Riverpark Funds to close, liquidate Gravity Long-Biased fund Oct. 21

By Toni Weeks

San Diego, Oct. 17 - Riverpark Funds Trust announced that its River Park/Gravity Long-Biased Fund is no longer available for sale effective Oct. 18, according to a filing with the Securities and Exchange Commission.

Riverpark said its board of trustees met on Oct. 13 and determined that it was in the best interests of the fund and its shareholders to close the fund and liquidate its portfolio.

The fund will be closed on Oct. 21.

The open-end management investment company is based in New York.

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