COVARA CAPITAL, LLC

RIASEC RegisteredEst. 2025
Total AUM
$405M
Discretionary
$405M
100% of AUM
Avg account
$135M
Accounts
3
Employees
7
Advisory reps
2

Firm details

Headquarters
New York, New York
CRD number
337515
Registered since
August 28, 2025
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles100%
Services
Portfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Covara Capital, LLC is structured as a limited liability company operating as a hedge fund manager that serves institutional clients. The firm is SEC-registered (2025) and is owned by an individual. Its advisory activity centers on managing pooled investment vehicles, and it also functions in sponsor/GP and CPO/CTA roles for those vehicles. Compensation combines a percentage-of-assets fee with performance-based fees. The firm does not identify as an active ESG investor and does not present itself as a multi-state adviser or a capital allocator.

Assets & Accounts

Investments & Alternatives

Private Funds

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Owners & executives

2 of 2
  • SACHIN GUPTA

    Founder and Chief Investment OfficerCRD 5817505

  • JEFFREY HERRING

    CFO & CCOCRD 4251373

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
747 3rd Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth