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Cove Capital is a private family company serving the needs of branches of a single family with a primary mission to protect and build financial and human capital, as well as facilitate the pursuit of philanthropic objectives. Cove manages both Core (Fixed Income, Public Equity, Hedge Funds, etc.) and Venture exposures for the family, and invests both directly and through funds. Barney Corning is the Partner and Co-founder of Cove Capital, the East Coast family office branch of the Corning family. The family's interests date back to mid-west oil business activity that was acquired by Rockefeller in the creation of Standard Oil. The Cornings have additional offices in Ohio and California. In addition to direct investments Cove takes LP interests in funds, both emerging and established, that can add proven value and will take active roles when appropriate. For example, the principal family was a founding investor in Greylock Partners and has taken active hands-on involvement in firms such as Velocity Equity Partners, Corning Partners, Affinity Capital, etc. Ideally company investments are in the early stages of development with revenues in the $3M to $20M range in the areas of financial services, enterprise software, consumer products and services, light manufacturing and technology. Today the CCC Alliance brings together its over 100 member familes to pursue opportunities and best practices.
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