Fund in the 22ⁿᵈ, 70ᵗʰ, 3ʳᵈ, and 3ʳᵈ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 2/29/2000, and the category consisted of 540 share classes. Morningstar ranked Baron Partners Fund in the 7ᵗʰ, 40ᵗʰ, 1ˢᵗ, and 1ˢᵗ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund converted into a mutual fund 4/30/2003, and the category consisted of 666 share classes. The Morningstar Mid Cap Growth Category consisted of 490, 446, and 371, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron Asset Fund in the 40ᵗʰ, 56ᵗʰ, 33ʳᵈ, and 12ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 6/12/1987, and the category consisted of 63 share classes. Morningstar ranked Baron Growth Fund in the 100ᵗʰ, 90ᵗʰ, 80ᵗʰ, and 15ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 12/31/1994, and the category consisted of 154 share classes. Morningstar ranked Baron Focused Growth Fund in the 7ᵗʰ, 2ⁿᵈ, 1ˢᵗ, and 1ˢᵗ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund converted into a mutual fund 6/30/2008, and the category consisted of 378 share classes. The Morningstar Small Cap Growth Category consisted of 531, 496, and 389, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron Small Cap Fund in the 85ᵗʰ, 53ʳᵈ, 30ᵗʰ, and 12ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 9/30/1997, and the category consisted of 212 share classes. Morningstar ranked Baron Discovery Fund in the 34ᵗʰ, 65ᵗʰ, 6ᵗʰ, and 5ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 9/30/2013, and the category consisted of 453 share classes. The Morningstar Real Estate Category consisted of 215, 196, and 153, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron Real Estate Fund in the 8ᵗʰ, 26ᵗʰ, 1ˢᵗ, and 1ˢᵗ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 12/30/2009, and the category consisted of 156 share classes. Morningstar ranked Baron Real Estate Income Fund in the 15ᵗʰ, 24ᵗʰ, and 2ⁿᵈ percentiles for the 1-, 5-year, and since inception periods, respectively. The Fund launched 12/29/2017, and the category consisted of 188 share classes. The Morningstar Foreign Large Growth Category consisted of 395, 343, 224, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron International Growth Fund in the 42ⁿᵈ, 70ᵗʰ, 48ᵗʰ, and 24ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 12/31/2008, and the category consisted of 227 share classes. The Morningstar Diversified Emerging Markets Category consisted of 751, 620, and 460, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron Emerging Markets Fund in the 58ᵗʰ, 81ˢᵗ, 79ᵗʰ, and 12ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 12/31/2010, and the category consisted of 331 share classes. The Morningstar Health Category consisted of 172 and 152 share classes for the 1- and 5-year periods. Morningstar ranked Baron Health Care Fund in the 82ⁿᵈ, 64ᵗʰ, and 6ᵗʰ percentiles for the 1-, 5-year, and since inception periods, respectively. The Fund launched 04/30/2018, and the category consisted of 134 share classes. The Morningstar Aggressive Allocation Category consisted of 88 and 87 share classes for the 1- and 5-year periods. Morningstar ranked Baron WealthBuilder Fund in the 81ˢᵗ, 94ᵗʰ, and 1ˢᵗ percentiles for the 1-, 5-year, and since inception periods, respectively. The Fund launched 12/29/2017, and the category consisted of 86 share classes. The Morningstar Global Large-Stock Growth Category consisted of 313, 271, and 187, share classes for the 1-, 5-, and 10-year periods. Morningstar ranked Baron Global Opportunity Fund in the 5ᵗʰ, 96ᵗʰ, 11ᵗʰ, and 17ᵗʰ percentiles for the 1-, 5-, 10-year, and since inception periods, respectively. The Fund launched 12/29/2017, and the category consisted of 198 share classes. The Morningstar Technology Category consisted of 251 share classes for the 1-year period. Morningstar ranked Baron Technology ETF in the 71ˢᵗ, and 33ʳᵈ percentiles for the 1-year, and since inception periods, respectively. The Fund launched 12/31/2021, and the category consisted of 222 share classes.

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BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).

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