Private Funds

RiverNorth Private Funds are private investment funds offered to accredited investors who must meet certain qualifications to be eligible to invest. Private funds are managed by RiverNorth Capital Management, LLC ("General Partner").

  • RiverNorth Capital Partners, L.P. - RiverNorth Capital Partners, L.P. is a long/short strategy that invests in and seeks to exploit inefficiencies in the secondary market of closed-end funds.
  • RiverNorth Institutional Partners, L.P. - RiverNorth Institutional Partners, L.P. is a long/short strategy that invests in and seeks to exploit inefficiencies in the secondary market of closed-end funds.
  • RiverNorth Institutional Partners Offshore, Ltd. - RiverNorth Institutional Partners Offshore, Ltd. is a long/short strategy that invests in and seeks to exploit inefficiencies in the secondary market of closed-end funds by investing exclusively in RNIP, an affiliated limited partnership ("Master Fund").
  • RiverNorth SPAC Arbitrage Fund, L.P. - RiverNorth SPAC Arbitrage Fund, L.P. is a strategy that invests in securities of SPACs, special purpose companies whose business plan is to raise capital in an IPO and, within a specific period of time, engage in a merger or acquisition with one or more unidentified companies.

This information does not constitute an offer to sell, or a solicitation of an offer to invest in the Partnership/LLC. Any such offer will be made exclusively to qualified investors on a private placement basis, and only by means of the Partnership's/LLC's private placement memorandum, which contains detailed information concerning the investment terms and the risks associated with an investment. An investment in the Fund is not suitable for all investors. Before making any investment in the Partnership/LLC, you should thoroughly review the Memorandum with your legal, financial and tax advisors to determine whether an investment in the Fund is suitable for you. You should not rely in any way on this information.

Past performance is not indicative of future results. Performance is an estimate net of all fees and subject to change pending audit results. The performance discussed herein reflects an investment for a period of time. It should not be assumed future investors would experience returns, if any, comparable to those illustrated herein.

Market index information shown herein, such as that of the S&P Municipal Bond Index is included to show relative market performance for the periods indicated and not as standards of comparison, since these are unmanaged, broadly based indices which differ in numerous respects from the portfolio composition of the Partnership.

Hedge Funds: (i) often engage in leveraging and other speculative investment practices that may increase the risk of investment loss; (ii) can be highly illiquid; (iii) are not required to provide periodic pricing or valuation information to investors; (iv) may involve complex tax structures and delays in distributing important tax information; (v) are not subject to the same regulatory requirements as mutual funds; (vi) often charge high fees.

Potential risks include: Borrowing Risk - borrowings increase fund expenses and are subject to repayment, possibly at inopportune times; Closed-End Fund Risk - closed-end funds are exchange traded, may trade at a discount to their net asset values and may deploy leverage; Short Sale Risk - short positions are speculative, are subject to transaction costs and are riskier than long positions in securities.

Special purpose acquisition companies ("SPACs") are collective investment structures that pool capital in order to seek potential acquisition opportunities. SPACs and similar entities, often referred to as "blank check" companies, have no operating history or ongoing business other than to seek a potential acquisition. Certain SPACs may seek acquisitions only in limited industries or regions, which may increase the volatility of their prices. Investments in SPACs may be illiquid and/or be subject to restrictions on resale. To the extent the SPAC is invested in cash or similar securities, this may impact a Fund's ability to meet its investment objective.

The information contained on this site is strictly confidential and intended for Accredited Investors, Qualified Clients and Qualified Purchasers approved by RiverNorth Capital Management, LLC.

Allen Webb is a registered representative of ALPS Distributors, Inc.

If you need assistance, please call 312.832.1440 or email us at info@rivernorth.com.