Delivering endowment-style investing to your organization

Covariance brings together deeply experienced professionals who have created an institutionalized investment process and infrastructure for the sole purpose of enabling non-profit institutions to achieve more in the pursuit of their missions. We are committed to increasing our clients’ level of investment sophistication, optimizing the effectiveness of their resources, and breaking down barriers to enhanced performance across a range of factors critical to endowment management.

Covariance provides outsourced chief investment officer (OCIO) services to non-profit institutions seeking customized discretionary management for their long-term capital.

  • Professionals from top endowments and investment management firms
  • Experienced investors across multiple market cycles
  • Exclusive non-profit focus
  • Founded in 2010 by TIAA as an independent subsidiary
    • Thoughtfully construct customized portfolios across traditional and alternative asset classes
    • Robust front- and back-office due diligence
    • Ongoing monitoring of underlying managers and overall portfolios
    • Judgment of experienced professionals is critical to building portfolios for long-term outperformance
    • A transparent and customized partnership is essential
    • Institutional-grade operational infrastructure is important in supporting investment goals