RIVERNORTH CAPITAL MANAGEMENT, LLC

RIASEC RegisteredEst. 2002

Total AUM

$6.2B

Discretionary

$6.2B

100% of AUM

Avg account

$193M

Accounts

32

Employees

20

Advisory reps

10

Firm details

Headquarters: WEST PALM BEACH, Florida
CRD number: 122020
Registered since: October 15, 2002
Website: www.rivernorth.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, THE BANK OF NEW YORK MELLON, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, U.S. BANCORP INVESTMENTS, INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies75.15%
Pooled Investment Vehicles22.53%
Other Investment Advisers2.33%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Rivernorth Capital Management, LLC is an SEC-registered hedge fund manager organized as an LLC and operating since 2002. The firm targets institutional clients and runs pooled vehicles and investment-company strategies; its advisory scope includes portfolio management for investment companies, pooled vehicles and institutional or business accounts. It operates with a hedge-fund fee model—charging both a percentage of assets under management and performance-based fees—and also conducts registered commodity pool/CTA activities. Rivernorth functions in sponsor and general-partner roles for pooled vehicles and serves as a managing member on funds it advises. The firm does not identify as an active ESG investor in the available disclosures.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

CRM & tech providers

TAMPs used

Clients

Client base

Client personas

Asset composition

Public Funds/Mutual Funds66%
Other16%
Derivatives7%
Investment Grade Corp Bonds6%
Cash & Cash Equivalents5%

Owners & executives

3 of 3

PATRICK GALLEY
Chief Executive Officer & Chief Investment OfficerCRD 4869392
JONATHAN MOHRHARDT
President, Chief Operating OfficerCRD 3106914
MARCUS COLLINS
General Counsel & Chief Compliance OfficerCRD 3075061

Contacts

3 of 7

MELISSA BRAUN
ControllerCRD 5222655
JONATHAN BROWNE
Portfolio ManagerCRD 5170673
ERIC PESTRUE
Senior Investment Analyst and Portfolio ManagerCRD 4416631

Unlock 4 more contacts →

Wealth teams

Newly hired reps

Recent M&A activity

Recent filings

Awards

ETF holdings

1 of 6

Active vs passive

$47.2M in ETFs

Passive

83%

$39.1M

Active

10%

$8.1M

ETF	Provider	Style	Category	Value	Shares	% of portfolio
ISHARES NATIONAL MUNI BOND ETF (MUB)	BlackRock	Passive	Muni National Interm	$35.8M	336,951	75.80%

Unlock additional holdings →

Primary office

WEST PALM BEACH, FL

PALM BEACH

Location

WEST PALM BEACH, FL

Headquartered in WEST PALM BEACH, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.

Metro area: Miami-Port St. Lucie-Fort Lauderdale, FL
Region: South
County: PALM BEACH
Address: 360 S Rosemary Ave
Time zone: ET (UTC-5)
Office locations

Similar firms

FACET

WEST PALM BEACH, FL

AUM $6BTEAM 168REPS 76

PROSPECT CAPITAL MANAGEMENT L.P.

WEST PALM BEACH, FL

AUM $6.6BTEAM 143REPS 3

ALTAROCK PARTNERS LP

WEST PALM BEACH, FL

AUM $5.7BTEAM 7REPS 2

SKYE GLOBAL MANAGEMENT LP

WEST PALM BEACH, FL

AUM $5.2BTEAM 7REPS 3

GRAMERCY FUNDS MANAGEMENT LLC

WEST PALM BEACH, FL

AUM $7.4BTEAM 75REPS 8

SIRIS CAPITAL GROUP, LLC

WEST PALM BEACH, FL

AUM $4.8BTEAM 24REPS 5

More RIAs in WEST PALM BEACH →All Florida RIAs →