The RIVERNORTH CAPITAL MANAGEMENT, LLC is a privately held investment adviser that advises $6.17Bn in regulatory assets under management held in 1 SEC fund types across 3 investment strategies. RIVERNORTH CAPITAL MANAGEMENT, LLC is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 16.86% over the last 5-years.
The Group has been registered with the SEC for 23.81 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 360 S. ROSEMARY AVE SUITE 1420, WEST PALM BEACH, FLORIDA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 20 employees comprised of 10 investment and 10 non-investment staff. The total number of Employees remained the same over the last few years.
Their $6.17Bn in assets advised are owned by 5 private funds, 16 public funds and BDCs and 11 other accounts. Assets of Investment Companies (IC) clients own $4.63Bn or 75.15% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $1.39Bn or 22.53% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Fund of Funds and Multi Strat, representing 55.15%, 27.68% and 17.16% of total assets, respectively.
They advise 4 types of clients, top clients are Investment Companies (IC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 3 Fund Administrators, 2 Fund Auditors, 6 Prime Brokers, 7 Custodians and 3 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
RIVERNORTH CAPITAL MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.