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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 76882B108
- Previous Name
- RiverNorth Marketplace Lending Corp.
Fund Description: RiverNorth Specialty Finance Corp is an investment management firm founded in 2000. RiverNorth specializes in opportunistic investment strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is the investment manager to multiple registered and private funds.
Notes: April 15, 2020 -- the Fund’s name has been changed to RiverNorth Specialty Finance Corporation. The Fund’s common shares continue to trade under its existing New York Stock Exchange (“NYSE”) symbol “RSF”. The Fund’s preferred shares continue to trade under the NYSE symbol “RMPL”. CUSIP numbers for RSF and RMPL will not change. Further, the Fund’s investment objective, seeking a high level of current income, will remain the same. Effective as of May 22, 2020, the following changes will be made to the Fund’s investment strategy: Under normal market conditions, invest, directly or indirectly at least 80% of its Managed Assets in marketplace lending investments. TO
Under normal market conditions, invest, directly or indirectly in credit instruments, including a portfolio of securities of specialty finance and other financial companies that the Fund's Advisor believes offer attractive opportunities for income.
Company Contact
- PRS
- Patrick W. Galley
- CFO
- Jonathan M. Mohrhardt
- Headquarters
- 325 North LaSalle Street, Suite 645, Chicago, ILL 60654
- Phone
- 312-832-1440
- Investor Relations
- Chris Lakumb · 312-832-1440 · info@rivernorth.com