Overview
Rivo Alto Capital Funding, LLC (“Rivo Alto”) was founded in 2012 by Joel Eidelstein and Mark Feldman,
Rivo Alto’s indirect principal owners.
Rivo Alto provides discretionary investment advisory services and portfolio management to its clients,
which are pooled investment vehicles (the “Funds”).
Funds are managed in accordance with the terms and conditions set out in respective Fund offering
documents and subscription agreements (collectively herein referred to as “Fund Offering Documents”).
Certain conflicts of interest arising in connection with management of the Funds are described in Items
10, 11 and 14.
Rivo Alto’s advisory services are limited to private fund management with its focus in the private
mortgage sector.
Rivo Alto’s affiliate, New Wave Loans Residential LLC (“NWLR”) is a licensed private lender, which
originates and services the Loans (see Items 8 and 10). NWLR assigns a Loan to a particular Fund,
services the Loan and, on a quarterly basis, distributes net interest and points earned, plus any principal
pay down, to the respective Fund. Further information regarding fees and compensation is found in Item
5.
As of December 31, 2023, Rivo Alto had discretionary regulatory assets under management of
$12,082,501, comprised entirely of Private Fund assets. In addition, Rivo Alto had assets under
advisement of $578,924,479, comprised entirely of 3(c)(5) funds.