Rivernorth Capital Management, LLC
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
FINTRXOverview
Rivernorth Capital Management, LLC is an SEC-registered investment manager (registered in 2002) organized as an LLC and structured as a hedge fund manager serving primarily institutional clients. The firm provides portfolio management for investment companies, pooled investment vehicles and institutional or business accounts, and it operates in roles consistent with a commodity pool operator/commodity trading advisor. Its revenue model combines asset-based fees with performance-linked compensation, which aligns with its hedge-fund orientation. The firm is linked to both a domestic entity and an individual owner and has affiliations that include acting as an adviser/sponsor and as a general partner or managing member of pooled vehicles. It does not position itself as an active ESG investor and is not identified as a multi-state or newly formed adviser.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient 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 8
Melissa Braun
ControllerCRD 5222655

Jonathan Browne
Portfolio ManagerCRD 5170673

Eric Pestrue
Senior Investment Analyst and Portfolio ManagerCRD 4416631
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 7Active vs passive
$74.9M in ETFs
91%
$68.3M
9%
$6.6M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES NATIONAL MUNI BOND ETF (MUB) | BlackRock | Passive | Muni National Interm | $36.7M | 340,663 | 48.94% |
Location
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
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