BATTERY PARK FUNDS, INC.
Supplement dated October 31, 2000 to the
Prospectus dated January 28, 2000
The information below replaces the information on Page 11 of the
Battery Park Funds, Inc., prospectus in the section entitled "Management of the
Fund-Portfolio Manager"
Effective October 19, 2000, Robert Levine is the portfolio manager of the Fund.
Mr. Levine is a Chairman, President and a Director of the Fund. Mr. Levine is
also the founder, President and Chief Executive Officer of the Investment
Adviser and an Executive Managing Director of Nomura Holding America Inc., a
parent company, since 1991. Mr. Levine is Chief Investment Officer for all of
the Investment Adviser's high yield portfolios. Prior to his present position
at the Investment Adviser, Mr. Levine was with Kidder, Peabody & Co., Inc.
("KPC") for thirteen years. His most recent position at KPC was President of
Kidder, Peabody High Yield Asset Management, Inc. and Managing Director for KPC.
Formerly, he was a Managing Director of the Merchant Banking Department and
Director of Research at the Kidder, Peabody High Yield Research Department.
Prior to the formation of the High Yield Research Group, Mr. Levine was the
Director of Corporate Bond Research in the Kidder, Peabody Fixed Income
Research Department. Prior to that, Mr. Levine was an Analyst with Morgan
Guaranty Trust Company. He earned his MBA from the Wharton School of Finance and
undergraduate degree from the City College of New York. Mr. Levine is a
Chartered Financial Analyst.
