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RiverPark Converts A $9 Million Hedge Fund Into A Mutual Fund

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  • "RiverPark Advisors announced the launch of its third liquid alternatives fund, the Structural Alpha Fund, which joins the RiverPark Long/Short Opportunity Fund and RiverPark Gargoyle Hedged Value Fund."

    That's a very peculiar press release, in the sense that "the launch" of RSAFX occurred almost three months ago (June 28, to be exact). The press release announcing "the launch" has been faithfully reproduced at The Street, Motley Fool and - along with reports on the work of "intimacy coaches" - the sports-oriented SportBalla site.

    Odd.

    David
  • What is more odd to me is the wire lists institutional shares costing more than investor shares. THAT is wierd.
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