Covenant Financial Services Becomes Covenant Global Investors

Jan 26 2012 | 8:40am ET

Covenant Financial Services, the management company for the Covenant family of target-return, global macro hedge funds and separately managed accounts, has changed its trade name to Covenant Global Investors.

The firm said in a statement the change was made to “better reflect the firm’s current position in the market and the completion of its evolution from a boutique advisory firm started in 1984 to the $320 million AUM global macro investment manager that it is today.”

Covenant Global Investors has expanded its focus from high-net-worth investors to institutions in this past year.

“We’re wired differently at Covenant,” said Steve Shafer, CIO and portfolio manager of Covenant Global Investors. “Because of the firm’s history as a private wealth manager and our fiduciary responsibility to our clients, we have an uncommonly strong relationship with our investors—whom we call ‘partners.’ This covenant with our investors is the defining feature of our corporate DNA and the reason that we continue to keep that word front and center in our branding.”

The name change took effect on January 1st, 2012.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...