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Adviser Profile

As of Date 05/22/2024
Adviser Type - Large advisory firm
Number of Employees 26 30.00%
of those in investment advisory functions 13 30.00%
Registration SEC, Approved, 1/28/2019
AUM* 1,670,011,321 11.36%
of that, discretionary 1,661,897,195 12.14%
Private Fund GAV* 876,470,616 -66.12%
Avg Account Size 111,334,088 -10.92%
SMA’s Yes
Private Funds 11 2
Contact Info 646 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Other

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 1B 1B 847M 635M 423M 212M
2018 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count4 GAV$506,790,256
Fund TypePrivate Equity Fund Count7 GAV$369,680,360

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Brochure Summary

Overview

CoVenture Management, LLC, a Delaware limited liability company, commenced operations in July 2016. CoVenture is principally owned by CoVenture Holding Company, LLC. CoVenture’s principal place of business is in New York, NY. CoVenture provides investment advisory services, on a discretionary and a non-discretionary basis, focused on direct credit opportunities and credit-oriented investments in both early and later stage companies, for privately offered pooled investment vehicles, funds-of-one and special purpose vehicles (collectively referred to herein as “Funds” or “Clients”). As investment manager, CoVenture performs the following advisory services on behalf of the Funds: (i) formulation of a continuing program for the investment of the assets of each Fund in a manner consistent with such Fund's investment objectives, policies and restrictions; (ii) collection and evaluation
of such information relating to the economy, industries, businesses, securities markets and securities as it may deem necessary or useful in discharging its responsibilities to manage such investment programs; and (iii) determination of the securities to be purchased, sold, retained, borrowed or lent by the Funds, and the implementation of those decisions, including the selection of entities with or through which such purchases, sales or loans are to be effected. The investment objectives and strategy of each Fund will be set forth in the governing agreements and/or offering documents for such Fund (collectively, “Governing Documents”). Any restrictions on investments will be contained in each such Fund's Governing Documents. CoVenture does not participate in any wrap fee programs. The Firm had approximately $1,670,011,321 regulatory assets under management, determined as of December 31, 2023.