, a New York City-based asset manager preparing to jump into the mutual fund industry, is about to launch a hunt for fund service providers.
"I'd like to reach out to potential service providers over the next couple of weeks and make a decision in the
next four to six weeks," RiverPark CEO Morty Schaja
said in an interview.
by The MFWire
yesterday, RiverPark filed with the SEC last week
to launch six mutual funds.
Of the six mutual funds RiverPark plans to launch, two will be managed in-house, while Wedgewood Partners
will sub-advise one, Cohanzick
will sub-advise another and Gravity Partners
will sub-advise two.
On the ETF side, RiverPark currently sub-advises four active ETFs for Grail Advisors.
Schaja and RiverPark CIO Mitch Rubin
, both alums
of Baron Capital, started RiverPark in 2006. Other Baron alums in the company include principal and
portfolio manager Conrad van Tienhoven
and head trader
. The latest addition to the list is Matt Kelly
, who joined the firm
as marketing and distribution head.
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