Investment adviser · CRD 122020

RIVERNORTH CAPITAL MANAGEMENT, LLC

Investment adviser filing (IA)

WEST PALM BEACH, FL, United States · Form ADV filed Mar 31, 2026

Regulatory AUM
$6.17B
Form ADV · Item 5.F
Client accounts
32
Accounts, not individual clients
Employees
20
Reported in this filing
Advisory professionals
10
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Investment companies16$4,634,920,18875.1%
Pooled investment vehicles5$1,389,372,69922.5%
Other investment advisers10$143,470,0452.3%
CharitiesFewer than 5$10,3620.0%
Filing source

Form ADV 2055322 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

7 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

RIVERNORTH INSTITUTIONAL PARTNERS L.P.Hedge Fund · Last reported Mar 31, 2026$473MGross asset value

Form D fundraising filings

RiverNorth Institutional Partners, L.P.

Feeder funds

  • RIVERNORTH INSTITUTIONAL PARTNERS OFFSHORE LTD.
Fund administrator SS&C ALPS ALTERNATIVE INVESTMENT SERVICES BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP CHICAGO, Illinois, United States
Custodian INTERACTIVE BROKERS LLC NEW YORK, New York, United States Related to adviser: No
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No
Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC NEW YORK, New York, United States
Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States
Prime broker SG AMERICAS SECURITIES, LLC NEW YORK, New York, United States
Prime broker TD SECURITIES (USA) LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

KPMG LLP
PCAOB 185

INTERACTIVE BROKERS LLC
SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

WELLS FARGO SECURITIES, LLC
SEC 8-65876

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

SG AMERICAS SECURITIES, LLC
CRD 128351 · SEC 8-66125

Fund details & source
Fund ID
805-3884735416
Reported beneficial owners
194
Minimum commitment
$250K
Form D file number
021-137758

Form ADV 2055322 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

RIVERNORTH SPAC ARBITRAGE FUND, LPHedge Fund · Last reported Mar 31, 2026$234MGross asset value

Form D fundraising filings

Rivernorth SPAC Arbitrage Fund, LP

Fund administrator SS&C ALPS ALTERNATIVE INVESTMENT SERVICES BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG CHICAGO, Illinois, United States
Custodian CANTOR FITZGERALD & CO. NEW YORK, New York, United States Related to adviser: No
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No
Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker CANTOR FITZGERALD & CO. NEW YORK, New York, United States
Prime broker CLEAR STREET LLC NEW YORK, New York, United States
Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

KPMG
PCAOB 185

CANTOR FITZGERALD & CO.
SEC 8-201

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

WELLS FARGO SECURITIES, LLC
SEC 8-65876

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201

CLEAR STREET LLC
CRD 288933 · SEC 8-69972

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Fund details & source
Fund ID
805-6597597017
Reported beneficial owners
14
Minimum commitment
$250K
Form D file number
021-384770

Form ADV 2055322 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

RIVERNORTH SELECT PARTNERS, L.P.Hedge Fund · Last reported Mar 31, 2026$161MGross asset value
Fund administrator SS&C ALPS ALTERNATIVE INVESTMENT SERVICES BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG CHICAGO, Illinois, United States
Custodian INTERACTIVE BROKERS LLC NEW YORK, New York, United States Related to adviser: No
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC NEW YORK, New York, United States
Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States
Prime broker SG AMERICAS SECURITIES, LLC NEW YORK, New York, United States
Prime broker TD SECURITIES (USA) LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG
PCAOB 185

INTERACTIVE BROKERS LLC
SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

WELLS FARGO SECURITIES, LLC
SEC 8-65876

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

SG AMERICAS SECURITIES, LLC
CRD 128351 · SEC 8-66125

Fund details & source
Fund ID
805-3719635995
Reported beneficial owners
24
Minimum commitment
$250K
Form D file number
021-50471

Form ADV 2055322 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

RIVERNORTH CAPITAL PARTNERS, L.P.Hedge Fund · Last reported Mar 31, 2026$115MGross asset value

Form D fundraising filings

RIVERNORTH CAPITAL PARTNERS, L.P.

Fund administrator SS&C ALPS ALTERNATIVE INVESTMENT SERVICES BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP CHICAGO, Illinois, United States
Custodian INTERACTIVE BROKERS LLC NEW YORK, New York, United States Related to adviser: No
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No
Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC NEW YORK, New York, United States
Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States
Prime broker SG AMERICAS SECURITIES, LLC NEW YORK, New York, United States
Prime broker TD SECURITIES (USA) LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

KPMG LLP
PCAOB 185

INTERACTIVE BROKERS LLC
SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

WELLS FARGO SECURITIES, LLC
SEC 8-65876

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

SG AMERICAS SECURITIES, LLC
CRD 128351 · SEC 8-66125

Fund details & source
Fund ID
805-7386946560
Reported beneficial owners
76
Minimum commitment
$250K
Form D file number
021-142430

Form ADV 2055322 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

RIVERNORTH SPECIALTY FINANCE, LLCOther Private Fund · Last reported Mar 30, 2020$14.4MGross asset value
Fund administrator U.S. BANCORP FUND SERVICES MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG CHICAGO, Illinois, United States
Custodian MILLENNIUM TRUST CHICAGO, Illinois, United States Related to adviser: No
Custodian U.S. BANK MILWAUKEE, Wisconsin, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG
PCAOB 185

Fund details & source
Fund ID
805-5057915570
Reported beneficial owners
20
Minimum commitment
$250K
Form D file number
021-263716

Form ADV 1407144 · Mar 30, 2020 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

RIVERNORTH MUNICIPAL PARTNERS, L.P.Hedge Fund · Last reported Oct 18, 2016$10.7MGross asset value

Form D fundraising filings

RIVERNORTH MUNICIPAL PARTNERS, L.P.

Fund administrator ALPS, INC., A DST COMPANY BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP CHICAGO, Illinois, United States
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Fund details & source
Fund ID
805-7578835637
Reported beneficial owners
13
Minimum commitment
$250K
Form D file number
021-147691

Form ADV 1045057 · Oct 18, 2016 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

RIVERNORTH TRADING PARTNERS LPHedge Fund · Last reported Mar 31, 2015$1.58MGross asset value

Form D fundraising filings

RIVERNORTH TRADING PARTNERS, L.P.

Fund administrator ALPS, INC., A DST COMPANY BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor MCGLADREY CHICAGO, Illinois, United States
Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

INTERACTIVE BROKERS LLC
SEC 8-47257

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Fund details & source
Fund ID
805-3411130749
Reported beneficial owners
5
Minimum commitment
$250K
Form D file number
021-198436

Form ADV 904710 · Mar 31, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

360 S. ROSEMARY AVE, SUITE 1420
WEST PALM BEACH, FL, 33401, United States

CRD 122020

Filing source

Form ADV 2055322 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.