Kevin Kinzie is the CEO and founder of Octavus Group. Octavus was founded in 2003 to fill a growing market opportunity in alternative investments and has since distributed nearly $1 billion in this space. More recently in 2010, Kevin founded and is the CEO of LoCorr Funds. LoCorr was founded to create a family of alternative investment products designed to produce returns that have low correlation to traditional investments.
In addition to Octavus/LoCorr, Kevin’s 25 years of experience in financial services includes founding a real estate finance company, LendSource, Inc. Previously, Kevin served as President and CEO of Richard Leahy Corporation, a wholly owned subsidiary of Lincoln Financial Corporation, guiding the Company into the bank marketplace offering investment products to bank customers, during which time sales grew to over $700 million and employees to about 450. Kevin previously was a leading money raiser for a Minneapolis based mutual fund/hedge fund company.
Kevin holds a BS in business and marketing from the University of Colorado. He holds the FINRA Series 6, 7, 24, 31, and 63 licenses and the CLU designation.
Jon Essen joined Octavus Group/LoCorr Funds as its Chief Operating Officer and Chief Compliance Officer in 2008. Jon has been COO of LoCorr Fund Management since its inception 2010 and Portfolio Manager of the Funds since inception in 2011. Jon has about 20 years of experience in the financial services industry.
Prior to LoCorr, he worked as EVP and CFO of a mezzanine finance company based in St. Paul, MN. Prior to that, Jon worked at Jundt Associates from 1998 to 2002 as its CFO, Director of Operations and Director of Compliance. Jundt Associates was an investment management firm, based in Minneapolis, MN, that offered its services through mutual funds, hedge funds and private accounts. Jon also worked as a Senior Financial Analyst at Norwest Investment Services (currently Wells Fargo Investments) from 1997 to 1998, and at Voyageur Funds, an asset management company based in Minneapolis, MN, from 1994 to 1997, serving as its Reporting and Control Supervisor.
Jon graduated from Minnesota State Mankato (formerly Mankato State University) with a B.S. in Business Administration. He is a CPA (inactive) and holds the FINRA Series 3, 7, 24, 28, and 63 licenses.
Ruxandra Risko joined LoCorr Funds in Feb 2011 to lead the national accounts efforts of the firm. Her goal is to build distribution across national account relationships by cultivating existing nationwide partnerships and expanding into new platforms as well as new channels of distribution. Ruxandra brings over 20 years of experience in the asset management business, specifically in distribution.
Prior to joining LoCorr, Ruxandra was responsible for managing the nationwide relationships with the major distribution partners at Oppenheimer Funds. Her specific responsibilities included oversight of product approval, all aspects of relationship management and financial arrangements with firms distributing Oppenheimer products.
Ruxandra holds a BS in Finance and International Business as well as a MBA in Finance from New York University.
Kris Jaenicke leads our distribution efforts in the firm’s eastern division and is responsible for that team’s delivery of the LoCorr product suite to that region of the country. Kris is also instrumental to the firms branding and positioning in the industry, working with marketing to developing materials for the education of advisors and investors. Prior to his new role, Kris was regional vice president, primarily responsible for the distribution of alternative investment products through financial advisors in the Ohio, Michigan, Kentucky and western Pennsylvania territories. Focused exclusively on the distribution of alternative investments for the past decade, Kris offers advisors expertise in the sector, as well as more than 20 years of experience in a sales capacity within financial services. He was previously a senior regional vice president for Dividend Capital, Scudder Investments and MFS Funds.
Kris is an accomplished speaker and expert on low correlating strategies. He was awarded the Sequoia Lifetime Achievement Award in 2010, an award recognizing field sales professionals who have demonstrated a commitment of excellence in their careers. Kris has a BA in Finance from the University of Iowa. He serves on the board of Hudson Community Chapel and is active in mission work. He is a Chartered Life Underwriter and a Chartered Mutual Fund Counselor. He holds the FINRA Series 6, 7, 24 and 63 licenses.
Sean Katof leads the firm’s research team and is responsible for reviewing current and new sub-advisors for possible additions to our existing family of funds. He drives efforts in the development of new products within the alternative marketplace to expand current offerings within LoCorr Funds. Sean joined LoCorr Funds in 2015 and has worked in the investment industry since 1994. Prior to joining LoCorr Funds, Sean served as Director of Capital Markets at SLOCUM, an institutional consulting firm, from 2005 to 2015. In this role, he led the firm’s global equity manager research covering traditional equity, short extension, closed end fund, and options overlay strategies. In addition he was actively involved in equity long-short manager research.
Prior to joining Slocum, Sean served as Portfolio Manager at Devenir Investment Advisors where he managed the Industry Leaders Core Equity portfolio from 2004 - 2005. Prior to that, Sean was a Vice President and Portfolio Manager at INVESCO Funds Group where he served in positions of increasing responsibility from 1994 – 2003. Joining INVESCO Funds Group as a Fund Accountant, Sean moved into the investment division, eventually serving as Portfolio Manager for the INVESCO Real Estate Opportunity Fund and Co-Portfolio Manager for the INVESCO Core Equity Fund.
Sean received his B.S. in Business Administration with an emphasis in Finance from the University of Colorado at Boulder. He holds an M.S. in Finance from the University of Colorado at Denver. Sean is a Chartered Financial Analyst (CFA) and a Chartered Alternative Investment Analyst (CAIA) charterholder.
John Jul, CIMA®, AIF®, will oversee LoCorr’s Southwest region with distribution efforts in Southern California, Southern Nevada, and Hawaii. He is based in Poway, CA, has been in the financial industry for 13 years, and has over 30 years of sales and management experience. John comes to LoCorr from Pioneer Investments, where he was a Senior Vice President covering the Wealth Management channel in Southern California and all channels in Southern Nevada and Hawaii. Prior experience includes being Principal and SVP of Sales and Marketing for Span Instruments, a technology firm manufacturing components for the semiconductor industry.
John acquired his Certified Investment Management Analyst (CIMA®) designation in 2008, and his Accredited Investment Fiduciary (AIF®) designation in 2014. He is a graduate of Northern Illinois University, located in DeKalb, Illinois, where he earned a BS degree in Business Management. John also holds the FINRA series 7, 63, and 65 licenses.
Mutual fund investing involves risk. Principal loss is possible. The Funds are non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Funds are more exposed to individual stock volatility than a diversified fund. The Funds invest in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. The Funds may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investing in commodities may subject the Funds to greater risks and volatility as commodity prices may be influenced by a variety of factors including unfavorable weather, environmental factors, and changes in government regulations. Investing in derivative securities derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in Asset Backed, Mortgage Backed, and Collateralized Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments
The Funds may invest in small- and medium-capitalization companies which involve additional risks such as limited liquidity and greater volatility. The Funds may also invest in lower-rated and non-rated securities which present a greater risk of loss to principal and interest than higher-rated securities. ETF investments are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in stocks and bonds. ETFs are subject to specific risks, depending on the nature of the ETF. A Fund's real estate portfolio may be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Property values may fall due to increasing vacancies or declining rents resulting from economic, legal, cultural, or technological developments. Investments in Limited Partnerships (including master limited partnerships) involve risks different from those of investing in common stock including risks related to limited control and limited rights to vote on matters affecting the Limited Partnership, risks related to potential conflicts of interest between the Limited Partnership and the Limited Partnership's general partner, cash flow risks, tax risk, dilution risks and risks related to the general partner's limited call right. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Fund.
Diversification does not assure a profit nor protect against loss in a declining market.
Before you invest in the LoCorr Funds, please refer to the prospectus for important information to consider carefully about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1.855.LCFUNDS (1.855.523.8637). The prospectus should be read and considered carefully before you invest or send money.
The Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Funds in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
Correlation is a statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related.
The LoCorr Funds are distributed by Quasar Distributors, LLC