Covemark Cordero, LLC
Covemark Investment · adviser of record: Covemark Investment Manager LLC · 2019 vintage
Covemark Cordero, LLC is a 2019 venture fund managed by Covemark Investment, with $2.3mm raised (Form D, amount sold). It reported $13.1mm in gross assets at year-end 2025, 5.75x its size, its highest reported value.
- Latest value held
- $13.1mm year-end 2025
- Peak
- $13.1mm year-end 2025
- Fund size
- $2.3mm Form D, amount sold
- Held vs. size
- 5.75x peak 5.75x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $13.1mm | 5.75x | +1% over 2 yrs |
| 2023 | $13mm | 5.70x | +0% |
| 2022 | $13mm | 5.70x | +483% |
| 2021 | $2.2mm | 0.98x | +0% |
| 2020 | $2.2mm | 0.98x | +0% |
| 2019 | $2.2mm | 0.98x | – |
Other funds from Covemark Investment
- Covemark VF, LLC 2019
- Covemark MP Fund III, LLC 2018
- Covemark NFH, LLC 2018
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-7142353806. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.