Cove Capital Management Inc.

Cove Capital Management, Inc. was established in 2012 and is located in Brentwood, TN. The firm specializes in providing discretionary investment advice to managed accounts within private investment funds. As of December 31, 2024, Cove had approximately $120,852,464 in regulatory assets under management. The firm negotiates management fees annually with the funds' general partners and may receive performance fees based on net trading profits. Cove's investment strategy focuses on dynamic portfolios of U.S. investment-grade debt, including CDS and options, with a mix of fundamental and technical research. The firm may also engage in hedging strategies to mitigate risks. Cove's investment philosophy involves active management to capitalize on market movements and relative value opportunities. Clients of Cove are primarily investors in private placement transactions within the U.S. or offshore transactions, meeting specific eligibility and suitability requirements. The firm's investment activities involve speculative alternative investment strategies with inherent risks, including leverage, interest rate fluctuations, market volatility, and geopolitical events. Cove's Code of Ethics emphasizes client interests, compliance with securities laws, and ethical conduct. The firm does not vote proxies on behalf of clients and does not exercise custody over client assets. Cove operates under the guidance of the Funds' general partners and may allocate investment opportunities and trades among managed accounts based on fair and equitable principles.