LA JOLLA, Calif., Nov. 9, 2016 /PRNewswire/ -- Altegris today announced, with great sadness, the passing of its CEO and Chief Investment Strategist, Jack Rivkin, following a courageous battle with cancer. Mr. Rivkin joined the firm in December 2013, serving as Chief Executive Officer and Chief Investment Strategist since February 2016, and Chief Investment Officer prior to that.
"As a trusted leader, respected spokesman and loyal friend, Jack made invaluable contributions to our firm, setting the foundation for future success," said Matt Osborne, Co-Founder and Chief Investment Officer at Altegris. "We are honored to have had the opportunity to work with Jack and are thankful for his dedication. He will be greatly missed."
Mr. Rivkin had a long and varied career in the investment industry across private and public equity, investment policy and management. With almost 50 years of investment research and asset class experience, Mr. Rivkin was known as a keen observer of investment and business strategy.
"Jack will be remembered for his unwavering commitment to our firm and industry, and love for his friends and family. Jack leaves an admirable legacy, as his skilled management, research and academic experience have left a lasting mark on our industry," said Steven Spiegel, Co-Founder, Partner, and Principal at Aquiline Capital Management.
Mr. Rivkin was a key representative of Altegris in his role as CEO and Chief Investment Strategist, and member of the firm's Investment Committee. Prior to joining the firm in 2013, Mr. Rivkin held several roles in the investment industry in his extensive career with Neuberger Berman, Citigroup Investments, and PaineWebber. He was the principal subject in a series of one of Harvard Business School's most popular case studies, "Lehman Brothers: Rise of the Equity Research Department," 2006.
Martin Beaulieu will assume the responsibility of CEO in addition to his responsibility as Executive Chairman, effective immediately.
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About Jack Rivkin
Mr. Rivkin began his investment career as an analyst at Mitchell Hutchins, where he later became Director of Research. He subsequently held several executive positions with PaineWebber, the acquirer of Mitchell Hutchins, including CFO of PaineWebber, CEO of PaineWebber Mitchell Hutchins, Chairman of Mitchell Hutchins Asset Management and President of PaineWebber Capital.
He later served as Director of Global Research and head of the Worldwide Equities Division of Lehman Brothers Inc. Following his time at Lehman Brothers, he was a Vice Chairman and Director of Global Research at Smith Barney (ultimately a subsidiary of Citigroup), and an Executive Vice President with Citigroup Investments making direct investments and leading an investment team. He was Chief Investment Officer and Head of Private Asset Management at Neuberger Berman and subsequently continued as a Trustee of the Neuberger mutual fund complex. Most recently, he was an Executive Adviser with Aquiline Capital Partners.
In addition to his direct experiences in the investment industry, Mr. Rivkin was an adjunct professor at Columbia University, where he taught security analysis. He is also the co-author of Risk & Reward—Venture Capital and the Making of America's Great Industries. He served as a director of the New York Society of Security Analysts, the World Policy Institute, LEDA, multiple private companies and, currently, Idealab and Dale Carnegie. He earned his Professional Engineering degree from the Colorado School of Mines and his MBA from the Harvard Graduate School of Business Administration.
Altegris is an investment research firm, with deep expertise in alternative manager selection, structuring unique solutions, and providing portfolio management and oversight. Beginning with an analysis of the current and anticipated investment environment, our solutions are based on themes that we believe solve the most important client needs.
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