RiverRock Announces the Appointment of Anthony J. Annino

RiverRock Funds (“RiverRock”), an alternative investment manager based in Austin, Texas, announces the appointment of Anthony J. “Tony” Annino to the senior management team. Mr. Annino is currently the Chief Investment Officer and Treasurer of Perspecta Trust LLC (“Perspecta”), an $11 billion trust company based in Hampton, New Hampshire, which has been a key partner in the growth and success of RiverRock’s life settlement strategy. By year-end, Mr. Annino will transition into the role of Chief Executive Officer of RiverRock. Until then, he will continue in his role at Perspecta – assisting with the transition. Perspecta Trust Chairman and Chief Executive Officer, Paul Montrone, says “Perspecta and RiverRock have been successful partners in life settlements, and we anticipate that Tony’s new role will enhance this partnership as we move forward.”

“Tony brings a wealth of alternative investment experience to the team. His background and engaging approach make him an ideal choice to lead RiverRock for future success,” said Gabe Siegel, Chairman and Co-founder. “He will be instrumental in future growth and putting RiverRock on the best path to success.”

Mr. Annino joins RiverRock with over 14 years of investment and management experience. Prior to Perspecta, Mr. Annino served on the portfolio management team at Cambridge Trust Company, a $3 billion money manager in Boston. He previously served in various management positions in the industrial, legal and lodging industries. 

“RiverRock Funds has a proven track record of delivering quality alternative investments with superior returns, and I am excited to join their team of professionals and continue its successful path,” commented Annino. “The life settlement asset class is unique in its ability to drive double-digit returns in a bond-like structure, and institutional investors are drawn to its low-volatility / high-return qualities.”

About RiverRock Funds

Founded in 2007, RiverRock Funds is an alternative investment manager headquartered in Austin, Texas focused on providing non-correlated investment solutions to institutional and individual investors. RiverRock manages private equity structured investment funds investing in the life settlements asset class and currently manages over $220 million in assets.

For more information on RiverRock Funds visit www.riverrockfunds.com.

Source: RiverRock Funds

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Tags: alternative assets, life settlements, RiverRock Funds, secondary market for life insurance