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Covenant Capital Group Raises $600 Million For Covenant Apartment Fund X, L.P.

PRIVATEAug 09, 2021almost 5 years ago

Amount Raised

$600 Million

Nashville

Description

Covenant Capital Group, LLC (“Covenant”), a leading real estate investment manager with an exclusive focus on value-add investments in apartment communities, announces it has closed on the largest fund in the firm’s 20-year history.

Company Information

Company

Covenant Capital Group

Location

Nashville, Arkansas, United States

About

Covenant Capital Group, a real estate investment management company formed in 2001, focuses on revitalizing apartment communities into premier, institutional quality assets. Headquartered in Nashville, Tennessee, Covenant has over $1.1 Billion of assets under management and manages real estate investments in more than 26 markets throughout the United States. Covenant was founded by Rick Scarola and Govan White in 2001. Covenant is a signatory to the United Nations Principles of Responsible Investing. Covenant is co-managed by partners Rick Scarola and Govan White. They have worked together for over two decades and the firm’s leadership team has operated through multiple economic cycles to refine its strategy in a multitude of conditions. Covenant’s clients are a diversified mix of public and private retirement systems, foundations, endowments, and private investors. For more information, visit: http://www.covenantcapgroup.com/.

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