Cove View Investment Partners manages private investment funds. Cove View does not tailor its advisory services to the particular needs of clients. Investors should consider whether the funds meet their investment objectives and risk tolerance prior to investing. Fund portfolios are managed according to their offering memoranda and governing documents.
Fee Structure
Cove View manages investment funds and charges a monthly management fee calculated at an annual rate of 1.5% of each Common Share. Cove View also receives a performance-based allocation (the “Incentive Allocation”), which represents compensation based on a share of the capital gains, income, or capital appreciation of a Limited Partner’s Capital Account. The Incentive Allocation is subject to a 6% annual, compounding Hurdle Rate, adjusted for contributions, withdrawals, reductions used to fund Designated Investments, and increases resulting from full or partial realizations during the year, and is also subject to a highwater mark.