Firm Overview

Firm Profile

RiverNorth is an investment management firm founded in 2000 that specializes in opportunistic strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is an institutional investment manager to registered funds, private funds and separately managed accounts.

Why RiverNorth?

Our Investment Philosophy

Our Team

Company Timeline

Date Milestone
Dec 2000 Brian Schmucker founded RiverNorth as a traditional investment advisory firm
Oct 2004 CIO/Portfolio Manager Patrick Galley joined the firm adding closed-end fund expertise
Dec 2006 Launched flagship fund RiverNorth Core Opportunity Fund
Aug 2007 Launched long-short CEF Strategy RiverNorth Capital Partners, L.P.
Jan 2010 Launched long-short CEF Strategy RiverNorth Institutional Partners, L.P.
Aug 2010 Launched RiverNorth Closed-End Fund Index
Dec 2010 Launched RiverNorth/DoubleLine Strategic Income Fund
Dec 2012 Launched RiverNorth/Oaktree High Income Fund
Dec 2015 ALPS Advisors, Inc. & RiverNorth launched RiverNorth Opportunities Fund, Inc.
Sep 2016 Launched RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
Sep 2016 Launched RiverNorth Specialty Finance Corporation
Oct 2018 Launched RiverNorth Opportunistic Municipal Income Fund, Inc.
Jul 2019 Launched RiverNorth Managed Duration Municipal Income Fund, Inc.
Mar 2020 Launched RiverNorth Flexible Municipal Income Fund, Inc.

An investor should consider the investment objective, risks, and charges and expenses of RiverNorth's open-end mutual funds carefully before investing. RiverNorth open-end mutual funds prospectuses contain this and other information about RiverNorth's open-end mutual funds and should be read carefully before investing. An investor can obtain a copy of RiverNorth open-end mutual fund prospectuses at or by calling 888.848.7569.

Shares of RiverNorth's open-end mutual funds are distributed by ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, CO 80203 (Member FINRA).

RiverNorth Capital Management, LLC, ALPS Distributors, Inc., DoubleLine Capital LP and Oaktree Capital Management, L.P. are not affiliated.