The law firm for
private markets.

Covenant pairs elite private-market lawyers with AI-native execution and a legal intelligence layer that remembers every deal and makes every decision smarter.

$3T+
in client AUM
60%
of top US endowments
10%
of PEI Global 100 Investors
Trusted by the institutions shaping private markets
A different kind of firm

Traditional law firms sell hours.
Software sells tools.
Covenant delivers results.

Legal judgment, automated execution, and institutional memory work as one system. Your team knows more, decides faster, and moves with confidence.

Exceptional lawyers

Private-market attorneys bring the judgment to handle what is complex, novel and consequential.

AI-native execution

Purpose-built workflows that review, draft, compare and close with unparalleled speed and precision.

Legal intelligence

A verified, living record captures every term, right, obligation and negotiation across your portfolio.

Capabilities

Covenant covers the full range of
private market matters.

Every deal type, every structure, every stage. Legal advice is available when you need it and how you want it.

Legal Intelligence
Every term, right, obligation and precedent is structured and searchable across the portfolio.
Investment Funds
Advises on closed-end funds, hedge funds, co-investments, continuation vehicles, IMAs/SMAs, and joint ventures. From legal review and issues lists to comment memos to side letters, subscriptions to MFN analysis.
Direct Equity
Represents investors in seed through growth-stage financings, covering every type of direct and venture investment from safes and convertible notes to priced rounds.
Private Credit
Provides diligence, term sheet review, negotiation, and execution across fund and direct lending, spanning venture debt, CLOs, syndicated loans, and fund financing at every structure and stage.
Secondaries
Represents buyers and sellers of private company and fund interests through every step of the deal process: LOI, diligence, purchase and sale agreements, and transfer.
Your institutional memory

Your deal history should be an advantage.

Every matter becomes structured intelligence. Covenant remembers your positions, monitors your rights and brings the full context of your organization into every decision.

Verified by Covenant lawyers
Current across amendments and side letters
Searchable across your entire portfolio
Covenant portfolio analysis dashboard

Ready to get started?

Submit an LPA for a free review, or start a conversation with our team.

Submit an LPAStart a conversation