Rivo Alto Capital Funding LLC

Rivo Alto Capital Funding, LLC was established in 2012 by Joel Eidelstein and Mark Feldman, offering discretionary investment advisory services and portfolio management to pooled investment vehicles focused on the private mortgage sector. The firm manages assets totaling $11,075,835 as of December 31, 2024, exclusively from Private Fund assets. Fees for investments are outlined in Fund Offering Documents, with management fees based on outstanding loan balances. Rivo Alto may receive additional fees for services like mortgage origination at market rates. The firm may charge performance fees to "Qualified Clients" meeting specific criteria under the Investment Advisers Act of 1940. Rivo Alto's investment strategy involves first-lien residential and commercial real estate mortgages, managed by its affiliate NWLR. The firm conducts thorough underwriting analyses for credit determinations, monitoring real estate sector trends and macroeconomic factors. Investments are concentrated in mortgage loans, with risks including limited liquidity, interest rate fluctuations, and regulatory changes. Rivo Alto exercises discretion in selecting investments for the Funds, with clients having no decision-making authority. The firm does not engage in soft dollar arrangements or direct brokerage commissions for client referrals. Monthly reviews of Fund holdings are conducted, with quarterly independent audits of cash accounts and compensation. Rivo Alto has custody of client funds and securities under the Custody Rule, complying with audit requirements for each Fund. Clients do not have voting authority over securities.