COVINGTON INVESTMENT MANAGEMENT, LLC

Overview

Covington Investment Management, LLC operates as a small hedge fund manager that provides portfolio management for pooled investment vehicles and serves institutional clients. The firm charges a combination of percentage-of-assets fees and performance-based fees, a fee structure aligned with active, return-driven strategies typical of hedge fund managers. Covington is organized to act as sponsor and general partner or managing member of its pooled vehicles and has affiliations that indicate involvement with broker-dealer and other adviser roles. Investment activity centers on running and managing hedge-fund-style pools while also using third-party pooled vehicles. The firm is not positioned as an ESG-focused allocator and presents a concentrated institutional client base rather than broad retail distribution. Given the firm’s structure and fee model, the emphasis is on active management and delivering relative or absolute returns through vehicles that can employ flexible, hedge fund techniques.

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Investments & Alternatives

Location & Offices