TrueShares Adds RiverNorth to Manage SPAC Sleeve of PVEX

TrueMark Investments has appointed RiverNorth Capital Management as sub-adviser to the TrueShares Convequity ETF (PVEX), effective September 28, 2026, specifically to manage the fund’s pre-merger SPAC investments. RiverNorth will handle day-to-day management of that portion of the portfolio, while TrueMark remains responsible for the fund overall and for its other holdings. Eric Pestrue, CFA, will serve as portfolio manager for the SPAC sleeve. The appointment does not increase the fund’s management fee, as RiverNorth will be paid by TrueMark from its existing advisory fee.