inspired by

An outsourced chief investment officer (OCIO) offering endowment-style investing and endowment management expertise to help your non-profit achieve outperformance on every level.


/koh-vair-ee-uh ns/

A measure of interdependent change

A central concept behind maximizing the opportunity set for invested capital

Covariance Capital Management offers principled investment leadership to empower non‐profit institutions to further their mission through the responsible growth of their permanent capital. We deliver comprehensive endowment management services drawing from our accomplished team, deep resources, and the values of our non‐profit heritage.