Conrad van Tienhoven serves as Principal and Portfolio Manager for the RiverPark Long/Short Opportunity Fund since December 2022. He brings extensive experience in growth equity analysis, having previously served as Senior Analyst on the Baron iOpportunity Fund where he covered internet media, ecommerce, hardware, software, and online business services sectors. His career also includes work at the Baron Fifth Avenue Growth Fund as a large-cap growth generalist. Prior to his investment management career, he held positions at Dean Witter Reynolds and Smith Barney, providing a foundation in financial services. Conrad earned his B.A. in Economics from the University of Texas, establishing his analytical credentials. His experience spans multiple market cycles and technology evolution phases. He specializes in identifying secular growth trends and evaluating management teams. His investment approach emphasizes fundamental research and long-term value creation. Conrad's background combines quantitative analysis skills with qualitative assessment capabilities. His leadership of the fund reflects RiverPark's commitment to research-driven investment strategies.

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The Fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark believes have above-average growth prospects and selling short equity securities deemed competitively disadvantaged over the long term. The Fund's investment goal is to achieve above average rates of returns with less volatility and less downside risk as compared to U.S. equity markets. The Adviser uses in-depth, fundamental research focusing on dominant secular, economic, and demographic changes. RiverPark's investment philosophy is based on secular trends and disciplined long-term fundamental research. The Fund expects to invest primarily in the securities of U.S. companies, but it may also invest outside the U.S. The five-step investment process includes identifying secular trends, industry analysis, deep company-specific financial modeling, management evaluation, and seeking valuation disparities. The Fund will normally leverage its long positions by 15-30% and maintain a short book of between 40%-70% of its equity. Risk management includes diversification, limiting maximum industry exposure to 30% gross/15% net, and maximum un-levered position sizes with longs capped at 10% and shorts at 3%. The Fund uses derivatives like options for hedging and capital protection. We are committed to building portfolios with strong fundamentals that aim to provide superior returns over multiple economic cycles.

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