Established in 1994, Covington Capital Corporation is one of Canada’s largest providers of venture capital investment funds. Managing over $400 million in assets, Covington provides Canadians with the ability to access venture capital investment opportunities via their suite of retail venture capital product offerings.
Through our retail product offerings, Covington invests in select, privately held enterprises with the objective of growing the business toward an eventual exit (typically through an initial public offering, merger, or acquisition) seeking to provide a strong return over the initial investment. With an extensive network of industry professionals, strategic partners, and comprehensive strategic and operational expertise, Covington is one of the top choices for entrepreneurs seeking a venture capital partner.
With substantial investment experience, Covington’s investment team is comprised of some of Canada’s most experienced venture capital managers. The team has invested in a number of companies through a diverse range of industry sectors including traditional industries, technology, and health care. Covington’s conservative, later-stage focus and successful track record have made them a leader in Canada’s venture capital landscape.
Managing over $400 million, Covington’s current product offerings include: Covington Fund II, Covington Strategic Capital Fund, New Generation Biotech Equity Fund, Financial Industry Opportunities Fund, and Covington Venture Fund.
Under federal and provincial laws, labour-sponsored funds are required to have a Sponsor. The sponsor for the Covington Fund I, Covington Fund II, and Covington Strategic Capital Fund is the Canadian Police Association ("CPA").
The CPA was instrumental in the formation of these Funds and through its participation will provide Canadians with investment opportunities which might not otherwise be available to them. The association currently elects seven persons as Directors of the Fund.
For more information on Covington Group of Funds please visit their website at www.covingtonfunds.com.