RiverPark Long/Short Opportunity Fd Retail
RLSFX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 156 West 56th Street New York NY United States of America 10019
- IPO Date
- Apr 2, 2012
- CIK
- 0001494928
- Website
- riverparkfunds.com
- Similar Companies
- Business
- RiverPark Long/Short Opportunity Fund Retail (RLSFX) is a mutual fund that seeks long-term capital appreciation while managing downside volatility through a long/short equity strategy, investing primarily in securities of U.S. companies with above-average growth prospects on the long side and shorting those deemed competitively disadvantaged over the long term; it limits foreign issuer exposure to no more than 15% of assets and typically maintains 40-60 long positions and 40-75 short positions with a net long exposure of 20-70%. The fund, managed by RiverPark Advisors, LLC, offers Retail Class shares with a net expense ratio of 2.00% and is part of the Long-Short Equity category, benchmarked against the S&P 500 Total Return Index. RiverPark Advisors, headquartered in New York, NY, and founded in 2006, launched the predecessor private fund in September 2009 and converted it to a mutual fund in March 2012 under RiverPark Funds Trust. The fund's core offerings include opportunistic long positions in equities across all capitalizations, focusing on sectors such as technology, healthcare, and consumer services; short positions in firms with challenged business models or in declining industries; and limited non-U.S. investments for diversification. It emphasizes research-driven stock selection led by Portfolio Manager Conrad van Tienhoven, Principal at RiverPark Advisors since the firm's inception, with prior experience at Baron Funds. The strategy targets above-average returns with reduced volatility compared to broader U.S. equity markets, as evidenced by annualized performance since mutual fund inception (March 30, 2012) of 4.61% for RLSFX as of recent quarters. Recent developments include strong quarterly performance, with Q2 2025 returns of 10.36% driven by long positions in AI and technology leaders like NVIDIA and Microsoft, and Q3 2025 gains of 4.25% amid market adaptations; the fund increased gross exposure while adjusting net long positions in response to economic shifts such as Federal Reserve rate cuts. RiverPark Advisors expanded its offerings with the January 2025 launch of RiverPark Partners, following the January 2024 debut of RiverPark/Next Century Large Growth Fund and June 2023 introduction of RiverPark/Next Century Growth Fund, enhancing the firm's multi-strategy platform that now manages over $1 billion in assets. No major acquisitions, funding rounds, or reorganizations specific to RLSFX were reported in the last 1-2 years, though the firm maintains alignment through over $25 million in employee investments across strategies.