# Covara Capital, LLC

> Covara Capital, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 1, 2026.

- CRD: 337515
- Filed as: COVARA CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/337515
- AdvisorCensus page: https://advisorcensus.com/firm/covara-capital-llc-new-york-ny-337515

## Quick answers

**How is Covara Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Covara Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Covara Capital, LLC located?**
Covara Capital, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Covara Capital, LLC registered with the SEC or a state?**
Covara Capital, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 337515.

**How much does Covara Capital, LLC manage?**
Covara Capital, LLC reports $405,132,157 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (100% discretionary).

**What types of clients does Covara Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Covara Capital, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/337515

**What changed in Covara Capital, LLC's recent Form ADV filings?**
In the December 2025 filing data: Newly registered with the SEC.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $405,132,157
- Discretionary: $405,132,157
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $405,132,157 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- covaracapital.com
- LinkedIn @covaracapital

## Changes in the filing (last 12 months)

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Covara Capital, LLC (CRD 337515): Form ADV filing data as of October 2026.