Altegris has hired a Neuberger Berman alum and academic to serve as its new chief investment officer.

Jack Rivkin will now serve the La Jolla, California-based alternative investment shop in that role. He will oversee the firm's Research and Investments Group as well as sit on the firm's Investment Committee. He will identify, select and monitor fund managers across multiple investment disciplines and will oversee asset allocation and research for Altegris products.

Rivkin joined Altegris from Aquiline Capital Partners, where he had served as an executive adviser.

He retired in 2008 as EVP, CIO and head of private asset management for Neuberger Berman. Rivkin had been appointed to that role in 2003.

From 1993 to 2001 he worked at Citigroup, first as a vice chairman and director of Global Research at Smith Barney, ultimately a Citigroup subsidiary, and then as an executive vice president with Citigroup Investments from 1994 through 2001. He also served as an adjust professor at Columbia University, specializing in security analysis and venture capital courses.

From 1987 to 1992 he was director of Global Research and, subsequently, Head of the Worldwide Equities Division of Lehman Brothers Inc..

His exploits at Lehman are the subject of a Harvard Business School case study: �Lehman Brothers; Rise of the Equity Research Department,� 2006.

�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,� stated 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.�

Here is the press release:

Company Press Release

JACK RIVKIN JOINS ALTEGRIS AS CHIEF INVESTMENT OFFICER
� Industry Veteran Brings Management, Research, Analysis and Academic Experience to Pivotal Alternative Investments Role

LA JOLLA, CA � December 17, 2013 � Altegris, provider of premier alternative investments, has named Jack L. Rivkin Chief Investment Officer. Mr. Rivkin will oversee the firm�s Research and Investments Group and will be a member of the Altegris Investment Committee. He will also have overall responsibility for identifying, selecting and monitoring fund managers across multiple investment disciplines and will oversee asset allocation and research for Altegris products. He will be a key representative of Altegris in the investment community.

A respected thought leader, Mr. Rivkin has held senior roles in the investment industry with Neuberger Berman, Citigroup Investments, and PaineWebber, among others. His managerial achievements have been featured in one of Harvard Business School�s most popular case studies, �Lehman Brothers: Rise of the Equity Research Department,� 2006.

�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.�

� Mr. 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, the acquirer of Mitchell Hutchins, including CFO of PaineWebber, CEO of PaineWebber Mitchell Hutchins (PaineWebber�s equity trading and investment arm), Chairman of Mitchell Hutchins Asset Management and President of PaineWebber Capital.

� He later served as Director of Global Research and head of the Worldwide Equities Division of Lehman Brothers Inc. Following his time at Lehman Brothers, 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 Investmentsmaking direct investments and leading an investment team. He was Chief Investment Officer 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 addition to his direct experiences in the investment industry, Mr. Rivkin was an adjunct professor at Columbia University, where he taught security analysis. He is also the co-author of Risk & Reward�Venture Capital and the Making of America�s Great Industries. He has served as a director of the New York Society of Security Analysts, the World Policy Institute, LEDA, multiple private companies and, currently, Idealab and Dale Carnegie. He earned his Professional Engineering degree from the Colorado School of Mines and his MBA from the Harvard Graduate School of Business Administration.

� �Evaluating and managing investments and investment managers has been a focus of my career for many years. I�m eager to put my knowledge and experience to work for Altegris,� said Mr. Rivkin. �I got to know the Altegris team intimately during the due diligence process leading to the company�s recent transaction. Altegris�s specialized approach to alternative investments, commitment to thorough research and analysis, and dedication to educating investors resonated deeply with me. I look forward to being a part of the team and helping the firm achieve continued success at the forefront of providing investment solutions.�

About Altegris

Altegris searches the world to find what we believe are the best alternative investments. Our suite of alternative investment solutions are designed for financial professionals and individuals seeking to improve portfolio diversification.

� With one of the leading research and investment groups focused solely on alternative investments, Altegris follows a disciplined process for identifying, evaluating, selecting, and monitoring investment talent across a spectrum of alternative strategies including managed futures, global macro, long/short equity, event-driven and others. As veteran experts in the art and science of alternatives, Altegris guides investors through the complex and often opaque universe of alternative investing.

� Alternatives are in our DNA. Our very name, Altegris, highlights our singular focus on alternatives, the highest standards of integrity, and a process that constantly seeks to minimize investor risk while maximizing potential returns.

� The Altegris group of affiliated companies is wholly-owned and controlled by (i) private equity funds managed by Aquiline Capital Partners LLC and its affiliates (�Aquiline�), and by Genstar Capital Management, LLC and its affiliates (�Genstar�), and (ii) certain senior management of Altegris and other affiliates. Established in 2005, Aquiline focuses its investments exclusively in the financial services industry. Established in 1988, Genstar focuses its investment efforts across a variety of industries and sectors, including financial services. The Altegris companies include Altegris Investments, Altegris Advisors, Altegris Funds, and Altegris Clearing Solutions. Altegris has 110 employees who are 100% focused exclusively on alternative investments. As of September 30, 2013, Altegris had $2.68 billion in client assets, and provided clearing services to $671 million in institutional assets.

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