Erich Rettinger
About Erich Rettinger
Erich Rettinger (born 1985) serves as Treasurer of the Liberty All-Star Funds (Equity Fund and Growth Fund) and is a Vice President of ALPS Advisors, Inc. since 2021; previously he was Vice President and Fund Controller at ALPS Fund Services, Inc. from 2013–2021 . He continues in the Treasurer role through the latest proxy and is deemed an affiliate of the Funds by virtue of his position at ALPS Advisors under the 1940 Act . The proxies do not disclose personal education or performance metrics (TSR, revenue, EBITDA) for fund officers.
Past Roles
| Organization | Role | Years | Source |
|---|---|---|---|
| ALPS Fund Services, Inc. | Vice President & Fund Controller | 2013–2021 | |
| ALPS Advisors, Inc. | Vice President | 2021–present |
External Roles
| Organization | Role | Years | Source |
|---|---|---|---|
| Principal Real Estate Income Fund | Treasurer | 2021–present | |
| ALPS ETF Trust | Treasurer | 2024–present | |
| ALPS Variable Investment Trust | President | 2024–present | |
| RiverNorth Opportunities Fund, Inc. | Treasurer | 2021–2022 (disclosed) |
Fixed Compensation
- The proxies detail compensation for Independent Trustees/Directors and state neither Fund has a bonus, profit-sharing, or retirement plan for Trustees; officer-specific cash compensation disclosures are not provided in the proxies .
Performance Compensation
- No disclosures of officer performance-based incentives (RSUs/PSUs, options, metrics, targets, payout curves, vesting) for fund officers appear in the proxy statements; compensation sections focus on Independent Trustees/Directors .
Equity Ownership & Alignment
The proxies provide officer share ownership by fund. Erich Rettinger reported no holdings in both Funds across recent years; group ownership by Trustees/Directors and Executive Officers was less than 1% each year.
| Metric | 2022 (Record Date Jun 13, 2022) | 2023 (As of Dec 31, 2023) | 2024 (As of Dec 31, 2024) |
|---|---|---|---|
| Shares Owned – Equity Fund (units) | 0 | 0 | 0 |
| Shares Owned – Growth Fund (units) | 0 | 0 | 0 |
| Group Ownership % (Trustees/Directors & Execs) | <1% | <1% | <1% |
- No pledging, hedging, or ownership guideline disclosures are provided for officers in the proxies.
- With zero reported holdings, there is no direct selling overhang attributable to Rettinger’s personal shares .
Employment Terms
- Position and tenure: Treasurer; first elected/appointed in 2021; continues serving through the latest proxy .
- Officer appointment and term: Boards elect Fund officers annually; officers serve at the pleasure of the Boards and hold office until successors are elected/qualified or upon removal/resignation/death .
- Affiliation: Deemed an affiliate of the Funds due to his role at ALPS Advisors, Inc. under the 1940 Act .
- The proxies do not disclose officer employment contracts, severance, change-of-control provisions, non-compete/non-solicit terms, garden leave, consulting arrangements, clawbacks, or tax gross-ups for officers.
Investment Implications
- Alignment: Rettinger reports no share ownership in either Fund, implying limited direct equity alignment and no personal share-sale pressure; officer compensation is not disclosed, and pay oversight in proxies centers on Independent Trustees/Directors .
- Governance and retention: Officers are annually elected and serve at the Boards’ discretion; Rettinger’s continued service since 2021 indicates role stability, but the absence of disclosed employment economics (severance/COC/bonuses/equity) limits assessment of retention incentives and pay-for-performance alignment .
- Signal value: With no reported holdings and no disclosed equity awards, traditional insider trading or vesting-related selling signals are not present; investors should monitor any future filings (e.g., Form 4s or proxies) for changes in ownership or newly disclosed officer compensation frameworks .