Investment management firm, RiverNorth Capital, has added the RiverNorth/DoubleLine Strategic Income Fund to the investment platforms of LPL, Raymond James and UBS. The fund also crossed $100 million in assets under management as of May 9, 2011. RiverNorth may close the fund to new investors when it reaches $1 billion in assets, adds MutualFundWire. The open-end mutual fund was launched on Dec. 30, 2010, in partnership with DoubleLine Capital.

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