La Jolla, California-based alternative investments specialist Altegris has named industry vet Jack L. Rivkin chief investment officer.
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, which acquired Mitchell Hutchins, including CEO of PaineWebber Mitchell Hutchins (PaineWebber’s equity trading and investment arm) and president of PaineWebber Capital.
He later served as director of global research and head of the worldwide equities division of Lehman Brothers after which 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 CIO 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 his new role at Altegris, Rivkin will oversee the firm’s research and investments group and will be a member of the Altegris investment committee with overall responsibility for identifying, selecting and monitoring fund managers across multiple investment disciplines. Rivkin will also oversee asset allocation and research for Altegris products.
“Under Jack’s leadership our world-class team will continue to be at the leading edge of finding and managing what we believe are the best alternative investment solutions and delivering them to wealth managers and their clients,” said Altegris President and CEO Jon Sundt. “His depth of expertise in the investment industry, his specific knowledge of the asset classes important to us and his insightful, analytical approach to research will undoubtedly be tremendous assets to our firm and our clients.”