RiverNorth Appoints Jay Nolan As Portfolio Specialist

Jan 22, 2013, 09:08 ET from RiverNorth Capital Management, LLC

CHICAGO, Jan. 22, 2013 /PRNewswire/ -- RiverNorth Capital Management, LLC, a leading investment management firm specializing in opportunistic investment strategies, announced today that Jay Nolan, CAIA has joined the firm as a Portfolio Specialist. Mr. Nolan will work closely with RiverNorth's investment management team and act as a liaison between investors and portfolio managers.

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"Jay can draw on his extensive background to help investors understand how our strategies can provide diversification and flexibility during markets that are continually evolving," said Patrick Galley, CFA, Chief Investment Officer and Portfolio Manager at RiverNorth. "Jay will serve as an invaluable bridge between RiverNorth's portfolio managers and the investment community as we expand our offerings that capitalize on market inefficiencies."

Prior to joining RiverNorth, Mr. Nolan served as an Assistant Vice President and Senior Research Analyst at Pitcairn, a Philadelphia-based multi-family office. During his tenure at Pitcairn, he helped expand the company's open architecture program, managed investment models of liquid hedge and real asset strategies and performed investment and operational due diligence for various hedge fund managers. Mr. Nolan previously spent six years as an Investment Analyst at Glenmede Trust and began his career at Cambridge Associates. He earned his MBA, with a concentration in Finance, from Emory University and his BBA in Finance from James Madison University. Mr. Nolan also holds the Chartered Alternative Investment Analyst (CAIA) designation.

About RiverNorth

RiverNorth Capital Management, LLC is a leading investment management firm specializing in opportunistic investment strategies including the trading of closed-end funds and volatility.  RiverNorth typically favors under-followed, specialty asset classes where the potential to exploit inefficiencies is greatest. RiverNorth also serves as the Investment Adviser to RiverNorth Funds and is the General Partner of multiple private investment partnerships.

Headquartered in Chicago, RiverNorth's offices can be reached at (312) 832-1440 or info@rivernorth.com.

For more information, please visit www.rivernorthfunds.com.

CONTACT: Jami Schlicher


SOURCE RiverNorth Capital Management, LLC