Meet the Team

  • Patrick Galley, CFA

    Chief Executive Officer, Chief Investment Officer
    RIVERNORTH

    Patrick joined RiverNorth in 2004 and serves as Chief Executive Officer and Chief Investment Officer. Patrick is responsible for strategic planning and business development and oversees all portfolio management activities at RiverNorth. In addition, Patrick serves as the President and Chairman of all RiverNorth proprietary funds. Prior to joining RiverNorth, Patrick was Vice President at Bank of America in the Global Investment Bank's Portfolio Management group where he specialized in analyzing and structuring corporate transactions for investment management firms in addition to closed-end and open-end funds, hedge funds, fund of funds, structured investment vehicles and insurance/reinsurance companies. Patrick graduated with honors from Rochester Institute of Technology with a B.S. in Finance. He is a CFA Charterholder and member of the CFA Institute and the CFA Society of Chicago.

  • Joseph Bailey, CFA, CAIA

    Portfolio Manager, Investment Analyst
    RIVERNORTH

    Joseph joined RiverNorth in 2017 and serves as a Portfolio Manager and Investment Analyst. He supports the firm's business development, marketing and investment teams, providing analytical insights and developing processes to enhance efficiency. Prior to joining RiverNorth, Joseph worked at a venture capital firm where he focused on market analysis and outreach. Joseph graduated from Loyola University Chicago with a B.S. in Biology where he also earned his M.S. in Finance. Joseph also holds the CAIA designation and is a Chartered Financial Analyst.

  • Michael N. Loukas

    Principal & Chief Executive Officer
    TRUEMARK INVESTMENTS

    Mr. Loukas brings over 20 years of industry experience to TrueMark. Previously, Michael served as President and CEO of USA Mutuals, where he was directly responsible for executing the company’s strategic vision on a day to day basis. Mr. Loukas was also a founding Principal and CEO of WaveFront Capital Management in San Francisco, an institutional investment advisor that specializes in Emerging Markets and China. Over the course of his career, Michael has held similar leadership roles at several other alternative investment firms including Evolution Realty Capital, Thompson National Properties, the Kelmoore Investment Company, and Security Benefit. Mr. Loukas began his career with Morgan Stanley Dean Witter and also worked as an institutional equity salesman for CIBC Oppenheimer prior to moving into the registered investment company space. Mr. Loukas received a Bachelor of Arts in Government & International Politics with a minor in Economics from Bowdoin College.

PARTNERS

  • RIVERNORTH CAPITAL MANAGEMENT

    The Sub-Advisor of the fund is RiverNorth Capital Management, an investment management firm founded in 2000 that manages $5.4 billion in assets. The firm specializes in opportunistic strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is an institutional investment manager to registered funds, private funds and separately managed accounts.

  • TRUESHARES BY TRUEMARK INVESTMENTS

    The Advisor of the fund is TrueMark Investments, an investment management firm founded in 2019 that focuses on providing investors with ETFs that deliver exposure to thematic, modern economy asset classes and industries. Named Newcomer ETF Firm of the Year in 2021 by Fund Intelligence, TrueShares has developed 17 ETFs for a variety of investors.