The RiverPark Large Growth Fund seeks long-term capital appreciation by investing in large-cap stocks. The RiverPark/Wedgewood Fund has the same investment mandate but will concentrate in only 20 to 30 holdings and be sub-advised by
The RiverPark Small Cap Growth Fund will invest in small-caps, and the RiverPark Short Term High Yield Fund seeks current income and capital appreciation by investing in high-yield bonds with a maturity of less than three years.
“We believe that each of these funds addresses an important investment allocation for investors and their advisers,” said Morty Schaja, chief executive officer and managing partner at RiverPark.